Xponential Fitness (Xponential Fitness) Gross Margin % : 68.94% (As of Dec. 2023)

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What is Xponential Fitness Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Xponential Fitness's Gross Profit for the three months ended in Dec. 2023 was $62.2 Mil. Xponential Fitness's Revenue for the three months ended in Dec. 2023 was $90.2 Mil. Therefore, Xponential Fitness's Gross Margin % for the quarter that ended in Dec. 2023 was 68.94%.

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

XPOF' s Gross Margin % Range Over the Past 10 Years
Min: 50.54 Med: 63.16 Max: 69.69
Current: 69.69

During the past 6 years, the highest Gross Margin % of Xponential Fitness was 69.69%. The lowest was 50.54%. And the median was 63.16%.

XPOF's Gross Margin % is ranked better than
80.78% of 765 companies
in the Travel & Leisure industry
Industry Median: 43.19 vs XPOF: 69.69

Xponential Fitness had a gross margin of 68.94% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Xponential Fitness was 6.20% per year.

Xponential Fitness Gross Margin % Historical Data

The historical data trend for Xponential Fitness'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.

Xponential Fitness Gross Margin % Chart

Xponential Fitness Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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57.13

61.33

64.98

66.13

69.69

Xponential Fitness 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													69.52	67.36	69.74	72.54	68.94

Competitive Comparison of Xponential Fitness's Gross Margin %

For the Leisure subindustry, Xponential Fitness'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.

Xponential Fitness's Gross Margin % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Xponential Fitness's Gross Margin % falls into.

Xponential Fitness Gross Margin % Calculation

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

Xponential Fitness'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 )
	=	222.1	/	318.66
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(318.66 - 96.573)	/	318.66
	=	69.69 %

Xponential Fitness'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 )
	=	62.2	/	90.195
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(90.195 - 28.012)	/	90.195
	=	68.94 %

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.

Xponential Fitness (NYSE:XPOF) 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

Xponential Fitness had a gross margin of 68.94% 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.

Xponential Fitness Gross Margin % Related Terms

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Xponential Fitness (Xponential Fitness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Xponential Fitness Inc (NYSE:XPOF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

17877 Von Karman Avenue, Suite 100, Irvine, CA, USA, 92614

Website

https://www.xponential.com

Xponential Fitness Inc is a curator of boutique fitness brands. Its diversified portfolio of brands includes Club Pilates, a Pilates brand in the United States; CycleBar, an indoor cycling brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, a franchised yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; Stride, a treadmill-based cardio and strength training concept; Rumble, a boxing-inspired full-body workout; and BFT, a functional training and strength-based program. Its key revenue source is franchise income.

Executives

Chelsea A Grayson	director	1116 SOUTH RIDGELEY DRIVE, LOS ANGELES CA 90019
Ryan Junk	officer: Chief Operating Officer	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
Jair Clarke	director	17877 VON KARMAN AVE., SUITE 100, IRVINE CA 92614
Andrew Hagopian	officer: Chief Legal Officer	17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
Anthony Geisler	director, 10 percent owner, officer: Chief Executive Officer	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
Mark Grabowski	director, 10 percent owner	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
Sarah Luna	officer: President	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
John P Meloun	officer: Chief Financial Officer	16767 N. PERIMETER DR., STE. 240, SCOTTSDALE AZ 85260
Megan Moen	officer: EVP, Finance	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
H&w Investco Lp	10 percent owner	113 BUFFALO BAY ROAD, MADISON CT 06443
H&w Investco Ii Lp	10 percent owner	113 BUFFALO BAY ROAD, MADISON CT 06443
Mgag Llc	10 percent owner	113 BUFFALO BAY ROAD, MADISON CT 06443
Lag Fit, Inc.	director, 10 percent owner	6789 QUAIL HILL, PARKWAY #408, IRVINE CA 92603
Brenda I Morris	director	6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203