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-over-year from 51.51% in Q4 2024, and down 4.91% quarter-over-quarter 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.
- In Q4 2025, Gross Margin fell 84.0% year-over-year to 8.24%; the TTM figure through Dec 2025 stood at 7.03% (down 39.0% YoY), while the FY2025 annual figure was 7.03%, down 39.0% from the prior year.
- Gross Margin slipped to 8.24% in Q4 2025 per APWC's latest filing, from 8.67% in the prior quarter.
- Across five years, Gross Margin topped out at 9.08% in Q4 2024 and bottomed at 3.64% in Q1 2025.
- Historically, Gross Margin has averaged 6.85% across 5 years, with a median of 7.24% in 2022.
- On a YoY basis, Gross Margin climbed as much as 249 bps in 2025 and fell as far as 489 bps in 2025.
- Asia Pacific Wire & Cable's Gross Margin stood at 7.69% in 2021, then dropped by 10 bps to 6.91% in 2022, then decreased by 13 bps to 5.98% in 2023, then jumped by 52 bps to 9.08% in 2024, then decreased by 9 bps to 8.24% in 2025.
- Business Quant data shows APWC's Gross Margin at 8.24% in Q4 2025, 8.67% in Q3 2025, and 6.78% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.55 Bn | 97.44 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 57.75 Bn | 55.08 Bn | 355.57 Mn | 33.38% |
| 3 | Hubbell | 24.91 Bn | 24.51 Bn | 613.00 Mn | 35.81% |
| 4 | nVent Electric | 24.88 Bn | 24.62 Bn | 558.00 Mn | 37.93% |
| 5 | Advanced Energy Industries | 11.16 Bn | 9.75 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.96 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.23 Bn | 6.60 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 33.49% |
| 9 | Plug Power | 3.20 Bn | 2.88 Bn | -1.68 Mn | -0.94% |
| 10 | Asia Pacific Wire & Cable | 60.84 Mn | -3.75 Mn | 11.01 Mn | 8.06% |
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% |