Rubicon Water (ASX:RWL) Gross Margin %: 35.47% (As of Dec. 2025) — 13% Below Median


What is Rubicon Water Gross Margin %?

Rubicon Water ASX:RWL +1.64% Gross Margin % is 35.47% as of Dec. 2025, which is 13% below its 10-year median of 40.71. The stock has 2 warning signs investors should review. Among 489 Utilities - Regulated companies, Rubicon Water ranks better than 64.21% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Rubicon Water's Gross Profit for the six months ended in Dec. 2025 was A$10.30 Mil. Rubicon Water's Revenue for the six months ended in Dec. 2025 was A$29.02 Mil. Therefore, Rubicon Water's Gross Margin % for the quarter that ended in Dec. 2025 was 35.47%.


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

ASX:RWL' s Gross Margin % Range Over the Past 10 Years
Min: 33.71   Med: 40.71   Max: 41.44
Current: 38.24


During the past 4 years, the highest Gross Margin % of Rubicon Water was 41.44%. The lowest was 33.71%. And the median was 40.71%.

ASX:RWL's Gross Margin % is ranked better than
64.21% of 489 companies
in the Utilities - Regulated industry
Industry Median: 30.88 vs ASX:RWL: 38.24

Rubicon Water had a gross margin of 35.47% for the quarter that ended in Dec. 2025 => Competition eroding margins

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


Rubicon Water  (ASX:RWL) 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

Rubicon Water had a gross margin of 35.47% for the quarter that ended in Dec. 2025 => 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.


Rubicon Water Gross Margin % Related Terms


Rubicon Water Gross Margin % Historical Data

* Premium members only.

The historical data trend for Rubicon Water'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.

Rubicon Water Gross Margin % Chart

Rubicon Water Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Gross Margin %
41.44 33.71 40.18 41.24

Rubicon Water Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.01 36.41 42.20 40.40 35.47

ASX:RWL vs AWK, WTRG, AWR: Gross Margin % Comparison

For the Utilities - Regulated Water subindustry, Rubicon Water'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.


Rubicon Water Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rubicon Water's Gross Margin % distribution charts can be found below:

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



Rubicon Water Gross Margin % Calculation

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

Rubicon Water's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=28.5 / 69.068
=(Revenue - Cost of Goods Sold) / Revenue
=(69.068 - 40.587) / 69.068
=41.24 %

Rubicon Water's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=10.3 / 29.022
=(Revenue - Cost of Goods Sold) / Revenue
=(29.022 - 18.727) / 29.022
=35.47 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 35.47% mean?
Rubicon Water (ASX:RWL) has a Gross Margin % of 35.47% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Rubicon Water and its competitors. This is 13% below median its historical median of 40.71. Over the past decade, Rubicon Water's Gross Margin % has ranged from 33.71 to 41.44. According to the industry distribution chart, Rubicon Water ranks #175 out of 489 companies in the Utilities - Regulated industry, placing it in the top 35.8%.
Is Rubicon Water's Gross Margin % too high?
Rubicon Water's current Gross Margin % of 35.47% is 13% below median its 10-year median of 40.71. Over the past 10 years, this metric has ranged from a low of 33.71 to a high of 41.44. The Utilities - Regulated industry median Gross Margin % is 30.88. Rubicon Water's value of 35.47% is 14.9% above this industry median. Based on the distribution chart, Rubicon Water ranks #175 out of 489 companies in the Utilities - Regulated industry, which is above the industry midpoint.
How does Rubicon Water's Gross Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Rubicon Water ranks #175 out of 489 companies for Gross Margin %. This puts Rubicon Water in the upper half of its industry. The industry median Gross Margin % is 30.88. Rubicon Water's value of 35.47% is 14.9% above this benchmark. Historically, Rubicon Water's own Gross Margin % has ranged from 33.71 to 41.44 over the past decade. While the company's 10-year median is 40.71 vs. the industry median of 30.88, Rubicon Water has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rubicon Water's current Gross Margin % of 35.47% is 14.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Rubicon Water and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rubicon Water's current Gross Margin % is 35.47%, which is 13% below median its own 10-year median of 40.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rubicon Water stock overvalued right now?
Based on GuruFocus' analysis, Rubicon Water (ASX:RWL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.29, compared to a current price of A$0.06 — trading 78.6% below its estimated fair value. The current Gross Margin % is 35.47%, which is 13% below median its 10-year median of 40.71 and 14.9% above the Utilities - Regulated industry median of 30.88. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Rubicon Water (ASX:RWL), the current Gross Margin % is 35.47% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rubicon Water Business Description

Address 1 Cato Street, Hawthorn East, Melbourne, VIC, AUS, 3123
Rubicon Water Ltd is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. It generates revenue through sales of hardware, software, and services, as well as from ongoing maintenance of the installed end-to-end solution base.