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Northwest Natural Holding Co (Northwest Natural Holding Co) Gross Profit : $375 Mil (TTM As of Dec. 2023)


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What is Northwest Natural Holding Co Gross Profit?

Northwest Natural Holding Co's gross profit for the three months ended in Dec. 2023 was $125 Mil. Northwest Natural Holding Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $375 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Northwest Natural Holding Co's gross profit for the three months ended in Dec. 2023 was $125 Mil. Northwest Natural Holding Co's Revenue for the three months ended in Dec. 2023 was $356 Mil. Therefore, Northwest Natural Holding Co's Gross Margin % for the quarter that ended in Dec. 2023 was 35.06%.

Northwest Natural Holding Co had a gross margin of 35.06% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Northwest Natural Holding Co was 40.54%. The lowest was 31.33%. And the median was 37.08%.

Warning Sign:

Northwest Natural Holding Co gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


Northwest Natural Holding Co Gross Profit Historical Data

The historical data trend for Northwest Natural Holding Co'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.

Northwest Natural Holding Co Gross Profit Chart

Northwest Natural Holding Co 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 282.95 300.50 329.12 341.23 375.20

Northwest Natural Holding Co 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 127.98 165.82 59.42 25.25 124.71

Competitive Comparison of Northwest Natural Holding Co's Gross Profit

For the Utilities - Regulated Gas subindustry, Northwest Natural Holding Co'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.


Northwest Natural Holding Co's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Northwest Natural Holding Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Northwest Natural Holding Co's Gross Profit falls into.



Northwest Natural Holding Co Gross Profit Calculation

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

Northwest Natural Holding Co'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
=1197.475 - 822.274
=375

Northwest Natural Holding Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=355.714 - 231.002
=125

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 $375 Mil.

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

Northwest Natural Holding Co'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
=125 / 355.714
=35.06 %

* 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.


Northwest Natural Holding Co  (NYSE:NWN) 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

Northwest Natural Holding Co had a gross margin of 35.06% for the quarter that ended in Dec. 2023 => Competition eroding margins


Northwest Natural Holding Co Gross Profit Related Terms

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Northwest Natural Holding Co (Northwest Natural Holding Co) Business Description

Traded in Other Exchanges
Address
250 S.W. Taylor Street, Portland, OR, USA, 97204
Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through approximately 7,95,000 meters in Oregon and southwest Washington. The company generates its revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.
Executives
Jane L Peverett director 1489 MARINE DRIVE, SUITE 802, WEST VANCOUVER A1 V7T 1B8
David A. Weber officer: Pres. & CEO of Issuer's Sub. 250 SW TAYLOR ST, PORTLAND OR 97204
Joseph S Karney officer: VP, Eng & Utility Operations, other: NW Natural 250 SW TAYLOR ST, PORTLAND OR 97204
David Hugo Anderson director, officer: President & CEO
Jon G Huddleston officer: VP, Eng. & Utility Operations 250 SW TAYLOR ST, PORTLAND OR 97204
Zachary D Kravitz officer: VP, Rates & Regulatory, other: NW Natural 250 SW TAYLOR ST, PORTLAND OR 97204
Sandra Mcdonough director 250 SW TAYLOR ST, PORTLAND OR 97204
James R Downing officer: VP and CIO 250 SW TAYLOR ST, PORTLAND OR 97204
Malia H Wasson director 220 NW SECOND AVE, PORTLAND OR 97209
Kimberly A. Heiting officer: SVP Comm. & Chf. Mktg. Officer 250 SW TAYLOR ST, PORTLAND OR 97204
Shawn M Filippi officer: VP, CCO & Corp. Secretary 250 SW TAYLOR ST, PORTLAND OR 97204
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
Karen Lee director 250 SW TAYLOR ST, PORTLAND OR 97204
Nathan I Partain director DNP SELECT INCOME FUND INC, 55 E. MONROE, STE. 3600, CHICAGO IL 60603
Justin Palfreyman officer: VP Strategy & Bus Dev 250 SW TAYLOR ST, PORTLAND OR 97204

Northwest Natural Holding Co (Northwest Natural Holding Co) Headlines