Alpha Pro Tech Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.4%.
The historical rank and industry rank for Alpha Pro Tech's Gross Margin % or its related term are showing as below:
APT'
s Gross Margin % Range Over the Past 10 Years
Min: 34.98 Med: 36.82 Max: 49.15
Current: 37.28
During the past 13 years, the highestGross Margin % of Alpha Pro Tech was 49.15%. The lowest was 34.98%. And the median was 36.82%.
APT's Gross Margin % is ranked better than 80.89% of 1612
companies
in the Construction industry
Industry Median: 19.255
vs APT: 37.28
Alpha Pro Tech had a gross margin of 37.38% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Alpha Pro Tech was -1.40% per year.
Alpha Pro Tech Gross Margin % Historical Data
The historical data trend for Alpha Pro Tech'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.
Competitive Comparison of Alpha Pro Tech's Gross Margin %
For the Building Products & Equipment subindustry, Alpha Pro Tech'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.
Alpha Pro Tech's Gross Margin % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Alpha Pro Tech's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Alpha Pro Tech'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.
Alpha Pro Tech (AMEX:APT) 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
Alpha Pro Tech had a gross margin of 37.38% for the quarter that ended in Dec. 2023 => 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.
Alpha Pro Tech Gross Margin % Related Terms
Thank you for viewing the detailed overview of Alpha Pro Tech's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alpha Pro Tech (Alpha Pro Tech) Business Description
Alpha Pro Tech Ltd is involved in the business of developing, manufacturing, and marketing of disposable protective apparel, building supply, and infection control products principally in the United States. It operates its business through segment which includes Building Supply and Disposable Protective Apparel. It mainly offers a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment as well as other woven material, different styles of disposable products like shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. It also provides face masks and eye shields. It generates most of its revenues from the sale of products across the United States.
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