ERG SPA (MIL:ERG) COGS-to-Revenue : 0.22 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is ERG SPA COGS-to-Revenue?

ERG SPA's Cost of Goods Sold for the three months ended in Mar. 2024 was €48.0 Mil. Its Revenue for the three months ended in Mar. 2024 was €218.0 Mil.

ERG SPA's COGS to Revenue for the three months ended in Mar. 2024 was 0.22.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ERG SPA's Gross Margin % for the three months ended in Mar. 2024 was 77.98%.

ERG SPA COGS-to-Revenue Historical Data

The historical data trend for ERG SPA's COGS-to-Revenue 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.

ERG SPA COGS-to-Revenue Chart

ERG SPA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.47

0.49

0.26

0.24

0.25

ERG SPA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.21	0.27	0.28	0.23	0.22

ERG SPA COGS-to-Revenue Calculation

ERG SPA's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	185.325	/	740.94
	=	0.25

ERG SPA's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	48	/	218
	=	0.22

ERG SPA (MIL:ERG) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

ERG SPA's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	48 / 218
	=	77.98 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

ERG SPA COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of ERG SPA's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

ERG SPA (MIL:ERG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ERG SPA (MIL:ERG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ERGm:UK 0MHC:UK

Address

Via De Marini, 1, Torre WTC, Genoa, ITA, 16149

Website

https://www.erg.eu

ERG SPA produces electricity from clean, renewable, and sustainable sources. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew that focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Natural gas production contributes the most revenue for ERG, and is churned out from a cogeneration plant that produces electricity and steam. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.

ERG SPA (MIL:ERG) Headlines

No Headlines