The historical rank and industry rank for EzFill Holdings's Gross Margin % or its related term are showing as below:
EZFL'
s Gross Margin % Range Over the Past 10 Years
Min: -1.16 Med: 2.02 Max: 6.79
Current: 6.79
During the past 5 years, the highestGross Margin % of EzFill Holdings was 6.79%. The lowest was -1.16%. And the median was 2.02%.
EZFL's Gross Margin % is ranked worse than 94.16% of 2638
companies
in the Software industry
Industry Median: 41.845
vs EZFL: 6.79
EzFill Holdings had a gross margin of 7.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for EzFill Holdings was 0.00% per year.
EzFill Holdings Gross Margin % Historical Data
The historical data trend for EzFill Holdings'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 EzFill Holdings's Gross Margin %
For the Software - Application subindustry, EzFill Holdings'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.
EzFill Holdings's Gross Margin % Distribution in the Software Industry
For the Software industry and Technology sector, EzFill Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where EzFill Holdings'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
EzFill Holdings had a gross margin of 7.00% for the quarter that ended in Mar. 2024 => No sustainable 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.
EzFill Holdings Gross Margin % Related Terms
Thank you for viewing the detailed overview of EzFill Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
EzFill Holdings (EzFill Holdings) Business Description
EzFill Holdings Inc is an application based on-demand fuel delivery company in Florida and the mobile fueling company that combines on-demand fills and subscription services which fill customer vehicles on routine intervals. It provides fuel-delivery on-demand or in subscription to fill customer vehicles on routine intervals for the consumer, fleet, marine, and other specialty markets. EzFill's app-based platform brings the gas station to customers with a growing fleet of EzFill-branded, Mobile Fueling Trucks. The company provides gas delivery via Mobile Fueling Trucks in the greater South Florida area as well as in the West Palm Beach, Jacksonville, Tampa, and Orlando areas, and expect to soon begin fueling in other areas in Florida.
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