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ClearSign Technologies (ClearSign Technologies) Gross Margin % : 43.80% (As of Dec. 2023)


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What is ClearSign Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ClearSign Technologies's Gross Profit for the three months ended in Dec. 2023 was $0.56 Mil. ClearSign Technologies's Revenue for the three months ended in Dec. 2023 was $1.27 Mil. Therefore, ClearSign Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 43.80%.


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

CLIR' s Gross Margin % Range Over the Past 10 Years
Min: -74.46   Med: 21.9   Max: 34
Current: 34


During the past 13 years, the highest Gross Margin % of ClearSign Technologies was 34.00%. The lowest was -74.46%. And the median was 21.90%.

CLIR's Gross Margin % is ranked better than
70.62% of 2937 companies
in the Industrial Products industry
Industry Median: 26.39 vs CLIR: 34.00

ClearSign Technologies had a gross margin of 43.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


ClearSign Technologies Gross Margin % Historical Data

The historical data trend for ClearSign Technologies'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.

ClearSign Technologies Gross Margin % Chart

ClearSign Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -74.46 31.02 34.00

ClearSign Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -14.00 11.86 86.00 28.24 43.80

Competitive Comparison of ClearSign Technologies's Gross Margin %

For the Pollution & Treatment Controls subindustry, ClearSign Technologies'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.


ClearSign Technologies's Gross Margin % Distribution in the Industrial Products Industry

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

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



ClearSign Technologies Gross Margin % Calculation

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

ClearSign Technologies'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 )
=0.8 / 2.403
=(Revenue - Cost of Goods Sold) / Revenue
=(2.403 - 1.586) / 2.403
=34.00 %

ClearSign Technologies's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.6 / 1.274
=(Revenue - Cost of Goods Sold) / Revenue
=(1.274 - 0.716) / 1.274
=43.80 %

* 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.


ClearSign Technologies  (NAS:CLIR) 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

ClearSign Technologies had a gross margin of 43.80% for the quarter that ended in Dec. 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.


ClearSign Technologies Gross Margin % Related Terms

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


ClearSign Technologies (ClearSign Technologies) Business Description

Traded in Other Exchanges
Address
8023 East 63rd Place, Suite 101, Tulsa, OK, USA, 74133
ClearSign Technologies Corp is engaged in providing solutions to some of the pressing productivity, energy efficiency, and pollution problems affecting the energy, oil, and gas production, boiler, and processing industries. It believes that its patented ClearSign Core technology can enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production and downstream refining), institutional, commercial, and industrial boiler, chemical, and petrochemical industries. The company offers products that include process burners, boiler burners, flares, and ClearSign Eye.
Executives
Lacy Catharine De director 6 VILLAGE NORTH DR, #107, HILTON HEAD SC 29926
Gary J. Dielsi director 18 PIERREPONT DRIVE, RIDGEFIELD CT 06877
Hoffman Robert Thurston Sr director, 10 percent owner 119 WARREN AVENUE, SPRING LAKE NJ 07762
Bruce Alan Pate director 23235 WALLING RD., GEYSERVILLE CA 95441
Brent Hinds officer: VP and Controller 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Judith S Schrecker director 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Susanne Meline director P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Deller Colin James officer: Chief Executive Officer C/O CLEARSIGN COMBUSTION CORP., 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Donald W Kendrick officer: Chief Technology Officer 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Brian Grant Fike officer: Chief Financial Officer 12755 SE 73RD PLACE, NEWCASTLE WA 98056-1315
Stephen Michael Sock officer: SVP, Business Development 4025 RAVENSWAY CT, PEARLAND TX 77584
Lon E Bell director C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
James M Simmons director
Clirspv Llc 10 percent owner 119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762-1217
Princeton Opportunity Management Llc 10 percent owner 119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762