KingswayKWY +0.38%51 Gross Margin % is 44.50% as of Mar. 2026. GuruFocus rates KWY with a GF Score™ of 51/100 and a GF Value™ of $10.86 (Fairly Valued). The stock has 4 warning signs investors should review. Among 554 Asset Management companies, Kingsway ranks better than 74.01% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Kingsway's Gross Profit for the
three
months ended in Mar. 2026 was $17.3 Mil. Kingsway's Revenue for the
three
months ended in Mar. 2026 was $39.0 Mil. Therefore, Kingsway's Gross Margin % for the quarter that ended in Mar. 2026 was 44.50%.
The historical rank and industry rank for Kingsway's Gross Margin % or its related term are showing as below:
KWY'
s Gross Margin % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 85.29
Current: 85.29
During the past 13 years, the highestGross Margin % of Kingsway was 85.29%. The lowest was 0.00%. And the median was 0.00%.
KWY's Gross Margin % is ranked better than 74.01% of 554
companies
in the Asset Management industry
Industry Median: 58.335
vs KWY: 85.29
Kingsway had a gross margin of 44.50% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kingsway was 0.00% per year.
Kingsway (NYSE:KWY) 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
Kingsway had a gross margin of 44.50% 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.
Kingsway Gross Margin % Related Terms
Kingsway Gross Margin % Historical Data
* Premium members only.
The historical data trend for Kingsway'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 Asset Management subindustry, Kingsway'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.
Kingsway Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Kingsway's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kingsway'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.
Kingsway (KWY) has a Gross Margin % of 44.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kingsway and its competitors. According to the industry distribution chart, Kingsway ranks #144 out of 554 companies in the Asset Management industry, placing it in the top 26%.
Is Kingsway's Gross Margin % too high?
Kingsway's current Gross Margin % is 44.50%. The Asset Management industry median Gross Margin % is 58.34. Kingsway's value of 44.50% is 23.7% below this industry median. Based on the distribution chart, Kingsway ranks #144 out of 554 companies in the Asset Management industry, which is above the industry midpoint. Overall, Kingsway has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingsway's Gross Margin % compare to EOD and RMM?
According to the Asset Management industry distribution chart, Kingsway ranks #144 out of 554 companies for Gross Margin %. This puts Kingsway in the upper half of its industry. The industry median Gross Margin % is 58.34. Kingsway's value of 44.50% is 23.7% 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 Asset Management company?
The median Gross Margin % among Asset Management companies is 58.34, based on 554 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. Kingsway's current Gross Margin % of 44.50% is 23.7% 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 Kingsway and its competitors. For the Asset Management industry, the median Gross Margin % is 58.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingsway's current Gross Margin % is 44.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingsway stock overvalued right now?
Based on GuruFocus' analysis, Kingsway (KWY) is currently considered Fairly Valued. The stock's GF Value™ is $10.86, compared to a current price of $10.59 — trading 2.5% below its estimated fair value. The current Gross Margin % is 44.50% and 23.7% below the Asset Management industry median of 58.34. Kingsway's overall GF Score™ is 51/100 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 Kingsway (KWY), the current Gross Margin % is 44.50% 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 Kingsway (KWY) Overvalued in 2026?
Based on GuruFocus' analysis, Kingsway stock appears to be undervalued.
The current stock price of $10.59 is trading 2.5% below its estimated GF Value™ of $10.86.
GuruFocus considers Kingsway to be Fairly Valued.
Key valuation signals for KWY:
Gross Margin %: 44.50%
GF Value™: $10.86 vs. price of $10.59 (2.5% below fair value)
Industry Position: 23.7% below the Asset Management median (#144 of 554)
No single metric tells the full story. See the KWY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingsway Corp is a U.S.-based company employing the Search Fund model to acquire and build great businesses. The company owns and operates a collection of B2B and B2C services companies that are asset-light, growing, profitable, and that have recurring revenues. It seeks to compound long-term shareholder value on a per share basis via its decentralized management model, its talented team of operators, and its tax-advantaged corporate structure.
51GF Score
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