Despegar.com Corp
NYSE:DESP

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Despegar.com Corp
NYSE:DESP
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Price: 19.31 USD -0.72%
Market Cap: 1.4B USD
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Gross Margin
Despegar.com Corp

71.6%
Current
63%
Average
52.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
71.6%
=
Gross Profit
541.5m
/
Revenue
756.3m

Gross Margin Across Competitors

Country AR
Market Cap 1.4B USD
Gross Margin
72%
Country US
Market Cap 169.7B USD
Gross Margin
0%
Country CN
Market Cap 2.7T MXN
Gross Margin
67%
Country US
Market Cap 86.2B USD
Gross Margin
71%
Country US
Market Cap 79.6B USD
Gross Margin
20%
Country US
Market Cap 64.1B USD
Gross Margin
49%
Country US
Market Cap 61.7B USD
Gross Margin
38%
Country CN
Market Cap 365.3B HKD
Gross Margin
81%
Country US
Market Cap 32.6B USD
Gross Margin
52%
Country UK
Market Cap 23.5B GBP
Gross Margin
36%
Country US
Market Cap 24.4B USD
Gross Margin
89%
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Despegar.com Corp
Glance View

Market Cap
1.4B USD
Industry
Hotels, Restaurants & Leisure

Despegar.com Corp. emerged as a pivotal player in the Latin American travel industry, with its foundation rooted in the core mission of simplifying the booking experience for travelers in the region. Established in 1999, the company has steadily grown into a dominant online travel agency, offering a comprehensive digital platform where users can seamlessly book flights, hotels, travel packages, and car rentals. As the largest online travel agency in Latin America, Despegar has carved out a niche by understanding the unique preferences and logistical challenges faced by travelers in this diverse geographical area. The company's structure is adapted to cater to a vast array of local payment methods and regulations across different countries, which serves as a competitive edge in a fragmented market. Despegar generates its revenue primarily through commissions and service fees charged to travel service providers such as airlines and hotels, along with additional fees imposed on travelers for using its platform. This approach creates a dual-stream revenue model, drawing income from both sides of the transaction while enhancing customer experience with tailored services and support. By leveraging robust technology and data analytics, Despegar enhances its offerings, providing personalized recommendations and optimizing its inventory to meet the evolving demands of consumers. The company's continuous investment in technology and partnerships ensures that it remains at the forefront of the online travel industry in Latin America, cementing its position as an essential conduit between travelers and their desired destinations.

DESP Intrinsic Value
22.5 USD
Undervaluation 14%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
71.6%
=
Gross Profit
541.5m
/
Revenue
756.3m
What is the Gross Margin of Despegar.com Corp?

Based on Despegar.com Corp's most recent financial statements, the company has Gross Margin of 71.6%.