Fisher (James) & Sons (LSE:FSJ) Gross Margin %: 33.43% (As of Dec. 2025) — 12% Above Median


LSE:FSJ Fisher (James) & Sons PLC LSE:FSJ
62 GF Score
Price £4.69
GF Value £2.69
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fisher (James) & Sons Gross Margin %?

Fisher (James) & Sons LSE:FSJ +0.64% 62 Gross Margin % is 33.43% as of Dec. 2025, which is 12% above its 10-year median of 29.80. GuruFocus rates LSE:FSJ with a GF Score™ of 62/100 and a GF Value™ of £2.69 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 985 Transportation companies, Fisher (James) & Sons ranks better than 73.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Fisher (James) & Sons's Gross Profit for the six months ended in Dec. 2025 was £67.7 Mil. Fisher (James) & Sons's Revenue for the six months ended in Dec. 2025 was £202.5 Mil. Therefore, Fisher (James) & Sons's Gross Margin % for the quarter that ended in Dec. 2025 was 33.43%.


The historical rank and industry rank for Fisher (James) & Sons's Gross Margin % or its related term are showing as below:

LSE:FSJ' s Gross Margin % Range Over the Past 10 Years
Min: 18.22   Med: 29.8   Max: 32.56
Current: 32.56


During the past 13 years, the highest Gross Margin % of Fisher (James) & Sons was 32.56%. The lowest was 18.22%. And the median was 29.80%.

LSE:FSJ's Gross Margin % is ranked better than
73.3% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs LSE:FSJ: 32.56

Fisher (James) & Sons had a gross margin of 33.43% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fisher (James) & Sons was 11.20% per year.


Fisher (James) & Sons  (LSE:FSJ) 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

Fisher (James) & Sons had a gross margin of 33.43% for the quarter that ended in Dec. 2025 => 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.


Fisher (James) & Sons Gross Margin % Related Terms


Fisher (James) & Sons Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fisher (James) & Sons'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.

Fisher (James) & Sons Gross Margin % Chart

Fisher (James) & Sons Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.42 26.61 27.39 30.39 32.56

Fisher (James) & Sons Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 28.83 29.80 30.99 31.63 33.43

Fisher (James) & Sons Gross Margin % Competitor Comparison

For the Marine Shipping subindustry, Fisher (James) & Sons'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.


Fisher (James) & Sons Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Fisher (James) & Sons's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fisher (James) & Sons's Gross Margin % falls into.


LSE:FSJ
62GF Score
Fisher (James) & Sons PLC LSE:FSJ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fisher (James) & Sons Gross Margin % Calculation

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

Fisher (James) & Sons's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=128.4 / 394.4
=(Revenue - Cost of Goods Sold) / Revenue
=(394.4 - 266) / 394.4
=32.56 %

Fisher (James) & Sons's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=67.7 / 202.5
=(Revenue - Cost of Goods Sold) / Revenue
=(202.5 - 134.8) / 202.5
=33.43 %

* 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 33.43% mean?
Fisher (James) & Sons (LSE:FSJ) has a Gross Margin % of 33.43% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Fisher (James) & Sons and its competitors. This is 12% above median its historical median of 29.80. Over the past decade, Fisher (James) & Sons' Gross Margin % has ranged from 18.22 to 32.56. According to the industry distribution chart, Fisher (James) & Sons ranks #263 out of 985 companies in the Transportation industry, placing it in the top 26.7%.
Is Fisher (James) & Sons' Gross Margin % too high?
Fisher (James) & Sons' current Gross Margin % of 33.43% is 12% above median its 10-year median of 29.80. Over the past 10 years, this metric has ranged from a low of 18.22 to a high of 32.56. The Transportation industry median Gross Margin % is 20.42. Fisher (James) & Sons' value of 33.43% is 63.7% above this industry median. Based on the distribution chart, Fisher (James) & Sons ranks #263 out of 985 companies in the Transportation industry, which is above the industry midpoint. Overall, Fisher (James) & Sons has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fisher (James) & Sons' Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, Fisher (James) & Sons ranks #263 out of 985 companies for Gross Margin %. This puts Fisher (James) & Sons in the upper half of its industry. The industry median Gross Margin % is 20.42. Fisher (James) & Sons' value of 33.43% is 63.7% above this benchmark. Historically, Fisher (James) & Sons' own Gross Margin % has ranged from 18.22 to 32.56 over the past decade. While the company's 10-year median is 29.80 vs. the industry median of 20.42, Fisher (James) & Sons has consistently been above the industry average. 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 985 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. Fisher (James) & Sons's current Gross Margin % of 33.43% is 63.7% above 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 Fisher (James) & Sons 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. Fisher (James) & Sons's current Gross Margin % is 33.43%, which is 12% above median its own 10-year median of 29.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fisher (James) & Sons stock overvalued right now?
Based on GuruFocus' analysis, Fisher (James) & Sons (LSE:FSJ) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.69, compared to a current price of £4.69 — trading 74.3% above its estimated fair value. The current Gross Margin % is 33.43%, which is 12% above median its 10-year median of 29.80 and 63.7% above the Transportation industry median of 20.42. Fisher (James) & Sons' overall GF Score™ is 62/100 with 3 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 Fisher (James) & Sons (LSE:FSJ), the current Gross Margin % is 33.43% as of Dec. 2025. 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 Fisher (James) & Sons (LSE:FSJ) Overvalued in 2026?

Based on GuruFocus' analysis, Fisher (James) & Sons stock appears to be overvalued. The current stock price of £4.69 is trading 74.3% above its estimated GF Value™ of £2.69. GuruFocus considers Fisher (James) & Sons to be Significantly Overvalued.

Key valuation signals for LSE:FSJ:

  • Gross Margin %: 33.43% (12% above median its 10-year median of 29.80)
  • GF Value™: £2.69 vs. price of £4.69 (74.3% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 63.7% above the Transportation median (#263 of 985)

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


Fisher (James) & Sons Business Description

Other Exchanges FSJl:UK
Address Michaelson Road, Fisher House, Barrow-in-Furness, Cumbria, GBR, LA14 1HR
Fisher (James) & Sons PLC operates in the following segments: Energy, Defence, and Maritime Transport. A majority of its revenue is derived from the Energy segment, which provides services to the energy and renewables markets, including compressor services in Oil and Gas markets and bubble curtains for offshore wind, inspection, repair and maintenance, commissioning, cable and blade maintenance, and support in Renewables and Subsea and Decommissioning services. The Maritime Transport comprises the Tankship business, Cattedown Wharves, and Fendercare, and the Defence segment provides submarine rescue, defence diving, special forces vehicles, submarine platforms, and commercial diving and hyperbaric systems. Geographically, it derives key revenue from Middle East, Africa and Americas.
62GF Score

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

£4.69
Price
£2.69
GF Value