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
DateValue
Sep 30, 2024 50.64%
Dec 31, 2023 73.96%
Dec 31, 2022 74.02%
Sep 30, 2022 74.49%