As of June 21, 2025, Mechanical Technology Inc (MKTY) reports a Gross Margin of 68.02%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of Mechanical Technology Inc's Gross Margin
Over recent years, Mechanical Technology Inc's Gross Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2020-12-31 | 68.02% |
| 2019-12-31 | 66.36% |
| 2018-12-31 | 71.09% |
| 2017-12-31 | 68.41% |
| 2016-12-31 | 61.47% |
This slight upward trend highlights how Mechanical Technology Inc manages its operational efficiency and pricing power over time.
Comparing Mechanical Technology Inc's Gross Margin to Peers
To better understand Mechanical Technology Inc's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| Mechanical Technology Inc (MKTY) | 68.02% |
| FluroTech Ltd (TEST.V) | 7775.20% |
| Micromem Technologies Inc (MRM.CN) | 7775.20% |
| Darkpulse Inc (DPLS) | 98.21% |
| Image Sensing Systems Inc (ISNS) | 78.82% |
| Coda Octopus Group Inc (CODA) | 69.76% |
Compared to its competitors, Mechanical Technology Inc's Gross Margin is among the highest compared to peers, indicating superior product pricing power or cost efficiency in production.