Badger Infrastructure SolutionsTSX:BDGI -0.10%89 Gross Margin % is 24.53% as of Mar. 2026, which is 16% below its 10-year median of 29.34. GuruFocus rates TSX:BDGI with a GF Score™ of 89/100 and a GF Value™ of C$55.82 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,718 Construction companies, Badger Infrastructure Solutions ranks better than 65.72% on this metric.
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
Badger Infrastructure Solutions had a gross margin of 24.53% 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.
Badger Infrastructure Solutions Gross Margin % Related Terms
Badger Infrastructure Solutions 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.
TSX:BDGI vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Badger Infrastructure Solutions'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.
Badger Infrastructure Solutions Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Badger Infrastructure Solutions's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Badger Infrastructure Solutions'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.
Badger Infrastructure Solutions (TSX:BDGI) has a Gross Margin % of 24.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Badger Infrastructure Solutions and its competitors. This is 16% below median its historical median of 29.34. Over the past decade, Badger Infrastructure Solutions' Gross Margin % has ranged from 20.94 to 31.08. According to the industry distribution chart, Badger Infrastructure Solutions ranks #589 out of 1718 companies in the Construction industry, placing it in the top 34.3%.
Is Badger Infrastructure Solutions' Gross Margin % too high?
Badger Infrastructure Solutions' current Gross Margin % of 24.53% is 16% below median its 10-year median of 29.34. Over the past 10 years, this metric has ranged from a low of 20.94 to a high of 31.08. The Construction industry median Gross Margin % is 20.72. Badger Infrastructure Solutions' value of 24.53% is 18.4% above this industry median. Based on the distribution chart, Badger Infrastructure Solutions ranks #589 out of 1718 companies in the Construction industry, which is above the industry midpoint. Overall, Badger Infrastructure Solutions has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Badger Infrastructure Solutions' Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Badger Infrastructure Solutions ranks #589 out of 1718 companies for Gross Margin %. This puts Badger Infrastructure Solutions in the upper half of its industry. The industry median Gross Margin % is 20.72. Badger Infrastructure Solutions' value of 24.53% is 18.4% above this benchmark. Historically, Badger Infrastructure Solutions' own Gross Margin % has ranged from 20.94 to 31.08 over the past decade. While the company's 10-year median is 29.34 vs. the industry median of 20.72, Badger Infrastructure Solutions 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 a Construction company?
The median Gross Margin % among Construction companies is 20.72, based on 1,718 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. Badger Infrastructure Solutions's current Gross Margin % of 24.53% is 18.4% 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 Badger Infrastructure Solutions and its competitors. For the Construction industry, the median Gross Margin % is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Infrastructure Solutions's current Gross Margin % is 24.53%, which is 16% below median its own 10-year median of 29.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Infrastructure Solutions stock overvalued right now?
Based on GuruFocus' analysis, Badger Infrastructure Solutions (TSX:BDGI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$55.82, compared to a current price of C$93.02 — trading 66.6% above its estimated fair value. The current Gross Margin % is 24.53%, which is 16% below median its 10-year median of 29.34 and 18.4% above the Construction industry median of 20.72. Badger Infrastructure Solutions' overall GF Score™ is 89/100 with 7 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 Badger Infrastructure Solutions (TSX:BDGI), the current Gross Margin % is 24.53% 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 Badger Infrastructure Solutions (TSX:BDGI) Overvalued in 2026?
Based on GuruFocus' analysis, Badger Infrastructure Solutions stock appears to be overvalued.
The current stock price of C$93.02 is trading 66.6% above its estimated GF Value™ of C$55.82.
GuruFocus considers Badger Infrastructure Solutions to be Significantly Overvalued.
Key valuation signals for TSX:BDGI:
Gross Margin %: 24.53% (16% below median its 10-year median of 29.34)
GF Value™: C$55.82 vs. price of C$93.02 (66.6% above fair value)
Industry Position: 18.4% above the Construction median (#589 of 1718)
No single metric tells the full story. See the TSX:BDGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Badger Infrastructure Solutions Business Description
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating and related services, with operations in both the United States and Canada. Its key technology is the Badger Hydrovac, which is used predominantly for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units into its existing and future design and manufacturing processes. It provides services to contractors and facility owners in a range of infrastructure industries, general commercial construction and industrial cleaning services.
89GF Score
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