Phoenix Motor Inc
NASDAQ:PEV
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 |
|
Phoenix Motor Inc
NASDAQ:PEV
|
9.2m USD |
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|
| US |
|
Tesla Inc
NASDAQ:TSLA
|
1.5T USD |
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|
|
| JP |
|
Toyota Motor Corp
TSE:7203
|
49.9T JPY |
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|
|
| KR |
|
Hyundai Motor Co
KRX:005380
|
175.4T KRW |
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|
|
| CN |
|
BYD Co Ltd
SZSE:002594
|
817.4B CNY |
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|
|
| DE |
|
Mercedes Benz Group AG
MIL:MBG
|
75.3B EUR |
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|
|
| DE |
|
Daimler AG
XETRA:DAI
|
67.5B EUR |
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|
|
| IT |
|
Ferrari NV
MIL:RACE
|
62.3B EUR |
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|
|
| US |
|
General Motors Co
NYSE:GM
|
70.8B USD |
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|
|
| DE |
|
Bayerische Motoren Werke AG
XETRA:BMW
|
54.4B EUR |
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|
|
| DE |
|
Mercedes-Benz Group AG
XETRA:MBG
|
52.2B EUR |
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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
Phoenix Motor Inc
Glance View
Phoenix Motor Inc is a US-based company operating in Automobiles industry. The company is headquartered in Ontario, California and currently employs 37 full-time employees. The company went IPO on 2022-06-08. Phoenix Motor Inc., doing business as Phoenix Motorcars, is a techno-motive company. The firm through its wholly owned subsidiaries, Phoenix Cars LLC, Phoenix Motorcars Leasing LLC, and EdisonFuture Motor, Inc., designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles (EVs) markets and sells electric vehicle chargers for the commercial and residential markets. Its subsidiary, Phoenix Cars, LLC (PCL,) designs and manufactures advanced zero-emission electric drivetrain systems for integration in medium to heavy-duty commercial fleet vehicles in United States. Phoenix Motorcars Leasing, LLC serves as a sales and leasing dealership for PCL in United States. The firm develops and integrates electric drivetrain into the Ford Econoline Chassis, specifically on the Ford E-450. The company develops light and medium duty commercial electric vehicles for various service and government fleet markets, including city fleets, campuses and municipalities.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Phoenix Motor Inc is 17.6%, which is above its 3-year median of 10.4%.
Over the last 3 years, Phoenix Motor Inc’s Gross Margin has increased from -9.2% to 17.6%. During this period, it reached a low of -18.8% on Dec 31, 2021 and a high of 18.9% on Dec 31, 2022.
