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Gross Margin % is calculated as gross profit divided by its revenue. Mason Industrial Technology's Gross Profit for the three months ended in Sep. 2022 was $0.00 Mil. Mason Industrial Technology's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Mason Industrial Technology's Gross Margin % for the quarter that ended in Sep. 2022 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.
The historical rank and industry rank for Mason Industrial Technology's Gross Margin % or its related term are showing as below:
Mason Industrial Technology had a gross margin of N/A% for the quarter that ended in Sep. 2022 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mason Industrial Technology was 0.00% per year.
The historical data trend for Mason Industrial Technology'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.
Mason Industrial Technology Annual Data | |||||
Trend | Dec20 | Dec21 | |||
Gross Margin % | - | - |
Mason Industrial Technology Quarterly Data | |||||||||
Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | |
Gross Margin % | Get a 7-Day Free Trial |
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For the Shell Companies subindustry, Mason Industrial Technology'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.
For the Diversified Financial Services industry and Financial Services sector, Mason Industrial Technology's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mason Industrial Technology's Gross Margin % falls into.
Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)
Mason Industrial Technology's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as
Gross Margin % (A: Dec. 2021 ) | = | Gross Profit (A: Dec. 2021 ) | / | Revenue (A: Dec. 2021 ) |
= | 0 | / | 0 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (0 - 0) | / | 0 | |
= | N/A % |
Mason Industrial Technology's Gross Margin for the quarter that ended in Sep. 2022 is calculated as
Gross Margin % (Q: Sep. 2022 ) | = | Gross Profit (Q: Sep. 2022 ) | / | Revenue (Q: Sep. 2022 ) |
= | 0 | / | 0 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (0 - 0) | / | 0 | |
= | N/A % |
* 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.
Mason Industrial Technology (NYSE:MIT.U) 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
Mason Industrial Technology had a gross margin of N/A% for the quarter that ended in Sep. 2022 => 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.
Thank you for viewing the detailed overview of Mason Industrial Technology's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
William B Plummer | director | C/O UNITED RENTALS INC / DE, 100 FIRST STAMFORD PL STE 700, STAMFORD CT 06902 |
James L Bauman | director | 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000 |
Mason Capital Management Llc | director, 10 percent owner | 110 EAST 59TH STREET, 30TH FLOOR, NEW YORK NY 10022 |
Kenneth M. Garschina | 10 percent owner | 110 EAST 59TH STREET, NEW YORK NY 10022 |
Michael E Martino | director, 10 percent owner | 110 EAST 59TH STREET, NEW YORK NY 10022 |
Rose Edward Arthur Iii | director, officer: Chief Executive Officer | 5255 VIRGINIA AVE, NORTH CHARLESTON SC 29406 |
Sanford Marshall C Jr | director | 1725 ATLANTIC AVE, SULLIVANS ISLAND SC 29482 |
Mason Industrial Sponsor, Llc | 10 percent owner | 110 E. 59TH STREET, NEW YORK NY 10022 |
Derek Satzinger | director, officer: Chief Financial Officer | 110 E. 59TH STREET, NEW YORK NY 10022 |
Diane M. Parisi | director | 110 E. 59TH STREET, NEW YORK NY 10022 |
Pamela Chepiga | director | 110 E. 59TH STREET, NEW YORK NY 10022 |
Philip B. Whitehead | director | 110 E. 59TH STREET, NEW YORK NY 10022 |
Mason Capital Master Fund, L.p. | 10 percent owner | 110 EAST 59TH STREET, NEW YORK NY 10022 |
Mason Management Llc | 10 percent owner | 110 EAST 59TH STREET, NEW YORK NY 10022 |
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