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Inter RAO UES PJSC (MIC:IRAO) Gross Margin % : 23.59% (As of Jun. 2023)


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What is Inter RAO UES PJSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Inter RAO UES PJSC's Gross Profit for the three months ended in Jun. 2023 was ₽71,041 Mil. Inter RAO UES PJSC's Revenue for the three months ended in Jun. 2023 was ₽301,209 Mil. Therefore, Inter RAO UES PJSC's Gross Margin % for the quarter that ended in Jun. 2023 was 23.59%.


The historical rank and industry rank for Inter RAO UES PJSC's Gross Margin % or its related term are showing as below:

MIC:IRAO' s Gross Margin % Range Over the Past 10 Years
Min: 15.31   Med: 20.37   Max: 24.12
Current: 23.59


During the past 13 years, the highest Gross Margin % of Inter RAO UES PJSC was 24.12%. The lowest was 15.31%. And the median was 20.37%.

MIC:IRAO's Gross Margin % is ranked worse than
59.76% of 502 companies
in the Utilities - Regulated industry
Industry Median: 29.185 vs MIC:IRAO: 23.59

Inter RAO UES PJSC had a gross margin of 23.59% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Inter RAO UES PJSC was 0.00% per year.


Inter RAO UES PJSC Gross Margin % Historical Data

The historical data trend for Inter RAO UES PJSC'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.

Inter RAO UES PJSC Gross Margin % Chart

Inter RAO UES PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.33 22.79 21.67 - 24.12

Inter RAO UES PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Dec22 Jun23 Dec23
Gross Margin % 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 23.66 24.24 - 23.59 -

Competitive Comparison of Inter RAO UES PJSC's Gross Margin %

For the Utilities - Regulated Electric subindustry, Inter RAO UES PJSC'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.


Inter RAO UES PJSC's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Inter RAO UES PJSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Inter RAO UES PJSC's Gross Margin % falls into.



Inter RAO UES PJSC Gross Margin % Calculation

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

Inter RAO UES PJSC's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=327986 / 1359799
=(Revenue - Cost of Goods Sold) / Revenue
=(1359799 - 1031813) / 1359799
=24.12 %

Inter RAO UES PJSC's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=71041 / 301209
=(Revenue - Cost of Goods Sold) / Revenue
=(301209 - 230168) / 301209
=23.59 %

* 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.


Inter RAO UES PJSC  (MIC:IRAO) 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

Inter RAO UES PJSC had a gross margin of 23.59% for the quarter that ended in Jun. 2023 => Competition eroding margins


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.


Inter RAO UES PJSC Gross Margin % Related Terms

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


Inter RAO UES PJSC (MIC:IRAO) Business Description

Traded in Other Exchanges
N/A
Address
Bolshaya Pirogovskaya Street, Building 27-2, Moscow, RUS, 119435
Inter RAO UES PJSC is a Russian energy holding company of which the Russian Federation owns a majority interest. The principal activity of the company is the ownership of interests in subsidiaries operating in the energy industry throughout Russia and much of Eastern Europe. Through its subsidiaries, Inter RAO UES is involved in the production, supply, distribution, sale, import, and export of electricity and thermal energy. The company segments itself into Supply, Electric Power Generation in the Russian Federation, Thermal Power Generation in the Russian Federation, Trading, Foreign Assets, and Engineering business units. The Supply division encompasses most of the company's income.

Inter RAO UES PJSC (MIC:IRAO) Headlines

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