RICOF (Ricoh Co) Gross Margin %: 32.98% (As of Mar. 2026) — Near Median


RICOF Ricoh Co Ltd RICOF
68 GF Score
Price $9.19
GF Value $9.82
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Ricoh Co Gross Margin %?

Ricoh Co RICOF 68 Gross Margin % is 32.98% as of Mar. 2026, which is 6% below its 10-year median of 35.17. GuruFocus rates RICOF with a GF Score™ of 68/100 and a GF Value™ of $9.82 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,003 Industrial Products companies, Ricoh Co ranks better than 67.83% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ricoh Co's Gross Profit for the three months ended in Mar. 2026 was $1,509 Mil. Ricoh Co's Revenue for the three months ended in Mar. 2026 was $4,575 Mil. Therefore, Ricoh Co's Gross Margin % for the quarter that ended in Mar. 2026 was 32.98%.


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

RICOF' s Gross Margin % Range Over the Past 10 Years
Min: 34.02   Med: 35.17   Max: 38.87
Current: 34.09


During the past 13 years, the highest Gross Margin % of Ricoh Co was 38.87%. The lowest was 34.02%. And the median was 35.17%.

RICOF's Gross Margin % is ranked better than
67.83% of 3003 companies
in the Industrial Products industry
Industry Median: 26.79 vs RICOF: 34.09

Ricoh Co had a gross margin of 32.98% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ricoh Co was -0.20% per year.


Ricoh Co  (OTCPK:RICOF) 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

Ricoh Co had a gross margin of 32.98% for the quarter that ended in Mar. 2026 => 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.


Ricoh Co Gross Margin % Related Terms


Ricoh Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ricoh Co'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.

Ricoh Co Gross Margin % Chart

Ricoh Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.41 34.93 34.91 34.36 34.09

Ricoh Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 32.87 35.70 33.11 34.84 32.98

Ricoh Co Gross Margin % Competitor Comparison

For the Business Equipment & Supplies subindustry, Ricoh Co'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.


Ricoh Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ricoh Co's Gross Margin % distribution charts can be found below:

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


RICOF
68GF Score
Ricoh Co Ltd RICOF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ricoh Co Gross Margin % Calculation

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

Ricoh Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=5603.3 / 16437.293
=(Revenue - Cost of Goods Sold) / Revenue
=(16437.293 - 10833.985) / 16437.293
=34.09 %

Ricoh Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1509 / 4575.193
=(Revenue - Cost of Goods Sold) / Revenue
=(4575.193 - 3066.194) / 4575.193
=32.98 %

* 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 32.98% mean?
Ricoh Co (RICOF) has a Gross Margin % of 32.98% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ricoh Co and its competitors. This is near median its historical median of 35.17. Over the past decade, Ricoh Co's Gross Margin % has ranged from 34.02 to 38.87. According to the industry distribution chart, Ricoh Co ranks #966 out of 3003 companies in the Industrial Products industry, placing it in the top 32.2%.
Is Ricoh Co's Gross Margin % too high?
Ricoh Co's current Gross Margin % of 32.98% is near median its 10-year median of 35.17. Over the past 10 years, this metric has ranged from a low of 34.02 to a high of 38.87. The Industrial Products industry median Gross Margin % is 26.79. Ricoh Co's value of 32.98% is 23.1% above this industry median. Based on the distribution chart, Ricoh Co ranks #966 out of 3003 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ricoh Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ricoh Co's Gross Margin % compare to competitors?
According to the Industrial Products industry distribution chart, Ricoh Co ranks #966 out of 3003 companies for Gross Margin %. This puts Ricoh Co in the upper half of its industry. The industry median Gross Margin % is 26.79. Ricoh Co's value of 32.98% is 23.1% above this benchmark. Historically, Ricoh Co's own Gross Margin % has ranged from 34.02 to 38.87 over the past decade. While the company's 10-year median is 35.17 vs. the industry median of 26.79, Ricoh Co 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 26.79, based on 3,003 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. Ricoh Co's current Gross Margin % of 32.98% is 23.1% 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 Ricoh Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ricoh Co's current Gross Margin % is 32.98%, which is near median its own 10-year median of 35.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ricoh Co stock overvalued right now?
Based on GuruFocus' analysis, Ricoh Co (RICOF) is currently considered Fairly Valued. The stock's GF Value™ is $9.82, compared to a current price of $9.19 — trading 6.4% below its estimated fair value. The current Gross Margin % is 32.98%, which is near median its 10-year median of 35.17 and 23.1% above the Industrial Products industry median of 26.79. Ricoh Co's overall GF Score™ is 68/100 with 3 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 Ricoh Co (RICOF), the current Gross Margin % is 32.98% 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 Ricoh Co (RICOF) Overvalued in 2026?

Based on GuruFocus' analysis, Ricoh Co stock appears to be undervalued. The current stock price of $9.19 is trading 6.4% below its estimated GF Value™ of $9.82. GuruFocus considers Ricoh Co to be Fairly Valued.

Key valuation signals for RICOF:

  • Gross Margin %: 32.98% (near median its 10-year median of 35.17)
  • GF Value™: $9.82 vs. price of $9.19 (6.4% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 23.1% above the Industrial Products median (#966 of 3003)

No single metric tells the full story. See the RICOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ricoh Co Business Description

Address 3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd is engaged in the manufacture and sale of office automation equipment, electronic devices, and photographic instruments. Digital Products segment manufactures multifunction printers, printing machines, scanners, fax machines, network equipment, auto ID systems, electrical units, and related consumables. Digital Services segment covers sales of printers, PCs, servers, network equipment, software, support, solutions, and document-related services. Graphic Communications segment provides production printers, imaging systems, industrial printers, inkjet heads, and consumables. Industrial Solutions segment offers thermal paper, media, optical components, and precision parts. Others segment includes digital cameras, 360-degree cameras, environmental & healthcare-related businesses.
68GF Score

Get the complete analysis for RICOF

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.19
Price
$9.82
GF Value