Recon Technology (RCON) Gross Margin (2010 - 2018)
Recon Technology (RCON) posted Gross Margin of 24.23% for Q2 2018, down 335.39% sequentially from 10.29% in Q1 2018, and down 3840.0% YoY from 0.65% in Q2 2017.
Recon Technology (RCON) Gross Margin (2010 - 2018) Analysis & Trends
Recon Technology has reported Gross Margin for 9 years, with the latest figure at 24.23% in Q2 2018.
- Quarterly Gross Margin fell 3840.0% year-over-year to 24.23% in Q2 2018, while the trailing twelve-month figure through Jun 2018 was 4.79% (down 2465.0% YoY) and the FY2025 annual result came in at 22.99%, down 733.0% from the prior year.
- Gross Margin fell to 24.23% in Q2 2018 per RCON's latest filing, from 10.29% in the prior quarter.
- Over five years, Gross Margin peaked at 43.93% in Q4 2016 and troughed at 97.76% in Q2 2015.
- A 5-year average of 11.7% and a median of 15.75% in 2014 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2015 and 2016: Gross Margin slumped 12848 bps in 2015, then soared 8703 bps in 2016.
- Over 5 years, Gross Margin stood at 42.09% in 2014, then slumped by 53 bps to 19.98% in 2015, then jumped by 120 bps to 43.93% in 2016, then slumped by 78 bps to 9.63% in 2017, then tumbled by 352 bps to 24.23% in 2018.
- According to Business Quant data, Gross Margin over the past three periods registered 24.23%, 10.29%, and 9.63% for Q2 2018, Q1 2018, and Q4 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Recon Technology | 169,372.78 | -12.32 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | -24.23% |
| Mar 31, 2018 | 10.29% |
| Dec 31, 2017 | 9.63% |
| Sep 30, 2017 | 17.20% |
| Jun 30, 2017 | 14.17% |
| Mar 31, 2017 | 18.33% |
| Dec 31, 2016 | 43.93% |
| Sep 30, 2016 | 14.00% |
| Jun 30, 2016 | -10.73% |
| Mar 31, 2016 | 37.45% |
| Dec 31, 2015 | 19.98% |
| Sep 30, 2015 | 11.18% |
| Jun 30, 2015 | -97.76% |
| Mar 31, 2015 | 31.21% |
| Dec 31, 2014 | 42.09% |
| Sep 30, 2014 | 14.30% |
| Jun 30, 2014 | 30.72% |
| Mar 31, 2014 | 28.77% |
| Dec 31, 2013 | 35.72% |
| Sep 30, 2013 | 45.96% |