Switch to:
U S Energy Corp (NAS:USEG)
Gross Profit
$21.77 Mil (TTM As of Jun. 2014)

U S Energy Corp's gross profit for the three months ended in Jun. 2014 was $6.54 Mil. U S Energy Corp's gross profit for the trailing twelve months (TTM) ended in Jun. 2014 was $21.77 Mil.

Gross Margin is calculated as gross profit divided by its revenue. U S Energy Corp's gross profit for the three months ended in Jun. 2014 was $6.54 Mil. U S Energy Corp's revenue for the three months ended in Jun. 2014 was $9.13 Mil. Therefore, U S Energy Corp's Gross Margin for the quarter that ended in Jun. 2014 was 71.67%.

U S Energy Corp had a gross margin of 71.67% for the quarter that ended in Jun. 2014 => Durable competitive advantage

During the past 13 years, the highest Gross Margin of U S Energy Corp was 70.05%. The lowest was -222.51%. And the median was 20.54%.


Definition

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

U S Energy Corp's Gross Profit for the fiscal year that ended in Dec. 2013 is calculated as

Gross Profit (A: Dec. 2013 )=Revenue - Cost of Goods Sold
=33.647 - 10.469
=23.18

U S Energy Corp's Gross Profit for the quarter that ended in Jun. 2014 is calculated as

Gross Profit (Q: Jun. 2014 )=Revenue - Cost of Goods Sold
=9.128 - 2.586
=6.54

U S Energy Corp Gross Profit for the trailing twelve months (TTM) ended in Jun. 2014 was 5.705 (Sep. 2013 ) + 3.998 (Dec. 2013 ) + 5.527 (Mar. 2014 ) + 6.542 (Jun. 2014 ) = $21.77 Mil.

Gross Profit is the numerator in the calculation of Gross Margin:

U S Energy Corp's Gross Margin for the quarter that ended in Jun. 2014 is calculated as

Gross Margin (Q: Jun. 2014 )=Gross Profit (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.54 / 9.128
=71.67 %

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

U S Energy Corp had a gross margin of 71.67% for the quarter that ended in Jun. 2014 => Durable competitive advantage


Related Terms

Cost of Goods Sold, Gross Margin, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

U S Energy Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Gross_Profit -1.29-0.83-1.81-1.420.684.6318.6017.0418.8520.13

U S Energy Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Gross_Profit 4.825.325.132.324.445.355.714.005.536.54
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK