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Filtronic (STU:FTI) Gross Margin % : 61.95% (As of Nov. 2024)


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What is Filtronic Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Filtronic's Gross Profit for the six months ended in Nov. 2024 was €19.03 Mil. Filtronic's Revenue for the six months ended in Nov. 2024 was €30.71 Mil. Therefore, Filtronic's Gross Margin % for the quarter that ended in Nov. 2024 was 61.95%.


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

STU:FTI' s Gross Margin % Range Over the Past 10 Years
Min: 26.83   Med: 51.16   Max: 66.9
Current: 62.75


During the past 13 years, the highest Gross Margin % of Filtronic was 66.90%. The lowest was 26.83%. And the median was 51.16%.

STU:FTI's Gross Margin % is ranked better than
94.82% of 2413 companies
in the Hardware industry
Industry Median: 24.63 vs STU:FTI: 62.75

Filtronic had a gross margin of 61.95% for the quarter that ended in Nov. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Filtronic was 5.30% per year.


Filtronic Gross Margin % Historical Data

The historical data trend for Filtronic'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.

* Premium members only.

Filtronic Gross Margin % Chart

Filtronic Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.97 64.89 66.90 63.17 63.21

Filtronic Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 64.21 62.05 61.73 63.94 61.95

Competitive Comparison of Filtronic's Gross Margin %

For the Communication Equipment subindustry, Filtronic'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.


Filtronic's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Filtronic's Gross Margin % distribution charts can be found below:

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



Filtronic Gross Margin % Calculation

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

Filtronic's Gross Margin for the fiscal year that ended in May. 2024 is calculated as

Gross Margin % (A: May. 2024 )=Gross Profit (A: May. 2024 ) / Revenue (A: May. 2024 )
=18.8 / 29.74
=(Revenue - Cost of Goods Sold) / Revenue
=(29.74 - 10.942) / 29.74
=63.21 %

Filtronic's Gross Margin for the quarter that ended in Nov. 2024 is calculated as


Gross Margin % (Q: Nov. 2024 )=Gross Profit (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=19 / 30.714
=(Revenue - Cost of Goods Sold) / Revenue
=(30.714 - 11.686) / 30.714
=61.95 %

* 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.


Filtronic  (STU:FTI) 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

Filtronic had a gross margin of 61.95% for the quarter that ended in Nov. 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.


Filtronic Gross Margin % Related Terms

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Filtronic Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.