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WideOpenWest (WideOpenWest) Gross Margin %

: 57.52% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. WideOpenWest's Gross Profit for the three months ended in Dec. 2023 was $97.1 Mil. WideOpenWest's Revenue for the three months ended in Dec. 2023 was $168.8 Mil. Therefore, WideOpenWest's Gross Margin % for the quarter that ended in Dec. 2023 was 57.52%.


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

WOW' s Gross Margin % Range Over the Past 10 Years
Min: 41.71   Med: 46.21   Max: 56.17
Current: 56.17


During the past 10 years, the highest Gross Margin % of WideOpenWest was 56.17%. The lowest was 41.71%. And the median was 46.21%.

WOW's Gross Margin % is ranked better than
60.62% of 353 companies
in the Telecommunication Services industry
Industry Median: 49.04 vs WOW: 56.17

WideOpenWest had a gross margin of 57.52% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for WideOpenWest was 4.50% per year.


WideOpenWest Gross Margin % Historical Data

The historical data trend for WideOpenWest'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.

WideOpenWest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.34 44.51 48.13 53.61 56.17

WideOpenWest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 57.01 54.65 56.20 56.33 57.52

Competitive Comparison

For the Telecom Services subindustry, WideOpenWest'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.


WideOpenWest Gross Margin % Distribution

For the Telecommunication Services industry and Communication Services sector, WideOpenWest's Gross Margin % distribution charts can be found below:

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



WideOpenWest Gross Margin % Calculation

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

WideOpenWest'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 )
=385.7 / 686.7
=(Revenue - Cost of Goods Sold) / Revenue
=(686.7 - 301) / 686.7
=56.17 %

WideOpenWest'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 )
=97.1 / 168.8
=(Revenue - Cost of Goods Sold) / Revenue
=(168.8 - 71.7) / 168.8
=57.52 %

* 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.


WideOpenWest  (NYSE:WOW) 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

WideOpenWest had a gross margin of 57.52% 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.


WideOpenWest Gross Margin % Related Terms

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


WideOpenWest (WideOpenWest) Business Description

Traded in Other Exchanges
Address
7887 East Belleview Avenue, Suite 1000, Englewood, CO, USA, 80111
WideOpenWest Inc is a cable operator and broadband service, provider. The company serves residential, business and wholesale customers in Illinois, Michigan, Indiana, Ohio, Kansas, Tennessee, Maryland, and South Carolina. Its service portfolio consists of high-speed internet, data, voice, cloud, and cable television services. The company operates in one business segment that is Broadband Services. The majority of the revenue is generated from the subscription service revenue received.
Executives
Henry Hryckiewicz officer: Chief Technology Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Gunjan Bhow director 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Don Schena officer: Chief Customer Exper. Officer C/O WIDEOPENWEST, INC., 7887 E. BELLEVIEW AVE., SUITE 1000, ENGLEWOOD CO 80111
Donald Craig Martin officer: General Counsel and Secretary C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, ENGLEWOOD CO 80111
David Brunick officer: Chief Human Resources Officer 5619 DTC PARKWAY, GREENWOOD VILLAGE FL 80111
Teresa L Elder director, officer: Chief Executive Officer 4400 CARILLON POINT, KIRKLAND WA 98033
Northwestern Mutual Life Insurance Co 10 percent owner 720 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
John S Rego officer: Chief Financial Officer TREMOR VIDEO, INC., 1501 BROADWAY, 8TH FLOOR, NEW YORK NY 10036
Shannon Campain officer: Chief Commercial Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Barry S Volpert director, 10 percent owner
Crestview Partners Iii Gp, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Fish Richard Edward Jr officer: Chief Financial Officer C/O ITC DELTACOM, INC., 7037 OLD MADISON PIKE, HUNTSVILLE AL 35806
Bill Case officer: Chief Information Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Matthew John Bell officer: Chief Technology Officer C/O WIDEOPENWEST, INC., 7887 E. BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Thomas Patrick Mcmillin director C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111