Vitru (VTRU) Gross Margin % : 65.59% (As of Dec. 2023)

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What is Vitru Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vitru's Gross Profit for the three months ended in Dec. 2023 was $68.1 Mil. Vitru's Revenue for the three months ended in Dec. 2023 was $103.8 Mil. Therefore, Vitru's Gross Margin % for the quarter that ended in Dec. 2023 was 65.59%.

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

VTRU' s Gross Margin % Range Over the Past 10 Years
Min: 51.97 Med: 59.59 Max: 65.89
Current: 65.89

During the past 7 years, the highest Gross Margin % of Vitru was 65.89%. The lowest was 51.97%. And the median was 59.59%.

VTRU's Gross Margin % is ranked better than
78.14% of 247 companies
in the Education industry
Industry Median: 47.88 vs VTRU: 65.89

Vitru had a gross margin of 65.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vitru was 4.90% per year.

Vitru Gross Margin % Historical Data

The historical data trend for Vitru'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.

Vitru Gross Margin % Chart

Vitru Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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54.12

57.35

61.83

61.87

65.89

Vitru Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															65.08	65.95	66.33	65.66	65.59

Competitive Comparison of Vitru's Gross Margin %

For the Education & Training Services subindustry, Vitru'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.

Vitru's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Vitru's Gross Margin % distribution charts can be found below:

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

Vitru Gross Margin % Calculation

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

Vitru'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 )
	=	263.9	/	400.532
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(400.532 - 136.634)	/	400.532
	=	65.89 %

Vitru'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 )
	=	68.1	/	103.846
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(103.846 - 35.732)	/	103.846
	=	65.59 %

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.

Vitru (NAS:VTRU) 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

Vitru had a gross margin of 65.59% 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.

Vitru Gross Margin % Related Terms

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Vitru (VTRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Vitru Ltd (NAS:VTRU) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5500, Torre Jurere A, 2nd floor, Saco Grande, Rodovia Jose Carlos Daux, Florianopolis, SC, BRA, 88032-005

Website

https://www.vitru.com.br

Vitru Ltd is a digital education provider in Brazil. It provides post-secondary distance learning programs. The company provides a complete pedagogical ecosystem focused on hybrid digital education experience for undergraduates and continuing education. The programs are provided in multiple formats namely, videos, eBook, podcasts and html text, among others. The segments of the company are digital education undergraduate courses, on-campus undergraduate and continuing education courses.