Westport Fuel Systems Inc

NASDAQ WPRT

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Westport Fuel Systems Inc Gross Profit Margin for the year ending December 31, 2023: 13.45%

Westport Fuel Systems Inc Gross Profit Margin is 13.45% for the year ending December 31, 2023, a 13.60% change year over year. Gross Profit Margin represents the percentage of revenue that represents gross profit, indicating the efficiency of a company's production and pricing.
  • Westport Fuel Systems Inc Gross Profit Margin for the year ending December 31, 2022 was 11.84%, a -23.17% change year over year.
  • Westport Fuel Systems Inc Gross Profit Margin for the year ending December 31, 2021 was 15.41%, a -1.58% change year over year.
  • Westport Fuel Systems Inc Gross Profit Margin for the year ending December 31, 2020 was 15.66%, a -29.94% change year over year.
  • Westport Fuel Systems Inc Gross Profit Margin for the year ending December 31, 2019 was 22.35%, a -5.93% change year over year.
NASDAQ: WPRT

Westport Fuel Systems Inc

CEO Mr. David M. Johnson
IPO Date Aug. 22, 1995
Location Canada
Headquarters 1750 West 75th Avenue, Vancouver, BC, Canada, V6P 6G2
Employees 1,715
Sector Consumer Cyclical
Industry Auto parts
Description

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket. It offers alternative fuel systems and components, such as liquefied petroleum gas (LPG), compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas or biomethane, and hydrogen; and pressure regulators, injectors, electronic control units, valves and filters, complete bi-fuel, mono-fuel and dual-fuel LPG and natural gas conversion kits and high-pressure hydrogen components. The company provides Westport's LNG high pressure direct injection 2.0 fuel system and bi-fuel products; offers turnkey solutions covering all process phases, including prototyping, development, calibration, validation, homologation, vehicle conversion and logistic services, as well as systems for diesel-powered vehicles; and supplies hydrogen fuel system components for light, medium, and heavy-duty applications. It offers its products under the AFS, BRC, Emer, GFI, HPDI, Stako, Prins, Zavoli, OMVL, TA Gas Technology, Vialle, and Valtek brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.

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