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ETI SpAMIL:ETI -2.02%8 Gross Margin % is 64.27% as of Dec. 2025, which is 9% below its 10-year median of 70.61. GuruFocus rates MIL:ETI with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 875 Oil & Gas companies, ETI SpA ranks better than 89.49% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. ETI SpA's Gross Profit for the
six
months ended in Dec. 2025 was €12.96 Mil. ETI SpA's Revenue for the
six
months ended in Dec. 2025 was €20.16 Mil. Therefore, ETI SpA's Gross Margin % for the quarter that ended in Dec. 2025 was 64.27%.
The historical rank and industry rank for ETI SpA's Gross Margin % or its related term are showing as below:
MIL:ETI'
s Gross Margin % Range Over the Past 10 Years
Min: 64.27 Med: 70.61 Max: 76.94
Current: 64.27
During the past 2 years, the highestGross Margin % of ETI SpA was 76.94%. The lowest was 64.27%. And the median was 70.61%.
MIL:ETI's Gross Margin % is ranked better than 89.49% of 875
companies
in the Oil & Gas industry
Industry Median: 26.91
vs MIL:ETI: 64.27
ETI SpA had a gross margin of 64.27% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for ETI SpA was 0.00% per year.
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
ETI SpA had a gross margin of 64.27% 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.
ETI SpA Gross Margin % Related Terms
ETI SpA Gross Margin % Historical Data
* Premium members only.
The historical data trend for ETI 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.
ETI SpA Gross Margin % Chart
ETI SpA Annual Data
Trend
Dec24
Dec25
Gross Margin %
76.94
64.27
ETI SpA Semi-Annual Data
Dec24
Dec25
Gross Margin %
76.94
64.27
MIL:ETI vs WMB, EPD, ET: Gross Margin % Comparison
For the Oil & Gas Midstream subindustry, ETI 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.
ETI SpA Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ETI SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ETI SpA'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.
ETI SpA (MIL:ETI) has a Gross Margin % of 64.27% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on ETI SpA and its competitors. This is near median its historical median of 70.61. Over the past decade, ETI SpA's Gross Margin % has ranged from 64.27 to 76.94. According to the industry distribution chart, ETI SpA ranks #92 out of 875 companies in the Oil & Gas industry, placing it in the top 10.5%.
Is ETI SpA's Gross Margin % too high?
ETI SpA's current Gross Margin % of 64.27% is near median its 10-year median of 70.61. Over the past 10 years, this metric has ranged from a low of 64.27 to a high of 76.94. The Oil & Gas industry median Gross Margin % is 26.91. ETI SpA's value of 64.27% is 138.8% above this industry median. Based on the distribution chart, ETI SpA ranks #92 out of 875 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ETI SpA has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does ETI SpA's Gross Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, ETI SpA ranks #92 out of 875 companies for Gross Margin %. This places ETI SpA in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.91. ETI SpA's value of 64.27% is 138.8% above this benchmark. Historically, ETI SpA's own Gross Margin % has ranged from 64.27 to 76.94 over the past decade. While the company's 10-year median is 70.61 vs. the industry median of 26.91, ETI 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 Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 26.91, based on 875 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. ETI SpA's current Gross Margin % of 64.27% is 138.8% 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 ETI SpA and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETI SpA's current Gross Margin % is 64.27%, which is near median its own 10-year median of 70.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETI SpA stock overvalued right now?
ETI SpA (MIL:ETI) has a current Gross Margin % of 64.27%. The current Gross Margin % is 64.27%, which is near median its 10-year median of 70.61 and 138.8% above the Oil & Gas industry median of 26.91. ETI SpA's overall GF Score™ is 8/100 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 ETI SpA (MIL:ETI), the current Gross Margin % is 64.27% 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.
ETI SpA operates in the infrastructure construction sector and specializes in the construction, maintenance, and repair of fluid transport systems and related infrastructure. Its services serve the oil and gas and water sectors and include infrastructure projects for industrial facilities and naval construction.
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