Dynatronics Corp gross margin has been in long-term decline. The average rate of decline per year is -5.5%.
The historical rank and industry rank for Dynatronics's Gross Margin % or its related term are showing as below:
DYNT'
s Gross Margin % Range Over the Past 10 Years
Min: 21.52 Med: 30.9 Max: 36.51
Current: 21.52
During the past 13 years, the highestGross Margin % of Dynatronics was 36.51%. The lowest was 21.52%. And the median was 30.90%.
DYNT's Gross Margin % is ranked worse than 87.06% of 796
companies
in the Medical Devices & Instruments industry
Industry Median: 53.575
vs DYNT: 21.52
Dynatronics had a gross margin of 22.33% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Dynatronics was -5.50% per year.
Dynatronics Gross Margin % Historical Data
The historical data trend for Dynatronics'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 Dynatronics's Gross Margin %
For the Medical Devices subindustry, Dynatronics'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.
Dynatronics's Gross Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Dynatronics's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Dynatronics'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.
Dynatronics (NAS:DYNT) 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
Dynatronics had a gross margin of 22.33% for the quarter that ended in Dec. 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.
Dynatronics Gross Margin % Related Terms
Thank you for viewing the detailed overview of Dynatronics's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dynatronics Corp is a United States-based company that is engaged in designing, manufacturing, and distributing advanced-technology medical devices, therapeutic and medical treatment tables, rehabilitation equipment, custom athletic training treatment tables and equipment, institutional cabinetry as well as other rehabilitation and therapy products and supplies. The company markets and sells its products to physical therapists, chiropractors, athletic trainers, sports medicine practitioners, and other medical professionals and institutions. It offers customers a one-stop-shop for their medical equipment and supply needs, including electrotherapy, therapeutic ultrasound, phototherapy, rehabilitation products, treatment tables, customized training room products, and exercise products.
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