Integer Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -2.4%.
The historical rank and industry rank for Integer Holdings's Gross Margin % or its related term are showing as below:
ITGR'
s Gross Margin % Range Over the Past 10 Years
Min: 26.09 Med: 28.8 Max: 33.64
Current: 26.84
During the past 13 years, the highestGross Margin % of Integer Holdings was 33.64%. The lowest was 26.09%. And the median was 28.80%.
ITGR's Gross Margin % is ranked worse than 83.23% of 805
companies
in the Medical Devices & Instruments industry
Industry Median: 51.89
vs ITGR: 26.84
Integer Holdings had a gross margin of 27.02% for the quarter that ended in Sep. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Integer Holdings was -2.40% per year.
Integer Holdings Gross Margin % Historical Data
The historical data trend for Integer Holdings'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.
Competitive Comparison of Integer Holdings's Gross Margin %
For the Medical Devices subindustry, Integer Holdings'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.
Integer Holdings's Gross Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Integer Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Integer Holdings'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.
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
Integer Holdings had a gross margin of 27.02% for the quarter that ended in Sep. 2024 => 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.
Integer Holdings Gross Margin % Related Terms
Thank you for viewing the detailed overview of Integer Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Integer Holdings Corp is a manufacturer of medical device components used by original equipment manufacturers in the medical industry. The company also develops batteries used in nonmedical applications in the energy, military, and environmental markets. The firm organizes itself into two business segments based on the product type: medical and nonmedical. The medical segment uses the firm's technologies to produce components and finished medical devices, and it generates the vast majority of revenue. The company earns more than half of its revenue in the United States.
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