Below are the three companies in the Electrical Components & Equipment industry with the highest gross margins. Gross margin represents the amount of revenue retained after deducting direct costs associated with producing the goods or services which led to that revenue. The higher the gross margin as a percentage of revenue, the better.
Roper Industries (NYSE:ROP) is highest with a gross margin of 53.7%. Roper Industries, Inc. manufactures industrial controls, fluid handling, and analytical instrumentation products worldwide. Roper serves selected segments of a broad range of markets such as oil & gas, scientific research, medical diagnostics, semiconductor, refrigeration, automotive, water and wastewater, power generation, agricultural irrigation, and other niche industries.
In the past 52 weeks, shares of Roper Industries have traded between a low of $64.90 and a high of $88.76 and are now at $86.87, which is 34% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has remained constant.
Brady (NYSE:BRC) is next with a gross margin of 48.0%.
Finishing up the top three is Advanced Battery Technologies (NASDAQ:ABAT), with a gross margin of 42.8%.
