Townsquare Media (Townsquare Media) Gross Margin % : 26.91% (As of Dec. 2023)

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What is Townsquare Media Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Townsquare Media's Gross Profit for the three months ended in Dec. 2023 was $30.9 Mil. Townsquare Media's Revenue for the three months ended in Dec. 2023 was $114.8 Mil. Therefore, Townsquare Media's Gross Margin % for the quarter that ended in Dec. 2023 was 26.91%.

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

TSQ' s Gross Margin % Range Over the Past 10 Years
Min: 23.96 Med: 29.78 Max: 32.22
Current: 27.53

During the past 12 years, the highest Gross Margin % of Townsquare Media was 32.22%. The lowest was 23.96%. And the median was 29.78%.

TSQ's Gross Margin % is ranked worse than
66.56% of 963 companies
in the Media - Diversified industry
Industry Median: 38.52 vs TSQ: 27.53

Townsquare Media had a gross margin of 26.91% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Townsquare Media was -0.60% per year.

Townsquare Media Gross Margin % Historical Data

The historical data trend for Townsquare Media'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.

Townsquare Media Gross Margin % Chart

Townsquare Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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30.36

23.96

31.02

29.83

27.53

Townsquare Media 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															30.70	24.04	29.35	29.35	26.91

Competitive Comparison of Townsquare Media's Gross Margin %

For the Advertising Agencies subindustry, Townsquare Media'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.

Townsquare Media's Gross Margin % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Townsquare Media's Gross Margin % falls into.

Townsquare Media Gross Margin % Calculation

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

Townsquare Media'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 )
	=	125	/	454.231
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(454.231 - 329.197)	/	454.231
	=	27.53 %

Townsquare Media'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 )
	=	30.9	/	114.786
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(114.786 - 83.896)	/	114.786
	=	26.91 %

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.

Townsquare Media (NYSE:TSQ) 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

Townsquare Media had a gross margin of 26.91% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Townsquare Media Gross Margin % Related Terms

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

Townsquare Media (Townsquare Media) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

2T8:Germany

Address

One Manhattanville Road, Suite 202, Purchase, New York, NY, USA, 10577

Website

https://www.townsquaremedia.com

Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments which are Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. It earns the majority of the revenue from the Broadcasting Advertising segment. Its portfolio includes local media brands such as WYRK.com, WJON.com, and NJ101.5.com, and premier national music brands such as XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com.

Executives

Erik Hellum	officer: COO, Local Media	C/O TOWNSQUARE MEDIA, INC., 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
Scott Schatz	officer: EVP, Finance Op and Tech	C/O TOWNSQUARE MEDIA, INC., 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
David Lebow	director	C/O TOWNSQUARE MEDIA, INC, 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
Madison Square Garden Entertainment Corp.	10 percent owner	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gary D Way	director	C/O TOWNSQUARE MEDIA, INC., ONE MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
David Quick	director	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Iii, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Pof Iv Aif Gap Holdings, L.p.	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Atlas Ocm Holdings, Llc	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investments, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Partners Ltd	10 percent owner	181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3