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American Science & Engineering (American Science & Engineering) Gross Margin % : 46.87% (As of Jun. 2016)


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What is American Science & Engineering Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. American Science & Engineering's Gross Profit for the three months ended in Jun. 2016 was $13.23 Mil. American Science & Engineering's Revenue for the three months ended in Jun. 2016 was $28.22 Mil. Therefore, American Science & Engineering's Gross Margin % for the quarter that ended in Jun. 2016 was 46.87%.


The historical rank and industry rank for American Science & Engineering's Gross Margin % or its related term are showing as below:


ASEI's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.34
* Ranked among companies with meaningful Gross Margin % only.

American Science & Engineering had a gross margin of 46.87% for the quarter that ended in Jun. 2016 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for American Science & Engineering was 0.00% per year.


American Science & Engineering Gross Margin % Historical Data

The historical data trend for American Science & 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.

* Premium members only.

American Science & Engineering Gross Margin % Chart

American Science & Engineering Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.75 42.54 40.29 45.18 44.89

American Science & Engineering Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 45.88 49.15 49.14 35.30 46.87

Competitive Comparison of American Science & Engineering's Gross Margin %

For the Scientific & Technical Instruments subindustry, American Science & 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.


American Science & Engineering's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, American Science & Engineering's Gross Margin % distribution charts can be found below:

* The bar in red indicates where American Science & Engineering's Gross Margin % falls into.



American Science & Engineering Gross Margin % Calculation

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

American Science & Engineering's Gross Margin for the fiscal year that ended in Mar. 2016 is calculated as

Gross Margin % (A: Mar. 2016 )=Gross Profit (A: Mar. 2016 ) / Revenue (A: Mar. 2016 )
=46.2 / 102.987
=(Revenue - Cost of Goods Sold) / Revenue
=(102.987 - 56.757) / 102.987
=44.89 %

American Science & Engineering's Gross Margin for the quarter that ended in Jun. 2016 is calculated as


Gross Margin % (Q: Jun. 2016 )=Gross Profit (Q: Jun. 2016 ) / Revenue (Q: Jun. 2016 )
=13.2 / 28.217
=(Revenue - Cost of Goods Sold) / Revenue
=(28.217 - 14.992) / 28.217
=46.87 %

* 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.


American Science & Engineering  (NAS:ASEI) 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

American Science & Engineering had a gross margin of 46.87% for the quarter that ended in Jun. 2016 => 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.


American Science & Engineering Gross Margin % Related Terms

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American Science & Engineering (American Science & Engineering) Business Description

Traded in Other Exchanges
N/A
Address
American Science & Engineering Inc is a Massachusetts corporation formed in 1958. The Company develops, manufactures, markets, and sells X-ray inspection and other detection products for homeland security, force protection, public safety, and other critical defense and security applications. It provides maintenance, warranty, engineering, training and operator services related to these products. The Company manufactures X-ray inspection products that can be used to inspect parcels, baggage, vehicles, pallets, cargo containers, and people. The Company sells its products throughout the world to a variety of customers, including authorities responsible for port and border security; customs agencies; military organizations; critical infrastructure and high threat commercial and government facilities; aviation security agencies; and law enforcement agencies. Its products are used by these customers to help combat terrorism, trade fraud, drug trafficking, weapons smuggling, and illegal immigration. Its products are also used for military force protection and general facility security. The Company's X-ray imaging products utilize several technologies including traditional transmission X-ray imaging, dual-energy transmission X-ray imaging, dual-energy/high-energy transmission X-ray imaging, Forwardscatter X-ray imaging and its proprietary Z Backscatter X-ray imaging. The Company's products and services include Cargo Inspection Systems, Mobile Cargo Inspection Systems, Parcel and Personnel Screening Inspection Systems, Custom Products, and Service and Support. The Company's customer base consists of government and commercial clients from both the United States and abroad. Domestically, the Company's primary client base is comprised of agencies of the U.S. government.
Executives
Don R Kania director C/O FEI COMPANY, 5350 NE DAWSON CREEK DRIVE, HILLSBORO OR 97124
Robert N Shaddock director 1050 WESTLAKES DRIVE, BERWYN PA 19312
Charles P Dougherty director, officer: President & CEO C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Diane J Basile officer: SVP, CFO and Treasurer MERCURY COMPUTER SYSTEMS, INC., 199 RIVERNECK ROAD, CHELMSFORD MA 01824
Jennifer L Vogel director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Kenneth Galaznik officer: SVP, CFO & Treasurer C/O AMERICAN SCIENCE AND ENGINEERING,INC, 829 MIDDLESEX TURNPIKE, BILLERICA MA 01821
Carl W Vogt director 10990 ROE AVENUE, OVERLAND PARK KS 66211-1213
Ernerst J Moniz director 30 IVAN ALLEN JR. BOULEVARD NW, ATLANTA GA 30308
Patricia Gray officer: SVP and GC C/O AMERICAN SCIENCE AND ENGINEERING INC, 829 MIDDLESEX TURNPIKE, BILLERICA MA 01821
William Grieco officer: Senior Vice President 830 CRESCENT CENTRE DRIVE, SUITE 610, FRANKLIN TN 37067

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