Iren SpAIRDEF -20.91%76 Gross Margin % is 59.91% as of Mar. 2026, which is 40% above its 10-year median of 42.70. GuruFocus rates IRDEF with a GF Score™ of 76/100 and a GF Value™ of $2.23. The stock has 4 warning signs investors should review. Among 489 Utilities - Regulated companies, Iren SpA ranks better than 73.21% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Iren SpA's Gross Profit for the
three
months ended in Mar. 2026 was $1,231 Mil. Iren SpA's Revenue for the
three
months ended in Mar. 2026 was $2,054 Mil. Therefore, Iren SpA's Gross Margin % for the quarter that ended in Mar. 2026 was 59.91%.
The historical rank and industry rank for Iren SpA's Gross Margin % or its related term are showing as below:
IRDEF'
s Gross Margin % Range Over the Past 10 Years
Min: 27.14 Med: 42.7 Max: 48.97
Current: 44.24
During the past 13 years, the highestGross Margin % of Iren SpA was 48.97%. The lowest was 27.14%. And the median was 42.70%.
IRDEF's Gross Margin % is ranked better than 73.21% of 489
companies
in the Utilities - Regulated industry
Industry Median: 30.88
vs IRDEF: 44.24
Iren SpA had a gross margin of 59.91% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Iren SpA was -0.30% per year.
Iren SpA (OTCPK:IRDEF) 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
Iren SpA had a gross margin of 59.91% 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.
Iren SpA Gross Margin % Related Terms
Iren SpA Gross Margin % Historical Data
* Premium members only.
The historical data trend for Iren SpA'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.
For the Utilities - Diversified subindustry, Iren SpA'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.
Iren SpA Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Iren SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Iren SpA'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.
Iren SpA (IRDEF) has a Gross Margin % of 59.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Iren SpA and its competitors. This is 40% above median its historical median of 42.70. Over the past decade, Iren SpA's Gross Margin % has ranged from 27.14 to 48.97. According to the industry distribution chart, Iren SpA ranks #131 out of 489 companies in the Utilities - Regulated industry, placing it in the top 26.8%.
Is Iren SpA's Gross Margin % too high?
Iren SpA's current Gross Margin % of 59.91% is 40% above median its 10-year median of 42.70. Over the past 10 years, this metric has ranged from a low of 27.14 to a high of 48.97. The Utilities - Regulated industry median Gross Margin % is 30.88. Iren SpA's value of 59.91% is 94% above this industry median. Based on the distribution chart, Iren SpA ranks #131 out of 489 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Iren SpA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's Gross Margin % compare to SRE?
According to the Utilities - Regulated industry distribution chart, Iren SpA ranks #131 out of 489 companies for Gross Margin %. This puts Iren SpA in the upper half of its industry. The industry median Gross Margin % is 30.88. Iren SpA's value of 59.91% is 94% above this benchmark. Historically, Iren SpA's own Gross Margin % has ranged from 27.14 to 48.97 over the past decade. While the company's 10-year median is 42.70 vs. the industry median of 30.88, Iren SpA 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, 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. Iren SpA's current Gross Margin % of 59.91% is 94% 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 Iren SpA and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iren SpA's current Gross Margin % is 59.91%, which is 40% above median its own 10-year median of 42.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iren SpA stock overvalued right now?
Iren SpA (IRDEF) has a current Gross Margin % of 59.91%. The stock's GF Value™ is $2.23, compared to a current price of $2.61 — trading 17% above its estimated fair value. The current Gross Margin % is 59.91%, which is 40% above median its 10-year median of 42.70 and 94% above the Utilities - Regulated industry median of 30.88. Iren SpA's overall GF Score™ is 76/100 with 4 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 Iren SpA (IRDEF), the current Gross Margin % is 59.91% 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 Iren SpA (IRDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued.
The current stock price of $2.61 is trading 17% above its estimated GF Value™ of $2.23.
Key valuation signals for IRDEF:
Gross Margin %: 59.91% (40% above median its 10-year median of 42.70)
GF Value™: $2.23 vs. price of $2.61 (17% above fair value)
Industry Position: 94% above the Utilities - Regulated median (#131 of 489)
No single metric tells the full story. See the IRDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
76GF Score
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