e.l.f. Beauty (e.l.f. Beauty) Gross Margin % : 70.85% (As of Dec. 2023)

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What is e.l.f. Beauty Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. e.l.f. Beauty's Gross Profit for the three months ended in Dec. 2023 was $192.0 Mil. e.l.f. Beauty's Revenue for the three months ended in Dec. 2023 was $270.9 Mil. Therefore, e.l.f. Beauty's Gross Margin % for the quarter that ended in Dec. 2023 was 70.85%.

The historical rank and industry rank for e.l.f. Beauty's Gross Margin % or its related term are showing as below:

ELF' s Gross Margin % Range Over the Past 10 Years
Min: 52.41 Med: 62.53 Max: 70.33
Current: 70.33

During the past 10 years, the highest Gross Margin % of e.l.f. Beauty was 70.33%. The lowest was 52.41%. And the median was 62.53%.

ELF's Gross Margin % is ranked better than
94.63% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.085 vs ELF: 70.33

e.l.f. Beauty had a gross margin of 70.85% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for e.l.f. Beauty was 0.00% per year.

e.l.f. Beauty Gross Margin % Historical Data

The historical data trend for e.l.f. Beauty'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.

e.l.f. Beauty Gross Margin % Chart

e.l.f. Beauty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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64.03

64.82

64.19

67.44

e.l.f. Beauty 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															67.37	68.92	70.52	70.70	70.85

Competitive Comparison of e.l.f. Beauty's Gross Margin %

For the Household & Personal Products subindustry, e.l.f. Beauty'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.

e.l.f. Beauty's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, e.l.f. Beauty's Gross Margin % distribution charts can be found below:

* The bar in red indicates where e.l.f. Beauty's Gross Margin % falls into.

e.l.f. Beauty Gross Margin % Calculation

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

e.l.f. Beauty's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	390.4	/	578.844
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(578.844 - 188.448)	/	578.844
	=	67.44 %

e.l.f. Beauty'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 )
	=	192	/	270.943
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(270.943 - 78.986)	/	270.943
	=	70.85 %

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.

e.l.f. Beauty (NYSE:ELF) 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

e.l.f. Beauty had a gross margin of 70.85% 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.

e.l.f. Beauty Gross Margin % Related Terms

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

e.l.f. Beauty (e.l.f. Beauty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » e.l.f. Beauty Inc (NYSE:ELF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

0EF:Germany 0EF:Germany

Address

570 10th Street, Oakland, CA, USA, 94607

Website

https://www.elfcosmetics.com

e.l.f. Beauty Inc is a cosmetic company based in the United States. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare brands. It carries out the sales within the US and internationally, out of which maximum revenue is generated from the US.

Executives

Joshua Allen Franks	officer: SVP, Operations	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Scott Milsten	officer: See remarks	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Tarang Amin	director, 10 percent owner, officer: See remarks	C/O SCHIFF NUTRITION INTERNATIONAL, INC., 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104
Richard G Wolford	director
Levitan Lauren Cooks	director	570 10TH STREET, OAKLAND CA 94607
Maureen C. Watson	director	570 10TH STREET, OAKLAND CA 94607
Beth M Pritchard	director	BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Jennifer Catherine Hartnett	officer: Chief Commercial Officer	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Tiffany F. Daniele	director	C/O USHG ACQUISITION CORP., 853 BROADWAY, 17TH FLOOR, NEW YORK NY 10003
Mandy J Fields	officer: See Remarks	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Kory Marchisotto	officer: See Remarks	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Gayle Tait	director	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, 3RD FLOOR, OAKLAND CA 94607
Baruch Richard F Jr	officer: See remarks	SCHIFF NUTRITION INTERNATIONAL INC, 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104-4726
Sabrina Simmons	director	GAP INC., 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Kenneth Jr Mitchell	director	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607