Elevate Service Group (TSXV:SERV) Gross Margin %: 33.20% (As of Mar. 2026) — Near Median

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TSXV:SERV Elevate Service Group Inc TSXV:SERV
11 GF Score
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What is Elevate Service Group Gross Margin %?

Elevate Service Group TSXV:SERV -1.00% 11 Gross Margin % is 33.20% as of Mar. 2026, which is 2% above its 10-year median of 32.68. GuruFocus rates TSXV:SERV with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 1,007 Business Services companies, Elevate Service Group ranks better than 78.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Elevate Service Group's Gross Profit for the three months ended in Mar. 2026 was C$2.52 Mil. Elevate Service Group's Revenue for the three months ended in Mar. 2026 was C$7.59 Mil. Therefore, Elevate Service Group's Gross Margin % for the quarter that ended in Mar. 2026 was 33.20%.


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

TSXV:SERV' s Gross Margin % Range Over the Past 10 Years
Min: 32.68   Med: 32.68   Max: 62.18
Current: 62.18


During the past 2 years, the highest Gross Margin % of Elevate Service Group was 62.18%. The lowest was 32.68%. And the median was 32.68%.

TSXV:SERV's Gross Margin % is ranked better than
78.75% of 1007 companies
in the Business Services industry
Industry Median: 34.53 vs TSXV:SERV: 62.18

Elevate Service Group had a gross margin of 33.20% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Elevate Service Group was 0.00% per year.


Elevate Service Group  (TSXV:SERV) 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

Elevate Service Group had a gross margin of 33.20% 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.


Elevate Service Group Gross Margin % Related Terms


Elevate Service Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Elevate Service Group'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.

Elevate Service Group Gross Margin % Chart

Elevate Service Group Annual Data
Trend Dec24 Dec25
Gross Margin %
0.00 32.68

Elevate Service Group Quarterly Data
Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 33.20

TSXV:SERV vs CTAS, CPRT, ULS: Gross Margin % Comparison

For the Specialty Business Services subindustry, Elevate Service Group'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.


Elevate Service Group Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Elevate Service Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Elevate Service Group's Gross Margin % falls into.


TSXV:SERV
11GF Score
Elevate Service Group Inc TSXV:SERV
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elevate Service Group Gross Margin % Calculation

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

Elevate Service Group's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1.9 / 5.817
=(Revenue - Cost of Goods Sold) / Revenue
=(5.817 - 3.916) / 5.817
=32.68 %

Elevate Service Group'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 )
=2.5 / 7.59
=(Revenue - Cost of Goods Sold) / Revenue
=(7.59 - 5.07) / 7.59
=33.20 %

* 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 33.20% mean?
Elevate Service Group (TSXV:SERV) has a Gross Margin % of 33.20% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Elevate Service Group and its competitors. This is near median its historical median of 32.68. Over the past decade, Elevate Service Group's Gross Margin % has ranged from 32.68 to 62.18. According to the industry distribution chart, Elevate Service Group ranks #214 out of 1007 companies in the Business Services industry, placing it in the top 21.3%.
Is Elevate Service Group's Gross Margin % too high?
Elevate Service Group's current Gross Margin % of 33.20% is near median its 10-year median of 32.68. Over the past 10 years, this metric has ranged from a low of 32.68 to a high of 62.18. The Business Services industry median Gross Margin % is 34.53. Elevate Service Group's value of 33.20% is 3.9% below this industry median. Based on the distribution chart, Elevate Service Group ranks #214 out of 1007 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Elevate Service Group has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Elevate Service Group's Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Elevate Service Group ranks #214 out of 1007 companies for Gross Margin %. This places Elevate Service Group in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 34.53. Elevate Service Group's value of 33.20% is 3.9% below this benchmark. Historically, Elevate Service Group's own Gross Margin % has ranged from 32.68 to 62.18 over the past decade. While the company's 10-year median is 32.68 vs. the industry median of 34.53, Elevate Service Group 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 a Business Services company?
The median Gross Margin % among Business Services companies is 34.53, based on 1,007 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. Elevate Service Group's current Gross Margin % of 33.20% is 3.9% 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 Elevate Service Group and its competitors. For the Business Services industry, the median Gross Margin % is 34.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elevate Service Group's current Gross Margin % is 33.20%, which is near median its own 10-year median of 32.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elevate Service Group stock overvalued right now?
Elevate Service Group (TSXV:SERV) has a current Gross Margin % of 33.20%. The current Gross Margin % is 33.20%, which is near median its 10-year median of 32.68 and 3.9% below the Business Services industry median of 34.53. Elevate Service Group's overall GF Score™ is 11/100 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 Elevate Service Group (TSXV:SERV), the current Gross Margin % is 33.20% 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.

Elevate Service Group Business Description

Address 5450 Mainway Drive, Burlington, ON, CAN, L7L 6A4
Elevate Service Group Inc is a platform company focused on consolidating and modernizing the facilities management and commercial services industry across North America. It offers a single point of contact to deliver a comprehensive suite of essential facility services including electrical, plumbing, equipment repair, recurring preventative maintenance, store renovations, and capital asset management. The company also provide warehousing and inventory storage in proximity to client needs.
11GF Score

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