GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Broadwind Inc (NAS:BWEN) » Definitions » Gross Margin %

Broadwind (Broadwind) Gross Margin %

: 15.09% (As of Dec. 2023)
View and export this data going back to 2004. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Broadwind's Gross Profit for the three months ended in Dec. 2023 was $7.0 Mil. Broadwind's Revenue for the three months ended in Dec. 2023 was $46.6 Mil. Therefore, Broadwind's Gross Margin % for the quarter that ended in Dec. 2023 was 15.09%.


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

BWEN' s Gross Margin % Range Over the Past 10 Years
Min: 2.44   Med: 7.36   Max: 15.98
Current: 15.98


During the past 13 years, the highest Gross Margin % of Broadwind was 15.98%. The lowest was 2.44%. And the median was 7.36%.

BWEN's Gross Margin % is ranked worse than
79.35% of 2935 companies
in the Industrial Products industry
Industry Median: 26.42 vs BWEN: 15.98

Broadwind had a gross margin of 15.09% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Broadwind was 23.70% per year.


Broadwind Gross Margin % Historical Data

The historical data trend for Broadwind'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.

Broadwind Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.65 9.07 3.78 6.06 15.98

Broadwind Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 6.38 14.27 16.39 17.79 15.09

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Broadwind'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.


Broadwind Gross Margin % Distribution

For the Industrial Products industry and Industrials sector, Broadwind's Gross Margin % distribution charts can be found below:

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



Broadwind Gross Margin % Calculation

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

Broadwind'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 )
=32.5 / 203.477
=(Revenue - Cost of Goods Sold) / Revenue
=(203.477 - 170.969) / 203.477
=15.98 %

Broadwind'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 )
=7 / 46.598
=(Revenue - Cost of Goods Sold) / Revenue
=(46.598 - 39.566) / 46.598
=15.09 %

* 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.


Broadwind  (NAS:BWEN) 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

Broadwind had a gross margin of 15.09% 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.


Broadwind Gross Margin % Related Terms

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


Broadwind (Broadwind) Business Description

Traded in Other Exchanges
Address
3240 S. Central Avenue, Cicero, IL, USA, 60804
Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.
Executives
Sachin M Shivaram director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Thomas A. Wagner director 66 WEYRICK ROAD, TROY NY 12180
Hayes M. Kennedy officer: Chief Human Resources Officer 3240 S. CENTRAL AVE., CICERO IL 60804
Jeanette A. Press director 550 WEST ADAMS STREET, CHICAGO IL 60661
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Eric B. Blashford officer: Pres., Broadwind Towers, Inc. 3240 S. CENTRAL AVE., CICERO IL 60804
Daniel E. Schueller officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Stephanie K Kushner officer: Chief Financial Officer
Thomas A Ciccone officer: VP and Principal Acct Officer 3240 S. CENTRAL AVENUE, CICERO IL 60804
David P Reiland director N49 W13650 CAMPBELL DRIVE, MENOMONEE FALLS WI 53051
Jason Lee Bonfigt officer: VP and Corporate Controller 3240 S. CENTRAL AVE., CICERO IL 60804
Wayne W. Hanna officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Philip J Christman director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Mayo Gilbert W. Jr. officer: Pres., Process Systems 3240 S. CENTRAL AVE., CICERO IL 60804
Joseph V. Reisinger officer: VP, Business Development 3240 S. CENTRAL AVE., CICERO IL 60804