AirBoss of America Corp gross margin has been in long-term decline. The average rate of decline per year is -9.7%.
The historical rank and industry rank for AirBoss of America's Gross Margin % or its related term are showing as below:
TSX:BOS'
s Gross Margin % Range Over the Past 10 Years
Min: 5.06 Med: 15.13 Max: 27.1
Current: 13.73
During the past 13 years, the highestGross Margin % of AirBoss of America was 27.10%. The lowest was 5.06%. And the median was 15.13%.
TSX:BOS's Gross Margin % is ranked worse than 74.37% of 1510
companies
in the Chemicals industry
Industry Median: 22.315
vs TSX:BOS: 13.73
AirBoss of America had a gross margin of 5.53% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for AirBoss of America was -9.70% per year.
AirBoss of America Gross Margin % Historical Data
The historical data trend for AirBoss of America'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.
Competitive Comparison of AirBoss of America's Gross Margin %
For the Specialty Chemicals subindustry, AirBoss of America'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.
AirBoss of America's Gross Margin % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, AirBoss of America's Gross Margin % distribution charts can be found below:
* The bar in red indicates where AirBoss of America's Gross Margin % falls into.
* 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.
AirBoss of America (TSX:BOS) 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
AirBoss of America had a gross margin of 5.53% for the quarter that ended in Dec. 2023 => 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.
AirBoss of America Gross Margin % Related Terms
Thank you for viewing the detailed overview of AirBoss of America's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSX:BOS has been successfully added to your 