As of June 17, 2025, TT electronics PLC (TTG.L) reports a Gross Margin of 21.05%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of TT electronics PLC's Gross Margin
Over recent years, TT electronics PLC's Gross Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2024-12-31 | 21.05% |
| 2023-12-31 | 23.18% |
| 2022-12-31 | 21.96% |
| 2021-12-31 | 24.28% |
| 2020-12-31 | 22.95% |
This slight downward trend highlights how TT electronics PLC manages its operational efficiency and pricing power over time.
Comparing TT electronics PLC's Gross Margin to Peers
To better understand TT electronics PLC's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| TT electronics PLC (TTG.L) | 21.05% |
| Gefran SpA (GE.MI) | 71.96% |
| Acconeer AB (ACCON.ST) | 64.05% |
| Vaisala Oyj (VAIAS.HE) | 56.34% |
| Aspocomp Group Oyj (ACG1V.HE) | 45.71% |
| Sivers Semiconductors AB (SIVE.ST) | 44.25% |
Compared to its competitors, TT electronics PLC's Gross Margin is among the lowest compared to peers, suggesting potential challenges in production costs or pricing strategy.