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ATI Airtest Technologies (ATI Airtest Technologies) Gross Margin % : 45.02% (As of Sep. 2023)


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What is ATI Airtest Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ATI Airtest Technologies's Gross Profit for the three months ended in Sep. 2023 was $0.10 Mil. ATI Airtest Technologies's Revenue for the three months ended in Sep. 2023 was $0.23 Mil. Therefore, ATI Airtest Technologies's Gross Margin % for the quarter that ended in Sep. 2023 was 45.02%.


The historical rank and industry rank for ATI Airtest Technologies's Gross Margin % or its related term are showing as below:

AATGF' s Gross Margin % Range Over the Past 10 Years
Min: 35.31   Med: 36.33   Max: 40.45
Current: 39.54


During the past 13 years, the highest Gross Margin % of ATI Airtest Technologies was 40.45%. The lowest was 35.31%. And the median was 36.33%.

AATGF's Gross Margin % is ranked better than
80% of 2935 companies
in the Industrial Products industry
Industry Median: 26.42 vs AATGF: 39.54

ATI Airtest Technologies had a gross margin of 45.02% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ATI Airtest Technologies was 0.50% per year.


ATI Airtest Technologies Gross Margin % Historical Data

The historical data trend for ATI Airtest Technologies'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.

* Premium members only.

ATI Airtest Technologies Gross Margin % Chart

ATI Airtest Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.83 40.45 39.14 39.84 36.65

ATI Airtest Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 40.00 29.77 42.40 43.25 45.02

Competitive Comparison of ATI Airtest Technologies's Gross Margin %

For the Specialty Industrial Machinery subindustry, ATI Airtest 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.


ATI Airtest Technologies's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATI Airtest Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ATI Airtest Technologies's Gross Margin % falls into.



ATI Airtest Technologies Gross Margin % Calculation

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

ATI Airtest Technologies's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=0.6 / 1.76
=(Revenue - Cost of Goods Sold) / Revenue
=(1.76 - 1.115) / 1.76
=36.65 %

ATI Airtest Technologies's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.1 / 0.231
=(Revenue - Cost of Goods Sold) / Revenue
=(0.231 - 0.127) / 0.231
=45.02 %

* 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.


ATI Airtest Technologies  (OTCPK:AATGF) 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

ATI Airtest Technologies had a gross margin of 45.02% for the quarter that ended in Sep. 2023 => 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.


ATI Airtest Technologies Gross Margin % Related Terms

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ATI Airtest Technologies (ATI Airtest Technologies) Business Description

Traded in Other Exchanges
Address
1520 Cliveden Avenue, Unit 9, Delta, BC, CAN, V3M 6J8
ATI Airtest Technologies Inc is engaged in the manufacturing and selling of air testing equipment and related services in Canada and the United States. Its product offering includes WiFi Transmitters, Portables/Data Logging, EnOcean Transmitters, CO2 Demand Controlled Ventilation, Parking Garage Ventilation, Air Velocity, Agriculture, Gases For Health and Safety, Industrial Dew Point, Industrial Humidity and Temp, Moisture In Oil and Calibration. The company generates a majority of its revenue from the United States.