The historical rank and industry rank for TPT Global Tech's Gross Margin % or its related term are showing as below:
TPTW's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.52 * Ranked among companies with meaningful Gross Margin % only.
TPT Global Tech had a gross margin of 17.52% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for TPT Global Tech was 0.00% per year.
TPT Global Tech (OTCPK:TPTW) 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
TPT Global Tech had a gross margin of 17.52% for the quarter that ended in Sep. 2024 => 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.
TPT Global Tech Gross Margin % Related Terms
TPT Global Tech Gross Margin % Historical Data
* Premium members only.
The historical data trend for TPT Global Tech'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.
TPTW vs BDRL, MLRT, ELST: Gross Margin % Comparison
For the Communication Equipment subindustry, TPT Global Tech'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.
TPT Global Tech Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, TPT Global Tech's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TPT Global Tech'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.
TPT Global Tech (TPTW) has a Gross Margin % of 17.52% as of Sep. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on TPT Global Tech and its competitors.
Is TPT Global Tech's Gross Margin % too high?
TPT Global Tech's current Gross Margin % is 17.52%. The Hardware industry median Gross Margin % is 24.52. TPT Global Tech's value of 17.52% is 28.5% below this industry median.
How does TPT Global Tech's Gross Margin % compare to BDRL and MLRT?
TPT Global Tech's Gross Margin % of 17.52% can be compared against companies in the Hardware industry. The industry median Gross Margin % is 24.52. TPT Global Tech's value of 17.52% is 28.5% below 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,449 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. TPT Global Tech's current Gross Margin % of 17.52% is 28.5% 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 TPT Global Tech and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPT Global Tech's current Gross Margin % is 17.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPT Global Tech stock overvalued right now?
TPT Global Tech (TPTW) has a current Gross Margin % of 17.52%. The current Gross Margin % is 17.52% and 28.5% below the Hardware industry median of 24.52. 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 TPT Global Tech (TPTW), the current Gross Margin % is 17.52% as of Sep. 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.
TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPTW has been successfully added to your 