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Eos Energy Enterprises (Eos Energy Enterprises) Gross Margin % : -327.65% (As of Mar. 2024)


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What is Eos Energy Enterprises Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Eos Energy Enterprises's Gross Profit for the three months ended in Mar. 2024 was $-21.63 Mil. Eos Energy Enterprises's Revenue for the three months ended in Mar. 2024 was $6.60 Mil. Therefore, Eos Energy Enterprises's Gross Margin % for the quarter that ended in Mar. 2024 was -327.65%.


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

EOSE' s Gross Margin % Range Over the Past 10 Years
Min: -2415.53   Med: -910.94   Max: -448.28
Current: -544


During the past 5 years, the highest Gross Margin % of Eos Energy Enterprises was -448.28%. The lowest was -2415.53%. And the median was -910.94%.

EOSE's Gross Margin % is ranked worse than
99.9% of 2945 companies
in the Industrial Products industry
Industry Median: 26.55 vs EOSE: -544.00

Eos Energy Enterprises had a gross margin of -327.65% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Eos Energy Enterprises was 0.00% per year.


Eos Energy Enterprises Gross Margin % Historical Data

The historical data trend for Eos Energy Enterprises'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.

Eos Energy Enterprises Gross Margin % Chart

Eos Energy Enterprises Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
-1,579.84 -2,415.53 -910.94 -755.05 -448.28

Eos Energy Enterprises Quarterly Data
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 -204.92 -4,416.47 -3,008.48 -359.15 -327.65

Competitive Comparison of Eos Energy Enterprises's Gross Margin %

For the Electrical Equipment & Parts subindustry, Eos Energy Enterprises'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.


Eos Energy Enterprises's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eos Energy Enterprises's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Eos Energy Enterprises's Gross Margin % falls into.



Eos Energy Enterprises Gross Margin % Calculation

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

Eos Energy Enterprises'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 )
=-73.4 / 16.378
=(Revenue - Cost of Goods Sold) / Revenue
=(16.378 - 89.798) / 16.378
=-448.28 %

Eos Energy Enterprises'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 )
=-21.6 / 6.601
=(Revenue - Cost of Goods Sold) / Revenue
=(6.601 - 28.229) / 6.601
=-327.65 %

* 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.


Eos Energy Enterprises  (NAS:EOSE) 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

Eos Energy Enterprises had a gross margin of -327.65% 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.


Eos Energy Enterprises Gross Margin % Related Terms

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


Eos Energy Enterprises (Eos Energy Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3920 Park Avenue, Edison, NJ, USA, 08820
Eos Energy Enterprises Inc designs develop, manufactures, and markets innovative zinc-based energy storage solutions for utility-scale, microgrid, and commercial & industrial (C&I) applications. The solutions are used in the utility sector, the renewable energy sector, and the industrial sector. It's flagship product Eos Znyth is a stationary battery energy storage system.
Executives
Jeff Mcneil director 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Joe Mastrangelo director, officer: Chief Executive Officer 199 PIERCE STREET, SUITE 537, FRANKLIN TOWNSHIP NJ 08873
Claude Demby director C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Sumeet Puri officer: Chief Accounting Officer 6525 SHADY OAK LANE, MASON OH 45040
Alexander Dimitrief director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Nathan Kroeker officer: Chief Financial Officer 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jeffrey S Bornstein director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Russell Monoki Stidolph director 137 ROWAYTON AVENUE, ROWAYTON CT 06853
Daniel Shribman director, officer: CEO and CFO 299 PARK AVENUE, NEW YORK NY 10171
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Randall B Gonzales officer: Chief Financial Officer EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Spring Creek Capital Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
Marian Walters director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Audrey Ann Zibelman director 6/128 TOORAK ROAD WEST, SOUTH YARRA C4 3141

Eos Energy Enterprises (Eos Energy Enterprises) Headlines

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