The historical rank and industry rank for Quality Industrial's Gross Margin % or its related term are showing as below:
QIND'
s Gross Margin % Range Over the Past 10 Years
Min: 33.03 Med: 33.03 Max: 34.06
Current: 34.06
During the past 4 years, the highestGross Margin % of Quality Industrial was 34.06%. The lowest was 33.03%. And the median was 33.03%.
QIND's Gross Margin % is ranked better than 70.5% of 2939
companies
in the Industrial Products industry
Industry Median: 26.39
vs QIND: 34.06
Quality Industrial had a gross margin of 36.76% for the quarter that ended in Jun. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Quality Industrial was 0.00% per year.
Quality Industrial Gross Margin % Historical Data
The historical data trend for Quality Industrial'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.
Competitive Comparison of Quality Industrial's Gross Margin %
For the Specialty Industrial Machinery subindustry, Quality Industrial'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.
Quality Industrial's Gross Margin % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Quality Industrial's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Quality Industrial's Gross Margin % falls into.
* 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.
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
Quality Industrial had a gross margin of 36.76% for the quarter that ended in Jun. 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.
Quality Industrial Gross Margin % Related Terms
Thank you for viewing the detailed overview of Quality Industrial's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Quality Industrial (Quality Industrial) Business Description
Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision engineered technology for the Industrial, Oil & Gas, and Utility sectors.
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