EuroDryEDRY +0.43%56 Gross Margin % is 31.32% as of Mar. 2026, which is 43% above its 10-year median of 21.84. GuruFocus rates EDRY with a GF Score™ of 56/100 and a GF Value™ of $15.99 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 985 Transportation companies, EuroDry ranks better than 54.42% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. EuroDry's Gross Profit for the
three
months ended in Mar. 2026 was $4.01 Mil. EuroDry's Revenue for the
three
months ended in Mar. 2026 was $12.79 Mil. Therefore, EuroDry's Gross Margin % for the quarter that ended in Mar. 2026 was 31.32%.
Warning Sign:
EuroDry Ltd gross margin has been in long-term decline. The average rate of decline per year is -10%.
The historical rank and industry rank for EuroDry's Gross Margin % or its related term are showing as below:
EDRY'
s Gross Margin % Range Over the Past 10 Years
Min: -4.33 Med: 21.84 Max: 68.09
Current: 22.88
During the past 10 years, the highestGross Margin % of EuroDry was 68.09%. The lowest was -4.33%. And the median was 21.84%.
EDRY's Gross Margin % is ranked better than 54.42% of 985
companies
in the Transportation industry
Industry Median: 20.42
vs EDRY: 22.88
EuroDry had a gross margin of 31.32% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for EuroDry was -10.00% per year.
EuroDry (NAS:EDRY) 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
EuroDry had a gross margin of 31.32% for the quarter that ended in Mar. 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.
EuroDry Gross Margin % Related Terms
EuroDry Gross Margin % Historical Data
* Premium members only.
The historical data trend for EuroDry'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.
EDRY vs HMR, GLBS, USEA: Gross Margin % Comparison
For the Marine Shipping subindustry, EuroDry'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.
EuroDry Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, EuroDry's Gross Margin % distribution charts can be found below:
* The bar in red indicates where EuroDry'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.
EuroDry (EDRY) has a Gross Margin % of 31.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on EuroDry and its competitors. This is 43% above median its historical median of 21.84. According to the industry distribution chart, EuroDry ranks #449 out of 985 companies in the Transportation industry, placing it in the top 45.6%.
Is EuroDry's Gross Margin % too high?
EuroDry's current Gross Margin % of 31.32% is 43% above median its 10-year median of 21.84. The Transportation industry median Gross Margin % is 20.42. EuroDry's value of 31.32% is 53.4% above this industry median. Based on the distribution chart, EuroDry ranks #449 out of 985 companies in the Transportation industry, which is above the industry midpoint. Overall, EuroDry has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EuroDry's Gross Margin % compare to HMR and GLBS?
According to the Transportation industry distribution chart, EuroDry ranks #449 out of 985 companies for Gross Margin %. This puts EuroDry in the upper half of its industry. The industry median Gross Margin % is 20.42. EuroDry's value of 31.32% is 53.4% above this benchmark. While the company's 10-year median is 21.84 vs. the industry median of 20.42, EuroDry 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 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. EuroDry's current Gross Margin % of 31.32% is 53.4% 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 EuroDry and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EuroDry's current Gross Margin % is 31.32%, which is 43% above median its own 10-year median of 21.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EuroDry stock overvalued right now?
Based on GuruFocus' analysis, EuroDry (EDRY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.99, compared to a current price of $23.55 — trading 47.3% above its estimated fair value. The current Gross Margin % is 31.32%, which is 43% above median its 10-year median of 21.84 and 53.4% above the Transportation industry median of 20.42. EuroDry's overall GF Score™ is 56/100 with 8 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 EuroDry (EDRY), the current Gross Margin % is 31.32% as of Mar. 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 EuroDry (EDRY) Overvalued in 2026?
Based on GuruFocus' analysis, EuroDry stock appears to be overvalued.
The current stock price of $23.55 is trading 47.3% above its estimated GF Value™ of $15.99.
GuruFocus considers EuroDry to be Significantly Overvalued.
Key valuation signals for EDRY:
Gross Margin %: 31.32% (43% above median its 10-year median of 21.84)
GF Value™: $15.99 vs. price of $23.55 (47.3% above fair value)
Industry Position: 53.4% above the Transportation median (#449 of 985)
No single metric tells the full story. See the EDRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EuroDry Ltd is a holding company. It is a provider of ocean-going transportation. The company owns and operates dry bulk carriers that transport bulk such as iron ore, coal, and grains, and minor bulks such as bauxite, phosphate, and fertilizers. It operates under one operating and one reportable segment, that of operating dry bulk vessels.
56GF Score
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