GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » US Lighting Group Inc (OTCPK:USLG) » Definitions » Gross Margin %

US Lighting Group (US Lighting Group) Gross Margin % : -4.50% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is US Lighting Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. US Lighting Group's Gross Profit for the three months ended in Dec. 2023 was $-0.02 Mil. US Lighting Group's Revenue for the three months ended in Dec. 2023 was $0.53 Mil. Therefore, US Lighting Group's Gross Margin % for the quarter that ended in Dec. 2023 was -4.50%.


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

USLG' s Gross Margin % Range Over the Past 10 Years
Min: -12.37   Med: 23.66   Max: 88.37
Current: 23.66


During the past 9 years, the highest Gross Margin % of US Lighting Group was 88.37%. The lowest was -12.37%. And the median was 23.66%.

USLG's Gross Margin % is ranked better than
63.39% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.51 vs USLG: 23.66

US Lighting Group had a gross margin of -4.50% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for US Lighting Group was 0.00% per year.


US Lighting Group Gross Margin % Historical Data

The historical data trend for US Lighting Group'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.

US Lighting Group Gross Margin % Chart

US Lighting Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 60.67 88.37 - -12.37 23.66

US Lighting Group Quarterly Data
Mar17 Jun17 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 -4.75 31.58 37.42 8.87 -4.50

Competitive Comparison of US Lighting Group's Gross Margin %

For the Recreational Vehicles subindustry, US Lighting Group'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.


US Lighting Group's Gross Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where US Lighting Group's Gross Margin % falls into.



US Lighting Group Gross Margin % Calculation

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

US Lighting Group'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 )
=0.9 / 3.626
=(Revenue - Cost of Goods Sold) / Revenue
=(3.626 - 2.768) / 3.626
=23.66 %

US Lighting Group'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 )
=-0 / 0.533
=(Revenue - Cost of Goods Sold) / Revenue
=(0.533 - 0.557) / 0.533
=-4.50 %

* 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.


US Lighting Group  (OTCPK:USLG) 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

US Lighting Group had a gross margin of -4.50% for the quarter that ended in Dec. 2023 => 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.


US Lighting Group Gross Margin % Related Terms

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


US Lighting Group (US Lighting Group) Business Description

Traded in Other Exchanges
N/A
Address
1148 East 222nd Street, Euclid, OH, USA, 44117
US Lighting Group Inc is a manufacturer of recreational vehicles utilizing the highest quality marine materials to create lighter weight, stronger, and more durable RV travel trailers and campers. It consists of four subsidiaries: Cortes Campers, LLC, a brand of high end molded fiberglass campers, Futuro Houses, LLC, focused on design and sales of molded fiberglass homes, Fusion X Marine, LLC, a high performance boat designer, and MIGMarine Corporation, a composite manufacturing company that produces proprietary molded fiberglass products for other business lines. The company formed Cortes Campers to operate a new brand of inventive travel trailers.
Executives
Michael A Coates officer: Corporate Controller 1148 EAST 222ND ST., EUCLID OH 44117
Retreage Donald O'connor Jr officer: CFO 2603 CHALLENGER TECH CT., SUITE 100, ORLANDO FL 32826
Patricia Ann Salaciak director, officer: Marketing Director 1148 EAST 222ND ST., EUCLID OH 44117
Olga Smirnova director, officer: Corporate Secretary 1148 EAST 222ND ST., EUCLID OH 44117
Paul Spivak director, 10 percent owner, officer: CEO 34099 MELINZ PKWY., UNIT E, EASTLAKE OH 44095