PTOI (Plastic2Oil) Gross Margin %: 0.00% (As of Sep. 2019)


What is Plastic2Oil Gross Margin %?

Plastic2Oil PTOI Gross Margin % is 0.00% as of Sep. 2019.

Gross Margin % is calculated as gross profit divided by its revenue. Plastic2Oil's Gross Profit for the three months ended in Sep. 2019 was $-0.01 Mil. Plastic2Oil's Revenue for the three months ended in Sep. 2019 was $0.00 Mil. Therefore, Plastic2Oil's Gross Margin % for the quarter that ended in Sep. 2019 was 0.00%.


The historical rank and industry rank for Plastic2Oil's Gross Margin % or its related term are showing as below:


PTOI's Gross Margin % is not ranked *
in the Waste Management industry.
Industry Median: 27.35
* Ranked among companies with meaningful Gross Margin % only.

Plastic2Oil had a gross margin of % for the quarter that ended in Sep. 2019 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Plastic2Oil was 0.00% per year.


Plastic2Oil  (OTCPK:PTOI) 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

Plastic2Oil had a gross margin of % for the quarter that ended in Sep. 2019 => 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.


Plastic2Oil Gross Margin % Related Terms


Plastic2Oil Gross Margin % Historical Data

* Premium members only.

The historical data trend for Plastic2Oil'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.

Plastic2Oil Gross Margin % Chart

Plastic2Oil Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.10 -5,400.00 -3,454.55 0.00 0.00

Plastic2Oil Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

PTOI vs CREG, AWX, JAN: Gross Margin % Comparison

For the Waste Management subindustry, Plastic2Oil'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.


Plastic2Oil Gross Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Plastic2Oil's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Plastic2Oil's Gross Margin % falls into.



Plastic2Oil Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Plastic2Oil's Gross Margin for the fiscal year that ended in Dec. 2018 is calculated as

Gross Margin % (A: Dec. 2018 )=Gross Profit (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=-0.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.175) / 0
= %

Plastic2Oil's Gross Margin for the quarter that ended in Sep. 2019 is calculated as


Gross Margin % (Q: Sep. 2019 )=Gross Profit (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.007) / 0
= %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Plastic2Oil (PTOI) has a Gross Margin % of 0.00% as of Sep. 2019. Gross margin is the ratio of total gross profit to net sales. View historical data on Plastic2Oil and its competitors.
Is Plastic2Oil's Gross Margin % too high?
Plastic2Oil's current Gross Margin % is 0.00%.
How does Plastic2Oil's Gross Margin % compare to CREG and AWX?
Plastic2Oil's Gross Margin % of 0.00% can be compared against companies in the Waste Management industry. The industry median Gross Margin % is 27.35. 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 Waste Management company?
The median Gross Margin % among Waste Management companies is 27.35, based on 236 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. 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 Plastic2Oil and its competitors. For the Waste Management industry, the median Gross Margin % is 27.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plastic2Oil's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plastic2Oil stock overvalued right now?
Plastic2Oil (PTOI) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. 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 Plastic2Oil (PTOI), the current Gross Margin % is 0.00% as of Sep. 2019. 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.

Plastic2Oil Business Description

Address 20 Iroquois Street, Niagara Falls, NY, USA, 14303
Plastic2Oil Inc is a U.S based fuel company which engages in transforming unsorted and unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need for refinement in the United States. The company uses waste plastic as feedstock to produce Fuel Oil No. 2, naphtha, and Fuel Oil No. 6 for various uses. The company also produces by-products, including an off-gas similar to natural gas and a petcoke carbon residue.