LICYF (Li-Cycle Holdings) Gross Margin %: -175.71% (As of Dec. 2024)

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LICYF Li-Cycle Holdings Corp LICYF
16 GF Score
Price $0.09
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What is Li-Cycle Holdings Gross Margin %?

Li-Cycle Holdings LICYF -0.01% 16 Gross Margin % is -175.71% as of Dec. 2024. GuruFocus rates LICYF with a GF Score™ of 16/100.

Gross Margin % is calculated as gross profit divided by its revenue. Li-Cycle Holdings's Gross Profit for the three months ended in Dec. 2024 was $-12.30 Mil. Li-Cycle Holdings's Revenue for the three months ended in Dec. 2024 was $7.00 Mil. Therefore, Li-Cycle Holdings's Gross Margin % for the quarter that ended in Dec. 2024 was -175.71%.


The historical rank and industry rank for Li-Cycle Holdings's Gross Margin % or its related term are showing as below:


LICYF's Gross Margin % is not ranked *
in the Waste Management industry.
Industry Median: 27.725
* Ranked among companies with meaningful Gross Margin % only.

Li-Cycle Holdings had a gross margin of -175.71% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Li-Cycle Holdings was 0.00% per year.


Li-Cycle Holdings  (OTCPK:LICYF) 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

Li-Cycle Holdings had a gross margin of -175.71% for the quarter that ended in Dec. 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.


Li-Cycle Holdings Gross Margin % Related Terms


Li-Cycle Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Li-Cycle 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.

Li-Cycle Holdings Gross Margin % Chart

Li-Cycle Holdings Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 27.02 -82.19 -261.19 -346.99 -173.57

Li-Cycle Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only -250.00 -300.00 -130.95 -138.10 -175.71

LICYF vs SNRG, AQMS, SENR: Gross Margin % Comparison

For the Waste Management subindustry, Li-Cycle 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.


Li-Cycle Holdings Gross Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Li-Cycle Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Li-Cycle Holdings's Gross Margin % falls into.


LICYF
16GF Score
Li-Cycle Holdings Corp LICYF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Li-Cycle Holdings Gross Margin % Calculation

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

Li-Cycle Holdings's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=-48.6 / 28
=(Revenue - Cost of Goods Sold) / Revenue
=(28 - 76.6) / 28
=-173.57 %

Li-Cycle Holdings's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=-12.3 / 7
=(Revenue - Cost of Goods Sold) / Revenue
=(7 - 19.3) / 7
=-175.71 %

* 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 -175.71% mean?
Li-Cycle Holdings (LICYF) has a Gross Margin % of -175.71% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Li-Cycle Holdings and its competitors.
Is Li-Cycle Holdings' Gross Margin % too high?
Li-Cycle Holdings' current Gross Margin % is -175.71%. Overall, Li-Cycle Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Li-Cycle Holdings' Gross Margin % compare to SNRG and AQMS?
Li-Cycle Holdings' Gross Margin % of -175.71% can be compared against companies in the Waste Management industry. The industry median Gross Margin % is 27.73. 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 Waste Management company?
The median Gross Margin % among Waste Management companies is 27.73, based on 232 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. 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 Li-Cycle Holdings and its competitors. For the Waste Management industry, the median Gross Margin % is 27.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li-Cycle Holdings's current Gross Margin % is -175.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li-Cycle Holdings stock overvalued right now?
Li-Cycle Holdings (LICYF) has a current Gross Margin % of -175.71%. The current Gross Margin % is -175.71%. Li-Cycle Holdings' overall GF Score™ is 16/100. 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 Li-Cycle Holdings (LICYF), the current Gross Margin % is -175.71% as of Dec. 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.

Li-Cycle Holdings Business Description

Address 207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7
Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and lithium-ion battery recycler. The company's proprietary process Spoke and Hub recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce black mass and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate, and nickel sulphate.
16GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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