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Pure Cycle's gross profit for the
three
months ended in May. 2026 was $4.29 Mil. Pure Cycle's gross profit for the trailing twelve months (TTM) ended in May. 2026 was $20.90 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Pure Cycle's gross profit for the
three
months ended in May. 2026 was $4.29 Mil. Pure Cycle's Revenue for the
three
months ended in May. 2026 was $8.22 Mil. Therefore, Pure Cycle's Gross Margin % for the quarter that ended in May. 2026 was 52.12%.
Pure Cycle had a gross margin of 52.12% for the quarter that ended in May. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Pure Cycle was 71.18%. The lowest was -17.04%. And the median was 47.67%.
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
Pure Cycle had a gross margin of 52.12% for the quarter that ended in May. 2026 => Durable competitive advantage
Pure Cycle Gross Profit Related Terms
Pure Cycle Gross Profit Historical Data
* Premium members only.
The historical data trend for Pure Cycle's Gross Profit 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.
PCYO vs CDZI, GWRS, ARTNA: Gross Profit Comparison
For the Utilities - Regulated Water subindustry, Pure Cycle's Gross Profit, along with its competitors' market caps and Gross Profit 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.
Pure Cycle Gross Profit vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pure Cycle's Gross Profit distribution charts can be found below:
* The bar in red indicates where Pure Cycle's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.90 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Pure Cycle (PCYO) has a Gross Profit of $20.90 Mil as of May. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Pure Cycle and its competitors.
Is Pure Cycle's Gross Profit too high?
Pure Cycle's current Gross Profit is $20.90 Mil. Overall, Pure Cycle has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pure Cycle's Gross Profit compare to CDZI and GWRS?
Pure Cycle's Gross Profit of $20.90 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Utilities - Regulated company?
A good Gross Profit depends on the Utilities - Regulated industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Pure Cycle and its competitors. Pure Cycle's current Gross Profit is $20.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pure Cycle stock overvalued right now?
Based on GuruFocus' analysis, Pure Cycle (PCYO) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.49, compared to a current price of $11.63 — trading 19.7% below its estimated fair value. The current Gross Profit is $20.90 Mil. Pure Cycle's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Pure Cycle (PCYO), the current Gross Profit is $20.90 Mil as of May. 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 Pure Cycle (PCYO) Overvalued in 2026?
Based on GuruFocus' analysis, Pure Cycle stock appears to be undervalued.
The current stock price of $11.63 is trading 19.7% below its estimated GF Value™ of $14.49.
GuruFocus considers Pure Cycle to be Modestly Undervalued.
Key valuation signals for PCYO:
Gross Profit: $20.90 Mil
GF Value™: $14.49 vs. price of $11.63 (19.7% below fair value)
No single metric tells the full story. See the PCYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pure Cycle Corp is a diversified land and water resource development company. The company designs, constructs, manages, operates, and maintains water and wastewater systems. The firm operates in three business segments namely Water and wastewater resource development, Land development, and the Single-Family Rental Segment. It generates maximum revenue from the Land development segment. The land resource development segment includes all the activities necessary to develop and sell finished lots.
73GF Score
Get the complete analysis for PCYO
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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