Tupperware Brands (Tupperware Brands) Gross Margin %

: 63.56% (As of Sep. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Tupperware Brands's Gross Profit for the three months ended in Sep. 2023 was $165 Mil. Tupperware Brands's Revenue for the three months ended in Sep. 2023 was $260 Mil. Therefore, Tupperware Brands's Gross Margin % for the quarter that ended in Sep. 2023 was 63.56%.

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

TUP' s Gross Margin % Range Over the Past 10 Years
Min: 62.12 Med: 66.64 Max: 67.81
Current: 62.12

During the past 13 years, the highest Gross Margin % of Tupperware Brands was 67.81%. The lowest was 62.12%. And the median was 66.64%.

TUP's Gross Margin % is ranked better than
98.1% of 369 companies
in the Packaging & Containers industry
Industry Median: 21.6 vs TUP: 62.12

Tupperware Brands had a gross margin of 63.56% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tupperware Brands was -0.60% per year.

Tupperware Brands Gross Margin % Historical Data

The historical data trend for Tupperware Brands'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.

Tupperware Brands Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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66.56

66.28

67.81

66.58

63.96

Tupperware Brands Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															64.62	63.07	59.71	62.21	63.56

Competitive Comparison

For the Packaging & Containers subindustry, Tupperware Brands'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.

Tupperware Brands Gross Margin % Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Tupperware Brands's Gross Margin % distribution charts can be found below:

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

Tupperware Brands Gross Margin % Calculation

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

Tupperware Brands's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	834.1	/	1304
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1304 - 469.9)	/	1304
	=	63.96 %

Tupperware Brands's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	165	/	259.6
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(259.6 - 94.6)	/	259.6
	=	63.56 %

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.

Tupperware Brands (NYSE:TUP) 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

Tupperware Brands had a gross margin of 63.56% for the quarter that ended in Sep. 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.

Tupperware Brands Gross Margin % Related Terms

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Tupperware Brands (Tupperware Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Tupperware Brands Corp (NYSE:TUP) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

TUP:Germany

Address

14901 South Orange Blossom Trail, Orlando, FL, USA, 32837

Website

https://www.tupperwarebrands.com

Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and sale of design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. The company primarily uses a direct selling business model to distribute and market products, while continuing to expand digital platforms and business-to-business distribution channels. The company operates its business under four reportable segments in four broad geographic regions namely the Asia Pacific, Europe (Europe, Africa and the Middle East), North America, and South America.

Executives

Lori H Bush	director	NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601
Laurie Ann Goldman	officer: President and CEO	3344 PEACHTREE ROAD, SUITE 1700, ATLANTA GA 30326
William L Transier	director	3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Paul Keglevic	director	STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Paul Aronzon	director	13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Brian J Fox	officer: Chief Restructuring Officer	C/O XERIUM TECHNOLOGIES, INC., 8537 SIX FORKS ROAD, SUITE 300, RALEIGH NC 27615
Richard Goudis	director, officer: Executive Vice Chairman	C/O HERBALIFE INTERNATIONAL, INC., 1800 CENTURY PARK EAST, LOS ANGELES CA 90067
Fernandez Calero Miguel Angel	director, officer: Chief Executive Officer	800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Mark S Burgess	director	C/O GRAHAM PACKAGING HOLDINGS COMPANY, 2410 PLEASANT VALLEY ROAD, YORK PA 17402
Ingen Jim Van	officer: EVP Supply Chain	C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Christopher D Oleary	director	ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
James H Fordyce	director
Pamela Jones Harbour	director	C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Tim Minges	director	C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Hector Lezama	officer: Pres., Comm. Bus. Expansion	C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837