Finning InternationalTSX:FTT -0.32%80 Gross Margin % is 24.07% as of Mar. 2026, which is 1% below its 10-year median of 24.33. GuruFocus rates TSX:FTT with a GF Score™ of 80/100 and a GF Value™ of C$48.88 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 153 Industrial Distribution companies, Finning International ranks worse than 54.9% on this metric.
TSX:FTT's Gross Margin % is ranked worse than 54.9% of 153
companies
in the Industrial Distribution industry
Industry Median: 24.34
vs TSX:FTT: 23.06
Finning International had a gross margin of 24.07% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Finning International was -1.70% per year.
Finning International (TSX:FTT) 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
Finning International had a gross margin of 24.07% 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.
Finning International Gross Margin % Related Terms
Finning International Gross Margin % Historical Data
* Premium members only.
The historical data trend for Finning International'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.
TSX:FTT vs GWW, FAST, FERG: Gross Margin % Comparison
For the Industrial Distribution subindustry, Finning International'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.
Finning International Gross Margin % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Finning International's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Finning International'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.
Finning International (TSX:FTT) has a Gross Margin % of 24.07% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Finning International and its competitors. This is near median its historical median of 24.33. Over the past decade, Finning International's Gross Margin % has ranged from 23.01 to 26.44. According to the industry distribution chart, Finning International ranks #84 out of 153 companies in the Industrial Distribution industry, placing it in the top 54.9%.
Is Finning International's Gross Margin % too high?
Finning International's current Gross Margin % of 24.07% is near median its 10-year median of 24.33. Over the past 10 years, this metric has ranged from a low of 23.01 to a high of 26.44. The Industrial Distribution industry median Gross Margin % is 24.34. Finning International's value of 24.07% is 1.1% below this industry median. Based on the distribution chart, Finning International ranks #84 out of 153 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Finning International has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finning International's Gross Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Finning International ranks #84 out of 153 companies for Gross Margin %. This places Finning International in the lower half of its industry. The industry median Gross Margin % is 24.34. Finning International's value of 24.07% is 1.1% below this benchmark. Historically, Finning International's own Gross Margin % has ranged from 23.01 to 26.44 over the past decade. While the company's 10-year median is 24.33 vs. the industry median of 24.34, Finning International has consistently been below 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 Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.34, based on 153 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. Finning International's current Gross Margin % of 24.07% is 1.1% 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 Finning International and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finning International's current Gross Margin % is 24.07%, which is near median its own 10-year median of 24.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finning International stock overvalued right now?
Based on GuruFocus' analysis, Finning International (TSX:FTT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$48.88, compared to a current price of C$96.13 — trading 96.7% above its estimated fair value. The current Gross Margin % is 24.07%, which is near median its 10-year median of 24.33 and 1.1% below the Industrial Distribution industry median of 24.34. Finning International's overall GF Score™ is 80/100 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 Finning International (TSX:FTT), the current Gross Margin % is 24.07% 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 Finning International (TSX:FTT) Overvalued in 2026?
Based on GuruFocus' analysis, Finning International stock appears to be overvalued.
The current stock price of C$96.13 is trading 96.7% above its estimated GF Value™ of C$48.88.
GuruFocus considers Finning International to be Significantly Overvalued.
Key valuation signals for TSX:FTT:
Gross Margin %: 24.07% (near median its 10-year median of 24.33)
GF Value™: C$48.88 vs. price of C$96.13 (96.7% above fair value)
Industry Position: 1.1% below the Industrial Distribution median (#84 of 153)
No single metric tells the full story. See the TSX:FTT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, Chile, UK, Argentina and Others.
80GF Score
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