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Franklin Covey Co Gross Margin %

: 77.26% (As of Aug. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. Franklin Covey Co's Gross Profit for the three months ended in Aug. 2021 was $53.3 Mil. Franklin Covey Co's Revenue for the three months ended in Aug. 2021 was $68.9 Mil. Therefore, Franklin Covey Co's Gross Margin % for the quarter that ended in Aug. 2021 was 77.26%.


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

NYSE:FC' s Gross Margin % Range Over the Past 10 Years
Min: 65.78   Med: 67.56   Max: 77.13
Current: 77.13

65.78
77.13

During the past 13 years, the highest Gross Margin % of Franklin Covey Co was 77.13%. The lowest was 65.78%. And the median was 67.56%.

NYSE:FC's Gross Margin % is ranked higher than
86% of the 955 Companies
in the Business Services industry.

( Industry Median: 33.45 vs. NYSE:FC: 77.13 )

Franklin Covey Co had a gross margin of 77.26% for the quarter that ended in Aug. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Franklin Covey Co was 2.80% per year.


Franklin Covey Co Gross Margin % Historical Data

The historical data trend for Franklin Covey Co'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.

Franklin Covey Co Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.21 70.70 70.69 73.25 77.13

Franklin Covey Co Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.26 75.30 77.53 78.16 77.26

Competitive Comparison

For the Consulting Services subindustry, Franklin Covey Co'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.

   

Franklin Covey Co Gross Margin % Distribution

For the Business Services industry and Industrials sector, Franklin Covey Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Franklin Covey Co's Gross Margin % falls into.



Franklin Covey Co Gross Margin % Calculation

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

Franklin Covey Co's Gross Margin for the fiscal year that ended in Aug. 2021 is calculated as

Gross Margin % (A: Aug. 2021 )=Gross Profit (A: Aug. 2021 ) / Revenue (A: Aug. 2021 )
=172.9 / 224.168
=(Revenue - Cost of Goods Sold) / Revenue
=(224.168 - 51.266) / 224.168
=77.13 %

Franklin Covey Co's Gross Margin for the quarter that ended in Aug. 2021 is calculated as


Gross Margin % (Q: Aug. 2021 )=Gross Profit (Q: Aug. 2021 ) / Revenue (Q: Aug. 2021 )
=53.3 / 68.945
=(Revenue - Cost of Goods Sold) / Revenue
=(68.945 - 15.677) / 68.945
=77.26 %

* 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.

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.


Franklin Covey Co  (NYSE:FC) 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

Franklin Covey Co had a gross margin of 77.26% for the quarter that ended in Aug. 2021 => 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.


Franklin Covey Co Gross Margin % Related Terms

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


Franklin Covey Co Business Description

Franklin Covey Co logo
Industry
Industrials » Business Services NAICS : 541611 SIC : 8742
Traded in Other Exchanges
N/A
Address
2200 West Parkway Boulevard, Salt Lake City, UT, USA, 84119-2331
Franklin Covey Co is a global company focused on organizational performance improvement. It focuses on providing time management and effectiveness training for individuals and corporations via online training as well as in-person workshops and events. The company provides training and consulting services in the areas of leadership, execution, productivity, trust, sales performance, customer loyalty, and educational improvement. It operates in the business segments of Direct Offices, Education practice and International Licensees. The company derives revenue from providing training and consulting services, and through the selling of books, audio media, and other related products. It has a business presence in the United States and other international countries.
Executives
Whitman Robert A director, officer: Chief Executive Officer 4200 TEXAS COMMERCE TOWER WEST 2200 ROSS AVE DALLAS TX 75201
Young Stephen D officer: Chief Financial Officer PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: YOUNG STEPHEN D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Davis Clifton Todd officer: VP People Services 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Covey Michael Sean Merrill officer: SVP Innovations and Marketing 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Miller Scott Jeffery officer: EVP Bus Development/Marketing 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Dom Colleen D officer: EVP Operations 2200 WEST PARKWAY BLVD SALT LAKE CITY UT 84119
Walker Paul S officer: EVP, Direct Offices Division 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Stepp Esther Kay director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: STEPP ESTHER KAY a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Phillips Nancy R director 1515 BROADWAY NEW YORK NY 10036
Fung Michael director 2200 WEST PARKWAY BLVD SALT LAKE CITY UT 84119
Mcnamara Donald J director 4200 TEXAS COMMERCE TOWER WEST 2200 ROSS AVE SUITE 4200 DALLAS TX 75201
Chow Anne H director 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Heiner Dennis Grant director 2220 WEST PARKWAY BLVD SALT LAKE CITY UT 84119
Van Bever Derek C M director 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Peterson Joel Clinton director C/O JETBLUE AIRWAYS CORPORATION 27-01 QUEENS PLAZA NORTH LONG ISLAND CITY NY 11101

Franklin Covey Co Headlines

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