
Velan Inc
TSX:VLN

Gross Margin
Velan Inc
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 |
||
---|---|---|---|---|---|
CA |
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Velan Inc
TSX:VLN
|
315.8m CAD |
29%
|
|
JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY |
28%
|
|
US |
![]() |
Parker-Hannifin Corp
NYSE:PH
|
93.4B USD |
37%
|
|
JP |
![]() |
Mitsubishi Heavy Industries Ltd
TSE:7011
|
13T JPY |
21%
|
|
US |
![]() |
Illinois Tool Works Inc
NYSE:ITW
|
74.9B USD |
44%
|
|
SE |
![]() |
Atlas Copco AB
STO:ATCO A
|
706.2B SEK |
43%
|
|
CH |
![]() |
Schindler Holding AG
SIX:SCHP
|
31.8B CHF |
35%
|
|
US |
![]() |
Barnes Group Inc
NYSE:B
|
39.3B USD |
41%
|
|
US |
![]() |
Xylem Inc
NYSE:XYL
|
34.8B USD |
38%
|
|
US |
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Otis Worldwide Corp
NYSE:OTIS
|
33.8B USD |
30%
|
|
FI |
K
|
Kone Oyj
OMXH:KNEBV
|
27.4B EUR |
14%
|
Velan Inc
Glance View
Velan, Inc. engages in the design, manufacturing, and marketing of industrial valves for use in industry applications. The company is headquartered in Montreal, Quebec and currently employs 1,719 full-time employees. The firm produces steel industrial valves operating approximately 12 manufacturing plants across the world. The firm has operations in geographies, including Canada, the United States, France, Italy and Other. The firm's North American operations comprise approximately two manufacturing plants in Canada, as well as one manufacturing plant and one distribution facility in the United States. Its overseas operations include manufacturing plants in France, Italy, Portugal, Korea, Taiwan, India, and China. The firm's operations also include a sales operation in Germany and a 50%-owned Korean foundry.

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 Velan Inc's most recent financial statements, the company has Gross Margin of 28.7%.