PLBY Group (PLBY Group) Gross Margin % : 65.84% (As of Dec. 2023)

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What is PLBY Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PLBY Group's Gross Profit for the three months ended in Dec. 2023 was $25.9 Mil. PLBY Group's Revenue for the three months ended in Dec. 2023 was $39.4 Mil. Therefore, PLBY Group's Gross Margin % for the quarter that ended in Dec. 2023 was 65.84%.

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

PLBY' s Gross Margin % Range Over the Past 10 Years
Min: 49.63 Med: 53.97 Max: 61.68
Current: 60.33

During the past 4 years, the highest Gross Margin % of PLBY Group was 61.68%. The lowest was 49.63%. And the median was 53.97%.

PLBY's Gross Margin % is ranked better than
70.37% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.24 vs PLBY: 60.33

PLBY Group had a gross margin of 65.84% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

PLBY Group Gross Margin % Historical Data

The historical data trend for PLBY 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.

PLBY Group Gross Margin % Chart

PLBY Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

49.63

52.65

55.29

61.68

PLBY Group Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial									55.20	41.40	72.48	70.27	65.84

Competitive Comparison of PLBY Group's Gross Margin %

For the Leisure subindustry, PLBY 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.

PLBY Group's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PLBY Group's Gross Margin % distribution charts can be found below:

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

PLBY Group Gross Margin % Calculation

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

PLBY Group'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 )
	=	88.2	/	142.95
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(142.95 - 54.777)	/	142.95
	=	61.68 %

PLBY 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 )
	=	25.9	/	39.364
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(39.364 - 13.447)	/	39.364
	=	65.84 %

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.

PLBY Group (NAS:PLBY) 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

PLBY Group had a gross margin of 65.84% 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.

PLBY Group Gross Margin % Related Terms

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PLBY Group (PLBY Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » PLBY Group Inc (NAS:PLBY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10960 Wilshire Boulevard, Suite 2200, Los Angeles, CA, USA, 90024

Website

https://www.plbygroup.com

PLBY Group, Inc. ("PLBY Group") connects consumers around the world with products, services, and experiences to help them look good, feel good, and have fun. PLBY Group serves consumers in four major categories: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming PLBY Group's flagship consumer brand, Playboy, is one of the most recognizable, iconic brands in the world, driving more than $3 billion in global consumer spend annually across 180 countries.

Executives

Kohn Bernhard L Iii	director, officer: CEO and President	C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Florus Beuting	officer: Chief Accounting Officer	C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Christopher Riley	officer: General Counsel & Secretary	8800 WEST SUNSET BOULEVARD, WEST HOLLYWOOD CA 90069
Lance Barton	officer: Chief Financial Officer	10960 WILSHIRE BLVD., SUITE 2200, LOS ANGELES CA 90024
Marc Crossman	officer: CFO & COO	162 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Suhail Rizvi	director, 10 percent owner	575 MADISON AVE, 7TH FLOOR, NEW YORK NY 10022
John Giampetroni	10 percent owner	260 EAST BROWN STREET, SUITE 380, BIRMINGHAM MI 48009
Juliana F Hill	director
Tracey E Edmonds	director	C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Rizvi Opportunistic Equity Fund Ii, L.p.	10 percent owner	260 EAST BROWN STREET, SUITE 380, BIRMINGHAM MI 48009
Rizvi Traverse Gp Ii, Llc	10 percent owner	801 NORTHPOINT PARKWAY, SUITE 129, WEST PALM BEACH FL 33407
Drawbridge Special Opportunities Fund Lp	10 percent owner	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fig Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105