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Agiliti (Agiliti) Gross Margin % : 33.75% (As of Dec. 2023)


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What is Agiliti Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Agiliti's Gross Profit for the three months ended in Dec. 2023 was $99 Mil. Agiliti's Revenue for the three months ended in Dec. 2023 was $292 Mil. Therefore, Agiliti's Gross Margin % for the quarter that ended in Dec. 2023 was 33.75%.


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

AGTI' s Gross Margin % Range Over the Past 10 Years
Min: 30.87   Med: 35.98   Max: 40.88
Current: 34.4


During the past 6 years, the highest Gross Margin % of Agiliti was 40.88%. The lowest was 30.87%. And the median was 35.98%.

AGTI's Gross Margin % is ranked worse than
59.61% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.4 vs AGTI: 34.40

Agiliti had a gross margin of 33.75% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Agiliti was 2.00% per year.


Agiliti Gross Margin % Historical Data

The historical data trend for Agiliti'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.

Agiliti Gross Margin % Chart

Agiliti Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 30.87 37.03 40.88 38.44 34.40

Agiliti Quarterly Data
Dec18 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 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 38.19 36.47 34.15 33.18 33.75

Competitive Comparison of Agiliti's Gross Margin %

For the Health Information Services subindustry, Agiliti'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.


Agiliti's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Agiliti's Gross Margin % distribution charts can be found below:

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



Agiliti Gross Margin % Calculation

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

Agiliti'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 )
=404.1 / 1174.604
=(Revenue - Cost of Goods Sold) / Revenue
=(1174.604 - 770.501) / 1174.604
=34.40 %

Agiliti'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 )
=98.6 / 291.986
=(Revenue - Cost of Goods Sold) / Revenue
=(291.986 - 193.43) / 291.986
=33.75 %

* 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.


Agiliti  (NYSE:AGTI) 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

Agiliti had a gross margin of 33.75% 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.


Agiliti Gross Margin % Related Terms

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


Agiliti (Agiliti) Business Description

Traded in Other Exchanges
N/A
Address
11095 Viking Drive, Eden Prairie, MN, USA, 55344
Agiliti Inc is a provider of end-to-end healthcare technology management and service solutions to the United States healthcare industry. The services provided by the company include Clinical engineering, Equipment rental, Imaging services, and Onsite Management among others. Geographically, it operates only in the United States.
Executives
Thomas J Leonard director, officer: Chief Executive Officer CAREFUSION CORPORATION, 3750 TORREY VIEW COURT, SAN DIEGO CA 92130
James B Pekarek officer: EVP & CFO C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Matthew E. Mccabe officer: VP of Finance & Treasurer C/O AGILITI, INC., 6625 WEST 78TH STREET, SUITE 300, MINNEAPOLIS MN 55439
Lee M Neumann officer: SVP & GC C/O UNIVERSAL HOSPITAL SERVICES, INC, 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Robert L Creviston officer: SVP, Human Resources C/O UNIVERSAL HOSPITAL SERVICES, INC, 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Matthew Neale officer: SVP, Chief Information Officer 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Lori M. Jones officer: SVP, Chief Commercial Officer 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Derrick L Johnson officer: SVP, Chief Operating Officer C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
David Anbari officer: SVP, STRTGY & SOLUT'N MGMT 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Gary L. Gottlieb director 1 VAN DE GRAAFF DRIVE, BURLINGTON MA 01803
C Martin Harris director
Bettyann Bird officer: SVP, Strtgy & Solut'n Mgmt C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Scott A Christensen officer: VP, Controller & CAO C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Diane B. Patrick director C/O AGILITI, INC., 6625 WEST 78TH STREET, SUITE 300, MINNEAPOLIS MN 55439
John L Workman director C/O HEALTHSOUTH CORPORATION, ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243

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