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CirTran (CirTran) Gross Margin % : 63.17% (As of Mar. 2024)


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What is CirTran Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CirTran's Gross Profit for the three months ended in Mar. 2024 was $0.27 Mil. CirTran's Revenue for the three months ended in Mar. 2024 was $0.43 Mil. Therefore, CirTran's Gross Margin % for the quarter that ended in Mar. 2024 was 63.17%.


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

CIRX' s Gross Margin % Range Over the Past 10 Years
Min: -6.43   Med: 62.25   Max: 76.76
Current: 62.74


During the past 13 years, the highest Gross Margin % of CirTran was 76.76%. The lowest was -6.43%. And the median was 62.25%.

CIRX's Gross Margin % is ranked better than
91.46% of 480 companies
in the Conglomerates industry
Industry Median: 24.935 vs CIRX: 62.74

CirTran had a gross margin of 63.17% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


CirTran Gross Margin % Historical Data

The historical data trend for CirTran'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.

CirTran Gross Margin % Chart

CirTran Annual Data
Trend Dec11 Dec12 Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 48.24 64.97 59.51 62.25

CirTran Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 60.09 41.18 85.27 20.22 63.17

Competitive Comparison of CirTran's Gross Margin %

For the Conglomerates subindustry, CirTran'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.


CirTran's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CirTran's Gross Margin % distribution charts can be found below:

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



CirTran Gross Margin % Calculation

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

CirTran'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 )
=1 / 1.616
=(Revenue - Cost of Goods Sold) / Revenue
=(1.616 - 0.61) / 1.616
=62.25 %

CirTran's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.3 / 0.429
=(Revenue - Cost of Goods Sold) / Revenue
=(0.429 - 0.158) / 0.429
=63.17 %

* 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.


CirTran  (OTCPK:CIRX) 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

CirTran had a gross margin of 63.17% for the quarter that ended in Mar. 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.


CirTran Gross Margin % Related Terms

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


CirTran (CirTran) Business Description

Traded in Other Exchanges
N/A
Address
6360 S Pecos Road, Suite 8, Las Vegas, NV, USA, 89120
CirTran Corp offers diversified expertise in manufacturing, marketing, distribution, and technology services in a wide variety of consumer products, including tobacco products, and medical devices. The company operates under the brand name-HUSTLER and it sells products like condoms, electronic cigarettes, electronic cigars, cigars, hookahs, hookah tobacco, energy drinks, water beverages etc.
Executives
Shaher Hawatmeh officer: Chief Operating Officer 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
David Harmon officer: CHIEF FINANCIAL OFFICER 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Donald L Buehner director 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Trevor Saliba director, officer: Chief Marketing Officer 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Fadi Nora director 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Iehab J Hawatmeh director, officer: President & CEO 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Raed Hawatmeh director 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Richard T Ferrone officer: CFO 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128

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