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Global Water Resources (Global Water Resources) Gross Margin % : 71.71% (As of Mar. 2024)


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What is Global Water Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Global Water Resources's Gross Profit for the three months ended in Mar. 2024 was $8.33 Mil. Global Water Resources's Revenue for the three months ended in Mar. 2024 was $11.61 Mil. Therefore, Global Water Resources's Gross Margin % for the quarter that ended in Mar. 2024 was 71.71%.


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

GWRS' s Gross Margin % Range Over the Past 10 Years
Min: 68   Med: 75.37   Max: 76.83
Current: 74.44


During the past 10 years, the highest Gross Margin % of Global Water Resources was 76.83%. The lowest was 68.00%. And the median was 75.37%.

GWRS's Gross Margin % is ranked better than
95.01% of 501 companies
in the Utilities - Regulated industry
Industry Median: 29.23 vs GWRS: 74.44

Global Water Resources had a gross margin of 71.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Global Water Resources Gross Margin % Historical Data

The historical data trend for Global Water Resources'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.

Global Water Resources Gross Margin % Chart

Global Water Resources 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 74.87 75.30 75.43 75.66 76.11

Global Water Resources 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 78.76 75.53 75.32 74.84 71.71

Competitive Comparison of Global Water Resources's Gross Margin %

For the Utilities - Regulated Water subindustry, Global Water Resources'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.


Global Water Resources's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Global Water Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Global Water Resources's Gross Margin % falls into.



Global Water Resources Gross Margin % Calculation

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

Global Water Resources'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 )
=40.4 / 53.028
=(Revenue - Cost of Goods Sold) / Revenue
=(53.028 - 12.669) / 53.028
=76.11 %

Global Water Resources'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 )
=8.3 / 11.61
=(Revenue - Cost of Goods Sold) / Revenue
=(11.61 - 3.284) / 11.61
=71.71 %

* 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.


Global Water Resources  (NAS:GWRS) 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

Global Water Resources had a gross margin of 71.71% 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.


Global Water Resources Gross Margin % Related Terms

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


Global Water Resources (Global Water Resources) Business Description

Traded in Other Exchanges
N/A
Address
21410 N. 19th Avenue, Suite 220, Phoenix, AZ, USA, 85027
Global Water Resources Inc operates as a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona. It operate within the State of Arizona.
Executives
Andrew M. Cohn director C/O GARY GOTTO, KELLER ROHRBACK LLP, 3101 NORTH CENTRAL AVENUE, #1400, PHOENIX AZ 85012
Suzanne Michelle Kitts officer: Vice President and Controller C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVE, SUITE 220, PHOENIX AZ 85027
William S Levine director, 10 percent owner GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
Jonathan L Levine director 21410 N. 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Debra Coy director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Christopher D Krygier officer: Chief Strategy Officer C/O GLOBAL WATER RESOURCES, INC., 21410 N. 19TH AVE, SUITE 220, PHOENIX AZ 85027
Brett Huckelbridge director C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
John Carroll Lenderking officer: VP, Water Resources C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Heather M Krupa officer: Vice President and Controller C/O GLOBAL WATER RESOURCES, INC.,, 21410 N. 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Cindy M Bowers director 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
David Rousseau director C/O GLOBAL WATER RESOURCES, 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Jason Thuneman officer: Vice President C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Trevor T Hill director, 10 percent owner 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
Michael J Liebman officer: See Remarks C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Jonathan C. Corwin officer: Vice President C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027