Asia Pacific Wire & Cable (APWC) Gross Margin (2009 - 2025)
Asia Pacific Wire & Cable (APWC) posted quarterly Gross Margin of 8.24% for Q4 2025, down 84.0% year-on-year from 51.51% in Q4 2024, and down 4.91% on a QoQ basis from 8.67% in Q3 2025.
Asia Pacific Wire & Cable (APWC) Gross Margin (2009 - 2025) Analysis & Trends
Asia Pacific Wire & Cable (APWC) has reported Gross Margin for 17 consecutive years, with 8.24% the latest figure, recorded in Q4 2025.
- Quarterly Gross Margin fell 84.0% year-over-year to 8.24% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 7.03% (down 39.0% YoY) and the FY2025 annual result came in at 7.03%, down 39.0% from the prior year.
- Gross Margin fell to 8.24% in Q4 2025 per APWC's latest filing, from 8.67% in the prior quarter.
- Over the last five years, Gross Margin for APWC reached as high as 9.08% in Q4 2024 and fell as low as 3.64% in Q1 2025.
- A 5-year average of 6.85% and a median of 7.24% in 2022 frame the typical range for Gross Margin.
- The largest YoY upside for Gross Margin was 249 bps in 2025 against a maximum downside of 489 bps in 2025.
- Year by year, Gross Margin stood at 7.69% in 2021, then retreated by 10 bps to 6.91% in 2022, then declined by 13 bps to 5.98% in 2023, then jumped by 52 bps to 9.08% in 2024, then declined by 9 bps to 8.24% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 8.24%, 8.67%, and 6.78% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 33.45% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 30.03% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 33.32% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 35.88% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 39.32% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 50.62% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 29.65% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 29.44% |
| 10 | Asia Pacific Wire & Cable | 30.72 Mn | 64.15 Mn | 11.03 Mn | 8.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.24% |
| Sep 30, 2025 | 8.67% |
| Jun 30, 2025 | 6.78% |
| Mar 31, 2025 | 3.64% |
| Dec 31, 2024 | 9.08% |
| Sep 30, 2024 | 7.57% |
| Jun 30, 2024 | 4.29% |
| Mar 31, 2024 | 8.54% |
| Sep 30, 2023 | 5.98% |
| Jun 30, 2023 | 4.12% |
| Sep 30, 2022 | 6.91% |
| Jun 30, 2022 | 6.51% |
| Sep 30, 2021 | 7.69% |
| Jun 30, 2021 | 7.93% |
| Sep 30, 2020 | 11.59% |
| Sep 30, 2019 | 6.04% |
| Jun 30, 2019 | 4.06% |
| Mar 31, 2019 | 7.30% |
| Dec 31, 2018 | 8.57% |
| Sep 30, 2018 | 7.70% |