Ituran Location & Control (ITRN) Gross Margin (2017 - 2019)
Ituran Location & Control (ITRN) reported Gross Margin of 46.08% for Q4 2019, down 183.0% on a YoY basis from 55.51% in Q4 2018, and up 1.15% quarter-over-quarter from 45.55% in Q3 2019.
Ituran Location & Control (ITRN) Gross Margin (2017 - 2019) Analysis & Trends
Ituran Location & Control has reported Gross Margin for 3 years, with the latest figure at 46.08% in Q4 2019.
- For the quarter ending Q4 2019, Gross Margin fell 183.0% year-over-year to 46.08%; the trailing twelve-month figure through Dec 2019 stood at 46.28% (down 393.0% YoY), and the FY2025 full-year result was 49.74%, up 197.0% from the prior year.
- Gross Margin for Q4 2019 stood at 46.08%, up from 45.55% in the prior quarter.
- The five-year high for Gross Margin was 54.13% in Q3 2018, with the low at 45.55% in Q3 2019.
- Historically, Gross Margin has averaged 48.61% across 3 years, with a median of 47.91% in 2018.
- Annual changes were most pronounced in 2018 — Gross Margin jumped 374 bps — and 2019, when it plunged 858 bps.
- Ituran Location & Control's Gross Margin stood at 50.39% in 2017, then fell by 5 bps to 47.91% in 2018, then retreated by 4 bps to 46.08% in 2019.
- The last three Gross Margin figures came in at 46.08% (Q4 2019), 45.55% (Q3 2019), and 47.04% (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 37.66% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 62.19% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 59.44% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 43.19% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 47.03% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 63.17% |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 68.76% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 71.13% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 42.45% |
| 10 | Ituran Location & Control | 1.27 Bn | 1.17 Bn | 47.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 46.08% |
| Sep 30, 2019 | 45.55% |
| Jun 30, 2019 | 47.04% |
| Mar 31, 2019 | 46.42% |
| Dec 31, 2018 | 47.91% |
| Sep 30, 2018 | 54.13% |
| Jun 30, 2018 | 50.12% |
| Mar 31, 2018 | 49.87% |
| Sep 30, 2017 | 50.39% |