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Sharecare (Sharecare) Gross Margin % : 43.64% (As of Dec. 2023)


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What is Sharecare Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sharecare's Gross Profit for the three months ended in Dec. 2023 was $45.9 Mil. Sharecare's Revenue for the three months ended in Dec. 2023 was $105.3 Mil. Therefore, Sharecare's Gross Margin % for the quarter that ended in Dec. 2023 was 43.64%.


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

SHCR' s Gross Margin % Range Over the Past 10 Years
Min: 42.83   Med: 47   Max: 51.06
Current: 42.83


During the past 5 years, the highest Gross Margin % of Sharecare was 51.06%. The lowest was 42.83%. And the median was 47.00%.

SHCR's Gross Margin % is ranked better than
52.22% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.4 vs SHCR: 42.83

Sharecare had a gross margin of 43.64% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Sharecare Gross Margin % Historical Data

The historical data trend for Sharecare'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.

Sharecare Gross Margin % Chart

Sharecare Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
47.00 51.06 50.77 46.14 42.83

Sharecare Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.58 41.62 42.96 43.20 43.64

Competitive Comparison of Sharecare's Gross Margin %

For the Health Information Services subindustry, Sharecare'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.


Sharecare's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sharecare's Gross Margin % distribution charts can be found below:

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



Sharecare Gross Margin % Calculation

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

Sharecare'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 )
=190.7 / 445.251
=(Revenue - Cost of Goods Sold) / Revenue
=(445.251 - 254.545) / 445.251
=42.83 %

Sharecare'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 )
=45.9 / 105.276
=(Revenue - Cost of Goods Sold) / Revenue
=(105.276 - 59.338) / 105.276
=43.64 %

* 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.


Sharecare  (NAS:SHCR) 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

Sharecare had a gross margin of 43.64% 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.


Sharecare Gross Margin % Related Terms

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


Sharecare (Sharecare) Business Description

Traded in Other Exchanges
Address
255 East Paces Ferry Road NE, Suite 700, Atlanta, GA, USA, 30305
Sharecare Inc is a digital healthcare platform company that helps members consolidate and manage various components of their health in one place, regardless of their health journey. Its platform offers an accessible, interactive, personalized, and rewarding environment that aims to transform user engagement with healthcare from episodic to every day. The platform provides a single destination for people, patients, and caregivers to access quality and clinically reviewed content; digitally connect with other patients, community members, and healthcare professionals; and adopt action plans provided by healthcare professionals from top institutions.
Executives
Brent D Layton director 7700 FORSYTH BOULEVARD, ST. LOUIS MO 63130
Michael Blalock officer: Chief Accounting Officer C/O SHARECARE, INC., 255 E. PACES FERRY RD. NE, SUITE 700, ATLANTA GA 30305
Carrie Ratliff officer: Chief Legal Officer C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
Jaffry Mohammed officer: Chief Operating Officer C/O SHARECARE, INC., 255 E. PACES FERRY RD. NE, SUITE 700, ATLANTA GA 30305
Jeffrey Sagansky director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Kenneth R Goulet director C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
Sandro Galea director C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
Veronica Mallett director C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
John Huston Chadwick director, other: Affiliate of 10% owner C/O CLARITAS CAPITAL, 30 BURTON HILLS BOULEVARD, SUITE 100, NASHVILLE TN 37215
Jeffrey A Allred director C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
Alan G. Mnuchin director 2121 AVENUE OF THE STARS, SUITE 2300, LOS ANGELES CA 90067
Jeffrey T Arnold director, 10 percent owner, officer: CEO and Chairman C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
Dawn Whaley officer: President, CMO C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
Justin Ferrero officer: President, CFO C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
Claritas Sc Bactes Partners, Llc other: Affiliate of 10% Owner 30 BURTON HILLS BOULEVARD, SUITE 100, NASHVILLE TN 37215