HERC (H.E.R.C. Products) Gross Margin %: 31.45% (As of Jun. 2004)

What is H.E.R.C. Products Gross Margin %?

H.E.R.C. Products HERC Gross Margin % is 31.45% as of Jun. 2004.

Gross Margin % is calculated as gross profit divided by its revenue. H.E.R.C. Products's Gross Profit for the three months ended in Jun. 2004 was $0.47 Mil. H.E.R.C. Products's Revenue for the three months ended in Jun. 2004 was $1.50 Mil. Therefore, H.E.R.C. Products's Gross Margin % for the quarter that ended in Jun. 2004 was 31.45%.

The historical rank and industry rank for H.E.R.C. Products's Gross Margin % or its related term are showing as below:

HERC's Gross Margin % is not ranked ^*
in the Chemicals industry.
Industry Median: 23.38
* Ranked among companies with meaningful Gross Margin % only.

H.E.R.C. Products had a gross margin of 31.45% for the quarter that ended in Jun. 2004 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for H.E.R.C. Products was 0.00% per year.

H.E.R.C. Products (OTCPK:HERC) 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

H.E.R.C. Products had a gross margin of 31.45% for the quarter that ended in Jun. 2004 => 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.

H.E.R.C. Products Gross Margin % Related Terms

H.E.R.C. Products Gross Margin % Historical Data

* Premium members only.

The historical data trend for H.E.R.C. Products'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.

H.E.R.C. Products Gross Margin % Chart

H.E.R.C. Products Annual Data

Trend

Dec94

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Gross Margin %

Get a 7-Day Free Trial

60.06

46.75

41.95

42.54

33.28

H.E.R.C. Products Quarterly Data
	Dec98	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04
Gross Margin %	Get a 7-Day Free Trial															28.44	19.39	43.30	35.57	31.45

HERC vs CABN, TEKXD, DLYT: Gross Margin % Comparison

For the Specialty Chemicals subindustry, H.E.R.C. Products'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.

H.E.R.C. Products Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.E.R.C. Products's Gross Margin % distribution charts can be found below:

* The bar in red indicates where H.E.R.C. Products's Gross Margin % falls into.

Save Embed

H.E.R.C. Products Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

H.E.R.C. Products's Gross Margin for the fiscal year that ended in Dec. 2003 is calculated as

Gross Margin % (A: Dec. 2003 )	=	Gross Profit (A: Dec. 2003 )	/	Revenue (A: Dec. 2003 )
	=	1.9	/	5.838
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.838 - 3.895)	/	5.838
	=	33.28 %

H.E.R.C. Products's Gross Margin for the quarter that ended in Jun. 2004 is calculated as

Gross Margin % (Q: Jun. 2004 )	=	Gross Profit (Q: Jun. 2004 )	/	Revenue (Q: Jun. 2004 )
	=	0.5	/	1.501
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.501 - 1.029)	/	1.501
	=	31.45 %

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 31.45% mean?

H.E.R.C. Products (HERC) has a Gross Margin % of 31.45% as of Jun. 2004. Gross margin is the ratio of total gross profit to net sales. View historical data on H.E.R.C. Products and its competitors.

Is H.E.R.C. Products' Gross Margin % too high?

H.E.R.C. Products' current Gross Margin % is 31.45%. The Chemicals industry median Gross Margin % is 23.38. H.E.R.C. Products' value of 31.45% is 34.5% above this industry median.

How does H.E.R.C. Products' Gross Margin % compare to CABN and TEKXD?

H.E.R.C. Products' Gross Margin % of 31.45% can be compared against companies in the Chemicals industry. The industry median Gross Margin % is 23.38. H.E.R.C. Products' value of 31.45% is 34.5% above this benchmark. 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. H.E.R.C. Products's current Gross Margin % of 31.45% is 34.5% 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 H.E.R.C. Products 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. H.E.R.C. Products's current Gross Margin % is 31.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is H.E.R.C. Products stock overvalued right now?

H.E.R.C. Products (HERC) has a current Gross Margin % of 31.45%. The current Gross Margin % is 31.45% and 34.5% above the Chemicals industry median of 23.38. 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 H.E.R.C. Products (HERC), the current Gross Margin % is 31.45% as of Jun. 2004. 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.

H.E.R.C. Products Business Description

Industry Basic Materials Chemicals

Comparable Companies CABN TEKXD DLYT CANOF ETCK BLGA GEVO ADMT YTEN DELT IKNX NANX FSI TVIA AMTX ALLM TORM NNOMF SNMX HDGHF

Address 1420 Columbus Avenue, Portsmouth, VA, USA, 23704

Website http://www.hercprod.com