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JD Sports Fashion (LSE:JD.) Gross Margin % : 48.02% (As of Jul. 2023)


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What is JD Sports Fashion Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JD Sports Fashion's Gross Profit for the six months ended in Jul. 2023 was £2,297 Mil. JD Sports Fashion's Revenue for the six months ended in Jul. 2023 was £4,784 Mil. Therefore, JD Sports Fashion's Gross Margin % for the quarter that ended in Jul. 2023 was 48.02%.


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

LSE:JD.' s Gross Margin % Range Over the Past 10 Years
Min: 47.04   Med: 48.5   Max: 49.14
Current: 47.62


During the past 13 years, the highest Gross Margin % of JD Sports Fashion was 49.14%. The lowest was 47.04%. And the median was 48.50%.

LSE:JD.'s Gross Margin % is ranked better than
69.22% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.61 vs LSE:JD.: 47.62

JD Sports Fashion had a gross margin of 48.02% for the quarter that ended in Jul. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JD Sports Fashion was 0.20% per year.


JD Sports Fashion Gross Margin % Historical Data

The historical data trend for JD Sports Fashion'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.

JD Sports Fashion Gross Margin % Chart

JD Sports Fashion Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.55 47.04 48.02 49.14 47.80

JD Sports Fashion Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
Gross Margin % Get a 7-Day Free Trial 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 48.52 49.66 48.45 47.30 48.02

Competitive Comparison of JD Sports Fashion's Gross Margin %

For the Apparel Retail subindustry, JD Sports Fashion'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.


JD Sports Fashion's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JD Sports Fashion's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JD Sports Fashion's Gross Margin % falls into.



JD Sports Fashion Gross Margin % Calculation

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

JD Sports Fashion's Gross Margin for the fiscal year that ended in Jan. 2023 is calculated as

Gross Margin % (A: Jan. 2023 )=Gross Profit (A: Jan. 2023 ) / Revenue (A: Jan. 2023 )
=4839.7 / 10125
=(Revenue - Cost of Goods Sold) / Revenue
=(10125 - 5285.3) / 10125
=47.80 %

JD Sports Fashion's Gross Margin for the quarter that ended in Jul. 2023 is calculated as


Gross Margin % (Q: Jul. 2023 )=Gross Profit (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=2297 / 4783.9
=(Revenue - Cost of Goods Sold) / Revenue
=(4783.9 - 2486.9) / 4783.9
=48.02 %

* 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.


JD Sports Fashion  (LSE:JD.) 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

JD Sports Fashion had a gross margin of 48.02% for the quarter that ended in Jul. 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.


JD Sports Fashion Gross Margin % Related Terms

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


JD Sports Fashion (LSE:JD.) Business Description

Traded in Other Exchanges
Address
Hollinsbrook Way, Pilsworth, Bury, Lancashire, GBR, BL9 8RR
JD Sports Fashion PLC is a U.K. retailer of branded sportswear and fashionwear. The company has stores in the United Kingdom, mainland Europe, and outside Europe. The offering includes international brands, such as Adidas, Nike and The North Face, and own-brand labels, such as McKenzie, Carbrini, Supply & Demand and The Duffer of St George. The store network consists of various shops: Size?, Footpatrol, Chausport, Sprinter, Scotts, Tessuti, Cloggs, Mainline, and Ultimate Outdoors, among others. Stores are specialized: Footpatrol is a sneaker provider; Size? offers footwear, apparel, and accessories; and Chausport operates throughout France selling international footwear brands, such as Nike.

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