Path2 Hydrogen AG (FRA:PTHH) Gross Margin %: 0.00% (As of Dec. 2025)


FRA:PTHH Path2 Hydrogen AG FRA:PTHH
23 GF Score
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! 5 Warning Signs
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What is Path2 Hydrogen AG Gross Margin %?

Path2 Hydrogen AG FRA:PTHH 23 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates FRA:PTHH with a GF Score™ of 23/100. The stock has 5 warning signs investors should review. Among 489 Utilities - Regulated companies, Path2 Hydrogen AG ranks better than 61.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Path2 Hydrogen AG's Gross Profit for the six months ended in Dec. 2025 was €0.24 Mil. Path2 Hydrogen AG's Revenue for the six months ended in Dec. 2025 was €0.24 Mil. Therefore, Path2 Hydrogen AG's Gross Margin % for the quarter that ended in Dec. 2025 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Path2 Hydrogen AG's Gross Margin % or its related term are showing as below:

FRA:PTHH' s Gross Margin % Range Over the Past 10 Years
Min: 2.13   Med: 2.13   Max: 37.16
Current: 37.16


During the past 13 years, the highest Gross Margin % of Path2 Hydrogen AG was 37.16%. The lowest was 2.13%. And the median was 2.13%.

FRA:PTHH's Gross Margin % is ranked better than
61.76% of 489 companies
in the Utilities - Regulated industry
Industry Median: 31.04 vs FRA:PTHH: 37.16

Path2 Hydrogen AG 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 Path2 Hydrogen AG was 0.00% per year.


Path2 Hydrogen AG  (FRA:PTHH) 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

Path2 Hydrogen AG 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.


Path2 Hydrogen AG Gross Margin % Related Terms


Path2 Hydrogen AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for Path2 Hydrogen AG'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.

Path2 Hydrogen AG Gross Margin % Chart

Path2 Hydrogen AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Path2 Hydrogen AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 16.30 0.00 -76.92 0.00

FRA:PTHH vs ATO, NI, UGI: Gross Margin % Comparison

For the Utilities - Regulated Gas subindustry, Path2 Hydrogen AG'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.


Path2 Hydrogen AG Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Path2 Hydrogen AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Path2 Hydrogen AG's Gross Margin % falls into.


FRA:PTHH
23GF Score
Path2 Hydrogen AG FRA:PTHH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Path2 Hydrogen AG Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Path2 Hydrogen AG's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=0.4 / 0.365
=(Revenue - Cost of Goods Sold) / Revenue
=(0.365 - 0) / 0.365
=N/A %

Path2 Hydrogen AG's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0.2 / 0.236
=(Revenue - Cost of Goods Sold) / Revenue
=(0.236 - 0) / 0.236
=N/A %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Path2 Hydrogen AG (FRA:PTHH) 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 Path2 Hydrogen AG and its competitors. Over the past decade, Path2 Hydrogen AG's Gross Margin % has ranged from 2.13 to 37.16. According to the industry distribution chart, Path2 Hydrogen AG ranks #187 out of 489 companies in the Utilities - Regulated industry, placing it in the top 38.2%.
Is Path2 Hydrogen AG's Gross Margin % too high?
Path2 Hydrogen AG's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 37.16. Based on the distribution chart, Path2 Hydrogen AG ranks #187 out of 489 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Path2 Hydrogen AG has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Path2 Hydrogen AG's Gross Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Path2 Hydrogen AG ranks #187 out of 489 companies for Gross Margin %. This puts Path2 Hydrogen AG in the upper half of its industry. The industry median Gross Margin % is 31.04. Historically, Path2 Hydrogen AG's own Gross Margin % has ranged from 2.13 to 37.16 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 Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 31.04, based on 489 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 Path2 Hydrogen AG and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 31.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Path2 Hydrogen AG'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 Path2 Hydrogen AG stock overvalued right now?
Path2 Hydrogen AG (FRA:PTHH) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Path2 Hydrogen AG's overall GF Score™ is 23/100 with 5 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 Path2 Hydrogen AG (FRA:PTHH), 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.

Path2 Hydrogen AG Business Description

Other Exchanges PTHH:Germany
Address Uhlandstrasse 32, No. 750, Berlin, BB, DEU, 10719
Path2 Hydrogen AG is focused on advancing the hydrogen infrastructure economy. It involves in liquefaction, transfer and storage of hydrogen and equipment.
23GF Score

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