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Technology Sector Profitability

Profitability Information & Trends 
  
Category:   Period:  

Technology Sector Profitability Ratios 3 Q 2024 2 Q 2024 1 Q 2024 4 Q 2023 3 Q 2023
  2024 2024 2024 2023 2023
Gross Margin 57.77 % 54.97 % 51.98 % 50.47 % 53.72 %
Gross Margin Annual (TTM) 52.75 % 52.91 % 51.43 % 51.81 % 52.96 %
Gross Margin Ranking # 2 # 6 # 6 # 7 # 6
EBITDA Margin 46.4 % 26.97 % 24.21 % 18.95 % 25.99 %
EBITDA Margin Annual (TTM) 37.52 % 26.46 % 24.33 % 22.1 % 24.63 %
EBITDA Margin Ranking # 1 # 2 # 3 # 3 # 2
Operating Margin 26.26 % 21.4 % 19.18 % 19.64 % 21.4 %
Operating Margin Annual (TTM) 16.5 % 20.87 % 19.51 % 19.2 % 19.97 %
Operating Margin Ranking # 1 # 2 # 2 # 4 # 3
Pre-Tax Margin 26.57 % 20.76 % 18.85 % 19.37 % 20.36 %
Pre-Tax Margin Annual (TTM) 16.87 % 20.04 % 18.63 % 18.24 % 18.94 %
Pre-Tax Margin Ranking # 1 # 1 # 1 # 1 # 1
Net Margin 19.18 % 16.79 % 15.89 % 16.69 % 17.2 %
Net Margin Annual (TTM) 12.85 % 16.88 % 15.93 % 15.58 % 15.89 %
Net Margin Ranking # 1 # 1 # 1 # 1 # 1


Comment on the 3 Q 2024 Gross Margin within the Technology Sector

Technology Sector Gross Profits grew by 15.76 % in 3 Q 2024 sequentially, while Revenue increased by 8.47 %, this led to improvement in Technology Sector's Gross Margin to 57.77 %, above Technology Sector average Gross Margin.

On the trailing twelve months basis gross margin in 3 Q 2024 fell to 52.75 %.

Within sector only one Sector has achieved higher gross margin. Gross margin total ranking has impoved so far to 2, from total ranking in previous quarter at 6.

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.

Gross Margin Statistics
High Average Low
57.92 % 53.12 % 47.96 %
1. quarter 2017   4. quarter 2018

Gross Margin Sector Ranking
Within: No.
Sector # 2
Overall # 2


Other Gross Margins
Compare Sector's gross margin to Xpel's or S&P Gross profits within Technology Sector
Highest Ranking Gross Margins Lowest Ranking Gross Margins
Profitability for Xpel's Suppliers Definiton of Gross Margin

Technology Sector EBITDA Margin Statistics

 
EBITDA Margin Statistics
High Average Low
296.77 % 30.21 % 7.45 %
1. quarter 2016   2. quarter 2015

EBITDA Margin Sector Ranking
Within: No.
Sector # 1
Overall # 1

EBITDA Margin Comment on the 3 Q 2024 within the Technology Sector

Technology Sector Ebitda grew by 23.84 % in 3 Q 2024 sequentially, while Revenue increased by 8.47 %, this led to improvement in Technology Sector's Ebitda Margin to 46.4 %, above Technology Sector average Ebitda Margin.

On the trailing twelve months basis Ebitda Margin in 3 Q 2024 grew to 37.52 %.

Within sector, Technology Sector achieved highest ebitda margin. Ebitda margin total ranking has impoved so far to 1, from total ranking in previous quarter at 2.

Other EBITDA Margins
Compare Sector's EBITDA margin to Xpel's or S&P Gross profits within Technology Sector
Highest Ranking EBITDA Margins Lowest Ranking EBITDA Margins
Profitability for Sector's Suppliers Sector Net Cash Flow Margin


Technology Sector Operating Margin Statistics

 

Operating Margin Comment on the 3 Q 2024 within the Technology Sector

Technology Sector Operating Profit grew by 36.18 % in 3 Q 2024 sequentially, while Revenue increased by 8.47 %, this led to improvement in Technology Sector's Operating Margin to 26.26 % a new Sector high.

On the trailing twelve months basis operating margin in 3 Q 2024 fell to 16.5 %.

Within sector, Technology Sector achieved highest operating margin. Operating margin total ranking has impoved so far to 1, from total ranking in previous quarter at 2.



Operating Margin Statistics
High Average Low
26.26 % 19.02 % 13.75 %
3. quarter 2024   4. quarter 2015

Operating Margin Sector Ranking
Within: No.
Sector # 1
Overall # 1

Technology Sector Pre-Tax Margin Statistics

 


Pre-Tax Margin Statistics
High Average Low
26.57 % 18.64 % 13.27 %
3. quarter 2024   2. quarter 2015

Comment on the 3 Q 2024 Pre-Tax Margin in the Technology Sector

Technology Sector Pre-Tax Income grew by 35.35 % in 3 Q 2024 sequentially, while Revenue increased by 8.47 %, this led to improvement in Technology Sector's Pre-Tax Margin to 26.57 % a new Sector high.

On the trailing twelve months basis Pre-Tax Margin in 3 Q 2024 fell to 16.87 %.

Within sector, Technology Sector achieved highest Pre-Tax Margin. Total ranking remained unchanged compare to previous quarter at no. 1.
Pre-Tax Margin Sector Ranking
Within: No.
Sector # 1
Overall # 1

Pre-Tax Margins
Compare Sector's pre-tax margin to Xpel's or S&P Net profits within Technology Sector
Highest Ranking Net Margins Lowest Ranking Net Margins
Profitability for Xpel's Competitors Sector Tax Rate


Technology Sector Net Margin Statistics

 





Net Margin Comment on the 3 Q 2024 in the Technology Sector

Technology Sector Net Profit grew by 36.98 % in 3 Q 2024 sequentially, while Revenue increased by 8.47 %, this led to improvement in Technology Sector's Net Margin to 19.18 %, above Technology Sector average Net Margin.

On the trailing twelve months basis Net margin in 3 Q 2024 fell to 12.85 %.

Within sector, Technology Sector achieved highest Net margin. Total ranking remained unchanged compare to previous quarter at no. 1.

Net Margin Statistics
High Average Low
20.65 % 15.27 % 5.23 %
3. quarter 2021   0. quarter 2018
Net Margin Sector Ranking
Within: No.
Sector # 1
Overall # 1

Other Net Margins
Compare Sector's net margin to Xpel's or S&P Net profits within Technology Sector
Highest Ranking Net Margins Lowest Ranking Net Margins
Profitability for Xpel's Suppliers Definiton of Net Margin





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