HHKIY (Hochiki) Gross Margin %: 41.14% (As of Mar. 2026) — 26% Above Median


What is Hochiki Gross Margin %?

Hochiki HHKIY 79 Gross Margin % is 41.14% as of Mar. 2026, which is 26% above its 10-year median of 32.54. GuruFocus rates HHKIY with a GF Score™ of 79/100. Among 1,718 Construction companies, Hochiki ranks better than 82.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hochiki's Gross Profit for the three months ended in Mar. 2026 was $77.89 Mil. Hochiki's Revenue for the three months ended in Mar. 2026 was $189.33 Mil. Therefore, Hochiki's Gross Margin % for the quarter that ended in Mar. 2026 was 41.14%.


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

HHKIY' s Gross Margin % Range Over the Past 10 Years
Min: 31.8   Med: 32.54   Max: 39.36
Current: 39.36


During the past 13 years, the highest Gross Margin % of Hochiki was 39.36%. The lowest was 31.80%. And the median was 32.54%.

HHKIY's Gross Margin % is ranked better than
82.07% of 1718 companies
in the Construction industry
Industry Median: 20.72 vs HHKIY: 39.36

Hochiki had a gross margin of 41.14% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hochiki was 4.10% per year.


Hochiki  (OTCPK:HHKIY) 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

Hochiki had a gross margin of 41.14% 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.


Hochiki Gross Margin % Related Terms


Hochiki Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hochiki'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.

Hochiki Gross Margin % Chart

Hochiki Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.27 32.57 34.49 36.82 39.36

Hochiki Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 37.65 36.27 39.49 39.83 41.14

HHKIY vs TT, JCI, CARR: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Hochiki'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.


Hochiki Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Hochiki's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hochiki's Gross Margin % falls into.



Hochiki Gross Margin % Calculation

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

Hochiki's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=262.6 / 667.086
=(Revenue - Cost of Goods Sold) / Revenue
=(667.086 - 404.493) / 667.086
=39.36 %

Hochiki's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=77.9 / 189.328
=(Revenue - Cost of Goods Sold) / Revenue
=(189.328 - 111.443) / 189.328
=41.14 %

* 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 41.14% mean?
Hochiki (HHKIY) has a Gross Margin % of 41.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hochiki and its competitors. This is 26% above median its historical median of 32.54. Over the past decade, Hochiki's Gross Margin % has ranged from 31.80 to 39.36. According to the industry distribution chart, Hochiki ranks #308 out of 1718 companies in the Construction industry, placing it in the top 17.9%.
Is Hochiki's Gross Margin % too high?
Hochiki's current Gross Margin % of 41.14% is 26% above median its 10-year median of 32.54. Over the past 10 years, this metric has ranged from a low of 31.80 to a high of 39.36. The Construction industry median Gross Margin % is 20.72. Hochiki's value of 41.14% is 98.6% above this industry median. Based on the distribution chart, Hochiki ranks #308 out of 1718 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hochiki has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Hochiki's Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Hochiki ranks #308 out of 1718 companies for Gross Margin %. This places Hochiki in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.72. Hochiki's value of 41.14% is 98.6% above this benchmark. Historically, Hochiki's own Gross Margin % has ranged from 31.80 to 39.36 over the past decade. While the company's 10-year median is 32.54 vs. the industry median of 20.72, Hochiki 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 Construction company?
The median Gross Margin % among Construction companies is 20.72, based on 1,718 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. Hochiki's current Gross Margin % of 41.14% is 98.6% 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 Hochiki and its competitors. For the Construction industry, the median Gross Margin % is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hochiki's current Gross Margin % is 41.14%, which is 26% above median its own 10-year median of 32.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hochiki stock overvalued right now?
Hochiki (HHKIY) has a current Gross Margin % of 41.14%. The current Gross Margin % is 41.14%, which is 26% above median its 10-year median of 32.54 and 98.6% above the Construction industry median of 20.72. Hochiki's overall GF Score™ is 79/100. 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 Hochiki (HHKIY), the current Gross Margin % is 41.14% 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.

Hochiki Business Description

Other Exchanges 6745:Japan
Address 2-10-43 Kamiosaki, Shinagawa-ku, Tokyo, JPN, 141-8660
Hochiki Corp. is engaged in the business of Research and development, manufacturing and sales, consulting and engineering, installation and maintenance of the systems such as Fire Alarm Systems, Fire Extinguishing Systems, Information and Communication Systems, and Security Systems. It generates maximum revenue from the Fire Alarm Systems.