TESSCO Technologies Incorporated Gross Margin

Gross Margin of TESS for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending March 30, 2021 was 18.96% (a 8.65% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 20.69%
  • Annual Gross Margin for 2021 was 18.14% (a -6.83% decrease from previous year)
  • Annual Gross Margin for 2020 was 19.47% (a -2.65% decrease from previous year)
  • Annual Gross Margin for 2019 was 20.0% (a -3.47% decrease from previous year)
  • Twelve month Gross Margin ending March 30, 2021 was 17.7% (a 8.79% increase compared to previous quarter)
  • Twelve month trailing Gross Margin increased by 5.99% year-over-year
Trailing Gross Margin for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
17.7% 16.27% 16.72% 16.7%
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Historical Gross Margin of TESSCO Technologies Incorporated

Most recent Gross Marginof TESS including historical data for past 10 years.

Interactive Chart of Gross Margin of TESSCO Technologies Incorporated

TESSCO Technologies Incorporated Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 18.96% 18.14%
2020 17.45% 18.95% 15.71% 13.39% 19.47%
2019 19.48% 18.56% 19.33% 20.29% 20.0%
2018 20.35% 19.79% 20.34% 21.18% 20.72%
2017 20.24% 20.62% 20.83% 21.16% 20.96%
2016 20.36% 21.36% 21.04% 20.16% 21.1%
2015 21.11% 21.43% 21.52% 16.05% 21.4%
2014 21.32% 23.86% 23.05% 14.68% 22.56%
2013 24.94% 24.91% 24.59% 21.43% 19.54%
2012 19.06% 19.58% 18.45% 19.5% 20.27%
2011 17.45% 22.84% 22.75% 23.3% 22.02%
2010 20.13% 22.28% 22.79%

Business Profile of TESSCO Technologies Incorporated

Sector: Technology
Industry: Communication Equipment
TESSCO Technologies Incorporated architects and delivers product and value chain solutions to support wireless systems in the United States. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems, as well as connector installation, custom jumper assembly, site kitting, and logistics integration services. It also provides network systems products, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products, as well as training classes, technical support, and engineering design services. In addition, the company offers installation, test, and maintenance products comprising analysis equipment; and various frequency, voltage, and power-measuring devices, as well as tools, hardware, GPS and safety products, and replacement and component parts and supplies to install, tune, and maintain wireless communications equipment. Further, it provides mobile devices, such as cellular and smart phones; and data device accessories, including power supplies, cases, screen protectors, speakers, mobile amplifiers, bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. The company sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, federal governments, state and local governments, manufacturers, value-added resellers, retail carrier stores and their independent agents, and other retailers under the Ventev brand. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.