The historical rank and industry rank for Taylor Devices's Gross Margin % or its related term are showing as below:
TAYD'
s Gross Margin % Range Over the Past 10 Years
Min: 14.1 Med: 29.89 Max: 43.7
Current: 43.7
During the past 13 years, the highestGross Margin % of Taylor Devices was 43.70%. The lowest was 14.10%. And the median was 29.89%.
TAYD's Gross Margin % is ranked better than 85.73% of 2937
companies
in the Industrial Products industry
Industry Median: 26.42
vs TAYD: 43.70
Taylor Devices had a gross margin of 46.95% for the quarter that ended in Feb. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Taylor Devices was 6.20% per year.
Taylor Devices Gross Margin % Historical Data
The historical data trend for Taylor Devices'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.
Competitive Comparison of Taylor Devices's Gross Margin %
For the Specialty Industrial Machinery subindustry, Taylor Devices'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.
Taylor Devices's Gross Margin % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Taylor Devices's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Taylor Devices's Gross Margin % falls into.
* 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.
Taylor Devices (NAS:TAYD) 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
Taylor Devices had a gross margin of 46.95% 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.
Taylor Devices Gross Margin % Related Terms
Thank you for viewing the detailed overview of Taylor Devices's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Taylor Devices (Taylor Devices) Business Description
Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.
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