NOVONIXFRA:GC3 -15.52%47 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates FRA:GC3 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 3,003 Industrial Products companies, NOVONIX ranks worse than 33300% on this metric.
NOVONIX Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.7%.
The historical rank and industry rank for NOVONIX's Gross Margin % or its related term are showing as below:
During the past 11 years, the highestGross Margin % of NOVONIX was 79.19%. The lowest was 13.41%. And the median was 65.02%.
FRA:GC3's Gross Margin % is not ranked *
in the Industrial Products industry.
Industry Median: 26.79 * Ranked among companies with meaningful Gross Margin % only.
NOVONIX had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for NOVONIX was -4.70% per year.
NOVONIX (FRA:GC3) 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
NOVONIX had a gross margin of N/A% for the quarter that ended in Dec. 2025 => 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.
NOVONIX Gross Margin % Related Terms
NOVONIX Gross Margin % Historical Data
* Premium members only.
The historical data trend for NOVONIX'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.
For the Electrical Equipment & Parts subindustry, NOVONIX'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.
NOVONIX Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NOVONIX's Gross Margin % distribution charts can be found below:
* The bar in red indicates where NOVONIX'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.
NOVONIX (FRA:GC3) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on NOVONIX and its competitors. Over the past decade, NOVONIX's Gross Margin % has ranged from 13.41 to 79.19. According to the industry distribution chart, NOVONIX ranks #999999 out of 3003 companies in the Industrial Products industry.
Is NOVONIX's Gross Margin % too high?
NOVONIX's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 13.41 to a high of 79.19. Based on the distribution chart, NOVONIX ranks #999999 out of 3003 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NOVONIX has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does NOVONIX's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, NOVONIX ranks #999999 out of 3003 companies for Gross Margin %. This places NOVONIX in the lower half of its industry. The industry median Gross Margin % is 26.79. Historically, NOVONIX's own Gross Margin % has ranged from 13.41 to 79.19 over the past decade. 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 3,003 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. 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 NOVONIX and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOVONIX's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOVONIX stock overvalued right now?
NOVONIX (FRA:GC3) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. NOVONIX's overall GF Score™ is 47/100 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 NOVONIX (FRA:GC3), the current Gross Margin % is 0.00% as of Dec. 2025. 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.
NOVONIX Ltd is a battery technology company developing and scaling materials and equipment critical to the lithium-ion battery supply chain. The company has three operating segments: Battery Materials: It develops and manufactures battery anode materials, ii) Battery Technology: It develops and manufactures battery cell testing equipment, performs consulting services and carries out research and development in battery development, and Graphite Exploration: It manages the maintenance and future development of Mount Dromedary natural graphite deposit. The majority of the company's revenue is derived from the Battery Technology segment. Geographically, the maximum revenue is derived from North America, followed by Asia, and Europe.
47GF Score
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