Gross Margin % is calculated as gross profit divided by its revenue. OneWater Marine's Gross Profit for the
three
months ended in Dec. 2020 was $52 Mil. OneWater Marine's Revenue for the
three
months ended in Dec. 2020 was $214 Mil. Therefore, OneWater Marine's Gross Margin % for the quarter that ended in Dec. 2020 was 24.49%.
NAS:ONEW'
s Gross Margin % Range Over the Past 10 Years
Min: 21.89 Med: 22.63 Max: 23.61
Current: 23.61
21.89
-
23.61
During the past 4 years, the highestGross Margin % of OneWater Marine was 23.61%. The lowest was 21.89%. And the median was 22.63%.
NAS:ONEW's Gross Margin % is ranked higher than
65% of the 1137
Companies
in the Vehicles & Parts industry.
( Industry Median: 18.77
vs. NAS:ONEW: 23.61
)
OneWater Marine had a gross margin of 24.49% for the quarter that ended in Dec. 2020 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for OneWater Marine was 0.00% per year.
OneWater Marine Gross Margin % Historical Data
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
* Premium members only.
OneWater Marine Annual Data
Sep17
Sep18
Sep19
Sep20
Gross Margin %
21.89
22.84
22.42
23.02
OneWater Marine Quarterly Data
Sep17
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Gross Margin %
20.94
23.47
23.19
23.64
24.49
Competitive Comparison
* 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.
OneWater Marine Gross Margin % Distribution
* The bar in red indicates where OneWater Marine's Gross Margin % falls into.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.
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
OneWater Marine had a gross margin of 24.49% for the quarter that ended in Dec. 2020 => 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.
Excel Add-In GURUF
API
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
My Gurus
1.28(3.59%) Volume: 65,901 4:00PM EST
Email Alerts
Stock PDF
RSS
Website
Filings
Manual of Stocks™ Web APP
NAS:ONEW has been successfully added to your 
