The historical rank and industry rank for Kewaunee Scientific's Gross Margin % or its related term are showing as below:
KEQU'
s Gross Margin % Range Over the Past 10 Years
Min: 14.34 Med: 17.8 Max: 26.01
Current: 26.01
During the past 13 years, the highestGross Margin % of Kewaunee Scientific was 26.01%. The lowest was 14.34%. And the median was 17.80%.
KEQU's Gross Margin % is ranked worse than 61.96% of 418
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.985
vs KEQU: 26.01
Kewaunee Scientific had a gross margin of 25.81% for the quarter that ended in Jul. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Kewaunee Scientific was 5.60% per year.
Kewaunee Scientific Gross Margin % Historical Data
The historical data trend for Kewaunee Scientific'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 Kewaunee Scientific's Gross Margin %
For the Furnishings, Fixtures & Appliances subindustry, Kewaunee Scientific'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.
Kewaunee Scientific's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kewaunee Scientific's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kewaunee Scientific'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
Kewaunee Scientific had a gross margin of 25.81% for the quarter that ended in Jul. 2024 => 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.
Kewaunee Scientific Gross Margin % Related Terms
Thank you for viewing the detailed overview of Kewaunee Scientific's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kewaunee Scientific Corp is engaged in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. The company operates through two segments: Domestic and International. The Domestic business segment designs manufacture and install scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, work surfaces, workstations, workbenches, and computer enclosures. The International business segment provides facility design, engineering, construction and project management from the planning stage through the testing and commissioning of laboratories. The company generates a majority of its revenue from the Domestic business segment.
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