JAG (Job Aire Group) Gross Margin %: 12.68% (As of Jun. 2024)


What is Job Aire Group Gross Margin %?

Job Aire Group JAG Gross Margin % is 12.68% as of Jun. 2024.

Gross Margin % is calculated as gross profit divided by its revenue. Job Aire Group's Gross Profit for the three months ended in Jun. 2024 was $0.94 Mil. Job Aire Group's Revenue for the three months ended in Jun. 2024 was $7.40 Mil. Therefore, Job Aire Group's Gross Margin % for the quarter that ended in Jun. 2024 was 12.68%.


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


JAG's Gross Margin % is not ranked *
in the Transportation industry.
Industry Median: 20.42
* Ranked among companies with meaningful Gross Margin % only.

Job Aire Group had a gross margin of 12.68% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Job Aire Group was 0.00% per year.


Job Aire Group  (AMEX:JAG) 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

Job Aire Group had a gross margin of 12.68% for the quarter that ended in Jun. 2024 => 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.


Job Aire Group Gross Margin % Related Terms


Job Aire Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Job Aire Group'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.

Job Aire Group Gross Margin % Chart

Job Aire Group Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
5.47 10.76 12.21

Job Aire Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only 12.45 12.35 12.65 11.76 12.68

JAG vs : Gross Margin % Comparison

For the Airports & Air Services subindustry, Job Aire Group'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.


Job Aire Group Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Job Aire Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Job Aire Group's Gross Margin % falls into.



Job Aire Group Gross Margin % Calculation

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

Job Aire Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3.6 / 29.083
=(Revenue - Cost of Goods Sold) / Revenue
=(29.083 - 25.532) / 29.083
=12.21 %

Job Aire Group's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0.9 / 7.395
=(Revenue - Cost of Goods Sold) / Revenue
=(7.395 - 6.457) / 7.395
=12.68 %

* 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 12.68% mean?
Job Aire Group (JAG) has a Gross Margin % of 12.68% as of Jun. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Job Aire Group and its competitors.
Is Job Aire Group's Gross Margin % too high?
Job Aire Group's current Gross Margin % is 12.68%. The Transportation industry median Gross Margin % is 20.42. Job Aire Group's value of 12.68% is 37.9% below this industry median.
How does Job Aire Group's Gross Margin % compare to ?
Job Aire Group's Gross Margin % of 12.68% can be compared against companies in the Transportation industry. The industry median Gross Margin % is 20.42. Job Aire Group's value of 12.68% is 37.9% 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 a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 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. Job Aire Group's current Gross Margin % of 12.68% is 37.9% 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 Job Aire Group and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Job Aire Group's current Gross Margin % is 12.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Job Aire Group stock overvalued right now?
Job Aire Group (JAG) has a current Gross Margin % of 12.68%. The current Gross Margin % is 12.68% and 37.9% below the Transportation industry median of 20.42. 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 Job Aire Group (JAG), the current Gross Margin % is 12.68% as of Jun. 2024. 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.

Job Aire Group Business Description

Comparable Companies
Address 7493 N Oracle Road, Suite 221, Tucson, AZ, USA, 85704
Job Aire Group Inc operates as an aviation company by providing pilot services. The company provides staff, and technicians for aircraft, engine inspection, audit, hard-core aeronautical engineering, and aircraft maintenance marketing.