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Centerra Gold (FRA:GOU) Gross Profit : €332 Mil (TTM As of Mar. 2024)


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What is Centerra Gold Gross Profit?

Centerra Gold's gross profit for the three months ended in Mar. 2024 was €91 Mil. Centerra Gold's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €332 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Centerra Gold's gross profit for the three months ended in Mar. 2024 was €91 Mil. Centerra Gold's Revenue for the three months ended in Mar. 2024 was €281 Mil. Therefore, Centerra Gold's Gross Margin % for the quarter that ended in Mar. 2024 was 32.27%.

Centerra Gold had a gross margin of 32.27% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Centerra Gold was 45.64%. The lowest was 21.00%. And the median was 32.58%.

Warning Sign:

Centerra Gold Inc gross margin has been in long-term decline. The average rate of decline per year is -6.7%.


Centerra Gold Gross Profit Historical Data

The historical data trend for Centerra Gold'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.

Centerra Gold Gross Profit Chart

Centerra Gold 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 405.08 177.13 258.39 168.52 242.09

Centerra Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.48 7.07 107.34 126.61 90.80

Competitive Comparison of Centerra Gold's Gross Profit

For the Gold subindustry, Centerra Gold'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.


Centerra Gold's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Centerra Gold's Gross Profit distribution charts can be found below:

* The bar in red indicates where Centerra Gold's Gross Profit falls into.



Centerra Gold Gross Profit Calculation

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

Centerra Gold'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
=1004.021 - 761.928
=242

Centerra Gold's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=281.409 - 190.605
=91

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €332 Mil.

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

Centerra Gold's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=91 / 281.409
=32.27 %

* 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.


Centerra Gold  (FRA:GOU) 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

Centerra Gold had a gross margin of 32.27% for the quarter that ended in Mar. 2024 => Competition eroding margins


Centerra Gold Gross Profit Related Terms

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Centerra Gold (FRA:GOU) Business Description

Traded in Other Exchanges
Address
1 University Avenue, Suite 1500, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

Centerra Gold (FRA:GOU) Headlines

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