GURUFOCUS.COM » STOCK LIST » Technology » Software » Citrix Systems Inc (NAS:CTXS) » Definitions » Gross Margin %

Citrix Systems (Citrix Systems) Gross Margin % : 81.86% (As of Jun. 2022)


View and export this data going back to 1995. Start your Free Trial

What is Citrix Systems Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Citrix Systems's Gross Profit for the three months ended in Jun. 2022 was $704 Mil. Citrix Systems's Revenue for the three months ended in Jun. 2022 was $860 Mil. Therefore, Citrix Systems's Gross Margin % for the quarter that ended in Jun. 2022 was 81.86%.


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


CTXS's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.685
* Ranked among companies with meaningful Gross Margin % only.

Citrix Systems had a gross margin of 81.86% for the quarter that ended in Jun. 2022 => Durable competitive advantage

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


Citrix Systems Gross Margin % Historical Data

The historical data trend for Citrix Systems'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.

Citrix Systems Gross Margin % Chart

Citrix Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.44 85.41 84.59 84.60 80.57

Citrix Systems Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 80.14 81.14 79.61 82.81 81.86

Competitive Comparison of Citrix Systems's Gross Margin %

For the Software - Application subindustry, Citrix Systems'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.


Citrix Systems's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Citrix Systems's Gross Margin % distribution charts can be found below:

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



Citrix Systems Gross Margin % Calculation

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

Citrix Systems's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=2592.1 / 3217.17
=(Revenue - Cost of Goods Sold) / Revenue
=(3217.17 - 625.077) / 3217.17
=80.57 %

Citrix Systems's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=703.6 / 859.522
=(Revenue - Cost of Goods Sold) / Revenue
=(859.522 - 155.922) / 859.522
=81.86 %

* 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.


Citrix Systems  (NAS:CTXS) 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

Citrix Systems had a gross margin of 81.86% for the quarter that ended in Jun. 2022 => 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.


Citrix Systems Gross Margin % Related Terms

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


Citrix Systems (Citrix Systems) Business Description

Traded in Other Exchanges
N/A
Address
851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.
Executives
Jason Alexander Smith officer: EVP & Chief Financial Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Michael Arenth officer: EVP, SaaS Strategy C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
David J Henshall officer: Senior Vice President and CFO 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Sridhar Mullapudi officer: EVP, Product Management C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Arlen Shenkman officer: EVP & CFO C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Mark J Ferrer officer: EVP, Chief Revenue Officer 45025 AVIATION DR, STE 300, DULLES VA 20166
Mark J. Schmitz officer: EVP & Chief Operating Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Timothy A. Minahan officer: CMO 13960 HAYSTACK LANE, MILTON GA 30004
Hector Lima officer: EVP, Customer Experience C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Antonio G. Gomes officer: SVP & General Counsel 345 HARVARD STREET, UNIT 2AB, CAMBRIDGE MA 02138
Paul J. Hough officer: SVP & Chief Product Officer 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Jessica Soisson officer: VP & Corporate Controller 9836 EQUUS CIRCLE, BOYNTON BEACH FL 33472
W. Joseph Kim officer: EVP & Chief Technology Officer 7171, AUSTIN TX 78735-6140
Donna Nappen Kimmel officer: SVP & Chief People Officer 529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304