GURUFOCUS.COM » STOCK LIST » Technology » Software » Exela Technologies Inc (NAS:XELA) » Definitions » Gross Margin %

Exela Technologies (Exela Technologies) Gross Margin % : 21.96% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Exela Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Exela Technologies's Gross Profit for the three months ended in Mar. 2024 was $57 Mil. Exela Technologies's Revenue for the three months ended in Mar. 2024 was $259 Mil. Therefore, Exela Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was 21.96%.

Warning Sign:

Exela Technologies Inc gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


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

XELA' s Gross Margin % Range Over the Past 10 Years
Min: 18.54   Med: 22.59   Max: 34.28
Current: 21.96


During the past 10 years, the highest Gross Margin % of Exela Technologies was 34.28%. The lowest was 18.54%. And the median was 22.59%.

XELA's Gross Margin % is ranked worse than
79.11% of 2638 companies
in the Software industry
Industry Median: 41.84 vs XELA: 21.96

Exela Technologies had a gross margin of 21.96% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Exela Technologies was -2.10% per year.


Exela Technologies Gross Margin % Historical Data

The historical data trend for Exela Technologies'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.

Exela Technologies Gross Margin % Chart

Exela Technologies 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 21.61 20.81 23.79 18.54 21.68

Exela Technologies 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 20.89 22.31 21.60 21.93 21.96

Competitive Comparison of Exela Technologies's Gross Margin %

For the Software - Application subindustry, Exela Technologies'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.


Exela Technologies's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Exela Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Exela Technologies's Gross Margin % falls into.



Exela Technologies Gross Margin % Calculation

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

Exela Technologies'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 )
=230.7 / 1064.124
=(Revenue - Cost of Goods Sold) / Revenue
=(1064.124 - 833.422) / 1064.124
=21.68 %

Exela Technologies'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 )
=56.8 / 258.811
=(Revenue - Cost of Goods Sold) / Revenue
=(258.811 - 201.988) / 258.811
=21.96 %

* 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.


Exela Technologies  (NAS:XELA) 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

Exela Technologies had a gross margin of 21.96% for the quarter that ended in Mar. 2024 => 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.


Exela Technologies Gross Margin % Related Terms

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


Exela Technologies (Exela Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2701 East Grauwyler Road, Irving, TX, USA, 75061
Exela Technologies Inc is a location-agnostic business process automation (BPA) leader combining industry specific and multi industry enterprise software and solutions. The company's BPA suite of solutions is deployed in banking, healthcare, insurance, and other industries. The company's segment includes Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal and Loss Prevention Services (LLPS). It generates maximum revenue from the ITPS segment.
Executives
Matt Brown officer: Interim CFO 2701 E. GRAUWYLER RD., IRVING TX 75061
Shrikant Sortur officer: Senior VP, Global Finance 42579 BEECHWOOD DR, STERLING HEIGHTS MI 48314
Srinivasan Murali officer: President, Americas and APAC C/O EXELA TECHNOLOGIES, INC., 2701 E. GRAUWLER RD., IRVING TX 75038
Vitalie Robu officer: President, EMEA C/O EXELA TECHNOLOGIES, INC., 2701 E. GRAUWYLER RD., IRVING TX 75038
Mark D. Fairchild officer: President, Europe 2701 E. GRAUWYLER ROAD, IRVING TX 75061
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Par Chadha director, 10 percent owner
Marc A Beilinson director 10100 SANTA MONICA BLVD STE. 1100, LOS ANGELES CA 90067
Sharon Chadha director, 10 percent owner 3003 PENNSYLVANIA AVENUE, SANTA MONICA CA 90404
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Delos Capital Management, Lp 10 percent owner 120 FIFTH AVENUE, THIRD FLOOR, NEW YORK NY 10011
Delos Investment Fund, Lp 10 percent owner 120 FIFTH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Matthew Constantino 10 percent owner 120 FIFTH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Clark Coley director 4055 VALLEY VIEW LANE, SUITE 1000, DALLAS TX 75244
Martin P. Akins director ONE EXPRESS WAY, ST. LOUIS MO 63121