The historical rank and industry rank for Tree Island Steel's Gross Margin % or its related term are showing as below:
TWIRF'
s Gross Margin % Range Over the Past 10 Years
Min: 7.75 Med: 11.94 Max: 22.74
Current: 9.73
During the past 13 years, the highestGross Margin % of Tree Island Steel was 22.74%. The lowest was 7.75%. And the median was 11.94%.
TWIRF's Gross Margin % is ranked worse than 60.79% of 584
companies
in the Steel industry
Industry Median: 12.845
vs TWIRF: 9.73
Tree Island Steel had a gross margin of 7.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Tree Island Steel was 9.60% per year.
Tree Island Steel Gross Margin % Historical Data
The historical data trend for Tree Island Steel'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.
Competitive Comparison of Tree Island Steel's Gross Margin %
For the Steel subindustry, Tree Island Steel'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.
Tree Island Steel's Gross Margin % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Tree Island Steel's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tree Island Steel'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.
Tree Island Steel (OTCPK:TWIRF) 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
Tree Island Steel had a gross margin of 7.97% for the quarter that ended in Mar. 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.
Tree Island Steel Gross Margin % Related Terms
Thank you for viewing the detailed overview of Tree Island Steel's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tree Island Steel (Tree Island Steel) Business Description
Tree Island Steel Ltd operates in the steel business. It is engaged in the manufacturing and sale of steel wire and related products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The firm groups its products into the following: Industrial, Commercial, Agricultural, Construction, and Residential Construction. Key revenue is derived from the Industrial segment. The products are offered under Tree Island, Halsteel, K-Lath, True spec, Toughstrand, and Stucco-rite brands. Geographically the firm has its business presence across the region of the United States, Canada, and other regions, of which the United States region accounts for the majority share of the revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TWIRF has been successfully added to your 