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Mirion TechnologiesMIR +0.62%53 Gross Margin % is 46.23% as of Mar. 2026, which is 2% above its 10-year median of 45.47. GuruFocus rates MIR with a GF Score™ of 53/100 and a GF Value™ of $13.78 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,998 Industrial Products companies, Mirion Technologies ranks better than 87.02% 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
Mirion Technologies had a gross margin of 46.23% for the quarter that ended in Mar. 2026 => 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.
Mirion Technologies Gross Margin % Related Terms
Mirion Technologies Gross Margin % Historical Data
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The historical data trend for Mirion Technologies'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.
For the Specialty Industrial Machinery subindustry, Mirion Technologies'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.
Mirion Technologies Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirion Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mirion Technologies'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.
Mirion Technologies (MIR) has a Gross Margin % of 46.23% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mirion Technologies and its competitors. This is near median its historical median of 45.47. Over the past decade, Mirion Technologies' Gross Margin % has ranged from 43.20 to 47.40. According to the industry distribution chart, Mirion Technologies ranks #389 out of 2998 companies in the Industrial Products industry, placing it in the top 13%.
Is Mirion Technologies' Gross Margin % too high?
Mirion Technologies' current Gross Margin % of 46.23% is near median its 10-year median of 45.47. Over the past 10 years, this metric has ranged from a low of 43.20 to a high of 47.40. The Industrial Products industry median Gross Margin % is 26.84. Mirion Technologies' value of 46.23% is 72.2% above this industry median. Based on the distribution chart, Mirion Technologies ranks #389 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mirion Technologies has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mirion Technologies' Gross Margin % compare to CSW and FELE?
According to the Industrial Products industry distribution chart, Mirion Technologies ranks #389 out of 2998 companies for Gross Margin %. This places Mirion Technologies in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.84. Mirion Technologies' value of 46.23% is 72.2% above this benchmark. Historically, Mirion Technologies' own Gross Margin % has ranged from 43.20 to 47.40 over the past decade. While the company's 10-year median is 45.47 vs. the industry median of 26.84, Mirion Technologies 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.84, based on 2,998 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. Mirion Technologies's current Gross Margin % of 46.23% is 72.2% 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 Mirion Technologies and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirion Technologies's current Gross Margin % is 46.23%, which is near median its own 10-year median of 45.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirion Technologies stock overvalued right now?
Based on GuruFocus' analysis, Mirion Technologies (MIR) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.78, compared to a current price of $16.29 — trading 18.2% above its estimated fair value. The current Gross Margin % is 46.23%, which is near median its 10-year median of 45.47 and 72.2% above the Industrial Products industry median of 26.84. Mirion Technologies' overall GF Score™ is 53/100 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 Mirion Technologies (MIR), the current Gross Margin % is 46.23% 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 Mirion Technologies (MIR) Overvalued in 2026?
Based on GuruFocus' analysis, Mirion Technologies stock appears to be overvalued.
The current stock price of $16.29 is trading 18.2% above its estimated GF Value™ of $13.78.
GuruFocus considers Mirion Technologies to be Modestly Overvalued.
Key valuation signals for MIR:
Gross Margin %: 46.23% (near median its 10-year median of 45.47)
GF Value™: $13.78 vs. price of $16.29 (18.2% above fair value)
Industry Position: 72.2% above the Industrial Products median (#389 of 2998)
No single metric tells the full story. See the MIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirion Technologies Inc provides products, services, and software that allow customers to safely leverage the power of ionizing radiation for applications that benefit the health, safety, vitality, and technological progress of the human experience. The Company manages its operations through two segments: Nuclear & Safety and Medical. The Medical segment improves the quality and safety of cancer care delivery and supports applications across medical diagnostics and practitioner safety. The Nuclear & Safety segment powers advancements in nuclear energy and critical radiation safety, measurement and analysis applications across laboratories, research and other industrial markets such as defense.
53GF Score
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