GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eagle Industry Co Ltd (TSE:6486) » Definitions » Gross Margin %

Eagle Industry Co (TSE:6486) Gross Margin % : 23.59% (As of Dec. 2023)


View and export this data going back to 1982. Start your Free Trial

What is Eagle Industry Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Eagle Industry Co's Gross Profit for the three months ended in Dec. 2023 was 円10,137 Mil. Eagle Industry Co's Revenue for the three months ended in Dec. 2023 was 円42,975 Mil. Therefore, Eagle Industry Co's Gross Margin % for the quarter that ended in Dec. 2023 was 23.59%.


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

TSE:6486' s Gross Margin % Range Over the Past 10 Years
Min: 21.67   Med: 24.05   Max: 26.68
Current: 22.44


During the past 13 years, the highest Gross Margin % of Eagle Industry Co was 26.68%. The lowest was 21.67%. And the median was 24.05%.

TSE:6486's Gross Margin % is ranked worse than
62.05% of 2938 companies
in the Industrial Products industry
Industry Median: 26.39 vs TSE:6486: 22.44

Eagle Industry Co had a gross margin of 23.59% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Eagle Industry Co was -0.60% per year.


Eagle Industry Co Gross Margin % Historical Data

The historical data trend for Eagle Industry Co'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.

Eagle Industry Co Gross Margin % Chart

Eagle Industry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.73 21.67 22.02 22.83 23.82

Eagle Industry Co 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 26.47 22.38 22.41 21.36 23.59

Competitive Comparison of Eagle Industry Co's Gross Margin %

For the Specialty Industrial Machinery subindustry, Eagle Industry Co'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.


Eagle Industry Co's Gross Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Eagle Industry Co's Gross Margin % falls into.



Eagle Industry Co Gross Margin % Calculation

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

Eagle Industry Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=37487 / 157380
=(Revenue - Cost of Goods Sold) / Revenue
=(157380 - 119893) / 157380
=23.82 %

Eagle Industry Co'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 )
=10137 / 42975
=(Revenue - Cost of Goods Sold) / Revenue
=(42975 - 32838) / 42975
=23.59 %

* 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.


Eagle Industry Co  (TSE:6486) 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

Eagle Industry Co had a gross margin of 23.59% 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.


Eagle Industry Co Gross Margin % Related Terms

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


Eagle Industry Co (TSE:6486) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1, Shiba-koen, Minato-ku, Tokyo, JPN, 105-8587
Eagle Industry Co., Ltd. is a valve manufacturing firm. The company manufactures mechanical seals, which is mainly used in transportation equipment such as automobiles, ships, airplanes, and for rotary machinery such as pumps and compressors for various plants. It operates through four business divisions automobile and construction machinery industries, general industry, marine industry, and aerospace industry. Its product portfolio includes mechanical seal, rubber bearings, permeable bladder type accumulator, rotary joint, and expansion tank.

Eagle Industry Co (TSE:6486) Headlines

No Headlines