The Beauty Health Co (The Beauty Health Co) Gross Margin % : 47.19% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is The Beauty Health Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. The Beauty Health Co's Gross Profit for the three months ended in Dec. 2023 was $45.7 Mil. The Beauty Health Co's Revenue for the three months ended in Dec. 2023 was $96.8 Mil. Therefore, The Beauty Health Co's Gross Margin % for the quarter that ended in Dec. 2023 was 47.19%.

Warning Sign:

The Beauty Health Co gross margin has been in long-term decline. The average rate of decline per year is -6%.

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

SKIN' s Gross Margin % Range Over the Past 10 Years
Min: 38.97 Med: 64.45 Max: 68.65
Current: 38.97

During the past 6 years, the highest Gross Margin % of The Beauty Health Co was 68.65%. The lowest was 38.97%. And the median was 64.45%.

SKIN's Gross Margin % is ranked better than
76.37% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 24.96 vs SKIN: 38.97

The Beauty Health Co had a gross margin of 47.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for The Beauty Health Co was -6.00% per year.

The Beauty Health Co Gross Margin % Historical Data

The historical data trend for The Beauty Health Co'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.

The Beauty Health Co Gross Margin % Chart

The Beauty Health Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

63.92

56.43

68.65

68.00

38.97

The Beauty Health Co 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													67.76	62.71	57.78	-12.89	47.19

Competitive Comparison of The Beauty Health Co's Gross Margin %

For the Household & Personal Products subindustry, The Beauty Health Co'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.

The Beauty Health Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Beauty Health Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where The Beauty Health Co's Gross Margin % falls into.

The Beauty Health Co Gross Margin % Calculation

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

The Beauty Health Co'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 )
	=	155.1	/	397.991
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(397.991 - 242.878)	/	397.991
	=	38.97 %

The Beauty Health Co'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 )
	=	45.7	/	96.821
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(96.821 - 51.135)	/	96.821
	=	47.19 %

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.

The Beauty Health Co (NAS:SKIN) 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

The Beauty Health Co had a gross margin of 47.19% 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.

The Beauty Health Co Gross Margin % Related Terms

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

The Beauty Health Co (The Beauty Health Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Beauty Health Co (NAS:SKIN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

V7A0:Germany

Address

2165 Spring Street, Long Beach, CA, USA, 90806

Website

https://www.beautyhealth.com

The Beauty Health Co is a category-creating beauty health company focused on bringing innovative products to market. The company's flagship brand HydraFacial is a non-invasive, and approachable beauty health platform and ecosystem with a powerful community of estheticians, consumers and partners, bridging medical and consumer retail to democratize and personalize skin care solutions for the masses. Geographically, it derives a majority of revenue from the Americas.

Executives

Michael D Capellas	director	C/O MCI, 22001 LOUDOUN COUNTY PARKWAY, AXBURN VA 20147
Brian Christopher Miller	10 percent owner	1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Andrew Roy Stanleick	director, officer: Chief Executive Officer	C/O THE BEAUTY HEALTH COMPANY, 2165 SPRING STREET, LONG BEACH CA 90806
Michael P. Monahan	officer: Chief Financial Officer	9 PENARTH ROAD, BALA CYNWYD PA 19004
Brent L Saunders	director, officer: Executive Chairman	2000 GALLOPING HILL ROAD, C/O SCHERING PLOUGH CORP, KENILWORTH NJ 07033
Julius Few	director	1819 WEST BAY 2, MIAMI FL 33139
Doug K. Schillinger	director	1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Desiree Gruber	director	C/O DPCM CAPITAL, INC., 382 NE 191 STREET, #24148, MIAMI FL 33179
Marla Malcolm Beck	director	C/O THE CHILDREN'S PLACE, INC., 500 PLAZA DRIVE, SECAUCUS NJ 07094
Bradley Hauser	officer: Chief Operating Officer	C/O ZELTIQ AESTHETICS, INC., 4698 WILLOW ROAD, SUITE 100, PLEASANTON CA 94588
Stephan Becker	officer: President, EMEA	2165 SPRING STREET, LONG BEACH CA 90806
Indra Pamamull	officer: President, APAC	C/O THE BEAUTY HEALTH COMPANY, 2165 SPRING STREET, LONG BEACH CA 90806
Liyuan Woo	officer: Chief Financial Officer	400 VALLEY DRIVE, BRISBANE CA 94005
Watson Daniel Copell	officer: See Remarks	1819 WEST AVENUE, BAY 2, MIAMI BEACH FL 33139
Lcp Edge Holdco Llc	10 percent owner	150 NORTH RIVERSIDE PLAZA, SUITE 5100, CHICAGO IL 60606