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Orbital Infrastructure Group (Orbital Infrastructure Group) Gross Margin % : 17.61% (As of Mar. 2023)


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What is Orbital Infrastructure Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Orbital Infrastructure Group's Gross Profit for the three months ended in Mar. 2023 was $14.1 Mil. Orbital Infrastructure Group's Revenue for the three months ended in Mar. 2023 was $80.2 Mil. Therefore, Orbital Infrastructure Group's Gross Margin % for the quarter that ended in Mar. 2023 was 17.61%.


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

OIGBQ' s Gross Margin % Range Over the Past 10 Years
Min: -1.89   Med: 28.11   Max: 38.75
Current: -1.21


During the past 13 years, the highest Gross Margin % of Orbital Infrastructure Group was 38.75%. The lowest was -1.89%. And the median was 28.11%.

OIGBQ's Gross Margin % is not ranked
in the Construction industry.
Industry Median: 19.125 vs OIGBQ: -1.21

Orbital Infrastructure Group had a gross margin of 17.61% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

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


Orbital Infrastructure Group Gross Margin % Historical Data

The historical data trend for Orbital Infrastructure 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.

Orbital Infrastructure Group Gross Margin % Chart

Orbital Infrastructure Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.58 24.74 8.94 5.21 -1.89

Orbital Infrastructure Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 16.49 10.45 -5.86 -37.18 17.61

Competitive Comparison of Orbital Infrastructure Group's Gross Margin %

For the Engineering & Construction subindustry, Orbital Infrastructure 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.


Orbital Infrastructure Group's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Orbital Infrastructure Group's Gross Margin % distribution charts can be found below:

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



Orbital Infrastructure Group Gross Margin % Calculation

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

Orbital Infrastructure Group's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-6.1 / 322.217
=(Revenue - Cost of Goods Sold) / Revenue
=(322.217 - 328.318) / 322.217
=-1.89 %

Orbital Infrastructure Group's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=14.1 / 80.186
=(Revenue - Cost of Goods Sold) / Revenue
=(80.186 - 66.069) / 80.186
=17.61 %

* 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.


Orbital Infrastructure Group  (OTCPK:OIGBQ) 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

Orbital Infrastructure Group had a gross margin of 17.61% for the quarter that ended in Mar. 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.


Orbital Infrastructure Group Gross Margin % Related Terms

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


Orbital Infrastructure Group (Orbital Infrastructure Group) Business Description

Traded in Other Exchanges
N/A
Address
5444 Westheimer Road, Suite 1650, Houston, TX, USA, 77056
Orbital Infrastructure Group Inc is a diversified infrastructure services platform, providing engineering, design, construction, and maintenance services to customers in three operating segments namely electric power, telecommunications, and renewables.
Executives
Steve Cochennet director 4500 GREENWICH PLACE, AMARILLO TX 79119
James F Oneil director C/O FIRSTENERGY CORP., 76 SOUTH MAIN STREET, AKRON OH 44308
Nicholas M Grindstaff officer: Chief Financial Officer QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
La Doris Harris officer: CDO and CEO OSS ORBITAL ENERGY GROUP, INC., 1924 ALDINE WESTERN, HOUSTON TX 77038-1204
Jerry Sue Thornton director C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Laforrest V Williams director 1924 ALDINE WESTERN, HOUSTON TX 77038-1204
Paul T Addison director C/O FIRSTENERGY CORP., 76 S. MAIN ST., AKRON OH 44308
Daniel Ned Ford officer: Chief Financial Officer 20050 SW 112TH AVENUE, TUALATIN OR 97062
William J Clough director, officer: President/CEO 200 9TH AVENUE NORTH, SUITE 210, SAFETY HARBOR FL 34695
Sarah Tucker director 1707 1/2 POST OAK BLVD, HOUSTON TX 77056
Paul Dwayne White director 3271 SWEET DR, LAFAYETTE CA 94549
Matthew Murdock Mckenzie director, officer: Corporate Secretary 13120 SW BEDFORD ST, TIGARD OR 97224
Sean P Rooney director 20050 SW 112 AVENUE, TUALATIN OR 97062
Thomas A Price director 601 BRANNAN STREET, SAN FRANCISCO CA 94107
Joseph A Mills director EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968