Ushio (UHOIF) Gross Margin %: 36.24% (As of Mar. 2026) — Near Median


UHOIF Ushio Inc UHOIF
77 GF Score
Price $28.64
GF Value $17.19
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ushio Gross Margin %?

Ushio UHOIF 77 Gross Margin % is 36.24% as of Mar. 2026, which is 2% above its 10-year median of 35.63. GuruFocus rates UHOIF with a GF Score™ of 77/100 and a GF Value™ of $17.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,003 Industrial Products companies, Ushio ranks better than 72.69% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ushio's Gross Profit for the three months ended in Mar. 2026 was $119 Mil. Ushio's Revenue for the three months ended in Mar. 2026 was $329 Mil. Therefore, Ushio's Gross Margin % for the quarter that ended in Mar. 2026 was 36.24%.


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

UHOIF' s Gross Margin % Range Over the Past 10 Years
Min: 33.6   Med: 35.63   Max: 38.19
Current: 36.56


During the past 13 years, the highest Gross Margin % of Ushio was 38.19%. The lowest was 33.60%. And the median was 35.63%.

UHOIF's Gross Margin % is ranked better than
72.69% of 3003 companies
in the Industrial Products industry
Industry Median: 26.79 vs UHOIF: 36.56

Ushio had a gross margin of 36.24% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ushio was 1.20% per year.


Ushio  (OTCPK:UHOIF) 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

Ushio had a gross margin of 36.24% 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.


Ushio Gross Margin % Related Terms


Ushio Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ushio'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.

Ushio Gross Margin % Chart

Ushio Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.30 36.12 36.18 35.03 36.56

Ushio Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.82 36.53 36.26 37.23 36.24

UHOIF vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Ushio'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.


Ushio Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ushio's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ushio's Gross Margin % falls into.


UHOIF
77GF Score
Ushio Inc UHOIF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ushio Gross Margin % Calculation

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

Ushio's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=412.9 / 1129.367
=(Revenue - Cost of Goods Sold) / Revenue
=(1129.367 - 716.48) / 1129.367
=36.56 %

Ushio'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 )
=119.4 / 329.362
=(Revenue - Cost of Goods Sold) / Revenue
=(329.362 - 209.985) / 329.362
=36.24 %

* 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 36.24% mean?
Ushio (UHOIF) has a Gross Margin % of 36.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ushio and its competitors. This is near median its historical median of 35.63. Over the past decade, Ushio's Gross Margin % has ranged from 33.60 to 38.19. According to the industry distribution chart, Ushio ranks #820 out of 3003 companies in the Industrial Products industry, placing it in the top 27.3%.
Is Ushio's Gross Margin % too high?
Ushio's current Gross Margin % of 36.24% is near median its 10-year median of 35.63. Over the past 10 years, this metric has ranged from a low of 33.60 to a high of 38.19. The Industrial Products industry median Gross Margin % is 26.79. Ushio's value of 36.24% is 35.3% above this industry median. Based on the distribution chart, Ushio ranks #820 out of 3003 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ushio has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ushio's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ushio ranks #820 out of 3003 companies for Gross Margin %. This puts Ushio in the upper half of its industry. The industry median Gross Margin % is 26.79. Ushio's value of 36.24% is 35.3% above this benchmark. Historically, Ushio's own Gross Margin % has ranged from 33.60 to 38.19 over the past decade. While the company's 10-year median is 35.63 vs. the industry median of 26.79, Ushio 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 3,003 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. Ushio's current Gross Margin % of 36.24% is 35.3% 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 Ushio and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ushio's current Gross Margin % is 36.24%, which is near median its own 10-year median of 35.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ushio stock overvalued right now?
Based on GuruFocus' analysis, Ushio (UHOIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.19, compared to a current price of $28.64 — trading 66.6% above its estimated fair value. The current Gross Margin % is 36.24%, which is near median its 10-year median of 35.63 and 35.3% above the Industrial Products industry median of 26.79. Ushio's overall GF Score™ is 77/100 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 Ushio (UHOIF), the current Gross Margin % is 36.24% 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 Ushio (UHOIF) Overvalued in 2026?

Based on GuruFocus' analysis, Ushio stock appears to be overvalued. The current stock price of $28.64 is trading 66.6% above its estimated GF Value™ of $17.19. GuruFocus considers Ushio to be Significantly Overvalued.

Key valuation signals for UHOIF:

  • Gross Margin %: 36.24% (near median its 10-year median of 35.63)
  • GF Value™: $17.19 vs. price of $28.64 (66.6% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 35.3% above the Industrial Products median (#820 of 3003)

No single metric tells the full story. See the UHOIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ushio Business Description

Other Exchanges 6925:Japan
Address 2-6-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8150
Ushio Inc is a Japan-based company that primarily operates through two segments. The company's equipment business primarily manufactures and distributes imaging equipment and optical equipment, including digital projectors, optical equipment for manufacturing semiconductors, UV phototherapy devices, and EUV light sources equipment for semiconductor inspection and development applications. The light sources business manufactures lamps and LED and LD products, including UV lamps for manufacturing semiconductors, light sources for use in cinema projectors, and halogen lamps for office automation equipment.
77GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.64
Price
$17.19
GF Value