GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CommScope Holding Co Inc (NAS:COMM) » Definitions » Gross Margin %

CommScope Holding Co (CommScope Holding Co) Gross Margin % : 108.67% (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is CommScope Holding Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CommScope Holding Co's Gross Profit for the three months ended in Dec. 2023 was $293 Mil. CommScope Holding Co's Revenue for the three months ended in Dec. 2023 was $270 Mil. Therefore, CommScope Holding Co's Gross Margin % for the quarter that ended in Dec. 2023 was 108.67%.


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

COMM' s Gross Margin % Range Over the Past 10 Years
Min: 28.81   Med: 35.98   Max: 41.21
Current: 37.11


During the past 13 years, the highest Gross Margin % of CommScope Holding Co was 41.21%. The lowest was 28.81%. And the median was 35.98%.

COMM's Gross Margin % is ranked better than
73.39% of 2439 companies
in the Hardware industry
Industry Median: 24.41 vs COMM: 37.11

CommScope Holding Co had a gross margin of 108.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CommScope Holding Co was 2.40% per year.


CommScope Holding Co Gross Margin % Historical Data

The historical data trend for CommScope Holding Co'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.

CommScope Holding Co Gross Margin % Chart

CommScope Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.81 32.57 36.21 34.47 37.11

CommScope Holding Co Quarterly Data
Mar19 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 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 87.58 34.56 32.17 34.15 108.67

Competitive Comparison of CommScope Holding Co's Gross Margin %

For the Communication Equipment subindustry, CommScope Holding Co'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.


CommScope Holding Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CommScope Holding Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CommScope Holding Co's Gross Margin % falls into.



CommScope Holding Co Gross Margin % Calculation

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

CommScope Holding Co'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 )
=2148.3 / 5789.2
=(Revenue - Cost of Goods Sold) / Revenue
=(5789.2 - 3640.9) / 5789.2
=37.11 %

CommScope Holding Co'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 )
=293.2 / 269.8
=(Revenue - Cost of Goods Sold) / Revenue
=(269.8 - -23.4) / 269.8
=108.67 %

* 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.


CommScope Holding Co  (NAS:COMM) 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

CommScope Holding Co had a gross margin of 108.67% 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.


CommScope Holding Co Gross Margin % Related Terms

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


CommScope Holding Co (CommScope Holding Co) Business Description

Traded in Other Exchanges
Address
1100 CommScope Place, South East, Hickory, NC, USA, 28602
CommScope Holding Co Inc is a provider of infrastructure solutions for communication, data center and entertainment networks. The company provides solutions for wired and wireless networks to enable service providers, including cable, telephone, data center and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. The company is into digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms and equipment that delivers data and voice networks to homes.
Executives
Linde Koen Ter officer: SVP & President, CCS COMMSCOPE HOLDING COMPANY, INC., 3642 US 70, CLAREMONT NC 28610
Watts Claudius E. Iv director THE CARLYLE GROUP, 101 S. TRYON STREET, 25TH FLOOR, CHARLOTTE NC 28280
Justin C Choi officer: SVP, Chief Legal Officer & Sec ANIXTER INTERNATIONAL INC., 2301 PATRIOT BLVD., GLENVIEW IL 60026
Kyle David Lorentzen officer: EVP & CFO 9968 GLASGOW COURT, DUBLIN OH 43017
Timothy T Yates director ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
Charles L. Treadway director, officer: President and CEO 8155 T&B BOULEVARD, MEMPHIS TN 38125
John R. Carlson officer: SVP & Chief Commercial Officer C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Bartolomeo Giordano officer: SVP & President, NICS 1100 COMMSCOPE PL SE, C/O COMMSCOPE HOLDING COMPANY, INC., HICKORY NC 28602
Joanne M Maguire director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Farid Firouzbakht officer: SVP & President, OWN 3790 VIA DE LA VALLE, SUITE 311, DEL MAR CA 92014
Laurie S. Oracion officer: SVP & CAO C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602
Frank M Drendel director, officer: Chairman of Board NEXTEL COMMUNICATIONS INC, 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Mindy Mackenzie director 510 LAKE COOK ROAD, DEERFIELD IL 60015
Markus R. Ogurek officer: SVP & President, NICS C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602
Guy Sucharczuk officer: SVP & President, ANS C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602