The historical rank and industry rank for Sunnova Energy International's Gross Margin % or its related term are showing as below:
NOVAQ's Gross Margin % is not ranked *
in the Semiconductors industry.
Industry Median: 29.61 * Ranked among companies with meaningful Gross Margin % only.
Sunnova Energy International had a gross margin of 44.32% for the quarter that ended in Dec. 2024 => Durable competitive advantage
Sunnova Energy International (OTCPK:NOVAQ) 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
Sunnova Energy International had a gross margin of 44.32% for the quarter that ended in Dec. 2024 => 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.
Sunnova Energy International Gross Margin % Related Terms
Sunnova Energy International Gross Margin % Historical Data
* 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.
NOVAQ vs VSTTF, SING, APWL: Gross Margin % Comparison
For the Solar subindustry, Sunnova Energy International'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.
Sunnova Energy International Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sunnova Energy International's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Sunnova Energy International'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.
Sunnova Energy International (NOVAQ) has a Gross Margin % of 44.32% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Sunnova Energy International and its competitors.
Is Sunnova Energy International's Gross Margin % too high?
Sunnova Energy International's current Gross Margin % is 44.32%. The Semiconductors industry median Gross Margin % is 29.61. Sunnova Energy International's value of 44.32% is 49.7% above this industry median.
How does Sunnova Energy International's Gross Margin % compare to VSTTF and SING?
Sunnova Energy International's Gross Margin % of 44.32% can be compared against companies in the Semiconductors industry. The industry median Gross Margin % is 29.61. Sunnova Energy International's value of 44.32% is 49.7% above this benchmark. 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 a Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,011 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. Sunnova Energy International's current Gross Margin % of 44.32% is 49.7% 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 Sunnova Energy International and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunnova Energy International's current Gross Margin % is 44.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunnova Energy International stock overvalued right now?
Sunnova Energy International (NOVAQ) has a current Gross Margin % of 44.32%. The current Gross Margin % is 44.32% and 49.7% above the Semiconductors industry median of 29.61. 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 Sunnova Energy International (NOVAQ), the current Gross Margin % is 44.32% as of Dec. 2024. 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.
Sunnova Energy International Inc is a residential solar energy products and services provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.
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