The historical rank and industry rank for Comstock's Gross Margin % or its related term are showing as below:
During the past 13 years, the highestGross Margin % of Comstock was 74.26%. The lowest was -3232.69%. And the median was 13.92%.
LODE's Gross Margin % is not ranked *
in the Real Estate industry.
Industry Median: 36.8 * Ranked among companies with meaningful Gross Margin % only.
Comstock had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Comstock was 0.00% per year.
Comstock Gross Margin % Historical Data
The historical data trend for Comstock'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 Comstock's Gross Margin %
For the Real Estate Services subindustry, Comstock'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.
Comstock's Gross Margin % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Comstock's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Comstock'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.
Comstock (AMEX:LODE) 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
Comstock had a gross margin of N/A% 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.
Comstock Gross Margin % Related Terms
Thank you for viewing the detailed overview of Comstock's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Comstock Inc is engaged in technologies that efficiently use wasted and under-utilized natural resources to produce renewable energy and other products that contribute to balancing uses and emissions of carbon and enhance mineral and material discoveries. It has three operating segments; The renewable energy segment consists of technology and engineering services sales, licenses, royalties, demonstration plants and equipment, and research and development expenses, The mining segment consists of mining, mine development, metal processing, and environmental and reclamation operations, and The strategic and other investments segment includes all other activities, including investments in non-mining real estate and its equity method investments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LODE has been successfully added to your 