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3M is Among the Companies in the Industrial Conglomerates Industry With the Highest Gross Margin (MMM, TYC, RAVN, SXI, TKS)

Written on Wed, 07/28/2010 - 4:03am
By Chip Brian

Below are the top five companies in the Industrial Conglomerates industry as ranked by gross margin. Gross Margin tells you how many of your sales dollars are profit. If efficiency is improved, more profits will result.
3M (NYSE:MMM) has gross margin of 49%, a sales growth of 17.7%, and trailing 12 months sales of $25.4 billion.
Tyco International (NYSE:TYC) has gross margin of 36.2%, a sales growth of 0.5%, and trailing 12 months sales of $17.1 billion.
Raven Industries (NASDAQ:RAVN) has gross margin of 32%, a sales growth of 30.4%, and trailing 12 months sales of $257.6 million.
Standex International (NYSE:SXI) has gross margin of 30.5%, a sales growth of 3.4%, and trailing 12 months sales of $566.3 million.
Tomkins (NYSE:TKS) has gross margin of 27.2%, a sales growth of 30.7%, and trailing 12 months sales of $5.9 billion.
SmarTrend is bullish on shares of SXI and our subscribers were alerted to Buy on May 12, 2010 at $26.46. The stock has risen 7% since the alert was issued.

Keywords: keywords: nyse:mmm 3M gross margin

Ticker(s): MMM TYC RAVN SXI TKS

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