Enerpac Tool Group (Enerpac Tool Group) Gross Margin % : 51.63% (As of Feb. 2024)

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What is Enerpac Tool Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Enerpac Tool Group's Gross Profit for the three months ended in Feb. 2024 was $71.5 Mil. Enerpac Tool Group's Revenue for the three months ended in Feb. 2024 was $138.4 Mil. Therefore, Enerpac Tool Group's Gross Margin % for the quarter that ended in Feb. 2024 was 51.63%.

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

EPAC' s Gross Margin % Range Over the Past 10 Years
Min: 35.1 Med: 44.1 Max: 50.65
Current: 50.65

During the past 13 years, the highest Gross Margin % of Enerpac Tool Group was 50.65%. The lowest was 35.10%. And the median was 44.10%.

EPAC's Gross Margin % is ranked better than
91.52% of 2937 companies
in the Industrial Products industry
Industry Median: 26.42 vs EPAC: 50.65

Enerpac Tool Group had a gross margin of 51.63% for the quarter that ended in Feb. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Enerpac Tool Group was 2.10% per year.

Enerpac Tool Group Gross Margin % Historical Data

The historical data trend for Enerpac Tool 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.

Enerpac Tool Group Gross Margin % Chart

Enerpac Tool Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Gross Margin %

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44.70

44.03

45.99

46.46

49.32

Enerpac Tool Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Gross Margin %	Get a 7-Day Free Trial															49.57	49.83	49.13	52.30	51.63

Competitive Comparison of Enerpac Tool Group's Gross Margin %

For the Specialty Industrial Machinery subindustry, Enerpac Tool 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.

Enerpac Tool Group's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enerpac Tool Group's Gross Margin % distribution charts can be found below:

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

Enerpac Tool Group Gross Margin % Calculation

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

Enerpac Tool Group's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )	=	Gross Profit (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	295	/	598.204
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(598.204 - 303.165)	/	598.204
	=	49.32 %

Enerpac Tool Group's Gross Margin for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )	=	Gross Profit (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	71.5	/	138.437
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(138.437 - 66.962)	/	138.437
	=	51.63 %

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.

Enerpac Tool Group (NYSE:EPAC) 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

Enerpac Tool Group had a gross margin of 51.63% for the quarter that ended in Feb. 2024 => 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.

Enerpac Tool Group Gross Margin % Related Terms

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

Enerpac Tool Group (Enerpac Tool Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enerpac Tool Group Corp (NYSE:EPAC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

PW9:Germany

Address

N86 W12500 Westbrook Crossing, Menomonee Falls, WI, USA, 53051

Website

https://www.enerpactoolgroup.com

Enerpac Tool Group, previously known as Actuant, provides high-precision tools, controlled-force products, and solutions for precise heavy lifting. The company operates through two segments: industrial tools and services and other. It categorizes its revenue into two parts: product sales and services, which include manpower services and rentals. Product sales is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, Asia, Australia, Europe, Middle East, and other areas. The U.S. makes up the largest contribution to the company's total revenue.

Executives

James Denis	officer: EVP, GC and Secretary	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Benjamin James Topercer	officer: EVP - Chief HR Officer	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Anthony Peter Colucci	officer: EVP - CFO	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Lynn C Minella	director	5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Danny L Cunningham	director	C/O ACTUANT CORPORATION, N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Ferland E James Jr	director	ALVARADO SQUARE, MS 2850, ALBUQUERQUE NM 87158
Simmons Sidney S. Ii	director	562 PARK STREET, SUITE 300, JACKSONVILLE FL 32204
Markus Limberger	officer: EVP, Operations	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Paul Sternlieb	officer: President and CEO	70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Healy Colleen	director	11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Ricky T Dillon	officer: Executive Vice President - CFO	ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Scott Matthew Vuchetich	officer: EVP, Mkg and Pres-Americas	N86 W12500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Richard D Holder	director	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Bryan Johnson	officer: Controller and PAO	N86 W112500 WESTBROOK CROSSING, MENOMONEE FALLS WI 53051
Randal W Baker	director, officer: Pres. and CEO	100 E WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202