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Westshore Terminals Investment (TSX:WTE) Gross Profit : C$159.2 Mil (TTM As of Mar. 2024)


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What is Westshore Terminals Investment Gross Profit?

Westshore Terminals Investment's gross profit for the three months ended in Mar. 2024 was C$30.1 Mil. Westshore Terminals Investment's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$159.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Westshore Terminals Investment's gross profit for the three months ended in Mar. 2024 was C$30.1 Mil. Westshore Terminals Investment's Revenue for the three months ended in Mar. 2024 was C$84.8 Mil. Therefore, Westshore Terminals Investment's Gross Margin % for the quarter that ended in Mar. 2024 was 35.48%.

Westshore Terminals Investment had a gross margin of 35.48% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Westshore Terminals Investment was 60.76%. The lowest was 38.41%. And the median was 54.68%.

Warning Sign:

Westshore Terminals Investment Corp gross margin has been in long-term decline. The average rate of decline per year is -5.4%.


Westshore Terminals Investment Gross Profit Historical Data

The historical data trend for Westshore Terminals Investment'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.

Westshore Terminals Investment Gross Profit Chart

Westshore Terminals Investment 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 218.71 200.57 172.32 114.05 179.63

Westshore Terminals Investment 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 50.52 44.23 50.44 34.44 30.07

Competitive Comparison of Westshore Terminals Investment's Gross Profit

For the Marine Shipping subindustry, Westshore Terminals Investment'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.


Westshore Terminals Investment's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westshore Terminals Investment's Gross Profit distribution charts can be found below:

* The bar in red indicates where Westshore Terminals Investment's Gross Profit falls into.



Westshore Terminals Investment Gross Profit Calculation

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

Westshore Terminals Investment'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
=380.995 - 201.368
=179.6

Westshore Terminals Investment's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=84.758 - 54.685
=30.1

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 C$159.2 Mil.

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

Westshore Terminals Investment'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
=30.1 / 84.758
=35.48 %

* 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.


Westshore Terminals Investment  (TSX:WTE) 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

Westshore Terminals Investment had a gross margin of 35.48% for the quarter that ended in Mar. 2024 => Competition eroding margins


Westshore Terminals Investment Gross Profit Related Terms

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Westshore Terminals Investment (TSX:WTE) Business Description

Traded in Other Exchanges
Address
1067 West Cordova Street, Suite 1800, Vancouver, BC, CAN, V6C 1C7
Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship. It is then shipped to multiple countries across the world, with the majority headed to Japan, Korea and China.
Executives
James A. Pattison 10% Security Holder

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