OricaFRA:ICA +0.71%76 Gross Margin % is 54.28% as of Mar. 2026, which is 1% above its 10-year median of 53.69. GuruFocus rates FRA:ICA with a GF Score™ of 76/100 and a GF Value™ of €11.27 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,565 Chemicals companies, Orica ranks better than 93.35% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Orica's Gross Profit for the
six
months ended in Mar. 2026 was €1,280 Mil. Orica's Revenue for the
six
months ended in Mar. 2026 was €2,358 Mil. Therefore, Orica's Gross Margin % for the quarter that ended in Mar. 2026 was 54.28%.
The historical rank and industry rank for Orica's Gross Margin % or its related term are showing as below:
FRA:ICA'
s Gross Margin % Range Over the Past 10 Years
Min: 45.21 Med: 53.69 Max: 55.76
Current: 54.02
During the past 13 years, the highestGross Margin % of Orica was 55.76%. The lowest was 45.21%. And the median was 53.69%.
FRA:ICA's Gross Margin % is ranked better than 93.35% of 1565
companies
in the Chemicals industry
Industry Median: 23.38
vs FRA:ICA: 54.02
Orica had a gross margin of 54.28% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Orica was 0.20% per year.
Orica (FRA:ICA) 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
Orica had a gross margin of 54.28% for the quarter that ended in Mar. 2026 => Durable 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.
Orica Gross Margin % Related Terms
Orica Gross Margin % Historical Data
* Premium members only.
The historical data trend for Orica'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.
FRA:ICA vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, Orica'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.
Orica Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Orica's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Orica'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.
Orica (FRA:ICA) has a Gross Margin % of 54.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Orica and its competitors. This is near median its historical median of 53.69. Over the past decade, Orica's Gross Margin % has ranged from 45.21 to 55.76. According to the industry distribution chart, Orica ranks #104 out of 1565 companies in the Chemicals industry, placing it in the top 6.6%.
Is Orica's Gross Margin % too high?
Orica's current Gross Margin % of 54.28% is near median its 10-year median of 53.69. Over the past 10 years, this metric has ranged from a low of 45.21 to a high of 55.76. The Chemicals industry median Gross Margin % is 23.38. Orica's value of 54.28% is 132.2% above this industry median. Based on the distribution chart, Orica ranks #104 out of 1565 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Orica has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orica's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Orica ranks #104 out of 1565 companies for Gross Margin %. This places Orica in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.38. Orica's value of 54.28% is 132.2% above this benchmark. Historically, Orica's own Gross Margin % has ranged from 45.21 to 55.76 over the past decade. While the company's 10-year median is 53.69 vs. the industry median of 23.38, Orica 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,565 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. Orica's current Gross Margin % of 54.28% is 132.2% 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 Orica and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orica's current Gross Margin % is 54.28%, which is near median its own 10-year median of 53.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orica stock overvalued right now?
Based on GuruFocus' analysis, Orica (FRA:ICA) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.27, compared to a current price of €14.20 — trading 26% above its estimated fair value. The current Gross Margin % is 54.28%, which is near median its 10-year median of 53.69 and 132.2% above the Chemicals industry median of 23.38. Orica's overall GF Score™ is 76/100 with 6 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 Orica (FRA:ICA), the current Gross Margin % is 54.28% 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 Orica (FRA:ICA) Overvalued in 2026?
Based on GuruFocus' analysis, Orica stock appears to be overvalued.
The current stock price of €14.20 is trading 26% above its estimated GF Value™ of €11.27.
GuruFocus considers Orica to be Modestly Overvalued.
Key valuation signals for FRA:ICA:
Gross Margin %: 54.28% (near median its 10-year median of 53.69)
GF Value™: €11.27 vs. price of €14.20 (26% above fair value)
Industry Position: 132.2% above the Chemicals median (#104 of 1565)
No single metric tells the full story. See the FRA:ICA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orica is a leading global manufacturer and supplier of explosives and chemicals, primarily to the mining industry. It has operations in around 50 countries across six continents. Blasting solutions to the mining industry is the chief earnings engine. Orica has an approximate 28% share of the global commercial explosives market. It provided resins, steel bolts, and other products for underground mining and tunneling though this business is now sold. It also supplies chemicals such as sodium cyanide to the mining industry.
76GF Score
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