TPG Telecom (ASX:TPG) Gross Margin % : 55.01% (As of Dec. 2023)

TPG Telecom Gross Margin % Chart

TPG Telecom Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Dec20	Dec21	Dec22	Dec23
Gross Margin %		Get a 7-Day Free Trial					-	48.44	46.02	51.80	55.47

TPG Telecom Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															44.76	52.06	51.56	55.95	55.01

Competitive Comparison of TPG Telecom's Gross Margin %

For the Telecom Services subindustry, TPG Telecom'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.

TPG Telecom's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TPG Telecom's Gross Margin % distribution charts can be found below:

* The bar in red indicates where TPG Telecom's Gross Margin % falls into.

TPG Telecom Gross Margin % Calculation

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

TPG Telecom's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

TPG Telecom's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

* 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.

TPG Telecom  (ASX:TPG) 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

TPG Telecom had a gross margin of 55.01% for the quarter that ended in Dec. 2023 => Durable 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.

TPG Telecom Gross Margin % Related Terms

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TPG Telecom (ASX:TPG) Business Description