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Midwest Energy Emissions (Midwest Energy Emissions) Gross Margin % : 24.94% (As of Dec. 2023)


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What is Midwest Energy Emissions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Midwest Energy Emissions's Gross Profit for the three months ended in Dec. 2023 was $1.02 Mil. Midwest Energy Emissions's Revenue for the three months ended in Dec. 2023 was $4.07 Mil. Therefore, Midwest Energy Emissions's Gross Margin % for the quarter that ended in Dec. 2023 was 24.94%.


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

MEEC' s Gross Margin % Range Over the Past 10 Years
Min: 14.78   Med: 31.5   Max: 38.99
Current: 32.15


During the past 13 years, the highest Gross Margin % of Midwest Energy Emissions was 38.99%. The lowest was 14.78%. And the median was 31.50%.

MEEC's Gross Margin % is ranked better than
65.69% of 2935 companies
in the Industrial Products industry
Industry Median: 26.35 vs MEEC: 32.15

Midwest Energy Emissions had a gross margin of 24.94% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Midwest Energy Emissions was 5.40% per year.


Midwest Energy Emissions Gross Margin % Historical Data

The historical data trend for Midwest Energy Emissions'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.

Midwest Energy Emissions Gross Margin % Chart

Midwest Energy Emissions 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 26.99 33.32 38.99 32.47 32.15

Midwest Energy Emissions 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 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 33.10 33.75 35.53 33.72 24.94

Competitive Comparison of Midwest Energy Emissions's Gross Margin %

For the Pollution & Treatment Controls subindustry, Midwest Energy Emissions'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.


Midwest Energy Emissions's Gross Margin % Distribution in the Industrial Products Industry

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

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



Midwest Energy Emissions Gross Margin % Calculation

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

Midwest Energy Emissions'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 )
=5.8 / 17.94
=(Revenue - Cost of Goods Sold) / Revenue
=(17.94 - 12.172) / 17.94
=32.15 %

Midwest Energy Emissions'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 )
=1 / 4.069
=(Revenue - Cost of Goods Sold) / Revenue
=(4.069 - 3.054) / 4.069
=24.94 %

* 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.


Midwest Energy Emissions  (OTCPK:MEEC) 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

Midwest Energy Emissions had a gross margin of 24.94% 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.


Midwest Energy Emissions Gross Margin % Related Terms

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


Midwest Energy Emissions (Midwest Energy Emissions) Business Description

Traded in Other Exchanges
Address
1810 Jester Drive, Corsicana, TX, USA, 75109
Midwest Energy Emissions Corp. is an environmental services company. The company specializes in mercury emission control technologies, primarily for utility and industrial coal-fired units. It aims to deliver cost-effective mercury capture technologies to coal-fired power plants in the United States, Europe, and Asia. The group develops and deploys technologies to remove mercury emissions from coal-fired power plants. The company's products include Oxidizers, sorbents, and Scrubber Additive SA2. Geographically, all the activities function through the region of the United States and it achieves revenues from product sales, equipment sales, and demonstration and consulting services.
Executives
Fiona Fitzmaurice officer: Chief Financial Officer 145 WELLINGTON ST W, TORONTO A6 M5W 4J8
Troy J Grant director 749 SHORE DRIVE, BEDFORD A5 BA4 2E2
Gregory R Powell officer: Chief Financial Officer 1140 - 3280 BLOOR STREET WEST, CENTRE TOWER 11TH FLOOR, TORONTO A6 M8X 2X3
Christopher Greenberg director 14554 EAST LUPINE DRIVE, SCOTTSDALE AZ 85259
Richard Macpherson director, 10 percent owner, officer: Pres., Sec., Treas. 1810 JESTER DRIVE, CORSICANA TX 75109
Jami L. Satterthwaite officer: Chief Accounting Officer 108 SE COUNTY ROAD 3148, CORSICANA TX 75109
Zijl Frederick Van director C/O ALCENTRA CAPITAL CORPORATION, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Allan T Grantham director 1160 SHORE DRIVE, BEDFORD A5 B4A2E5
Alterna Core Capital Assets Fund Ii, L.p. 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 10 CORPORATE DRIVE, SUITE 2204, BEDFORD NH 03110
Brian Lee Johnson director 654 VINEYARD DRIVE, GRAND FORKS ND 58201
Christopher Joel Lee director 6127 27TH ST S, FARGO ND 58104
John Pavlish officer: Senior VP/Chief Tech Officer 2517 KINCAID PL, THE VILLAGES FL 32163
Keith R Mcgee officer: Senior VP Bus Dev/Inv Rel 103 EAST END AVENUE, SHREWSBURY NJ 07702
Eric M. Press 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 15 RIVER ROAD, SUITE 320, WILTON CT 06897
Alterna General Partner Ii Llc 10 percent owner C/O ALTERNA CAPITAL PARTNERS LLC, 15 RIVER ROAD, SUITE 320, WILTON CT 06897