Origin Materials (Origin Materials) Gross Margin %

: 27.45% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Origin Materials's Gross Profit for the three months ended in Dec. 2023 was $3.59 Mil. Origin Materials's Revenue for the three months ended in Dec. 2023 was $13.06 Mil. Therefore, Origin Materials's Gross Margin % for the quarter that ended in Dec. 2023 was 27.45%.

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

ORGN' s Gross Margin % Range Over the Past 10 Years
Min: 18.1 Med: 18.1 Max: 18.1
Current: 18.1

During the past 4 years, the highest Gross Margin % of Origin Materials was 18.10%. The lowest was 18.10%. And the median was 18.10%.

ORGN's Gross Margin % is ranked worse than
62.09% of 1509 companies
in the Chemicals industry
Industry Median: 22.32 vs ORGN: 18.10

Origin Materials had a gross margin of 27.45% for the quarter that ended in Dec. 2023 => Competition eroding margins

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

Origin Materials Gross Margin % Historical Data

The historical data trend for Origin Materials'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.

Origin Materials Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

18.10

Origin Materials Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %											-	43.66	1.22	11.20	27.45

Competitive Comparison

For the Chemicals subindustry, Origin Materials'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.

Origin Materials Gross Margin % Distribution

For the Chemicals industry and Basic Materials sector, Origin Materials's Gross Margin % distribution charts can be found below:

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

Origin Materials Gross Margin % Calculation

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

Origin Materials'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 )
	=	5.2	/	28.805
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(28.805 - 23.591)	/	28.805
	=	18.10 %

Origin Materials'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 )
	=	3.6	/	13.063
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(13.063 - 9.477)	/	13.063
	=	27.45 %

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.

Origin Materials (NAS:ORGN) 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

Origin Materials had a gross margin of 27.45% 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.

Origin Materials Gross Margin % Related Terms

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Origin Materials (Origin Materials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Origin Materials Inc (NAS:ORGN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

5ER:Germany 5ER:Germany

Address

930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605

Website

https://www.originmaterials.com

Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process.

Executives

John Bissell	director, officer: President, Co-CEO and Director	C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Joshua C. Lee	officer: General Counsel	C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Richard J. Riley	director, officer: Co-CEO and Director	C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Matthew T Plavan	officer: Chief Financial Officer	C/O THERMOGENESIS CORP., 2711 CITRUS ROAD, RANCHO CORDOVA CA 95742
R Tony Tripeny	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Pamela Haley	officer: Interim CFO	202 COUSTEAU PLACE, DAVIS CA 95618
Karen A Richardson	director
James C. Stephanou	director	930 RIVERSIDE PKWY SUITE 10, WEST SACRAMENTO CA 95605
Craig A Rogerson	director	1313 N MARKET ST, WILMINGTON DE 19894
Boon Sim	director, 10 percent owner	C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Nathan S. Whaley	officer: Chief Financial Officer	C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Heidenmark Cook Pia Johanna	director	PRASTAV 672, VIKEN V7 263 61
Stephen Galowitz	officer: Chief Commercial Officer	C/O ORIGIN MATERIALS, INC., 3 COLUMBUS CIRCLE, SUITE 2215, NEW YORK NY 10019
Charles Drucker	director, 10 percent owner, officer: Executive Chairman	38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Benno O Dorer	director	1221 BROADWAY, OAKLAND CA 94612