The historical rank and industry rank for Harvest Oil & Gas's Gross Margin % or its related term are showing as below:
HRST's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 25.7 * Ranked among companies with meaningful Gross Margin % only.
Harvest Oil & Gas had a gross margin of 6.22% for the quarter that ended in Sep. 2020 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Harvest Oil & Gas was 0.00% per year.
Harvest Oil & Gas (OTCPK:HRST) 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
Harvest Oil & Gas had a gross margin of 6.22% for the quarter that ended in Sep. 2020 => 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.
Harvest Oil & Gas Gross Margin % Related Terms
Harvest Oil & Gas Gross Margin % Historical Data
* Premium members only.
The historical data trend for Harvest Oil & Gas'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.
HRST vs LLEX, VKIN, ROSE: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, Harvest Oil & Gas'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.
Harvest Oil & Gas Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Harvest Oil & Gas's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Harvest Oil & Gas'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.
Harvest Oil & Gas (HRST) has a Gross Margin % of 6.22% as of Sep. 2020. Gross margin is the ratio of total gross profit to net sales. View historical data on Harvest Oil & Gas and its competitors.
Is Harvest Oil & Gas' Gross Margin % too high?
Harvest Oil & Gas' current Gross Margin % is 6.22%. The Oil & Gas industry median Gross Margin % is 25.70. Harvest Oil & Gas' value of 6.22% is 75.8% below this industry median. Overall, Harvest Oil & Gas has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Harvest Oil & Gas' Gross Margin % compare to LLEX and VKIN?
Harvest Oil & Gas' Gross Margin % of 6.22% can be compared against companies in the Oil & Gas industry. The industry median Gross Margin % is 25.70. Harvest Oil & Gas' value of 6.22% is 75.8% below 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 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. Harvest Oil & Gas's current Gross Margin % of 6.22% is 75.8% below 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 Harvest Oil & Gas and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvest Oil & Gas's current Gross Margin % is 6.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvest Oil & Gas stock overvalued right now?
Harvest Oil & Gas (HRST) has a current Gross Margin % of 6.22%. The current Gross Margin % is 6.22% and 75.8% below the Oil & Gas industry median of 25.70. Harvest Oil & Gas' overall GF Score™ is 12/100. 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 Harvest Oil & Gas (HRST), the current Gross Margin % is 6.22% as of Sep. 2020. 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.
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