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Blue Line Protection Group (Blue Line Protection Group) Gross Margin % : 64.26% (As of Dec. 2023)


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What is Blue Line Protection Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Blue Line Protection Group's Gross Profit for the three months ended in Dec. 2023 was $0.76 Mil. Blue Line Protection Group's Revenue for the three months ended in Dec. 2023 was $1.19 Mil. Therefore, Blue Line Protection Group's Gross Margin % for the quarter that ended in Dec. 2023 was 64.26%.


The historical rank and industry rank for Blue Line Protection Group's Gross Margin % or its related term are showing as below:

BLPG' s Gross Margin % Range Over the Past 10 Years
Min: 14.21   Med: 40.75   Max: 72.44
Current: 65


During the past 13 years, the highest Gross Margin % of Blue Line Protection Group was 72.44%. The lowest was 14.21%. And the median was 40.75%.

BLPG's Gross Margin % is ranked better than
81.47% of 993 companies
in the Business Services industry
Industry Median: 34.65 vs BLPG: 65.00

Blue Line Protection Group had a gross margin of 64.26% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Blue Line Protection Group was 13.30% per year.


Blue Line Protection Group Gross Margin % Historical Data

The historical data trend for Blue Line Protection Group'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.

Blue Line Protection Group Gross Margin % Chart

Blue Line Protection Group 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 48.45 70.89 72.44 67.03 65.02

Blue Line Protection Group 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 65.37 64.22 66.70 64.83 64.26

Competitive Comparison of Blue Line Protection Group's Gross Margin %

For the Security & Protection Services subindustry, Blue Line Protection Group'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.


Blue Line Protection Group's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Blue Line Protection Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Blue Line Protection Group's Gross Margin % falls into.



Blue Line Protection Group Gross Margin % Calculation

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

Blue Line Protection Group'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 )
=2.9 / 4.408
=(Revenue - Cost of Goods Sold) / Revenue
=(4.408 - 1.542) / 4.408
=65.02 %

Blue Line Protection Group'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 )
=0.8 / 1.189
=(Revenue - Cost of Goods Sold) / Revenue
=(1.189 - 0.425) / 1.189
=64.26 %

* 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.


Blue Line Protection Group  (OTCPK:BLPG) 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

Blue Line Protection Group had a gross margin of 64.26% for the quarter that ended in Dec. 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.


Blue Line Protection Group Gross Margin % Related Terms

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


Blue Line Protection Group (Blue Line Protection Group) Business Description

Traded in Other Exchanges
N/A
Address
5765 Logan Street, Denver, CO, USA, 80216
Blue Line Protection Group Inc is engaged in providing armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry. The services are offered to individuals, businesses, and government entities to protect their licenses and business investments. It offers asset logistic services, such as armored transportation service; security services, including shipment protection, money escorts, security monitoring, asset vaulting, VIP and dignitary protection, financial services, such as handling transportation and storage of currency; training; and compliance services. It generates maximum revenue from transportation and banking services.
Executives
Patrick Deparini officer: Chief Financial Officer 5440 W. SAHARA AVE., SUITE 202, LAS VEGAS NV 89146
Ricky Gene Bennett officer: Vice President of Operations 1350 INDEPENDENCE ST., SUITE 300, LAKEWOOD CO 80125
Daniel Scott Sullivan director, officer: Vice President of Marketing 9457 S. UNIVERSITY BLVD., #272, HIGHLANDS RANCH CO 80126
Sean-robbie Gibson Campbell director, officer: Chief Executive Officer 1350 INDEPENDENCE ST., 3RD FLOOR, LAKEWOOD CO 80215
David Uddman director, 10 percent owner, officer: President 3717 W. WOODSIDE, SPOKANE WA 99208

Blue Line Protection Group (Blue Line Protection Group) Headlines

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