Tecnicas Reunidas (MEX:TREN) Gross Margin %: 24.98% (As of Mar. 2026) — Near Median


MEX:TREN Tecnicas Reunidas SA MEX:TREN
65 GF Score
Price MXN244.58
GF Value MXN162.43
! 2 Warning Signs
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What is Tecnicas Reunidas Gross Margin %?

Tecnicas Reunidas MEX:TREN 65 Gross Margin % is 24.98% as of Mar. 2026, which is 7% above its 10-year median of 23.45. GuruFocus rates MEX:TREN with a GF Score™ of 65/100 and a GF Value™ of MXN162.43. The stock has 2 warning signs investors should review. Among 1,719 Construction companies, Tecnicas Reunidas ranks better than 53.23% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tecnicas Reunidas's Gross Profit for the three months ended in Mar. 2026 was MXN8,253 Mil. Tecnicas Reunidas's Revenue for the three months ended in Mar. 2026 was MXN33,043 Mil. Therefore, Tecnicas Reunidas's Gross Margin % for the quarter that ended in Mar. 2026 was 24.98%.


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

MEX:TREN' s Gross Margin % Range Over the Past 10 Years
Min: 19.75   Med: 23.45   Max: 28.65
Current: 22.52


During the past 13 years, the highest Gross Margin % of Tecnicas Reunidas was 28.65%. The lowest was 19.75%. And the median was 23.45%.

MEX:TREN's Gross Margin % is ranked better than
53.23% of 1719 companies
in the Construction industry
Industry Median: 20.71 vs MEX:TREN: 22.52

Tecnicas Reunidas had a gross margin of 24.98% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tecnicas Reunidas was -0.70% per year.


Tecnicas Reunidas  (MEX:TREN) 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

Tecnicas Reunidas had a gross margin of 24.98% for the quarter that ended in Mar. 2026 => 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.


Tecnicas Reunidas Gross Margin % Related Terms


Tecnicas Reunidas Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tecnicas Reunidas'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.

Tecnicas Reunidas Gross Margin % Chart

Tecnicas Reunidas 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 24.20 20.62 26.48 27.47 22.69

Tecnicas Reunidas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 26.29 24.16 20.85 20.84 24.98

MEX:TREN vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Tecnicas Reunidas'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.


Tecnicas Reunidas Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Tecnicas Reunidas's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tecnicas Reunidas's Gross Margin % falls into.


MEX:TREN
65GF Score
Tecnicas Reunidas SA MEX:TREN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecnicas Reunidas Gross Margin % Calculation

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

Tecnicas Reunidas'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 )
=30926.6 / 136325.835
=(Revenue - Cost of Goods Sold) / Revenue
=(136325.835 - 105399.19) / 136325.835
=22.69 %

Tecnicas Reunidas's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=8253.3 / 33042.577
=(Revenue - Cost of Goods Sold) / Revenue
=(33042.577 - 24789.229) / 33042.577
=24.98 %

* 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 24.98% mean?
Tecnicas Reunidas (MEX:TREN) has a Gross Margin % of 24.98% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tecnicas Reunidas and its competitors. This is near median its historical median of 23.45. Over the past decade, Tecnicas Reunidas' Gross Margin % has ranged from 19.75 to 28.65. According to the industry distribution chart, Tecnicas Reunidas ranks #804 out of 1719 companies in the Construction industry, placing it in the top 46.8%.
Is Tecnicas Reunidas' Gross Margin % too high?
Tecnicas Reunidas' current Gross Margin % of 24.98% is near median its 10-year median of 23.45. Over the past 10 years, this metric has ranged from a low of 19.75 to a high of 28.65. The Construction industry median Gross Margin % is 20.71. Tecnicas Reunidas' value of 24.98% is 20.6% above this industry median. Based on the distribution chart, Tecnicas Reunidas ranks #804 out of 1719 companies in the Construction industry, which is above the industry midpoint. Overall, Tecnicas Reunidas has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tecnicas Reunidas' Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Tecnicas Reunidas ranks #804 out of 1719 companies for Gross Margin %. This puts Tecnicas Reunidas in the upper half of its industry. The industry median Gross Margin % is 20.71. Tecnicas Reunidas' value of 24.98% is 20.6% above this benchmark. Historically, Tecnicas Reunidas' own Gross Margin % has ranged from 19.75 to 28.65 over the past decade. While the company's 10-year median is 23.45 vs. the industry median of 20.71, Tecnicas Reunidas 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,719 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. Tecnicas Reunidas's current Gross Margin % of 24.98% is 20.6% 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 Tecnicas Reunidas and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecnicas Reunidas's current Gross Margin % is 24.98%, which is near median its own 10-year median of 23.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnicas Reunidas stock overvalued right now?
Tecnicas Reunidas (MEX:TREN) has a current Gross Margin % of 24.98%. The stock's GF Value™ is MXN162.43, compared to a current price of MXN244.58 — trading 50.6% above its estimated fair value. The current Gross Margin % is 24.98%, which is near median its 10-year median of 23.45 and 20.6% above the Construction industry median of 20.71. Tecnicas Reunidas' overall GF Score™ is 65/100 with 2 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 Tecnicas Reunidas (MEX:TREN), the current Gross Margin % is 24.98% as of Mar. 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 Tecnicas Reunidas (MEX:TREN) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnicas Reunidas stock appears to be overvalued. The current stock price of MXN244.58 is trading 50.6% above its estimated GF Value™ of MXN162.43.

Key valuation signals for MEX:TREN:

  • Gross Margin %: 24.98% (near median its 10-year median of 23.45)
  • GF Value™: MXN162.43 vs. price of MXN244.58 (50.6% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 20.6% above the Construction median (#804 of 1719)

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


Tecnicas Reunidas Business Description

Address Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.
65GF Score

Get the complete analysis for MEX:TREN

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

MXN244.58
Price
MXN162.43
GF Value