Webco Industries (Webco Industries) Gross Margin % : 13.01% (As of Jul. 2023)

Webco Industries Gross Margin % Chart

Webco Industries Annual Data
	Trend	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Gross Margin %		Get a 7-Day Free Trial					7.00	6.79	8.99	13.90	13.01

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Gross Margin %	Get a 7-Day Free Trial															7.00	6.79	8.99	13.90	13.01

Competitive Comparison of Webco Industries's Gross Margin %

For the Steel subindustry, Webco Industries'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.

Webco Industries's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Webco Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Webco Industries's Gross Margin % falls into.

Webco Industries Gross Margin % Calculation

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

Webco Industries's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Webco Industries's Gross Margin for the quarter that ended in Jul. 2023 is calculated as

* 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.

Webco Industries  (OTCPK:WEBC) 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

Webco Industries had a gross margin of 13.01% for the quarter that ended in Jul. 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.

Webco Industries Gross Margin % Related Terms

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Webco Industries (Webco Industries) Business Description