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Entravision Communications (Entravision Communications) Gross Margin % : 13.93% (As of Mar. 2024)


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What is Entravision Communications Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Entravision Communications's Gross Profit for the three months ended in Mar. 2024 was $39 Mil. Entravision Communications's Revenue for the three months ended in Mar. 2024 was $277 Mil. Therefore, Entravision Communications's Gross Margin % for the quarter that ended in Mar. 2024 was 13.93%.

Warning Sign:

Entravision Communications Corp gross margin has been in long-term decline. The average rate of decline per year is -19.1%.


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

EVC' s Gross Margin % Range Over the Past 10 Years
Min: 15.3   Med: 42.86   Max: 69.29
Current: 15.3


During the past 13 years, the highest Gross Margin % of Entravision Communications was 69.29%. The lowest was 15.30%. And the median was 42.86%.

EVC's Gross Margin % is ranked worse than
84.93% of 962 companies
in the Media - Diversified industry
Industry Median: 38.375 vs EVC: 15.30

Entravision Communications had a gross margin of 13.93% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Entravision Communications was -19.10% per year.


Entravision Communications Gross Margin % Historical Data

The historical data trend for Entravision Communications'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.

Entravision Communications Gross Margin % Chart

Entravision Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.92 38.42 23.31 21.93 16.08

Entravision Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.32 16.27 15.77 15.26 13.93

Competitive Comparison of Entravision Communications's Gross Margin %

For the Advertising Agencies subindustry, Entravision Communications'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.


Entravision Communications's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Entravision Communications's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Entravision Communications's Gross Margin % falls into.



Entravision Communications Gross Margin % Calculation

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

Entravision Communications'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 )
=178 / 1106.867
=(Revenue - Cost of Goods Sold) / Revenue
=(1106.867 - 928.871) / 1106.867
=16.08 %

Entravision Communications's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=38.6 / 277.445
=(Revenue - Cost of Goods Sold) / Revenue
=(277.445 - 238.801) / 277.445
=13.93 %

* 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.

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.


Entravision Communications  (NYSE:EVC) 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

Entravision Communications had a gross margin of 13.93% for the quarter that ended in Mar. 2024 => No sustainable 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.


Entravision Communications Gross Margin % Related Terms

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


Entravision Communications (Entravision Communications) Business Description

Traded in Other Exchanges
Address
2425 Olympic Boulevard, Suite 6000 West, Santa Monica, CA, USA, 90404
Entravision Communications Corp is a global media company. Its operations encompass integrated marketing and media solutions, comprised of television, radio, and digital properties and data analytics services. The company operates in television broadcasting, radio broadcasting, and digital media segments. It owns and operates more than 45 radio stations in 16 U.S. markets. The radio stations consist of approx 38 FM and 10 AM stations located in Arizona, California, Colorado, Florida, Nevada, New Mexico, and Texas. It also provides digital advertising solutions that allow advertisers to reach online Hispanic audiences worldwide.
Executives
Michael J Christenson officer: Chief Executive Officer C/O ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD, STE 6000W, SANTA MONICA CA 90404
Lara Sweet director C/O SNAP INC., 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA 90405
Thomas Strickler director C/O ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD STE 6000W, SANTA MONICA CA 90404
Brad Bender director C/O ENTRAVISION COMMUNICATIONS CORP, STE 6000W, SANTA MONICA CA 90404
Christopher T Young officer: President, Outdoor Division
Saldivar Von Wuthenau Juan director 2425 OLYMPIC BLVD., SUITE 6000W, SANTA MONICA CA 90404
Alexandra Seros 10 percent owner C/O ENTRAVISION COMMUNICATIONS CORP., 2425 OLYMPIC BLVD STE 6000 W, SANTA MONICA CA 90404
Seros Ulloa Family Trust Of 1996 10 percent owner C/O ENTRAVISION COMMUNICATIONS CORP., 2425 OLYMPIC BLVD STE 6000 W, SANTA MONICA CA 90404
Paul A Zevnik director ZEVNIK HORTON LLP, 1299 PENNSYLVANIA AVE NW 960E, WASHINGTON DC 20004
Gilbert R Vasquez director 2425 OLYMPIC BLVD., SUITE 6000W, SANTA MONICA CA 90404
Jeffrey A Liberman officer: President, Radio Division ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD, SANTA MONICA CA 90404
Arnoldo Avalos director 2425 OLYMPIC BLVD., SUITE 6000 WEST, SANTA MONICA CA 90404
Fehmi Alexander Zeko director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Karl Alonso Meyer officer: Chief Revenue Officer 2425 OLYMPIC BOULEVARD, SUITE 6000 WEST, SANTA MONICA CA 90404
Mario M. Carrera officer: Chief Revenue Officer 2425 OLYMPIC BLVD., SUITE 6000 WEST, SANTA MONICA CA 90404