Era Group (Era Group) Gross Margin % : 15.85% (As of Mar. 2020)

View and export this data going back to 2013. Start your Free Trial

What is Era Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Era Group's Gross Profit for the three months ended in Mar. 2020 was $9.0 Mil. Era Group's Revenue for the three months ended in Mar. 2020 was $57.1 Mil. Therefore, Era Group's Gross Margin % for the quarter that ended in Mar. 2020 was 15.85%.

The historical rank and industry rank for Era Group's Gross Margin % or its related term are showing as below:

ERA's Gross Margin % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 27.82
* Ranked among companies with meaningful Gross Margin % only.

Era Group had a gross margin of 15.85% for the quarter that ended in Mar. 2020 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Era Group was 0.00% per year.

Era Group Gross Margin % Historical Data

The historical data trend for Era Group's Gross Margin % 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.

Era Group Gross Margin % Chart

Era Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Gross Margin %

Get a 7-Day Free Trial

22.36

11.35

7.84

13.81

14.99

Era Group Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Gross Margin %	Get a 7-Day Free Trial															10.03	12.87	17.10	19.10	15.85

Competitive Comparison of Era Group's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Era Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Era Group's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Era Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Era Group's Gross Margin % falls into.

Era Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Era Group's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )	=	Gross Profit (A: Dec. 2019 )	/	Revenue (A: Dec. 2019 )
	=	33.9	/	226.059
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(226.059 - 192.165)	/	226.059
	=	14.99 %

Era Group's Gross Margin for the quarter that ended in Mar. 2020 is calculated as

Gross Margin % (Q: Mar. 2020 )	=	Gross Profit (Q: Mar. 2020 )	/	Revenue (Q: Mar. 2020 )
	=	9	/	57.056
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(57.056 - 48.013)	/	57.056
	=	15.85 %

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.

Era Group (NYSE:ERA) Gross Margin % 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

Era Group had a gross margin of 15.85% for the quarter that ended in Mar. 2020 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Era Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Era Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Era Group (Era Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Era Group Inc (NYSE:ERA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

945 Bunker Hill Road, Suite 650, Houston, TX, USA, 77024

Website

https://www.eragroupinc.com

Era Group Inc provides helicopter transportation services primarily to the oil and gas exploration, development, and production companies. Its helicopter services include emergency response search and rescue; Alaska flightseeing tours; and other services, as well as utility services to support firefighting, mining, power line, and pipeline survey activities. The company also leases helicopters to third parties and foreign affiliates; engineers, manufactures, and distributes after-market helicopter parts and accessories; and provides classroom instruction, flight simulator, and other training services.