Toplofikatsia Ruse AD (XBUL:TPLR) Gross Margin %: 64.62% (As of Dec. 2025) — Near Median

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XBUL:TPLR Toplofikatsia Ruse AD XBUL:TPLR
9 GF Score
Price €4.60
! 4 Warning Signs
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What is Toplofikatsia Ruse AD Gross Margin %?

Toplofikatsia Ruse AD XBUL:TPLR 9 Gross Margin % is 64.62% as of Dec. 2025, which is 9% above its 10-year median of 59.12. GuruFocus rates XBUL:TPLR with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 491 Utilities - Regulated companies, Toplofikatsia Ruse AD ranks better than 87.58% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Toplofikatsia Ruse AD's Gross Profit for the six months ended in Dec. 2025 was €31.2 Mil. Toplofikatsia Ruse AD's Revenue for the six months ended in Dec. 2025 was €48.3 Mil. Therefore, Toplofikatsia Ruse AD's Gross Margin % for the quarter that ended in Dec. 2025 was 64.62%.


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

XBUL:TPLR' s Gross Margin % Range Over the Past 10 Years
Min: 57.19   Med: 59.12   Max: 61.05
Current: 61.05


During the past 2 years, the highest Gross Margin % of Toplofikatsia Ruse AD was 61.05%. The lowest was 57.19%. And the median was 59.12%.

XBUL:TPLR's Gross Margin % is ranked better than
87.58% of 491 companies
in the Utilities - Regulated industry
Industry Median: 30.95 vs XBUL:TPLR: 61.05

Toplofikatsia Ruse AD had a gross margin of 64.62% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Toplofikatsia Ruse AD was 0.00% per year.


Toplofikatsia Ruse AD  (XBUL:TPLR) 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

Toplofikatsia Ruse AD had a gross margin of 64.62% for the quarter that ended in Dec. 2025 => 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.


Toplofikatsia Ruse AD Gross Margin % Related Terms


Toplofikatsia Ruse AD Gross Margin % Historical Data

* Premium members only.

The historical data trend for Toplofikatsia Ruse AD'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.

Toplofikatsia Ruse AD Gross Margin % Chart

Toplofikatsia Ruse AD Annual Data
Trend Dec24 Dec25
Gross Margin %
57.19 61.05

Toplofikatsia Ruse AD Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial 59.37 62.15 52.37 57.78 64.62

XBUL:TPLR vs NEE, SO, DUK: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, Toplofikatsia Ruse AD'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.


Toplofikatsia Ruse AD Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Toplofikatsia Ruse AD's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Toplofikatsia Ruse AD's Gross Margin % falls into.


XBUL:TPLR
9GF Score
Toplofikatsia Ruse AD XBUL:TPLR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Toplofikatsia Ruse AD Gross Margin % Calculation

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

Toplofikatsia Ruse AD'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 )
=61.7 / 101.116
=(Revenue - Cost of Goods Sold) / Revenue
=(101.116 - 39.388) / 101.116
=61.05 %

Toplofikatsia Ruse AD's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=31.2 / 48.339
=(Revenue - Cost of Goods Sold) / Revenue
=(48.339 - 17.103) / 48.339
=64.62 %

* 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 64.62% mean?
Toplofikatsia Ruse AD (XBUL:TPLR) has a Gross Margin % of 64.62% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Toplofikatsia Ruse AD and its competitors. This is near median its historical median of 59.12. Over the past decade, Toplofikatsia Ruse AD's Gross Margin % has ranged from 57.19 to 61.05. According to the industry distribution chart, Toplofikatsia Ruse AD ranks #61 out of 491 companies in the Utilities - Regulated industry, placing it in the top 12.4%.
Is Toplofikatsia Ruse AD's Gross Margin % too high?
Toplofikatsia Ruse AD's current Gross Margin % of 64.62% is near median its 10-year median of 59.12. Over the past 10 years, this metric has ranged from a low of 57.19 to a high of 61.05. The Utilities - Regulated industry median Gross Margin % is 30.95. Toplofikatsia Ruse AD's value of 64.62% is 108.8% above this industry median. Based on the distribution chart, Toplofikatsia Ruse AD ranks #61 out of 491 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Toplofikatsia Ruse AD has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Toplofikatsia Ruse AD's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Toplofikatsia Ruse AD ranks #61 out of 491 companies for Gross Margin %. This places Toplofikatsia Ruse AD in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.95. Toplofikatsia Ruse AD's value of 64.62% is 108.8% above this benchmark. Historically, Toplofikatsia Ruse AD's own Gross Margin % has ranged from 57.19 to 61.05 over the past decade. While the company's 10-year median is 59.12 vs. the industry median of 30.95, Toplofikatsia Ruse AD 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 Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.95, based on 491 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. Toplofikatsia Ruse AD's current Gross Margin % of 64.62% is 108.8% 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 Toplofikatsia Ruse AD and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplofikatsia Ruse AD's current Gross Margin % is 64.62%, which is near median its own 10-year median of 59.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplofikatsia Ruse AD stock overvalued right now?
Toplofikatsia Ruse AD (XBUL:TPLR) has a current Gross Margin % of 64.62%. The current Gross Margin % is 64.62%, which is near median its 10-year median of 59.12 and 108.8% above the Utilities - Regulated industry median of 30.95. Toplofikatsia Ruse AD's overall GF Score™ is 9/100 with 4 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 Toplofikatsia Ruse AD (XBUL:TPLR), the current Gross Margin % is 64.62% as of Dec. 2025. 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.

Toplofikatsia Ruse AD Business Description

Address TPP Iztok Street, Ruse, BGR, 7009
Toplofikatsia Ruse AD is engaged in electricity and heat generation; combined production of electricity and heat; heat transfer; maintenance and operation of low-pressure gas pipelines, and other activities.
9GF Score

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