The historical rank and industry rank for Access Engineering's Gross Margin % or its related term are showing as below:
COL:AEL.N0000'
s Gross Margin % Range Over the Past 10 Years
Min: 13.4 Med: 19.97 Max: 36.16
Current: 36.16
During the past 13 years, the highestGross Margin % of Access Engineering was 36.16%. The lowest was 13.40%. And the median was 19.97%.
COL:AEL.N0000's Gross Margin % is ranked better than 79.84% of 1612
companies
in the Construction industry
Industry Median: 19.17
vs COL:AEL.N0000: 36.16
Access Engineering had a gross margin of 32.91% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Access Engineering was 7.60% per year.
Access Engineering Gross Margin % Historical Data
The historical data trend for Access Engineering'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 Access Engineering's Gross Margin %
For the Engineering & Construction subindustry, Access Engineering'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.
Access Engineering's Gross Margin % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Access Engineering's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Access Engineering'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.
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
Access Engineering had a gross margin of 32.91% for the quarter that ended in Dec. 2023 => Competition eroding margins
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.
Access Engineering Gross Margin % Related Terms
Thank you for viewing the detailed overview of Access Engineering's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Access Engineering (COL:AEL.N0000) Business Description
Access Engineering PLC is involved in the business of construction activities and the supply of construction-related services and materials. The company is divided into four segments namely The Construction segment includes the process of constructing buildings and other infrastructures; The Construction-Related Materials segment involves the Production and supply of construction-related materials such as asphalt products, quarry products, and others; The Property segment is engaged in the development of high rise buildings and The Automobile segment includes importing and distribution, or sale of motor vehicles, and spare parts. It generates a majority of its revenue from the Construction Segment. The activities of the Group are located mainly in Sri Lanka.
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