XL Fleet Corp
F:XLF
Gross Margin
XL Fleet Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
US |
X
|
XL Fleet Corp
F:XLF
|
9.9m EUR |
57%
|
|
KR |
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Dayou Plus Co Ltd
KRX:000300
|
7 021.7T KRW |
9%
|
|
JP |
![]() |
Denso Corp
TSE:6902
|
6T JPY |
15%
|
|
JP |
![]() |
Sumitomo Electric Industries Ltd
TSE:5802
|
3.1T JPY |
19%
|
|
CN |
![]() |
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
145.9B CNY |
35%
|
|
KR |
![]() |
Hyundai Mobis Co Ltd
KRX:012330
|
27.1T KRW |
15%
|
|
DE |
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Continental AG
XETRA:CON
|
14.8B EUR |
24%
|
|
IE |
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Aptiv PLC
NYSE:APTV
|
16.1B USD |
19%
|
|
IN |
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Bosch Ltd
NSE:BOSCHLTD
|
1.1T INR |
37%
|
|
CA |
![]() |
Magna International Inc
TSX:MG
|
17.5B CAD |
14%
|
|
JP |
![]() |
Aisin Corp
TSE:7259
|
1.7T JPY |
12%
|
XL Fleet Corp
Glance View
XL Fleet Corp. provides vehicle electrification solutions for commercial and municipal fleets. The company is headquartered in Boston, Massachusetts and currently employs 177 full-time employees. The company went IPO on 2019-07-16. The company offers solutions for vehicle electrification (Drive Systems) and infrastructure solutions, such as vehicle charging stations. Its fleet electrification solutions for commercial vehicles provide the market with hybrid and plug-in hybrid solutions with on-board telematics, which are offered for sale and deployment across a range of vehicle chassis from the original equipment manufacturers (OEMs). The Company’s electrified Drive Systems are comprised of an electric motor that is mounted onto the vehicle’s drive shaft, an inverter motor controller, and a lithium-ion battery pack to store energy that can be used for propulsion. The company deploys electrified Drive Systems onto the chassis of vans, pickups, shuttle buses, delivery trucks, and other commercial vehicles produced by OEMs such as Ford, GMC, Chevrolet and Isuzu.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on XL Fleet Corp's most recent financial statements, the company has Gross Margin of 57.1%.