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Argo Defence Group ABNGM:ARGO -3.40%11 Gross Margin % is 21.04% as of Dec. 2025, which is at its 10-year median of 21.04. GuruFocus rates NGM:ARGO with a GF Score™ of 11/100. Among 345 Aerospace & Defense companies, Argo Defence Group AB ranks worse than 62.03% on this metric.
NGM:ARGO's Gross Margin % is ranked worse than 62.03% of 345
companies
in the Aerospace & Defense industry
Industry Median: 26.7
vs NGM:ARGO: 21.04
Argo Defence Group AB had a gross margin of 21.04% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Argo Defence Group AB was 0.00% per year.
Argo Defence Group AB (NGM:ARGO) 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
Argo Defence Group AB had a gross margin of 21.04% for the quarter that ended in Dec. 2025 => 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.
Argo Defence Group AB Gross Margin % Related Terms
Argo Defence Group AB Gross Margin % Historical Data
* Premium members only.
The historical data trend for Argo Defence Group AB'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.
Argo Defence Group AB Gross Margin % Chart
Argo Defence Group AB Annual Data
Trend
Dec23
Dec24
Dec25
Gross Margin %
38.24
17.47
21.04
Argo Defence Group AB Semi-Annual Data
Dec23
Dec24
Dec25
Gross Margin %
38.24
17.47
21.04
NGM:ARGO vs SPCX, GE, RTX: Gross Margin % Comparison
For the Aerospace & Defense subindustry, Argo Defence Group AB'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.
Argo Defence Group AB Gross Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Argo Defence Group AB's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Argo Defence Group AB'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.
Argo Defence Group AB (NGM:ARGO) has a Gross Margin % of 21.04% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Argo Defence Group AB and its competitors. This is near median its historical median of 21.04. Over the past decade, Argo Defence Group AB's Gross Margin % has ranged from 17.47 to 38.24. According to the industry distribution chart, Argo Defence Group AB ranks #214 out of 345 companies in the Aerospace & Defense industry, placing it in the top 62%.
Is Argo Defence Group AB's Gross Margin % too high?
Argo Defence Group AB's current Gross Margin % of 21.04% is near median its 10-year median of 21.04. Over the past 10 years, this metric has ranged from a low of 17.47 to a high of 38.24. The Aerospace & Defense industry median Gross Margin % is 26.70. Argo Defence Group AB's value of 21.04% is 21.2% below this industry median. Based on the distribution chart, Argo Defence Group AB ranks #214 out of 345 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Argo Defence Group AB has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Argo Defence Group AB's Gross Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Argo Defence Group AB ranks #214 out of 345 companies for Gross Margin %. This places Argo Defence Group AB in the lower half of its industry. The industry median Gross Margin % is 26.70. Argo Defence Group AB's value of 21.04% is 21.2% below this benchmark. Historically, Argo Defence Group AB's own Gross Margin % has ranged from 17.47 to 38.24 over the past decade. While the company's 10-year median is 21.04 vs. the industry median of 26.70, Argo Defence Group AB has consistently been below 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 Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.70, based on 345 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. Argo Defence Group AB's current Gross Margin % of 21.04% is 21.2% below 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 Argo Defence Group AB and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Defence Group AB's current Gross Margin % is 21.04%, which is near median its own 10-year median of 21.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Defence Group AB stock overvalued right now?
Argo Defence Group AB (NGM:ARGO) has a current Gross Margin % of 21.04%. The current Gross Margin % is 21.04%, which is near median its 10-year median of 21.04 and 21.2% below the Aerospace & Defense industry median of 26.70. Argo Defence Group AB's overall GF Score™ is 11/100. 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 Argo Defence Group AB (NGM:ARGO), the current Gross Margin % is 21.04% 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.
Argo Defence Group AB is a defence company. The company is focused on providing materiel, technology, and system solutions to strengthen military and civil defence sectors. The company operates in three areas namely, Defence Materiel, Counter-Explosive Risk Solutions, and Airfield Operations. The Defence Materiel develops equipment and systems for national defence and civil protection; Counter-Explosive Risk Solutions handles mine clearance, risk management, and safe munitions destruction; and Airfield Operations builds technical systems for airports and high-security sites.
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