Emerald Holding (Emerald Holding) Gross Margin %

: 64.83% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Emerald Holding's Gross Profit for the three months ended in Dec. 2023 was $65.8 Mil. Emerald Holding's Revenue for the three months ended in Dec. 2023 was $101.5 Mil. Therefore, Emerald Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 64.83%.

Warning Sign:

Emerald Holding Inc gross margin has been in long-term decline. The average rate of decline per year is -1.4%.

The historical rank and industry rank for Emerald Holding's Gross Margin % or its related term are showing as below:

EEX' s Gross Margin % Range Over the Past 10 Years
Min: 54.79 Med: 68.31 Max: 73.93
Current: 64.05

During the past 10 years, the highest Gross Margin % of Emerald Holding was 73.93%. The lowest was 54.79%. And the median was 68.31%.

EEX's Gross Margin % is ranked better than
79.25% of 964 companies
in the Media - Diversified industry
Industry Median: 38.675 vs EEX: 64.05

Emerald Holding had a gross margin of 64.83% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Emerald Holding was -1.40% per year.

Emerald Holding Gross Margin % Historical Data

The historical data trend for Emerald Holding's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Emerald Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

66.69

54.79

60.76

64.25

64.05

Emerald Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															64.53	64.68	62.08	64.28	64.83

Competitive Comparison

For the Advertising Agencies subindustry, Emerald Holding's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Emerald Holding Gross Margin % Distribution

For the Media - Diversified industry and Communication Services sector, Emerald Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Emerald Holding's Gross Margin % falls into.

Emerald Holding Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Emerald Holding's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	245.2	/	382.8
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(382.8 - 137.6)	/	382.8
	=	64.05 %

Emerald Holding's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	65.8	/	101.5
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(101.5 - 35.7)	/	101.5
	=	64.83 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Emerald Holding (NYSE:EEX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Emerald Holding had a gross margin of 64.83% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Emerald Holding Gross Margin % Related Terms

Thank you for viewing the detailed overview of Emerald Holding's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Emerald Holding (Emerald Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Emerald Holding Inc (NYSE:EEX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

EM7:Germany

Address

100 Broadway, 14th Floor, New York, NY, USA, 10005

Website

http://www.emeraldexpositions.com

Emerald Holding Inc is an operator of B2B trade shows in the United States by NSF. It operates trade shows, which serve a large and broad set of global exhibitors and attendees, across multiple attractive, fragmented sectors that represent significant portions of the U.S. economy. The company operates trade shows in several broadly-defined industry sectors namely, Gift, Home and General Merchandise, Sports Design and Construction, Technology, Jewelry, Other Trade Shows, Other Events, and Other Marketing Services amongst other. It operates in three segments: Commerce; Design, Creative, and Technology; and All others.

Executives

Danielle Puceta	officer: EVP, Content & Commerce	100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Issa Jouaneh	officer: President, Connections	100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Brian Field	officer: Chief Operating Officer	EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
David Saul Levin	director	EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
William Charles	officer: Chief Information Officer	EMERALD EXPOSITIONS EVENTS, INC., 31910 DEL OBISPO STREET, SUITE 200, SAN JUAN CAPISTRANO CA 92675
Stacey Sayetta	officer: General Counsel	EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Mitchell Gendel	officer: General Counsel	EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
David B. Doft	officer: CFO & Treasurer	EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Herve Sedky	officer: CEO & President	EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Lynda M Clarizio	director	200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Onex Corp	10 percent owner	161 BAY STREET, P O BOX 700, TORONTO ONTARIO CANA A6
Onex Partners V Gp Ltd	10 percent owner	C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Onex Partners Canadian Gp Inc.	10 percent owner	C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Opv Gem Aggregator Lp	10 percent owner	C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Onex Advisor Subco Iii Llc	10 percent owner	ONEX CORPORATION 712 FIFTH AVENUE, NEW YORK NY 10019