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CalAmp (CalAmp) Gross Margin %

: 32.77% (As of Nov. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. CalAmp's Gross Profit for the three months ended in Nov. 2023 was $17.6 Mil. CalAmp's Revenue for the three months ended in Nov. 2023 was $53.6 Mil. Therefore, CalAmp's Gross Margin % for the quarter that ended in Nov. 2023 was 32.77%.

Warning Sign:

CalAmp Corp gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


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

CAMP' s Gross Margin % Range Over the Past 10 Years
Min: 33.88   Med: 39.34   Max: 41.24
Current: 35.78


During the past 13 years, the highest Gross Margin % of CalAmp was 41.24%. The lowest was 33.88%. And the median was 39.34%.

CAMP's Gross Margin % is ranked better than
71.46% of 2439 companies
in the Hardware industry
Industry Median: 24.5 vs CAMP: 35.78

CalAmp had a gross margin of 32.77% for the quarter that ended in Nov. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CalAmp was -1.30% per year.


CalAmp Gross Margin % Historical Data

The historical data trend for CalAmp'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.

CalAmp Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.41 39.00 39.67 41.20 36.96

CalAmp Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 33.74 35.33 38.17 36.21 32.77

Competitive Comparison

For the Communication Equipment subindustry, CalAmp'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.


CalAmp Gross Margin % Distribution

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

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



CalAmp Gross Margin % Calculation

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

CalAmp's Gross Margin for the fiscal year that ended in Feb. 2023 is calculated as

Gross Margin % (A: Feb. 2023 )=Gross Profit (A: Feb. 2023 ) / Revenue (A: Feb. 2023 )
=109 / 294.949
=(Revenue - Cost of Goods Sold) / Revenue
=(294.949 - 185.938) / 294.949
=36.96 %

CalAmp's Gross Margin for the quarter that ended in Nov. 2023 is calculated as


Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=17.6 / 53.625
=(Revenue - Cost of Goods Sold) / Revenue
=(53.625 - 36.051) / 53.625
=32.77 %

* 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.


CalAmp  (NAS:CAMP) 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

CalAmp had a gross margin of 32.77% for the quarter that ended in Nov. 2023 => 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.


CalAmp Gross Margin % Related Terms

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


CalAmp (CalAmp) Business Description

Traded in Other Exchanges
Address
15635 Alton Parkway, Suite 250, Irvine, CA, USA, 92618
CalAmp Corp provides wireless communications solutions applications to customers. The company's products, software, and application services are sold into a broad array of market verticals, including transportation, government, construction, and automotive to customers in the United States; Latin America; Europe the Middle East, and Africa; Asia-Pacific; and others. Its business activities are organized into its Telematics Systems and Software & Subscription Services. The Telematics Systems segment offers a series of Mobile Resource Management ('MRM') telematics products and applications. The software & Subscription Services segment offers cloud-based application enablement and telematics service platforms.
Executives
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Jikun Kim officer: Chief Financial Officer 181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Jeffery R Gardner director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Xiaolian Zhang officer: SVP, CFO (interim) C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Erik Schulz officer: Chief Acctg Officer (interim) C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
272 Capital Lp director, other: See Remarks 3811 TURTLE CREEK BLVD, SUITE 2100, DALLAS TX 75219
Brennen Carson officer: Chief Revenue Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Berkel Monica Van officer: Chief People Officer 10420 RESEARCH ROAD, SE, ALBUQUERQUE NM 87123
Richard M. Scott officer: Chief Legal Officer, Secretary C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Jeffrey P. Clark officer: Chief Product Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Nathan Lowstuter officer: Chief Supply Chain Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Kurtis Joseph Binder officer: Executive VP & CFO C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
Henry J Maier director 1000 FEDEX DRIVE, MOON TOWNSHIP PA 15108
Kirsten O. Wolberg director 900 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085