FTC Solar Inc
NASDAQ:FTCI
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
FTC Solar Inc
NASDAQ:FTCI
|
71.5m USD |
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|
|
| CN |
|
Contemporary Amperex Technology Co Ltd
SZSE:300750
|
1.8T CNY |
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|
|
| FR |
|
Schneider Electric SE
PAR:SU
|
143.2B EUR |
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|
|
| CH |
|
Abb Ltd
SIX:ABBN
|
123.1B CHF |
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|
|
| IE |
|
Eaton Corporation PLC
NYSE:ETN
|
135.2B USD |
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|
|
| US |
|
Vertiv Holdings Co
NYSE:VRT
|
101.5B USD |
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|
|
| US |
|
Emerson Electric Co
NYSE:EMR
|
74.3B USD |
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|
|
| KR |
|
LG Energy Solution Ltd
KRX:373220
|
86.5T KRW |
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|
|
| CN |
|
Sungrow Power Supply Co Ltd
SZSE:300274
|
370.3B CNY |
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|
|
| US |
|
AMETEK Inc
NYSE:AME
|
49.4B USD |
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|
|
| JP |
|
Fujikura Ltd
TSE:5803
|
7.1T JPY |
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|
Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
FTC Solar Inc
Glance View
FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services. The company is headquartered in Austin, Texas and currently employs 223 full-time employees. The company went IPO on 2021-04-28. The firm operates through the manufacturing and servicing of the Voyager Tracker segment. Its tracker systems markets under the brand name Voyager. Voyager is a two-panel in-portrait single-axis tracker solution that offers performance and ease of installation. The Company’s solar solutions span a range of applications, including ground mount, tracker, canopy and rooftop. The company is focused on the sale of Voyager Tracker and customized components of Voyager Tracker, individual parts of Voyager Tracker for certain specific transactions, shipping and handling services, term-based software licenses, maintenance and support services for the term-based software licenses, and subscription services. The Company’s customers include project developers, solar asset owners, and engineering, procurement and construction (EPC) contractors that design and build solar energy projects.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for FTC Solar Inc is 1.1%, which is above its 3-year median of -8.8%.
Over the last 3 years, FTC Solar Inc’s Gross Margin has increased from -22.1% to 1.1%. During this period, it reached a low of -26.6% on Dec 31, 2024 and a high of 6.5% on Dec 31, 2023.
