Exel Industries (XPAR:EXE) Gross Margin % : 45.15% (As of Sep. 2023)

Exel Industries Gross Margin % Chart

Exel Industries Annual Data
	Trend	Aug13	Aug14	Aug15	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Gross Margin %		Get a 7-Day Free Trial					33.32	33.77	47.81	45.78	46.40

Exel Industries Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial															55.31	50.26	42.58	48.00	45.15

Competitive Comparison of Exel Industries's Gross Margin %

For the Farm & Heavy Construction Machinery subindustry, Exel Industries'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.

Exel Industries's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's Gross Margin % distribution charts can be found below:

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

Exel Industries Gross Margin % Calculation

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

Exel Industries's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Exel Industries's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

* 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.

Exel Industries  (XPAR:EXE) 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

Exel Industries had a gross margin of 45.15% for the quarter that ended in Sep. 2023 => Durable 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.

Exel Industries Gross Margin % Related Terms

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Exel Industries (XPAR:EXE) Business Description