FuelCell Energy (FuelCell Energy) Gross Margin % : -70.25% (As of Jan. 2024)

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What is FuelCell Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FuelCell Energy's Gross Profit for the three months ended in Jan. 2024 was $-11.7 Mil. FuelCell Energy's Revenue for the three months ended in Jan. 2024 was $16.7 Mil. Therefore, FuelCell Energy's Gross Margin % for the quarter that ended in Jan. 2024 was -70.25%.

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

FCEL' s Gross Margin % Range Over the Past 10 Years
Min: -35.01 Med: -4.44 Max: 7.83
Current: -26.69

During the past 13 years, the highest Gross Margin % of FuelCell Energy was 7.83%. The lowest was -35.01%. And the median was -4.44%.

FCEL's Gross Margin % is ranked worse than
98.47% of 2937 companies
in the Industrial Products industry
Industry Median: 26.42 vs FCEL: -26.69

FuelCell Energy had a gross margin of -70.25% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FuelCell Energy was 0.00% per year.

FuelCell Energy Gross Margin % Historical Data

The historical data trend for FuelCell Energy'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.

FuelCell Energy Gross Margin % Chart

FuelCell Energy Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Gross Margin %

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-35.01

-10.90

-22.47

-22.67

-8.54

FuelCell Energy Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross Margin %	Get a 7-Day Free Trial															14.13	-15.89	-32.20	-6.52	-70.25

Competitive Comparison of FuelCell Energy's Gross Margin %

For the Electrical Equipment & Parts subindustry, FuelCell Energy'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.

FuelCell Energy's Gross Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where FuelCell Energy's Gross Margin % falls into.

FuelCell Energy Gross Margin % Calculation

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

FuelCell Energy's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )	=	Gross Profit (A: Oct. 2023 )	/	Revenue (A: Oct. 2023 )
	=	-10.5	/	123.394
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(123.394 - 133.929)	/	123.394
	=	-8.54 %

FuelCell Energy's Gross Margin for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )	=	Gross Profit (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	-11.7	/	16.691
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(16.691 - 28.416)	/	16.691
	=	-70.25 %

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.

FuelCell Energy (NAS:FCEL) 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

FuelCell Energy had a gross margin of -70.25% for the quarter that ended in Jan. 2024 => No sustainable 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.

FuelCell Energy Gross Margin % Related Terms

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FuelCell Energy (FuelCell Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FuelCell Energy Inc (NAS:FCEL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

FCELB.PFD:USA FCEL:Mexico 1FEY2:Italy FEY2:Germany FEY2:Germany FEY2:Germany FEY2:Germany FCEL:Austria

Address

3 Great Pasture Road, Danbury, CT, USA, 06810

Website

https://www.fuelcellenergy.com

FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that decarbonize power and produce hydrogen. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.

Executives

Jason Few	director, officer: CEO	2201 COLQUITT STREET, HOUSTON TX 77098
Michael S. Bishop	officer: EVP, TREASURER & CFO	FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Anthony Leo	officer: EVP & Chief Technology Officer	C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Michael Lisowski	officer: EVP & Chief Operating Officer	C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Althann Natica Von	director	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Matthew F Hilzinger	director
James Herbert England	director	15687 VILLORESI WAY, NAPLES FL 34110
Wilson Donna Sims	director	FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Betsy B Bingham	director	3 GREAT PASTURE ROAD, DANBURY CT 06810
Cynthia L Hansen	director	500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
Mark Feasel	officer: EVP & Ch. Commercial Officer	3 GREAT PASTURE ROAD, DANBURY CT 06810
Joshua Dolger	officer: Interim Gen Counsel & Corp Sec	FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John Christopher Groobey	director	38 TROLLHAVEN LANE, ANNAPOLIS MD 21401
Jennifer D Arasimowicz	officer: EVP, Gen. Counsel, CAO, Secy	FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John A Rolls	director