Glacier Media (TSX:GVC) Gross Margin % : 27.47% (As of Dec. 2023)

View and export this data going back to 1981. Start your Free Trial

What is Glacier Media Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Glacier Media's Gross Profit for the three months ended in Dec. 2023 was C$9.8 Mil. Glacier Media's Revenue for the three months ended in Dec. 2023 was C$35.7 Mil. Therefore, Glacier Media's Gross Margin % for the quarter that ended in Dec. 2023 was 27.47%.

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

TSX:GVC' s Gross Margin % Range Over the Past 10 Years
Min: 25.51 Med: 29.37 Max: 38.23
Current: 25.51

During the past 13 years, the highest Gross Margin % of Glacier Media was 38.23%. The lowest was 25.51%. And the median was 29.37%.

TSX:GVC's Gross Margin % is ranked worse than
71.18% of 961 companies
in the Media - Diversified industry
Industry Median: 38.48 vs TSX:GVC: 25.51

Glacier Media had a gross margin of 27.47% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Glacier Media was -0.90% per year.

Glacier Media Gross Margin % Historical Data

The historical data trend for Glacier Media'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.

Glacier Media Gross Margin % Chart

Glacier Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

26.10

38.23

33.46

26.89

25.51

Glacier Media Quarterly Data
	Mar19	Jun19	Sep19	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															27.23	21.71	22.51	29.97	27.47

Competitive Comparison of Glacier Media's Gross Margin %

For the Publishing subindustry, Glacier Media'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.

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

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

* The bar in red indicates where Glacier Media's Gross Margin % falls into.

Glacier Media Gross Margin % Calculation

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

Glacier Media'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 )
	=	39.5	/	154.94
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(154.94 - 115.419)	/	154.94
	=	25.51 %

Glacier Media'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 )
	=	9.8	/	35.714
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(35.714 - 25.903)	/	35.714
	=	27.47 %

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.

Glacier Media (TSX:GVC) 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

Glacier Media had a gross margin of 27.47% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Glacier Media Gross Margin % Related Terms

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

Glacier Media (TSX:GVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Glacier Media Inc (TSX:GVC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

GLMFF:USA

Address

2188 Yukon Street, Vancouver, BC, CAN, V5Y 3P1

Website

https://www.glaciermedia.ca

Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company's business-to-business content, marketing solutions and data information products that are environmental, and property-related. Commodity Information includes business-to-business content, marketing solutions, and data information products that are agriculture, energy and mining-related. The Community media segment includes the company's community media assets and related digital and printing operations. It has a business presence in the US and Canada and derives most of its revenue from the Community Media segment.

Glacier Media (TSX:GVC) Headlines

No Headlines