Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ClearfieldCLFD +2.33%72 Gross Margin % is 31.79% as of Jun. 2026, which is 21% below its 10-year median of 40.33. GuruFocus rates CLFD with a GF Score™ of 72/100 and a GF Value™ of $39.25 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,454 Hardware companies, Clearfield ranks better than 66.22% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Clearfield's Gross Profit for the
three
months ended in Jun. 2026 was $13.9 Mil. Clearfield's Revenue for the
three
months ended in Jun. 2026 was $43.9 Mil. Therefore, Clearfield's Gross Margin % for the quarter that ended in Jun. 2026 was 31.79%.
Warning Sign:
Clearfield Inc gross margin has been in long-term decline. The average rate of decline per year is -9.2%.
The historical rank and industry rank for Clearfield's Gross Margin % or its related term are showing as below:
CLFD'
s Gross Margin % Range Over the Past 10 Years
Min: 20.58 Med: 40.33 Max: 43.66
Current: 33.01
During the past 13 years, the highestGross Margin % of Clearfield was 43.66%. The lowest was 20.58%. And the median was 40.33%.
CLFD's Gross Margin % is ranked better than 66.22% of 2454
companies
in the Hardware industry
Industry Median: 24.52
vs CLFD: 33.01
Clearfield had a gross margin of 31.79% for the quarter that ended in Jun. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Clearfield was -9.20% per year.
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
Clearfield had a gross margin of 31.79% for the quarter that ended in Jun. 2026 => 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.
Clearfield Gross Margin % Related Terms
Clearfield Gross Margin % Historical Data
* Premium members only.
The historical data trend for Clearfield'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.
CLFD vs BKTI, AVNW, LTRX: Gross Margin % Comparison
For the Communication Equipment subindustry, Clearfield'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.
Clearfield Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Clearfield's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Clearfield'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.
Clearfield (CLFD) has a Gross Margin % of 31.79% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Clearfield and its competitors. This is 21% below median its historical median of 40.33. Over the past decade, Clearfield's Gross Margin % has ranged from 20.58 to 43.66. According to the industry distribution chart, Clearfield ranks #829 out of 2454 companies in the Hardware industry, placing it in the top 33.8%.
Is Clearfield's Gross Margin % too high?
Clearfield's current Gross Margin % of 31.79% is 21% below median its 10-year median of 40.33. Over the past 10 years, this metric has ranged from a low of 20.58 to a high of 43.66. The Hardware industry median Gross Margin % is 24.52. Clearfield's value of 31.79% is 29.6% above this industry median. Based on the distribution chart, Clearfield ranks #829 out of 2454 companies in the Hardware industry, which is above the industry midpoint. Overall, Clearfield has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clearfield's Gross Margin % compare to BKTI and AVNW?
According to the Hardware industry distribution chart, Clearfield ranks #829 out of 2454 companies for Gross Margin %. This puts Clearfield in the upper half of its industry. The industry median Gross Margin % is 24.52. Clearfield's value of 31.79% is 29.6% above this benchmark. Historically, Clearfield's own Gross Margin % has ranged from 20.58 to 43.66 over the past decade. While the company's 10-year median is 40.33 vs. the industry median of 24.52, Clearfield 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 a Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,454 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. Clearfield's current Gross Margin % of 31.79% is 29.6% 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 Clearfield and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearfield's current Gross Margin % is 31.79%, which is 21% below median its own 10-year median of 40.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearfield stock overvalued right now?
Based on GuruFocus' analysis, Clearfield (CLFD) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.25, compared to a current price of $29.50 — trading 24.8% below its estimated fair value. The current Gross Margin % is 31.79%, which is 21% below median its 10-year median of 40.33 and 29.6% above the Hardware industry median of 24.52. Clearfield's overall GF Score™ is 72/100 with 4 warning signs to review. 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 Clearfield (CLFD), the current Gross Margin % is 31.79% as of Jun. 2026. 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.
Is Clearfield (CLFD) Overvalued in 2026?
Based on GuruFocus' analysis, Clearfield stock appears to be undervalued.
The current stock price of $29.50 is trading 24.8% below its estimated GF Value™ of $39.25.
GuruFocus considers Clearfield to be Modestly Undervalued.
Key valuation signals for CLFD:
Gross Margin %: 31.79% (21% below median its 10-year median of 40.33)
GF Value™: $39.25 vs. price of $29.50 (24.8% below fair value)
Industry Position: 29.6% above the Hardware median (#829 of 2454)
No single metric tells the full story. See the CLFD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clearfield Inc designs, manufactures, and distributes fiber protection, fiber management, and fiber delivery solutions to enable rapid and cost-effective fiber-fed deployment throughout the broadband service provider space prominently across North America. Its 'fiber to anywhere' platform serves the requirements of Community Broadband customers, Multiple System Operators, Large Regional Service Providers, National Carriers, and International customers (including Europe, Canada, Mexico, and Caribbean Markets). Its product offerings include Accessories, Cassettes, Cable & Drop Assemblies, Frames & Panels, Microducts, Optical Components, etc. The company derives the majority of its revenue from the United States.
72GF Score
Get the complete analysis for CLFD
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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