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Amerityre (Amerityre) Gross Margin % : 24.36% (As of Jun. 2022)


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What is Amerityre Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Amerityre's Gross Profit for the three months ended in Jun. 2022 was $0.47 Mil. Amerityre's Revenue for the three months ended in Jun. 2022 was $1.93 Mil. Therefore, Amerityre's Gross Margin % for the quarter that ended in Jun. 2022 was 24.36%.


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


AMTY's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.36
* Ranked among companies with meaningful Gross Margin % only.

Amerityre had a gross margin of 24.36% for the quarter that ended in Jun. 2022 => Competition eroding margins

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


Amerityre Gross Margin % Historical Data

The historical data trend for Amerityre'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.

Amerityre Gross Margin % Chart

Amerityre Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.39 29.36 27.99 26.40 27.02

Amerityre Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 20.64 27.58 22.71 33.10 24.36

Competitive Comparison of Amerityre's Gross Margin %

For the Auto Parts subindustry, Amerityre'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.


Amerityre's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Amerityre's Gross Margin % distribution charts can be found below:

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



Amerityre Gross Margin % Calculation

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

Amerityre's Gross Margin for the fiscal year that ended in Jun. 2022 is calculated as

Gross Margin % (A: Jun. 2022 )=Gross Profit (A: Jun. 2022 ) / Revenue (A: Jun. 2022 )
=1.8 / 6.496
=(Revenue - Cost of Goods Sold) / Revenue
=(6.496 - 4.741) / 6.496
=27.02 %

Amerityre's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=0.5 / 1.925
=(Revenue - Cost of Goods Sold) / Revenue
=(1.925 - 1.456) / 1.925
=24.36 %

* 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.


Amerityre  (OTCPK:AMTY) 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

Amerityre had a gross margin of 24.36% for the quarter that ended in Jun. 2022 => 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.


Amerityre Gross Margin % Related Terms

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


Amerityre (Amerityre) Business Description

Traded in Other Exchanges
N/A
Address
1501 Industrial Road, Boulder City, NV, USA, 89005
Amerityre Corp is engaged in the research and development, manufacturing, and sale of polyurethane tires. It has developed unique polyurethane formulations that allow us to make products with superior performance characteristics in the areas of abrasion resistance, energy efficiency, and load-bearing capabilities, in comparison to conventional rubber tires. The company engages in the manufacturing, marketing, distribution, and sales of flat free specialty tires and tire-wheel assemblies and currently is manufacturing these tires. It focuses on light duty polyurethane foam tires, polyurethane elastomer industrial tires, and agricultural tires.
Executives
George Duane Stoddard director 19832 SUNSET LANE, APPLE VALLEY CA 92308
David Scott Clark director 9057 WATERFIELD COURT, LAS VEGAS NV 89134
David Hollister director 1501 INDUSTRIAL RD., BOULDER CITY NV 89005
Terry Edwin Gilland director 8050 CASTLE PINES AVENUE, LAS VEGAS NV 89113
Michael Francis Sullivan director, officer: COO 1037 PLEASANT OAKS DRIVE, PLEASANT HILL CA 94523
Lynda R. Keeton-cardno officer: Chief Financial Officer 181 N. ARROYO GRANDE BLVD., STE. 140B, HENDERSON NV 89014
Glenn D Bougie director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Brian Hesje director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
John J Goldberg director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
L Wayne Arnett director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Timothy L Ryan director 1501 INDUSTRIAL RD, BOULDER CITY NV 89005
Gary M Tucker director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Kines Silas O Jr director 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Kapral Michael J Jr officer: VP Marketing 1501 INDUSTRIAL ROAD, BOULDER CITY NV 89005
Francis Edward Dosal director 4100 HIGHWOOD ROAD, ST. LOUIS PARK MN 55416