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Unique Fabricating (Unique Fabricating) Gross Margin % : 8.84% (As of Sep. 2022)


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What is Unique Fabricating Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Unique Fabricating's Gross Profit for the three months ended in Sep. 2022 was $3.0 Mil. Unique Fabricating's Revenue for the three months ended in Sep. 2022 was $34.5 Mil. Therefore, Unique Fabricating's Gross Margin % for the quarter that ended in Sep. 2022 was 8.84%.


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


UFABQ's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.67
* Ranked among companies with meaningful Gross Margin % only.

Unique Fabricating had a gross margin of 8.84% for the quarter that ended in Sep. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Unique Fabricating was 0.00% per year.


Unique Fabricating Gross Margin % Historical Data

The historical data trend for Unique Fabricating'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.

Unique Fabricating Gross Margin % Chart

Unique Fabricating Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 22.85 22.49 20.66 17.20 13.30

Unique Fabricating Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 10.97 9.85 13.53 14.97 8.84

Competitive Comparison of Unique Fabricating's Gross Margin %

For the Auto Parts subindustry, Unique Fabricating'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.


Unique Fabricating's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Unique Fabricating's Gross Margin % distribution charts can be found below:

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



Unique Fabricating Gross Margin % Calculation

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

Unique Fabricating's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=16.7 / 125.669
=(Revenue - Cost of Goods Sold) / Revenue
=(125.669 - 108.95) / 125.669
=13.30 %

Unique Fabricating's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=3 / 34.503
=(Revenue - Cost of Goods Sold) / Revenue
=(34.503 - 31.454) / 34.503
=8.84 %

* 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.


Unique Fabricating  (OTCPK:UFABQ) 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

Unique Fabricating had a gross margin of 8.84% for the quarter that ended in Sep. 2022 => 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.


Unique Fabricating Gross Margin % Related Terms

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


Unique Fabricating (Unique Fabricating) Business Description

Traded in Other Exchanges
N/A
Address
800 Standard Parkway, Auburn Hills, MI, USA, 48326
Unique Fabricating Inc is engaged in the engineering and manufacture of multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness, acoustical management, water and air sealing, decorative and other functional applications. Its products are air management products, heating ventilating and air conditioning, seals, fender stuffers, air ducts, acoustical insulation, door water shields, gas tank pads, light gaskets, topper pads, mirror gaskets, glove box liners, personal protection equipment, and packaging. It derives net sales from the sales of foam, rubber plastic, and tape adhesive related automotive products produced by manufacturing processes including die cutting, compression molding, thermoforming, reaction injection molding and fusion molding.
Executives
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Susan C. Benedict director C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Peninsula Fund V Limited Partnership 10 percent owner 500 WOODWARD AVENUE, SUITE 2800, DETROIT MI 48226
William Cooke director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Patrick W Cavanagh director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Brian P Loftus officer: Chief Financial Officer C/O UNIQUE FABRICATING, 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Cain Byrd Douglas Iii officer: President and CEO 2622 TWIN HILLS COURT, UNION KY 41091
Donn J Viola director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Paul Frascoia director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Kim Korth director C/O IRN, INC., 2680 WALKER AVENUE, SUITE A, GRAND RAPIDS MI 49544
James Albert Illikman director 500 WOODWARD AVENUE, SUITE 2800, DETROIT MI 48226
Thomas Tekiele officer: Chief Financial Officer 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
John Weinhardt director, officer: President and CEO 800 STANDARD PARKWAY, AUBURN HILLS MI 48326