Sony Group (Sony Group) Gross Margin %

: 26.98% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Sony Group's Gross Profit for the three months ended in Dec. 2023 was $7,022 Mil. Sony Group's Revenue for the three months ended in Dec. 2023 was $26,028 Mil. Therefore, Sony Group's Gross Margin % for the quarter that ended in Dec. 2023 was 26.98%.

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

SONY' s Gross Margin % Range Over the Past 10 Years
Min: 23.32 Med: 27.05 Max: 28.27
Current: 23.57

During the past 13 years, the highest Gross Margin % of Sony Group was 28.27%. The lowest was 23.32%. And the median was 27.05%.

SONY's Gross Margin % is ranked worse than
52.01% of 2438 companies
in the Hardware industry
Industry Median: 24.405 vs SONY: 23.57

Sony Group had a gross margin of 26.98% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sony Group was -0.20% per year.

Sony Group Gross Margin % Historical Data

The historical data trend for Sony Group'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.

Sony Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

27.72

28.27

27.02

27.23

27.22

Sony Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %																30.60	16.57	24.11	27.41	26.98

Competitive Comparison

For the Consumer Electronics subindustry, Sony Group'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.

Sony Group Gross Margin % Distribution

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

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

Sony Group Gross Margin % Calculation

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

Sony Group's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	23498.5	/	86334.474
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(86334.474 - 62836.008)	/	86334.474
	=	27.22 %

Sony Group'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 )
	=	7022	/	26027.837
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(26027.837 - 19005.838)	/	26027.837
	=	26.98 %

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.

Sony Group (NYSE:SONY) 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

Sony Group had a gross margin of 26.98% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Sony Group Gross Margin % Related Terms

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Sony Group (Sony Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (NYSE:SONY) » Definitions » Gross Margin %

Traded in Other Exchanges

SNEJF:USA SONY:Mexico 6758:Japan SON1:Germany SNEC34:Brazil SON1:Austria

Address

7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.sony.com

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.