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Blonder Tongue Laboratories (Blonder Tongue Laboratories) Gross Margin % : 21.44% (As of Dec. 2023)


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What is Blonder Tongue Laboratories Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Blonder Tongue Laboratories's Gross Profit for the three months ended in Dec. 2023 was $0.67 Mil. Blonder Tongue Laboratories's Revenue for the three months ended in Dec. 2023 was $3.14 Mil. Therefore, Blonder Tongue Laboratories's Gross Margin % for the quarter that ended in Dec. 2023 was 21.44%.


The historical rank and industry rank for Blonder Tongue Laboratories's Gross Margin % or its related term are showing as below:

BDRL' s Gross Margin % Range Over the Past 10 Years
Min: 17.29   Med: 33.65   Max: 38.78
Current: 30.11


During the past 13 years, the highest Gross Margin % of Blonder Tongue Laboratories was 38.78%. The lowest was 17.29%. And the median was 33.65%.

BDRL's Gross Margin % is ranked better than
62.03% of 2439 companies
in the Hardware industry
Industry Median: 24.31 vs BDRL: 30.11

Blonder Tongue Laboratories had a gross margin of 21.44% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Blonder Tongue Laboratories was 3.20% per year.


Blonder Tongue Laboratories Gross Margin % Historical Data

The historical data trend for Blonder Tongue Laboratories'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.

Blonder Tongue Laboratories Gross Margin % Chart

Blonder Tongue Laboratories Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.29 18.43 37.18 30.16 30.11

Blonder Tongue Laboratories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 38.95 37.96 25.82 33.05 21.44

Competitive Comparison of Blonder Tongue Laboratories's Gross Margin %

For the Communication Equipment subindustry, Blonder Tongue Laboratories'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.


Blonder Tongue Laboratories's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Blonder Tongue Laboratories's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Blonder Tongue Laboratories's Gross Margin % falls into.



Blonder Tongue Laboratories Gross Margin % Calculation

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

Blonder Tongue Laboratories's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=4 / 13.213
=(Revenue - Cost of Goods Sold) / Revenue
=(13.213 - 9.234) / 13.213
=30.11 %

Blonder Tongue Laboratories's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.7 / 3.139
=(Revenue - Cost of Goods Sold) / Revenue
=(3.139 - 2.466) / 3.139
=21.44 %

* 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.


Blonder Tongue Laboratories  (OTCPK:BDRL) 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

Blonder Tongue Laboratories had a gross margin of 21.44% 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.


Blonder Tongue Laboratories Gross Margin % Related Terms

Thank you for viewing the detailed overview of Blonder Tongue Laboratories's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blonder Tongue Laboratories (Blonder Tongue Laboratories) Business Description

Traded in Other Exchanges
N/A
Address
One Jake Brown Road, Old Bridge, NJ, USA, 08857
Blonder Tongue Laboratories Inc is a technology development and manufacturing company that provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States. The company serves the multi-dwelling unit market, the lodging/hospitality market, and the institutional market, including hospitals, prisons, and schools, throughout the United States and Canada. The Company's revenues are derived from customers in the continental United States; it also derives some revenues from customers in other geographical markets like Canada and to a more limited extent, in developing countries.
Executives
Williams James H /nj/ director C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN RD, OLD BRIDGE NJ 08857
Palle Robert J Jr director, 10 percent owner, officer: President and COO C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Eric S Skolnik officer: Senior Vice President - CFO C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
John E Burke director 1540 BARDSEY LANE, LOWER GWYNEDD PA 19002
Anthony J Bruno director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Cavalry Fund I Lp 10 percent owner 82 EAST ALLENDALE ROAD, SUITE 5B, SADDLE RIVER NJ 07458
Michael Hawkey director 2160 GOLD STREET, SAN JOSE CA 95002
Rick E Briggs director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Edward Rowland Grauch officer: CEO & President 3208 HIGHWAY 98, MEXICO BEACH FL 32456
Jeffrey W Smith officer: Vice President - Sales C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Ronald Vincent Alterio officer: VP-Engineering, CTO C/O BLONDER TONGUE LABORATORIES, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Gary P Scharmett director
Steven L Shea director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Stephen K Necessary director
Bruce A Gureck officer: Exec VP/COO 4671 BOCAIRE BLVD, BOCA RATON FL 33487