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Empresa Distribuidora y Comercializadora Norte (Empresa Distribuidora y Comercializadora Norte) Gross Profit : $81 Mil (TTM As of Dec. 2023)


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What is Empresa Distribuidora y Comercializadora Norte Gross Profit?

Empresa Distribuidora y Comercializadora Norte's gross profit for the three months ended in Dec. 2023 was $-5 Mil. Empresa Distribuidora y Comercializadora Norte's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $81 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Empresa Distribuidora y Comercializadora Norte's gross profit for the three months ended in Dec. 2023 was $-5 Mil. Empresa Distribuidora y Comercializadora Norte's Revenue for the three months ended in Dec. 2023 was $893 Mil. Therefore, Empresa Distribuidora y Comercializadora Norte's Gross Margin % for the quarter that ended in Dec. 2023 was -0.59%.

Empresa Distribuidora y Comercializadora Norte had a gross margin of -0.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Empresa Distribuidora y Comercializadora Norte was 24.08%. The lowest was -36.12%. And the median was 8.40%.

Warning Sign:

Empresa Distribuidora y Comercializadora Norte SA gross margin has been in long-term decline. The average rate of decline per year is -32.9%.


Empresa Distribuidora y Comercializadora Norte Gross Profit Historical Data

The historical data trend for Empresa Distribuidora y Comercializadora Norte's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Empresa Distribuidora y Comercializadora Norte Gross Profit Chart

Empresa Distribuidora y Comercializadora Norte Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 575.76 488.30 876.27 139.21 76.80

Empresa Distribuidora y Comercializadora Norte Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.24 7.23 16.96 62.20 -5.30

Competitive Comparison of Empresa Distribuidora y Comercializadora Norte's Gross Profit

For the Utilities - Regulated Electric subindustry, Empresa Distribuidora y Comercializadora Norte's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Empresa Distribuidora y Comercializadora Norte's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Distribuidora y Comercializadora Norte's Gross Profit distribution charts can be found below:

* The bar in red indicates where Empresa Distribuidora y Comercializadora Norte's Gross Profit falls into.



Empresa Distribuidora y Comercializadora Norte Gross Profit Calculation

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

Empresa Distribuidora y Comercializadora Norte's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1942.1 - 1865.297
=77

Empresa Distribuidora y Comercializadora Norte's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=892.762 - 898.058
=-5

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $81 Mil.

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

Empresa Distribuidora y Comercializadora Norte's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-5 / 892.762
=-0.59 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange 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.


Empresa Distribuidora y Comercializadora Norte  (NYSE:EDN) Gross Profit 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

Empresa Distribuidora y Comercializadora Norte had a gross margin of -0.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Empresa Distribuidora y Comercializadora Norte Gross Profit Related Terms

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Empresa Distribuidora y Comercializadora Norte (Empresa Distribuidora y Comercializadora Norte) Business Description

Traded in Other Exchanges
Address
6363 Del Libertador Avenue, Buenos Aires, ARG, C1428ARG
Empresa Distribuidora y Comercializadora Norte SA is an Investment company and provider of services related to the distribution of electricity, renewable energies, and the development of sustainable technology. The firm's concession area covers the northern portion of the city of Buenos Aires mainly to residential, commercial, industrial, and public service.