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Decker Manufacturing (Decker Manufacturing) Gross Margin % : 26.37% (As of Sep. 2023)


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What is Decker Manufacturing Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Decker Manufacturing's Gross Profit for the three months ended in Sep. 2023 was $1.04 Mil. Decker Manufacturing's Revenue for the three months ended in Sep. 2023 was $3.96 Mil. Therefore, Decker Manufacturing's Gross Margin % for the quarter that ended in Sep. 2023 was 26.37%.


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

DMFG' s Gross Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 26.37
Current: 26.37


During the past 0 years, the highest Gross Margin % of Decker Manufacturing was 26.37%. The lowest was 0.00%. And the median was 0.00%.

DMFG's Gross Margin % is ranked worse than
50.03% of 2934 companies
in the Industrial Products industry
Industry Median: 26.38 vs DMFG: 26.37

Decker Manufacturing had a gross margin of 26.37% for the quarter that ended in Sep. 2023 => Competition eroding margins

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


Decker Manufacturing Gross Margin % Historical Data

The historical data trend for Decker Manufacturing'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.

Decker Manufacturing Gross Margin % Chart

Decker Manufacturing Annual Data
Trend
Gross Margin %

Decker Manufacturing Quarterly Data
Sep22 Sep23
Gross Margin % 24.34 26.37

Competitive Comparison of Decker Manufacturing's Gross Margin %

For the Tools & Accessories subindustry, Decker Manufacturing'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.


Decker Manufacturing's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Decker Manufacturing's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Decker Manufacturing's Gross Margin % falls into.



Decker Manufacturing Gross Margin % Calculation

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

Decker Manufacturing's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

Decker Manufacturing's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1 / 3.956
=(Revenue - Cost of Goods Sold) / Revenue
=(3.956 - 2.913) / 3.956
=26.37 %

* 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.


Decker Manufacturing  (OTCPK:DMFG) 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

Decker Manufacturing had a gross margin of 26.37% for the quarter that ended in Sep. 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.


Decker Manufacturing Gross Margin % Related Terms

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Decker Manufacturing (Decker Manufacturing) Business Description

Traded in Other Exchanges
N/A
Address
703 North Clark Street, Albion, MI, USA, 49224
Decker Manufacturing Corp is engaged in supplying high-quality fasteners to the automotive, farm implement, highway, and construction industries. Its products include hex nuts, weld nuts, pipe plugs, and other industrial fasteners.

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