Tessco Technologies (TESS) has a profit margin of -0.96%, below the Technology sector average of 36.35%.
Get informed when a big investor buys or sells
+ FollowAs of Mar 2023
Trailing 12 months ending Mar 2023
Tessco Technologies (TESS) currently reports a profit margin of -0.96% as of March 2023. That compares with -0.65% in the prior-year period — down 48.8% year over year. That is below the Technology sector average of 36.35%. Use the charts on this page to explore Tessco Technologies's profit margin history and peer comparisons.
Tessco Technologies's profit margin decreased from -0.65% to -0.96% — a 48.8% year-over-year decrease (period ending March 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Tessco Technologies's profit margin of -0.96% is lower than the Technology sector average of 36.35%. That is roughly 102.6% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Tessco Technologies's current -0.96% should be judged against Technology norms (sector average: 36.35%) and against TESS's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of -0.96%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 36.35%. From there, open related valuation or income-statement pages for Tessco Technologies, and consider following TESS for alerts when major investors trade the stock.