FLSmidth ASWBO:FLSM -3.73%42 Gross Margin % is 36.14% as of Mar. 2026, which is 45% above its 10-year median of 24.88. GuruFocus rates WBO:FLSM with a GF Score™ of 42/100 and a GF Value™ of €35.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,003 Industrial Products companies, FLSmidth AS ranks better than 70.1% on this metric.
The historical rank and industry rank for FLSmidth AS's Gross Margin % or its related term are showing as below:
WBO:FLSM'
s Gross Margin % Range Over the Past 10 Years
Min: 23.23 Med: 24.88 Max: 35.19
Current: 35.19
During the past 13 years, the highestGross Margin % of FLSmidth AS was 35.19%. The lowest was 23.23%. And the median was 24.88%.
WBO:FLSM's Gross Margin % is ranked better than 70.1% of 3003
companies
in the Industrial Products industry
Industry Median: 26.79
vs WBO:FLSM: 35.19
FLSmidth AS had a gross margin of 36.14% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for FLSmidth AS was 8.70% per year.
FLSmidth AS (WBO:FLSM) 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
FLSmidth AS had a gross margin of 36.14% 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.
FLSmidth AS Gross Margin % Related Terms
FLSmidth AS Gross Margin % Historical Data
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The historical data trend for FLSmidth AS'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.
WBO:FLSM vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.
FLSmidth AS Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FLSmidth AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where FLSmidth AS'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.
FLSmidth AS (WBO:FLSM) has a Gross Margin % of 36.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on FLSmidth AS and its competitors. This is 45% above median its historical median of 24.88. Over the past decade, FLSmidth AS's Gross Margin % has ranged from 23.23 to 35.19. According to the industry distribution chart, FLSmidth AS ranks #898 out of 3003 companies in the Industrial Products industry, placing it in the top 29.9%.
Is FLSmidth AS's Gross Margin % too high?
FLSmidth AS's current Gross Margin % of 36.14% is 45% above median its 10-year median of 24.88. Over the past 10 years, this metric has ranged from a low of 23.23 to a high of 35.19. The Industrial Products industry median Gross Margin % is 26.79. FLSmidth AS's value of 36.14% is 34.9% above this industry median. Based on the distribution chart, FLSmidth AS ranks #898 out of 3003 companies in the Industrial Products industry, which is above the industry midpoint. Overall, FLSmidth AS has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FLSmidth AS's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FLSmidth AS ranks #898 out of 3003 companies for Gross Margin %. This puts FLSmidth AS in the upper half of its industry. The industry median Gross Margin % is 26.79. FLSmidth AS's value of 36.14% is 34.9% above this benchmark. Historically, FLSmidth AS's own Gross Margin % has ranged from 23.23 to 35.19 over the past decade. While the company's 10-year median is 24.88 vs. the industry median of 26.79, FLSmidth AS 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. FLSmidth AS's current Gross Margin % of 36.14% is 34.9% 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 FLSmidth AS 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. FLSmidth AS's current Gross Margin % is 36.14%, which is 45% above median its own 10-year median of 24.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLSmidth AS stock overvalued right now?
Based on GuruFocus' analysis, FLSmidth AS (WBO:FLSM) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.63, compared to a current price of €65.85 — trading 84.8% above its estimated fair value. The current Gross Margin % is 36.14%, which is 45% above median its 10-year median of 24.88 and 34.9% above the Industrial Products industry median of 26.79. FLSmidth AS's overall GF Score™ is 42/100 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 FLSmidth AS (WBO:FLSM), the current Gross Margin % is 36.14% 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 FLSmidth AS (WBO:FLSM) Overvalued in 2026?
Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued.
The current stock price of €65.85 is trading 84.8% above its estimated GF Value™ of €35.63.
GuruFocus considers FLSmidth AS to be Significantly Overvalued.
Key valuation signals for WBO:FLSM:
Gross Margin %: 36.14% (45% above median its 10-year median of 24.88)
GF Value™: €35.63 vs. price of €65.85 (84.8% above fair value)
Industry Position: 34.9% above the Industrial Products median (#898 of 3003)
No single metric tells the full story. See the WBO:FLSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
42GF Score
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