Distribuzione Elettrica Adriatica SpA (MIL:DEA) Gross Margin %: 102.29% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:DEA Distribuzione Elettrica Adriatica SpA MIL:DEA
18 GF Score
Price €8.70
! 5 Warning Signs
View Full Analysis

What is Distribuzione Elettrica Adriatica SpA Gross Margin %?

Distribuzione Elettrica Adriatica SpA MIL:DEA -2.25% 18 Gross Margin % is 102.29% as of Dec. 2025, which is 9% above its 10-year median of 93.59. GuruFocus rates MIL:DEA with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 489 Utilities - Regulated companies, Distribuzione Elettrica Adriatica SpA ranks better than 99.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Distribuzione Elettrica Adriatica SpA's Gross Profit for the six months ended in Dec. 2025 was €21.25 Mil. Distribuzione Elettrica Adriatica SpA's Revenue for the six months ended in Dec. 2025 was €20.77 Mil. Therefore, Distribuzione Elettrica Adriatica SpA's Gross Margin % for the quarter that ended in Dec. 2025 was 102.29%.


The historical rank and industry rank for Distribuzione Elettrica Adriatica SpA's Gross Margin % or its related term are showing as below:

MIL:DEA' s Gross Margin % Range Over the Past 10 Years
Min: 90.04   Med: 93.59   Max: 100.62
Current: 100.62


During the past 4 years, the highest Gross Margin % of Distribuzione Elettrica Adriatica SpA was 100.62%. The lowest was 90.04%. And the median was 93.59%.

MIL:DEA's Gross Margin % is ranked better than
99.59% of 489 companies
in the Utilities - Regulated industry
Industry Median: 30.63 vs MIL:DEA: 100.62

Distribuzione Elettrica Adriatica SpA had a gross margin of 102.29% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Distribuzione Elettrica Adriatica SpA was 0.00% per year.


Distribuzione Elettrica Adriatica SpA  (MIL:DEA) 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

Distribuzione Elettrica Adriatica SpA had a gross margin of 102.29% for the quarter that ended in Dec. 2025 => Durable 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.


Distribuzione Elettrica Adriatica SpA Gross Margin % Related Terms


Distribuzione Elettrica Adriatica SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Distribuzione Elettrica Adriatica SpA'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.

Distribuzione Elettrica Adriatica SpA Gross Margin % Chart

Distribuzione Elettrica Adriatica SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
90.04 95.81 91.36 100.62

Distribuzione Elettrica Adriatica SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial 0.00 100.08 82.64 98.75 102.29

MIL:DEA vs NEE, SO, DUK: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, Distribuzione Elettrica Adriatica SpA'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.


Distribuzione Elettrica Adriatica SpA Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Distribuzione Elettrica Adriatica SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Distribuzione Elettrica Adriatica SpA's Gross Margin % falls into.


MIL:DEA
18GF Score
Distribuzione Elettrica Adriatica SpA MIL:DEA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Distribuzione Elettrica Adriatica SpA Gross Margin % Calculation

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

Distribuzione Elettrica Adriatica SpA'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 )
=39.6 / 39.4
=(Revenue - Cost of Goods Sold) / Revenue
=(39.4 - -0.243) / 39.4
=100.62 %

Distribuzione Elettrica Adriatica SpA'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 )
=21.2 / 20.772
=(Revenue - Cost of Goods Sold) / Revenue
=(20.772 - -0.476) / 20.772
=102.29 %

* 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 102.29% mean?
Distribuzione Elettrica Adriatica SpA (MIL:DEA) has a Gross Margin % of 102.29% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Distribuzione Elettrica Adriatica SpA and its competitors. This is near median its historical median of 93.59. Over the past decade, Distribuzione Elettrica Adriatica SpA's Gross Margin % has ranged from 90.04 to 100.62. According to the industry distribution chart, Distribuzione Elettrica Adriatica SpA ranks #2 out of 489 companies in the Utilities - Regulated industry, placing it in the top 0.40000000000001%.
Is Distribuzione Elettrica Adriatica SpA's Gross Margin % too high?
Distribuzione Elettrica Adriatica SpA's current Gross Margin % of 102.29% is near median its 10-year median of 93.59. Over the past 10 years, this metric has ranged from a low of 90.04 to a high of 100.62. The Utilities - Regulated industry median Gross Margin % is 30.63. Distribuzione Elettrica Adriatica SpA's value of 102.29% is 234% above this industry median. Based on the distribution chart, Distribuzione Elettrica Adriatica SpA ranks #2 out of 489 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Distribuzione Elettrica Adriatica SpA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Distribuzione Elettrica Adriatica SpA's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Distribuzione Elettrica Adriatica SpA ranks #2 out of 489 companies for Gross Margin %. This places Distribuzione Elettrica Adriatica SpA in the top 0% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.63. Distribuzione Elettrica Adriatica SpA's value of 102.29% is 234% above this benchmark. Historically, Distribuzione Elettrica Adriatica SpA's own Gross Margin % has ranged from 90.04 to 100.62 over the past decade. While the company's 10-year median is 93.59 vs. the industry median of 30.63, Distribuzione Elettrica Adriatica SpA 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 Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.63, based on 489 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. Distribuzione Elettrica Adriatica SpA's current Gross Margin % of 102.29% is 234% 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 Distribuzione Elettrica Adriatica SpA and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Distribuzione Elettrica Adriatica SpA's current Gross Margin % is 102.29%, which is near median its own 10-year median of 93.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Distribuzione Elettrica Adriatica SpA stock overvalued right now?
Distribuzione Elettrica Adriatica SpA (MIL:DEA) has a current Gross Margin % of 102.29%. The current Gross Margin % is 102.29%, which is near median its 10-year median of 93.59 and 234% above the Utilities - Regulated industry median of 30.63. Distribuzione Elettrica Adriatica SpA's overall GF Score™ is 18/100 with 5 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 Distribuzione Elettrica Adriatica SpA (MIL:DEA), the current Gross Margin % is 102.29% 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.

Distribuzione Elettrica Adriatica SpA Business Description

Address Via Guazzatore no. 159, Osimo, ITA, 60027
Distribuzione Elettrica Adriatica SpA is a Italy based company. Its activity is divided into two distinct business lines dedicated, respectively, to the distribution of electricity (Distribution Electrical Energy) and public lighting (Public Lighting). In the distribution of electricity, The company deals with the activities relating to the operation, maintenance and development of medium voltage (MV) and low voltage (LV) infrastructures with the objective of allowing the transport of electricity from the substations of the distribution networks to the withdrawal points (PoD). The public lighting includes design, construction and maintenance of public lighting systems, by virtue of obtaining concessions from the relevant municipalities.
18GF Score

Get the complete analysis for MIL:DEA

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

€8.70
Price