The historical rank and industry rank for Byrna Technologies's Gross Margin % or its related term are showing as below:
BYRN'
s Gross Margin % Range Over the Past 10 Years
Min: 16.13 Med: 41.82 Max: 72.75
Current: 72.75
During the past 13 years, the highestGross Margin % of Byrna Technologies was 72.75%. The lowest was 16.13%. And the median was 41.82%.
BYRN's Gross Margin % is ranked better than 96.39% of 305
companies
in the Aerospace & Defense industry
Industry Median: 25.38
vs BYRN: 72.75
Byrna Technologies had a gross margin of 62.76% for the quarter that ended in Nov. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Byrna Technologies was 23.20% per year.
Byrna Technologies Gross Margin % Historical Data
The historical data trend for Byrna Technologies'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 Byrna Technologies's Gross Margin %
For the Aerospace & Defense subindustry, Byrna Technologies'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.
Byrna Technologies's Gross Margin % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Byrna Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Byrna Technologies'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.
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
Byrna Technologies had a gross margin of 62.76% for the quarter that ended in Nov. 2024 => Durable 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.
Byrna Technologies Gross Margin % Related Terms
Thank you for viewing the detailed overview of Byrna Technologies's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Byrna Technologies Inc is a designer, manufacturer, retailer, and distributor of technological solutions for security situations that do not require the use of lethal force. The company generates its revenue from the United States, South Africa, Europe, South America, Asia, and Canada.
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