Accelerate Diagnostics (MEX:AXDX) Gross Margin %: 15.94% (As of Dec. 2024)

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MEX:AXDX Accelerate Diagnostics Inc MEX:AXDX
12 GF Score
Price MXN1.75
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What is Accelerate Diagnostics Gross Margin %?

Accelerate Diagnostics MEX:AXDX 12 Gross Margin % is 15.94% as of Dec. 2024. GuruFocus rates MEX:AXDX with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Accelerate Diagnostics's Gross Profit for the three months ended in Dec. 2024 was MXN9.4 Mil. Accelerate Diagnostics's Revenue for the three months ended in Dec. 2024 was MXN58.7 Mil. Therefore, Accelerate Diagnostics's Gross Margin % for the quarter that ended in Dec. 2024 was 15.94%.


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


MEX:AXDX's Gross Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 52.44
* Ranked among companies with meaningful Gross Margin % only.

Accelerate Diagnostics had a gross margin of 15.94% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Accelerate Diagnostics was 0.00% per year.


Accelerate Diagnostics  (MEX:AXDX) 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

Accelerate Diagnostics had a gross margin of 15.94% 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.


Accelerate Diagnostics Gross Margin % Related Terms


Accelerate Diagnostics Gross Margin % Historical Data

* Premium members only.

The historical data trend for Accelerate Diagnostics'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.

Accelerate Diagnostics Gross Margin % Chart

Accelerate Diagnostics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.94 -3.23 25.90 21.15 23.12

Accelerate Diagnostics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only 20.91 24.75 22.64 28.77 15.94

MEX:AXDX vs MSIU, BIOLQ, AFIB: Gross Margin % Comparison

For the Medical Devices subindustry, Accelerate Diagnostics'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.


Accelerate Diagnostics Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Accelerate Diagnostics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Accelerate Diagnostics's Gross Margin % falls into.


MEX:AXDX
12GF Score
Accelerate Diagnostics Inc MEX:AXDX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Diagnostics Gross Margin % Calculation

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

Accelerate Diagnostics'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 )
=56.4 / 243.97
=(Revenue - Cost of Goods Sold) / Revenue
=(243.97 - 187.576) / 243.97
=23.12 %

Accelerate Diagnostics'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 )
=9.4 / 58.73
=(Revenue - Cost of Goods Sold) / Revenue
=(58.73 - 49.366) / 58.73
=15.94 %

* 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 15.94% mean?
Accelerate Diagnostics (MEX:AXDX) has a Gross Margin % of 15.94% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Accelerate Diagnostics and its competitors.
Is Accelerate Diagnostics' Gross Margin % too high?
Accelerate Diagnostics' current Gross Margin % is 15.94%. The Medical Devices & Instruments industry median Gross Margin % is 52.44. Accelerate Diagnostics' value of 15.94% is 69.6% below this industry median. Overall, Accelerate Diagnostics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Accelerate Diagnostics' Gross Margin % compare to MSIU and BIOLQ?
Accelerate Diagnostics' Gross Margin % of 15.94% can be compared against companies in the Medical Devices & Instruments industry. The industry median Gross Margin % is 52.44. Accelerate Diagnostics' value of 15.94% is 69.6% 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 a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.44, based on 804 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. Accelerate Diagnostics's current Gross Margin % of 15.94% is 69.6% 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 Accelerate Diagnostics and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Diagnostics's current Gross Margin % is 15.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Diagnostics stock overvalued right now?
Accelerate Diagnostics (MEX:AXDX) has a current Gross Margin % of 15.94%. The current Gross Margin % is 15.94% and 69.6% below the Medical Devices & Instruments industry median of 52.44. Accelerate Diagnostics' overall GF Score™ is 12/100. 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 Accelerate Diagnostics (MEX:AXDX), the current Gross Margin % is 15.94% 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.

Accelerate Diagnostics Business Description

Address 3950 South Country Club Road, Suite 470, Tucson, AZ, USA, 85714
Accelerate Diagnostics Inc is an in vitro diagnostics company dedicated to providing solutions that improve patient outcomes and lower healthcare costs through the rapid diagnosis of serious infections. Its Clinical Microbiology products include Accelerate Pheno system, Accelerate PhenoTest BC Kit, and Accelerate Arc module & BC kit. The company earns the majority of its revenue from the domestic market. The group operates as one operating segment, deriving instrument, consumable, and service revenues from customers engaged in healthcare diagnostics within the United States. Product revenue is derived from the sale or rental of instruments and sales of related consumable products. Service revenue is derived from the sale of extended service agreements.
12GF Score

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