Aristocrat Leisure (ASX:ALL) Gross Margin % : 57.74% (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Aristocrat Leisure Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aristocrat Leisure's Gross Profit for the six months ended in Sep. 2023 was A$1,857 Mil. Aristocrat Leisure's Revenue for the six months ended in Sep. 2023 was A$3,215 Mil. Therefore, Aristocrat Leisure's Gross Margin % for the quarter that ended in Sep. 2023 was 57.74%.

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

ASX:ALL' s Gross Margin % Range Over the Past 10 Years
Min: 47.27 Med: 55.41 Max: 60.57
Current: 56.38

During the past 13 years, the highest Gross Margin % of Aristocrat Leisure was 60.57%. The lowest was 47.27%. And the median was 55.41%.

ASX:ALL's Gross Margin % is ranked better than
66.93% of 765 companies
in the Travel & Leisure industry
Industry Median: 43.22 vs ASX:ALL: 56.38

Aristocrat Leisure had a gross margin of 57.74% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aristocrat Leisure was 0.50% per year.

Aristocrat Leisure Gross Margin % Historical Data

The historical data trend for Aristocrat Leisure'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.

Aristocrat Leisure Gross Margin % Chart

Aristocrat Leisure Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross Margin %

Get a 7-Day Free Trial

55.18

47.27

51.94

55.26

56.37

Aristocrat Leisure Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial															52.93	55.59	54.93	54.95	57.74

Competitive Comparison of Aristocrat Leisure's Gross Margin %

For the Gambling subindustry, Aristocrat Leisure'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.

Aristocrat Leisure's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Aristocrat Leisure's Gross Margin % distribution charts can be found below:

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

Aristocrat Leisure Gross Margin % Calculation

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

Aristocrat Leisure's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )	=	Gross Profit (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	3549.2	/	6295.7
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6295.7 - 2746.5)	/	6295.7
	=	56.37 %

Aristocrat Leisure's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1856.5	/	3215.3
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3215.3 - 1358.8)	/	3215.3
	=	57.74 %

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.

Aristocrat Leisure (ASX:ALL) 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

Aristocrat Leisure had a gross margin of 57.74% for the quarter that ended in Sep. 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.

Aristocrat Leisure Gross Margin % Related Terms

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

Aristocrat Leisure (ASX:ALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aristocrat Leisure Ltd (ASX:ALL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

ARLUF:USA AC8:Germany

Address

85 Epping Road, Building A, Pinnacle Office Park, North Ryde, Sydney, NSW, AUS, 2113

Website

https://www.aristocrat.com

Aristocrat Leisure is an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in all Australian states and territories, North American jurisdictions, and essentially every major country. Aristocrat is one of the top three largest players in the space along with International Game Technology and Scientific Games. Through acquisitions of Plarium and more recently Big Fish, Aristocrat now derives a significant proportion of earnings from the faster growing mobile gaming business.