Gulf Marine ServicesLSE:GMS +1.41%55 Gross Margin % is 33.86% as of Dec. 2025, which is 15% below its 10-year median of 39.78. GuruFocus rates LSE:GMS with a GF Score™ of 55/100 and a GF Value™ of £0.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 872 Oil & Gas companies, Gulf Marine Services ranks better than 65.94% on this metric.
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
Gulf Marine Services had a gross margin of 33.86% 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.
Gulf Marine Services Gross Margin % Related Terms
Gulf Marine Services Gross Margin % Historical Data
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The historical data trend for Gulf Marine Services'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.
LSE:GMS vs SLB, BKR, HAL: Gross Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, Gulf Marine Services'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.
Gulf Marine Services Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gulf Marine Services's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Gulf Marine Services'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.
Gulf Marine Services (LSE:GMS) has a Gross Margin % of 33.86% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Gulf Marine Services and its competitors. This is 15% below median its historical median of 39.78. According to the industry distribution chart, Gulf Marine Services ranks #297 out of 872 companies in the Oil & Gas industry, placing it in the top 34.1%.
Is Gulf Marine Services' Gross Margin % too high?
Gulf Marine Services' current Gross Margin % of 33.86% is 15% below median its 10-year median of 39.78. The Oil & Gas industry median Gross Margin % is 25.54. Gulf Marine Services' value of 33.86% is 32.6% above this industry median. Based on the distribution chart, Gulf Marine Services ranks #297 out of 872 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Gulf Marine Services has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gulf Marine Services' Gross Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Gulf Marine Services ranks #297 out of 872 companies for Gross Margin %. This puts Gulf Marine Services in the upper half of its industry. The industry median Gross Margin % is 25.54. Gulf Marine Services' value of 33.86% is 32.6% above this benchmark. While the company's 10-year median is 39.78 vs. the industry median of 25.54, Gulf Marine Services 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.54, based on 872 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. Gulf Marine Services's current Gross Margin % of 33.86% is 32.6% 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 Gulf Marine Services and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Marine Services's current Gross Margin % is 33.86%, which is 15% below median its own 10-year median of 39.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Marine Services stock overvalued right now?
Based on GuruFocus' analysis, Gulf Marine Services (LSE:GMS) is currently considered Fairly Valued. The stock's GF Value™ is £0.17, compared to a current price of £0.19 — trading 9.6% above its estimated fair value. The current Gross Margin % is 33.86%, which is 15% below median its 10-year median of 39.78 and 32.6% above the Oil & Gas industry median of 25.54. Gulf Marine Services' overall GF Score™ is 55/100 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 Gulf Marine Services (LSE:GMS), the current Gross Margin % is 33.86% 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 Gulf Marine Services (LSE:GMS) Overvalued in 2026?
Based on GuruFocus' analysis, Gulf Marine Services stock appears to be overvalued.
The current stock price of £0.19 is trading 9.6% above its estimated GF Value™ of £0.17.
GuruFocus considers Gulf Marine Services to be Fairly Valued.
Key valuation signals for LSE:GMS:
Gross Margin %: 33.86% (15% below median its 10-year median of 39.78)
GF Value™: £0.17 vs. price of £0.19 (9.6% above fair value)
Industry Position: 32.6% above the Oil & Gas median (#297 of 872)
No single metric tells the full story. See the LSE:GMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). Its assets provide a stable platform for the delivery of a range of services performed by the company's clients throughout the total lifecycle of offshore oil, gas, and renewable energy activities. Its operating business segments include Six K-Class vessels, which include the Kamikaze, Kikuyu, Kawawa, Kudeta, Keloa, and Pepper vessels; Three S-Class vessels, which include the Shamal, Scirocco, and Sharqi vessels; Five E-Class vessels, which include the Endeavour, Endurance, Enterprise, and Evolution vessels; and the Other vessels segment.
55GF Score
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