Below are the five companies in the Tobacco Products industry with the highest gross margins. Gross margin represents the amount of revenue retained after deducting direct costs associated with producing the goods or services which led to that revenue. The higher the gross margin as a percentage of revenue, the better.
Philip Morris International Inc ranks highest with a gross margin of 8,700.0%. British American Tobacco Industries p.l.c. ADR is next with a gross margin of 8,330.0%. Altria Group Inc. ranks third highest with a gross margin of 7,340.0%.
Turning Point Brands Inc. follows with a gross margin of 4,960.0%, and Vector Group Ltd. rounds out the top five with a gross margin of 3,330.0%.
InvestorBrandNetwork is tracking the recent change of momentum in the Industry.
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