As of June 21, 2025, Plastic2Oil Inc (PTOI) reports a Gross Margin of 61.55%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of Plastic2Oil Inc's Gross Margin
Over recent years, Plastic2Oil Inc's Gross Margin has shown significant volatility. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2018-12-31 | 61.55% |
| 2017-12-31 | 61.55% |
| 2016-12-31 | 61.51% |
| 2015-12-31 | -65.55% |
| 2014-12-31 | -8.43% |
This steady improvement highlights how Plastic2Oil Inc manages its operational efficiency and pricing power over time.
Comparing Plastic2Oil Inc's Gross Margin to Peers
To better understand Plastic2Oil Inc's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| Plastic2Oil Inc (PTOI) | 61.55% |
| ReGen III Corp (GIII.V) | 7775.20% |
| CleanTech Biofuels Inc (CLTH) | 7775.20% |
| CleanTech Alpha Corp (GERS) | 100.00% |
| Bluefire Renewables Inc (BFRE) | 100.00% |
| Green Energy Live Inc (GELV) | 87.70% |
Compared to its competitors, Plastic2Oil Inc's Gross Margin is among the highest compared to peers, indicating superior product pricing power or cost efficiency in production.