Cyber Enviro-Tech (CETI) Gross Margin (2022 - 2024)
Cyber Enviro-Tech (CETI) posted Gross Margin of 50.64% for Q3 2024, down 31.53% sequentially from 73.96% in Q4 2023.
Cyber Enviro-Tech (CETI) Gross Margin (2022 - 2024) Analysis & Trends
Cyber Enviro-Tech has reported Gross Margin for 3 years, with the latest figure at 50.64% in Q3 2024.
- Quarterly Gross Margin changed N/A year-over-year to 50.64% in Q3 2024, while the trailing twelve-month figure through Sep 2025 was 25.98% (down 5962.0% YoY) and the FY2023 annual result came in at 73.96%, down 38.0% from the prior year.
- Gross Margin fell to 50.64% in Q3 2024 per CETI's latest filing, from 73.96% in the prior quarter.
- Over five years, Gross Margin peaked at 74.49% in Q3 2022 and troughed at 50.64% in Q3 2024.
- A 3-year average of 68.27% and a median of 73.99% in 2022 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 6 bps in 2023, down 6 bps in 2023.
- Over 3 years, Gross Margin stood at 74.02% in 2022, then slipped by 0 bps to 73.96% in 2023, then sank by 32 bps to 50.64% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 50.64%, 73.96%, and 74.02% for Q3 2024, Q4 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.66 Bn | 26.47 Bn | - | - |
| 2 | Essential Utilities | 11.36 Bn | 11.35 Bn | - | - |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 91.44% |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 85.37% |
| 5 | H2O America | 2.60 Bn | 2.49 Bn | 197.11 Mn | 93.65% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | - |
| 7 | Consolidated Water | 517.12 Mn | 390.79 Mn | 10.92 Mn | 36.42% |
| 8 | York Water | 517.01 Mn | 516.45 Mn | - | - |
| 9 | Artesian Resources | 362.21 Mn | 357.96 Mn | 26.56 Mn | 95.63% |
| 10 | Cyber Enviro-Tech | 4.70 Mn | 4.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 50.64% |
| Dec 31, 2023 | 73.96% |
| Dec 31, 2022 | 74.02% |
| Sep 30, 2022 | 74.49% |