The Duckhorn Portfolio (The Duckhorn Portfolio) Gross Margin % : 56.59% (As of Jan. 2024)

View and export this data going back to 2021. Start your Free Trial

What is The Duckhorn Portfolio Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. The Duckhorn Portfolio's Gross Profit for the three months ended in Jan. 2024 was $58.3 Mil. The Duckhorn Portfolio's Revenue for the three months ended in Jan. 2024 was $103.0 Mil. Therefore, The Duckhorn Portfolio's Gross Margin % for the quarter that ended in Jan. 2024 was 56.59%.

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

NAPA' s Gross Margin % Range Over the Past 10 Years
Min: 46.85 Med: 49.72 Max: 54.92
Current: 54.92

During the past 5 years, the highest Gross Margin % of The Duckhorn Portfolio was 54.92%. The lowest was 46.85%. And the median was 49.72%.

NAPA's Gross Margin % is ranked better than
76.92% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 39.27 vs NAPA: 54.92

The Duckhorn Portfolio had a gross margin of 56.59% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for The Duckhorn Portfolio was 0.00% per year.

The Duckhorn Portfolio Gross Margin % Historical Data

The historical data trend for The Duckhorn Portfolio'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.

The Duckhorn Portfolio Gross Margin % Chart

The Duckhorn Portfolio Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

Gross Margin %

46.85

50.58

49.72

49.71

53.52

The Duckhorn Portfolio Quarterly Data
	Jul19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross Margin %	Get a 7-Day Free Trial													53.33	55.36	55.23	52.53	56.59

Competitive Comparison of The Duckhorn Portfolio's Gross Margin %

For the Beverages - Wineries & Distilleries subindustry, The Duckhorn Portfolio'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.

The Duckhorn Portfolio's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, The Duckhorn Portfolio's Gross Margin % distribution charts can be found below:

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

The Duckhorn Portfolio Gross Margin % Calculation

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

The Duckhorn Portfolio's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Gross Margin % (A: Jul. 2023 )	=	Gross Profit (A: Jul. 2023 )	/	Revenue (A: Jul. 2023 )
	=	215.7	/	402.996
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(402.996 - 187.307)	/	402.996
	=	53.52 %

The Duckhorn Portfolio's Gross Margin for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )	=	Gross Profit (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	58.3	/	103.045
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(103.045 - 44.727)	/	103.045
	=	56.59 %

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.

The Duckhorn Portfolio (NYSE:NAPA) 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

The Duckhorn Portfolio had a gross margin of 56.59% for the quarter that ended in Jan. 2024 => 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.

The Duckhorn Portfolio Gross Margin % Related Terms

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

The Duckhorn Portfolio (The Duckhorn Portfolio) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Duckhorn Portfolio Inc (NYSE:NAPA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

8B3:Germany

Address

1201 Dowdell Lane, Saint Helena, CA, USA, 94574

Website

https://www.duckhornportfolio.com

The Duckhorn Portfolio Inc produces luxury and ultra-luxury wine across a portfolio of winery brands, including Duckhorn Vineyards, Paraduxx, Goldeneye, Migration, Decoy, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. Its revenue is comprised of wholesale and direct-to-consumer sales. Wholesale revenue is generated through sales directly to California retailers and restaurants, sales to distributors and agents located in other states throughout the United States, and sales to export distributors that sell internationally.

Executives

Sullivan Sean B.a.	officer: See Remarks	1201 DOWDELL LANE, SAINT HELENA CA 94574
Pete Przybylinski	officer: Chief Sales Officer	1201 DOWDELL LANE, SAINT HELENA CA 94574
Zach Rasmuson	officer: Chief Operating Officer	1201 DOWDELL LANE, SAINT HELENA CA 94574
Deirdre Mahlan	director	1201 DOWDELL LANE, SAINT HELENA CA 94574
Jung Jennifer Fall	officer: See Remarks	C/O FUNKO, INC., WETMORE AVENUE, EVERETT WA 98201
Mallard Holdco, Llc	10 percent owner	C/O TSG CONSUMER PARTNERS LP, 1100 LARKSPUR LANDING CIRCLE, SUITE 360, LARKSPUR CA 94939
Lori Beaudoin	officer: Chief Financial Officer	1201 DOWDELL LANE, SAINT HELENA CA 94574
Adriel G Lares	director	C/O FASTLY, INC., 475 BRANNAN STREET, SUITE 300, SAN FRANCISCO CA 94107
Alex Ryan	director, officer: See Remarks	1201 DOWDELL LANE, SAINT HELENA CA 94574
Gayle Bartscherer	officer: See Remarks	C/O DUCKHORN PORTFOLIO, INC., 1201 DOWDELL AVENUE, SAINT HELENA CA 94574
Carol Reber	officer: See Remarks	1201 DOWDELL LANE, SAINT HELENA CA 94574
Michelle J. Gloeckler	director	C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Charles Esserman	director	26 FOX RUN ROAD, NEWINGTON NH 03801
Melanie Cox	director	C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Daniel Costello	director	1201 DOWDELL LANE, SAINT HELENA CA 94574