Vast Renewables Ltd
NASDAQ:VSTE
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 |
||
|---|---|---|---|---|---|
| AU |
V
|
Vast Renewables Ltd
NASDAQ:VSTE
|
10k USD |
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|
|
| US |
|
Comfort Systems USA Inc
NYSE:FIX
|
43.3B USD |
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|
|
| US |
|
APi Group Corp
NYSE:APG
|
18.5B USD |
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|
|
| UK |
|
HomeServe PLC
LSE:HSV
|
4B GBP |
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|
|
| US |
L
|
Legence Corp
NASDAQ:LGN
|
4.5B USD |
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|
|
| JP |
|
Takasago Thermal Engineering Co Ltd
TSE:1969
|
650.3B JPY |
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|
|
| JP |
D
|
Dai-Dan Co Ltd
TSE:1980
|
389.4B JPY |
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|
|
| JP |
|
Taikisha Ltd
TSE:1979
|
231.2B JPY |
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|
|
| FI |
C
|
Caverion Oyj
OMXH:CAV1V
|
1.2B EUR |
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|
|
| VN |
R
|
Refrigeration Electrical Engineering Corp
VN:REE
|
33.6T VND |
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|
|
| JP |
N
|
Nihon Dengi Co Ltd
TSE:1723
|
189B JPY |
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|
Market Distribution
| Min | -6 907 100% |
| 30th Percentile | 21.6% |
| Median | 38.3% |
| 70th Percentile | 58.2% |
| Max | 2 095.9% |
Other Profitability Ratios
Vast Renewables Ltd
Glance View
Vast Renewables Ltd is a AU-based company operating in industry. The company is headquartered in Sydney, New South Wales and currently employs 4 full-time employees. The company went IPO on 2022-01-07. Vast Renewables Limited is an Australia-based renewable energy company. The firm is focused on concentrated solar thermal power (CSP), delivering clean, dispatchable power and heat, and green fuels. The company has developed CSP systems to generate, store and dispatch carbon-free, utility-scale electricity and industrial heat, and to enable the production of green fuels. The Company’s CSP v3.0 approach to CSP utilizes a modular sodium loop to efficiently capture and convert solar heat into these end products. Its projects include VS1: Utility-Scale Reference Plant; SM1: Solar Methanol Demonstration Plant; VS2: Hybrid Commercial Plant, and others. The company is developing VS1 in Port Augusta, South Australia, a 30 MW / 288 MWh CSP plant. The company has a pipeline of demonstration and commercial scale plants secured and in various stages of development in sunbelt regions and countries around the world, including Australia, the United States, the Middle East, Africa and South America.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Vast Renewables Ltd is -187.1%, which is below its 3-year median of -137.1%.
Over the last 2 years, Vast Renewables Ltd’s Gross Margin has decreased from -123.9% to -187.1%. During this period, it reached a low of -187.1% on Jan 31, 2025 and a high of -99% on Dec 31, 2023.