Olaplex Holdings (Olaplex Holdings) Gross Margin % : 72.13% (As of Mar. 2024)

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What is Olaplex Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Olaplex Holdings's Gross Profit for the three months ended in Mar. 2024 was $71.3 Mil. Olaplex Holdings's Revenue for the three months ended in Mar. 2024 was $98.9 Mil. Therefore, Olaplex Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 72.13%.

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

OLPX' s Gross Margin % Range Over the Past 10 Years
Min: 63.63 Med: 73.77 Max: 79.19
Current: 69.72

During the past 5 years, the highest Gross Margin % of Olaplex Holdings was 79.19%. The lowest was 63.63%. And the median was 73.77%.

OLPX's Gross Margin % is ranked better than
93.97% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.61 vs OLPX: 69.72

Olaplex Holdings had a gross margin of 72.13% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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

Olaplex Holdings Gross Margin % Historical Data

The historical data trend for Olaplex Holdings'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.

Olaplex Holdings Gross Margin % Chart

Olaplex Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

78.97

63.63

79.19

73.77

69.52

Olaplex Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial												71.02	70.94	67.62	68.73	72.13

Competitive Comparison of Olaplex Holdings's Gross Margin %

For the Specialty Retail subindustry, Olaplex Holdings'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.

Olaplex Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

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

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

Olaplex Holdings Gross Margin % Calculation

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

Olaplex Holdings'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 )
	=	318.6	/	458.3
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(458.3 - 139.668)	/	458.3
	=	69.52 %

Olaplex Holdings's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	71.3	/	98.906
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(98.906 - 27.563)	/	98.906
	=	72.13 %

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.

Olaplex Holdings (NAS:OLPX) 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

Olaplex Holdings had a gross margin of 72.13% for the quarter that ended in Mar. 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.

Olaplex Holdings Gross Margin % Related Terms

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Olaplex Holdings (Olaplex Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Olaplex Holdings Inc (NAS:OLPX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1187 Coast Village Road, Suite 1-520, Santa Barbara, CA, USA, 93108

Website

https://www.olaplex.com

Olaplex Holdings Inc is a science-enabled, technology-driven beauty company. It offers science-backed solutions that improve hair health. It identifies consumers' most relevant haircare concerns in collaboration with the community of professional hairstylists and consumers and strives to address them through its proprietary technology and innovation capabilities. It offers products through a global omnichannel platform serving the professional, specialty retail, and DTC channels. The company derives its revenue through the sale of its specialty hair care products.

Executives

John P Bilbrey	director
Advent International Gp, Llc	director, 10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
David M Mussafer	director	C/O ADVENT INTERNATIONAL CORP, 75 STATE ST 29TH FLOOR, BOSTON MA 02104
Tricia Glynn	director	C/O ADVENT INERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Michael James White	director	C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Eric Tiziani	officer: Chief Financial Officer	1187 COAST VILLAGE ROAD, SUITE 1-520, SANTA BARBARA CA 93108
Kristi A Belhumeur	officer: See Remarks	6312 S FIDDLERS GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Morfitt Martha A M	director	P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Advent International Corp/ma	director, 10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Ix-b Cayman Limited Partnership	director, 10 percent owner	C/O ADVENT INTERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199-8069
Emily White	director	C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Christine Dagousset	director	9 W 57TH STREET, C/O CHANEL, NEW YORK NY 10019
Tiffany Walden	director, officer: See Remarks	1187 COAST VILLAGE ROAD, SUITE 1-520, SANTA BARBARA CA 93108
Paula Zusi	director	481 MYRTLE AVENUE, OCEANPORT NJ 07757
Janet Gurwitch	director	1284 NORTH TELEGRPAH, MONROE MI 48162