CPS Technologies (CPS Technologies) Gross Margin % : 17.03% (As of Dec. 2023)

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What is CPS Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CPS Technologies's Gross Profit for the three months ended in Dec. 2023 was $1.15 Mil. CPS Technologies's Revenue for the three months ended in Dec. 2023 was $6.75 Mil. Therefore, CPS Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 17.03%.

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

CPSH' s Gross Margin % Range Over the Past 10 Years
Min: 11.37 Med: 20.66 Max: 27.46
Current: 20.81

During the past 13 years, the highest Gross Margin % of CPS Technologies was 27.46%. The lowest was 11.37%. And the median was 20.66%.

CPSH's Gross Margin % is ranked worse than
57.97% of 2439 companies
in the Hardware industry
Industry Median: 24.37 vs CPSH: 20.81

CPS Technologies had a gross margin of 17.03% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CPS Technologies was 17.40% per year.

CPS Technologies Gross Margin % Historical Data

The historical data trend for CPS 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.

CPS Technologies Gross Margin % Chart

CPS Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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11.83

19.98

21.34

27.46

24.77

CPS Technologies 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															31.62	29.60	19.67	17.03	15.32

Competitive Comparison of CPS Technologies's Gross Margin %

For the Electronic Components subindustry, CPS 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.

CPS Technologies's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CPS Technologies's Gross Margin % distribution charts can be found below:

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

CPS Technologies Gross Margin % Calculation

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

CPS 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 )
	=	6.8	/	27.551
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(27.551 - 20.726)	/	27.551
	=	24.77 %

CPS 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 )
	=	1.1	/	6.747
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6.747 - 5.598)	/	6.747
	=	17.03 %

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.

CPS Technologies (NAS:CPSH) 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

CPS Technologies had a gross margin of 17.03% for the quarter that ended in Dec. 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.

CPS Technologies Gross Margin % Related Terms

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

CPS Technologies (CPS Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPS Technologies Corp (NAS:CPSH) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 South Worcester Street, Norton, MA, USA, 02766-2102

Website

https://www.cpstechnologysolutions.com

CPS Technologies Corp provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. The company designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers.

Executives

Brian T Mackey	officer: CEO	792 WEST STREET, C108, MANSFIELD MA 02048
Ralph M Norwood	officer: Chief Financial Officer	111 SOUTH WORCESTER STREET, NORTON MA 02766
Peregrine Financial Corp	10 percent owner	222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Trust Company, Llc	10 percent owner	222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Holdings Llc	10 percent owner	222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Phoenix Venture Partners, Inc.	10 percent owner	222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Ard Master Lp	10 percent owner
Grant C Bennett	director, 10 percent owner, officer: President & CEO
Griffith Charles Kellogg Jr	officer: Chief Financial Officer	111 SOUTH WORCESTER STREET, NORTON MA 02766
Daniel C Snow	director	5 LODGE RD., BELMONT MA 02478
Thomas M Culligan	director	3000 TAFT STREET, HOLLYWOOD FL 33021
Michael E Mccormack	officer: Chief Operating Officer	111 SOUTH WORCESTER STREET, NORTON MA 02766
Thomas E Breen	officer: SVP, Sales & Marketing	111 SOUTH WORCESTER STREET, NORTON MA 02766
Richard W Adams	officer: Senior Vice-President & CTO	111 S. WORCESTER ST., NORTON MA 02766
Charles Darosa	officer: Vice-President, Operations	111 S. WORCESTER STREET, NORTON MA 02766