Soho House (Soho House) Gross Margin % : 49.60% (As of Dec. 2023)

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What is Soho House Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Soho House's Gross Profit for the three months ended in Dec. 2023 was $144 Mil. Soho House's Revenue for the three months ended in Dec. 2023 was $291 Mil. Therefore, Soho House's Gross Margin % for the quarter that ended in Dec. 2023 was 49.60%.

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

SHCO' s Gross Margin % Range Over the Past 10 Years
Min: 42.75 Med: 45.43 Max: 48.11
Current: 48.11

During the past 6 years, the highest Gross Margin % of Soho House was 48.11%. The lowest was 42.75%. And the median was 45.43%.

SHCO's Gross Margin % is ranked better than
56.86% of 765 companies
in the Travel & Leisure industry
Industry Median: 43.19 vs SHCO: 48.11

Soho House had a gross margin of 49.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Soho House was 1.40% per year.

Soho House Gross Margin % Historical Data

The historical data trend for Soho House'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.

Soho House Gross Margin % Chart

Soho House Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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42.75

42.76

44.90

46.01

48.11

Soho House Quarterly Data
	Dec18	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													46.73	43.59	47.27	51.33	49.60

Competitive Comparison of Soho House's Gross Margin %

For the Lodging subindustry, Soho House'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.

Soho House's Gross Margin % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Soho House's Gross Margin % falls into.

Soho House Gross Margin % Calculation

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

Soho House'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 )
	=	546.5	/	1135.879
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1135.879 - 589.357)	/	1135.879
	=	48.11 %

Soho House'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 )
	=	144.2	/	290.79
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(290.79 - 146.552)	/	290.79
	=	49.60 %

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.

Soho House (NYSE:SHCO) 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

Soho House had a gross margin of 49.60% 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.

Soho House Gross Margin % Related Terms

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Soho House (Soho House) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Soho House & Co Inc (NYSE:SHCO) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

75Z:Germany

Address

180 Strand, London, GBR, WC2R 1EA

Website

https://www.membershipcollectivegroup.com

Soho House & Co Inc is a membership platform of physical and digital spaces that connects a vibrant, diverse group of members from across the world. The members use the platform to work, socialize, connect, create and flourish all over the world. It offers lease agreement Houses, hotels, restaurants, studios, spas, and other properties.

Executives

Nick Jones	director, officer: Founder, other: See Remarks	515 W. 20TH STREET, NEW YORK NY 10011
Yusef Jackson	director	C/O YUCAIPA ACQUISITION CORPORATION, 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069
Thomas Glassbrooke Allen	officer: Chief Financial Officer	180 STRAND, LONDON X0 WC2R 1EA
Andrew Carnie	director, officer: Chief Executive Officer	515 W. 20TH STREET., NEW YORK NY 10011
Richard Caring	director, 10 percent owner, other: See Remarks	515 W. 20TH STREET, NEW YORK DC 10011
Mark Ein	director
Martin Kuczmarski	officer: Chief Operating Officer	515 W. 20TH STREET, NEW YORK NY 10011
Humera Afzal	officer: Chief Financial Officer	515 W. 20TH STREET, NEW YORK NY 10011
Ronald W Burkle	director, 10 percent owner, other: Exec. Chairman; See Remarks
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Broad Street Principal Investments, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Wsss Investments I, Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Wsss Investments U, Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Wsss Investments W, Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Wsss Investments X, Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282