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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Gross Margin % : 22.47% (As of Oct. 2007)


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What is Jupiter Marine International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jupiter Marine International Holdings's Gross Profit for the three months ended in Oct. 2007 was $0.87 Mil. Jupiter Marine International Holdings's Revenue for the three months ended in Oct. 2007 was $3.86 Mil. Therefore, Jupiter Marine International Holdings's Gross Margin % for the quarter that ended in Oct. 2007 was 22.47%.


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


JMIH's Gross Margin % is not ranked *
in the Travel & Leisure industry.
Industry Median: 43.24
* Ranked among companies with meaningful Gross Margin % only.

Jupiter Marine International Holdings had a gross margin of 22.47% for the quarter that ended in Oct. 2007 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jupiter Marine International Holdings was 0.00% per year.


Jupiter Marine International Holdings Gross Margin % Historical Data

The historical data trend for Jupiter Marine International 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.

* Premium members only.

Jupiter Marine International Holdings Gross Margin % Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
Gross Margin %
Get a 7-Day Free Trial 20.92 24.63 25.03 24.37 17.77

Jupiter Marine International Holdings Quarterly Data
Oct01 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 20.38 17.16 23.77 8.10 22.47

Competitive Comparison of Jupiter Marine International Holdings's Gross Margin %

For the Leisure subindustry, Jupiter Marine International 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.


Jupiter Marine International Holdings's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jupiter Marine International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jupiter Marine International Holdings's Gross Margin % falls into.



Jupiter Marine International Holdings Gross Margin % Calculation

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

Jupiter Marine International Holdings's Gross Margin for the fiscal year that ended in Jul. 2007 is calculated as

Gross Margin % (A: Jul. 2007 )=Gross Profit (A: Jul. 2007 ) / Revenue (A: Jul. 2007 )
=2.7 / 15.225
=(Revenue - Cost of Goods Sold) / Revenue
=(15.225 - 12.519) / 15.225
=17.77 %

Jupiter Marine International Holdings's Gross Margin for the quarter that ended in Oct. 2007 is calculated as


Gross Margin % (Q: Oct. 2007 )=Gross Profit (Q: Oct. 2007 ) / Revenue (Q: Oct. 2007 )
=0.9 / 3.858
=(Revenue - Cost of Goods Sold) / Revenue
=(3.858 - 2.991) / 3.858
=22.47 %

* 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.


Jupiter Marine International Holdings  (OTCPK:JMIH) 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

Jupiter Marine International Holdings had a gross margin of 22.47% for the quarter that ended in Oct. 2007 => 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.


Jupiter Marine International Holdings Gross Margin % Related Terms

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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

Jupiter Marine International Holdings (Jupiter Marine International Holdings) Headlines

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