GURUFOCUS.COM » STOCK LIST » USA » NYSE » Sally Beauty Holdings Inc (NYSE:SBH) » Definitions » Gross Margin %
Switch to:

Sally Beauty Holdings Gross Margin %

: 50.99% (As of Jun. 2022)
View and export this data going back to 2006. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Sally Beauty Holdings's Gross Profit for the three months ended in Jun. 2022 was $490 Mil. Sally Beauty Holdings's Revenue for the three months ended in Jun. 2022 was $961 Mil. Therefore, Sally Beauty Holdings's Gross Margin % for the quarter that ended in Jun. 2022 was 50.99%.


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

SBH' s Gross Margin % Range Over the Past 10 Years
Min: 48.82   Med: 49.53   Max: 50.91
Current: 50.91


During the past 13 years, the highest Gross Margin % of Sally Beauty Holdings was 50.91%. The lowest was 48.82%. And the median was 49.53%.

SBH's Gross Margin % is ranked better than
74.13% of 1098 companies
in the Retail - Cyclical industry
Industry Median: 37.74 vs SBH: 50.91

Sally Beauty Holdings had a gross margin of 50.99% for the quarter that ended in Jun. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sally Beauty Holdings was 0.00% per year.


Sally Beauty Holdings Gross Margin % Historical Data

The historical data trend for Sally Beauty Holdings'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.

Sally Beauty Holdings Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.89 49.44 49.29 48.82 50.41

Sally Beauty Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 50.31 50.59 51.02 51.06 50.99

Competitive Comparison

For the Specialty Retail subindustry, Sally Beauty Holdings'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.

   

Sally Beauty Holdings Gross Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Sally Beauty Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sally Beauty Holdings's Gross Margin % falls into.



Sally Beauty Holdings Gross Margin % Calculation

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

Sally Beauty Holdings's Gross Margin for the fiscal year that ended in Sep. 2021 is calculated as

Gross Margin % (A: Sep. 2021 )=Gross Profit (A: Sep. 2021 ) / Revenue (A: Sep. 2021 )
=1953.3 / 3874.997
=(Revenue - Cost of Goods Sold) / Revenue
=(3874.997 - 1921.663) / 3874.997
=50.41 %

Sally Beauty Holdings's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=490.2 / 961.467
=(Revenue - Cost of Goods Sold) / Revenue
=(961.467 - 471.259) / 961.467
=50.99 %

* 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.


Sally Beauty Holdings  (NYSE:SBH) 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

Sally Beauty Holdings had a gross margin of 50.99% for the quarter that ended in Jun. 2022 => 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.


Sally Beauty Holdings Gross Margin % Related Terms

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


Sally Beauty Holdings Business Description

Sally Beauty Holdings logo
Traded in Other Exchanges
Address
3001 Colorado Boulevard, Denton, TX, USA, 76210
Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.
Executives
Heasley Linda director 4 BATTERYMARCH PARK QUINCY MA 02169
Paulonis Denise director, officer: President & CEO 8000 BENT BRANCH DRIVE IRVING TX 75063
Mcmaster Robert R director, other: Chairman of the Board 907-B EAST MAIN STREET HUMBLE TX 77338-4662
Platz Marlo Michelle Cormier officer: SVP, CFO 2180 RUTHERFORD ROAD CARLSBAD CA 92008
Miller John A director 3001 COLORADO BLVD DENTON TX 76210
Eisenberg Marshall E director TWO NORTH LASALLE STREET CHICAGO IL 60602
Rabin Edward W director 200 WEST MADISON STE.3900 CHICAGO IL 60606
Kohn Pamela K officer: See Remarks 3001 COLORADO BLVD DENTON TX 76210
Spinks Mark Gregory officer: See Remarks 3001 COLORADO BLVD. DENTON TX 76210
Henrich John M officer: See Remarks 3001 COLORADO BLVD DENTON TX 76210
Sherman Scott C officer: SVP & CHRO 3001 COLORADO BLVD. DENTON TX 76210
Mulder Susan R director 3001 COLORADO BLVD. DENTON TX 76210
Cox Erin Nealy director 3001 COLORADO BLVD. DENTON TX 76210
Goss John Howard Jr officer: See Remarks 3001 COLORADO BLVD DENTON TX 76210
Edwards Mary Beth Beth officer: SVP, CIO & CTO 3001 COLORADO BLVD DENTON TX 76210

Sally Beauty Holdings Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)