LMNR (Limoneira Co) Gross Margin %: -1.02% (As of Apr. 2026)


LMNR Limoneira Co LMNR
56 GF Score
Price $13.38
GF Value $12.11
Valuation Fairly Valued
! 11 Warning Signs
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What is Limoneira Co Gross Margin %?

Limoneira Co LMNR +3.31% 56 Gross Margin % is -1.02% as of Apr. 2026. GuruFocus rates LMNR with a GF Score™ of 56/100 and a GF Value™ of $12.11 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Limoneira Co ranks worse than 98.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Limoneira Co's Gross Profit for the three months ended in Apr. 2026 was $-0.2 Mil. Limoneira Co's Revenue for the three months ended in Apr. 2026 was $23.9 Mil. Therefore, Limoneira Co's Gross Margin % for the quarter that ended in Apr. 2026 was -1.02%.

Warning Sign:

Limoneira Co gross margin has been in long-term decline. The average rate of decline per year is -23.3%.


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

LMNR' s Gross Margin % Range Over the Past 10 Years
Min: -5.84   Med: 9.54   Max: 21.38
Current: -5.84


During the past 13 years, the highest Gross Margin % of Limoneira Co was 21.38%. The lowest was -5.84%. And the median was 9.54%.

LMNR's Gross Margin % is ranked worse than
98.37% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs LMNR: -5.84

Limoneira Co had a gross margin of -1.02% for the quarter that ended in Apr. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Limoneira Co was -23.30% per year.


Limoneira Co  (NAS:LMNR) 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

Limoneira Co had a gross margin of -1.02% for the quarter that ended in Apr. 2026 => 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.


Limoneira Co Gross Margin % Related Terms


Limoneira Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Limoneira Co'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.

Limoneira Co Gross Margin % Chart

Limoneira Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.95 10.57 3.40 11.19 0.27

Limoneira Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 Premium Member Only 6.85 9.15 -13.89 -32.33 -1.02

LMNR vs AFRI, VFF, ALCO: Gross Margin % Comparison

For the Farm Products subindustry, Limoneira Co'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.


Limoneira Co Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Limoneira Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Limoneira Co's Gross Margin % falls into.


LMNR
56GF Score
Limoneira Co LMNR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Limoneira Co Gross Margin % Calculation

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

Limoneira Co's Gross Margin for the fiscal year that ended in Oct. 2025 is calculated as

Gross Margin % (A: Oct. 2025 )=Gross Profit (A: Oct. 2025 ) / Revenue (A: Oct. 2025 )
=0.4 / 159.723
=(Revenue - Cost of Goods Sold) / Revenue
=(159.723 - 159.287) / 159.723
=0.27 %

Limoneira Co's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=-0.2 / 23.926
=(Revenue - Cost of Goods Sold) / Revenue
=(23.926 - 24.169) / 23.926
=-1.02 %

* 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 -1.02% mean?
Limoneira Co (LMNR) has a Gross Margin % of -1.02% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Limoneira Co and its competitors. According to the industry distribution chart, Limoneira Co ranks #1871 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 98.4%.
Is Limoneira Co's Gross Margin % too high?
Limoneira Co's current Gross Margin % is -1.02%. Based on the distribution chart, Limoneira Co ranks #1871 out of 1902 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Limoneira Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Limoneira Co's Gross Margin % compare to AFRI and VFF?
According to the Consumer Packaged Goods industry distribution chart, Limoneira Co ranks #1871 out of 1902 companies for Gross Margin %. This places Limoneira Co in the lower half of its industry. The industry median Gross Margin % is 26.37. 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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 Limoneira Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Limoneira Co's current Gross Margin % is -1.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Limoneira Co stock overvalued right now?
Based on GuruFocus' analysis, Limoneira Co (LMNR) is currently considered Fairly Valued. The stock's GF Value™ is $12.11, compared to a current price of $13.38 — trading 10.5% above its estimated fair value. The current Gross Margin % is -1.02%. Limoneira Co's overall GF Score™ is 56/100 with 11 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 Limoneira Co (LMNR), the current Gross Margin % is -1.02% as of Apr. 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 Limoneira Co (LMNR) Overvalued in 2026?

Based on GuruFocus' analysis, Limoneira Co stock appears to be overvalued. The current stock price of $13.38 is trading 10.5% above its estimated GF Value™ of $12.11. GuruFocus considers Limoneira Co to be Fairly Valued.

Key valuation signals for LMNR:

  • Gross Margin %: -1.02%
  • GF Value™: $12.11 vs. price of $13.38 (10.5% above fair value)
  • GF Score™: 56/100 with 11 warning signs

No single metric tells the full story. See the LMNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Limoneira Co Business Description

Address 1141 Cummings Road, Santa Paula, CA, USA, 93060
Limoneira Co is predominantly an agribusiness company. Its current operations consist of fruit production and marketing, rental operations, real estate, and capital investment activities. The company has three business divisions; agribusiness, rental operations, and real estate development. The agribusiness division which accounts for a majority of the firm's revenue represents its core operations of farming, harvesting, lemon packing, and lemon sales operations. The company's reportable operating segments are fresh lemons, lemon packing, avocados, and other agribusiness, which predominantly includes oranges, specialty citrus, other crops, and farm management services. A majority of its revenue is derived from the Fresh Lemons segment.
56GF Score

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

$13.38
Price
$12.11
GF Value