WFCF (Where Food Comes From) Gross Margin %: 40.58% (As of Jun. 2026) — Near Median

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WFCF Where Food Comes From Inc WFCF
78 GF Score
Price $12.50
GF Value $12.38
Valuation Fairly Valued
! 3 Warning Signs
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What is Where Food Comes From Gross Margin %?

Where Food Comes From WFCF +3.22% 78 Gross Margin % is 40.58% as of Jun. 2026, which is 7% below its 10-year median of 43.60. GuruFocus rates WFCF with a GF Score™ of 78/100 and a GF Value™ of $12.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,005 Business Services companies, Where Food Comes From ranks better than 56.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Where Food Comes From's Gross Profit for the three months ended in Jun. 2026 was $2.68 Mil. Where Food Comes From's Revenue for the three months ended in Jun. 2026 was $6.61 Mil. Therefore, Where Food Comes From's Gross Margin % for the quarter that ended in Jun. 2026 was 40.58%.

Warning Sign:

Where Food Comes From Inc gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


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

WFCF' s Gross Margin % Range Over the Past 10 Years
Min: 38.2   Med: 43.6   Max: 46.6
Current: 38.27


During the past 13 years, the highest Gross Margin % of Where Food Comes From was 46.60%. The lowest was 38.20%. And the median was 43.60%.

WFCF's Gross Margin % is ranked better than
56.42% of 1005 companies
in the Business Services industry
Industry Median: 34.31 vs WFCF: 38.27

Where Food Comes From had a gross margin of 40.58% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Where Food Comes From was -2.80% per year.


Where Food Comes From  (NAS:WFCF) 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

Where Food Comes From had a gross margin of 40.58% for the quarter that ended in Jun. 2026 => Durable 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.


Where Food Comes From Gross Margin % Related Terms


Where Food Comes From Gross Margin % Historical Data

* Premium members only.

The historical data trend for Where Food Comes From'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.

Where Food Comes From Gross Margin % Chart

Where Food Comes From Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.40 42.13 41.86 41.02 38.20

Where Food Comes From Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 37.49 38.29 35.87 38.08 40.58

WFCF vs ANPA, DLHC, TISI: Gross Margin % Comparison

For the Specialty Business Services subindustry, Where Food Comes From'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.


Where Food Comes From Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Where Food Comes From's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Where Food Comes From's Gross Margin % falls into.


WFCF
78GF Score
Where Food Comes From Inc WFCF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Where Food Comes From Gross Margin % Calculation

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

Where Food Comes From'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 )
=9.5 / 24.892
=(Revenue - Cost of Goods Sold) / Revenue
=(24.892 - 15.384) / 24.892
=38.20 %

Where Food Comes From's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=2.7 / 6.611
=(Revenue - Cost of Goods Sold) / Revenue
=(6.611 - 3.928) / 6.611
=40.58 %

* 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 40.58% mean?
Where Food Comes From (WFCF) has a Gross Margin % of 40.58% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Where Food Comes From and its competitors. This is near median its historical median of 43.60. Over the past decade, Where Food Comes From's Gross Margin % has ranged from 38.20 to 46.60. According to the industry distribution chart, Where Food Comes From ranks #438 out of 1005 companies in the Business Services industry, placing it in the top 43.6%.
Is Where Food Comes From's Gross Margin % too high?
Where Food Comes From's current Gross Margin % of 40.58% is near median its 10-year median of 43.60. Over the past 10 years, this metric has ranged from a low of 38.20 to a high of 46.60. The Business Services industry median Gross Margin % is 34.31. Where Food Comes From's value of 40.58% is 18.3% above this industry median. Based on the distribution chart, Where Food Comes From ranks #438 out of 1005 companies in the Business Services industry, which is above the industry midpoint. Overall, Where Food Comes From has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Where Food Comes From's Gross Margin % compare to ANPA and DLHC?
According to the Business Services industry distribution chart, Where Food Comes From ranks #438 out of 1005 companies for Gross Margin %. This puts Where Food Comes From in the upper half of its industry. The industry median Gross Margin % is 34.31. Where Food Comes From's value of 40.58% is 18.3% above this benchmark. Historically, Where Food Comes From's own Gross Margin % has ranged from 38.20 to 46.60 over the past decade. While the company's 10-year median is 43.60 vs. the industry median of 34.31, Where Food Comes From 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.31, based on 1,005 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. Where Food Comes From's current Gross Margin % of 40.58% is 18.3% 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 Where Food Comes From and its competitors. For the Business Services industry, the median Gross Margin % is 34.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Where Food Comes From's current Gross Margin % is 40.58%, which is near median its own 10-year median of 43.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Where Food Comes From stock overvalued right now?
Based on GuruFocus' analysis, Where Food Comes From (WFCF) is currently considered Fairly Valued. The stock's GF Value™ is $12.38, compared to a current price of $12.50 — trading 1% above its estimated fair value. The current Gross Margin % is 40.58%, which is near median its 10-year median of 43.60 and 18.3% above the Business Services industry median of 34.31. Where Food Comes From's overall GF Score™ is 78/100 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 Where Food Comes From (WFCF), the current Gross Margin % is 40.58% as of Jun. 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 Where Food Comes From (WFCF) Overvalued in 2026?

Based on GuruFocus' analysis, Where Food Comes From stock appears to be overvalued. The current stock price of $12.50 is trading 1% above its estimated GF Value™ of $12.38. GuruFocus considers Where Food Comes From to be Fairly Valued.

Key valuation signals for WFCF:

  • Gross Margin %: 40.58% (near median its 10-year median of 43.60)
  • GF Value™: $12.38 vs. price of $12.50 (1% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 18.3% above the Business Services median (#438 of 1005)

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


Where Food Comes From Business Description

Address 202 6th Street, Suite 400, Castle Rock, CO, USA, 80104
Where Food Comes From Inc is a third-party food verification company conducting both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural and aquaculture products are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, and restaurants with a wide variety of value-added services provided through its family of verifiers, including International Certification Services, Validus Verification Services, and others. It also provides a wide range of professional consulting services. It generates the majority of its revenue from Verification and certification services.
78GF Score

Get the complete analysis for WFCF

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

$12.50
Price
$12.38
GF Value