Vision Marine TechnologiesVMAR -28.21%16 Gross Margin % is 30.26% as of Feb. 2026, which is 23% below its 10-year median of 39.46. GuruFocus rates VMAR with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Vision Marine Technologies ranks better than 73.42% 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
Vision Marine Technologies had a gross margin of 30.26% for the quarter that ended in Feb. 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.
Vision Marine Technologies Gross Margin % Related Terms
Vision Marine Technologies 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.
VMAR vs MCOM, EZGO, VEEE: Gross Margin % Comparison
For the Recreational Vehicles subindustry, Vision Marine Technologies'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.
Vision Marine Technologies Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Vision Marine Technologies'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.
Vision Marine Technologies (VMAR) has a Gross Margin % of 30.26% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vision Marine Technologies and its competitors. This is 23% below median its historical median of 39.46. Over the past decade, Vision Marine Technologies' Gross Margin % has ranged from 25.00 to 45.66. According to the industry distribution chart, Vision Marine Technologies ranks #349 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 26.6%.
Is Vision Marine Technologies' Gross Margin % too high?
Vision Marine Technologies' current Gross Margin % of 30.26% is 23% below median its 10-year median of 39.46. Over the past 10 years, this metric has ranged from a low of 25.00 to a high of 45.66. The Vehicles & Parts industry median Gross Margin % is 19.84. Vision Marine Technologies' value of 30.26% is 52.5% above this industry median. Based on the distribution chart, Vision Marine Technologies ranks #349 out of 1313 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Vision Marine Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' Gross Margin % compare to MCOM and EZGO?
According to the Vehicles & Parts industry distribution chart, Vision Marine Technologies ranks #349 out of 1313 companies for Gross Margin %. This puts Vision Marine Technologies in the upper half of its industry. The industry median Gross Margin % is 19.84. Vision Marine Technologies' value of 30.26% is 52.5% above this benchmark. Historically, Vision Marine Technologies' own Gross Margin % has ranged from 25.00 to 45.66 over the past decade. While the company's 10-year median is 39.46 vs. the industry median of 19.84, Vision Marine Technologies 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,313 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. Vision Marine Technologies's current Gross Margin % of 30.26% is 52.5% 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 Vision Marine Technologies and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vision Marine Technologies's current Gross Margin % is 30.26%, which is 23% below median its own 10-year median of 39.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current Gross Margin % of 30.26%. The current Gross Margin % is 30.26%, which is 23% below median its 10-year median of 39.46 and 52.5% above the Vehicles & Parts industry median of 19.84. Vision Marine Technologies' overall GF Score™ is 16/100 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 Vision Marine Technologies (VMAR), the current Gross Margin % is 30.26% as of Feb. 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.
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
16GF Score
Get the complete analysis for VMAR
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
VMAR has been successfully added to your 
