Excelerate Energy (Excelerate Energy) Gross Margin %

: 37.13% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Excelerate Energy's Gross Profit for the three months ended in Dec. 2023 was $89 Mil. Excelerate Energy's Revenue for the three months ended in Dec. 2023 was $240 Mil. Therefore, Excelerate Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 37.13%.

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

EE' s Gross Margin % Range Over the Past 10 Years
Min: 14.44 Med: 35.58 Max: 65.07
Current: 35.58

During the past 5 years, the highest Gross Margin % of Excelerate Energy was 65.07%. The lowest was 14.44%. And the median was 35.58%.

EE's Gross Margin % is ranked better than
59.52% of 924 companies
in the Oil & Gas industry
Industry Median: 27.905 vs EE: 35.58

Excelerate Energy had a gross margin of 37.13% for the quarter that ended in Dec. 2023 => Competition eroding margins

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

Excelerate Energy Gross Margin % Historical Data

The historical data trend for Excelerate Energy'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.

Array ( [0] => 57.25 [1] => 65.07 [2] => 34.36 [3] => 14.44 [4] => 35.58 )

Excelerate Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

57.25

65.07

34.36

14.44

35.58

Excelerate Energy Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %											23.03	46.00	24.52	43.62	37.13

Competitive Comparison

For the Oil & Gas Midstream subindustry, Excelerate Energy'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.

Excelerate Energy Gross Margin % Distribution

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

* The bar in red indicates where Excelerate Energy's Gross Margin % falls into.

Excelerate Energy Gross Margin % Calculation

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

Excelerate Energy'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 )
	=	412.4	/	1158.963
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1158.963 - 746.559)	/	1158.963
	=	35.58 %

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

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	89.1	/	240.064
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(240.064 - 150.926)	/	240.064
	=	37.13 %

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.

Excelerate Energy (NYSE:EE) 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

Excelerate Energy had a gross margin of 37.13% for the quarter that ended in Dec. 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.

Excelerate Energy Gross Margin % Related Terms

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Excelerate Energy (Excelerate Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Excelerate Energy Inc (NYSE:EE) » Definitions » Gross Margin %

Comparable Companies

OSG GPP BROG NGL SMLP BPT MMLP CWPE DLNG TNP TSX:ENB EPD WMB ET LNG OKE KMI MPLX TSX:TRP CQP

Traded in Other Exchanges

N/A

Address

2445 Technology Forest Boulevard, Level 6, The Woodlands, TX, USA, 77381

Website

https://www.excelerateenergy.com

Excelerate Energy Inc is engaged in flexible LNG solutions, providing integrated services along the LNG value chain. The company offers a full range of flexible regasification services from FSRUs to infrastructure development, to LNG and natural gas supply.

Executives

David A. Liner	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD, THE WOODLANDS TX 77381
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Daniel H Bustos	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Michael Anthony Bent	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Excelerate Energy Holdings, Llc	10 percent owner	6733 S. YALE AVE., TULSA OK 74136
Excelerate Holdings, Llc	10 percent owner	6733 S. YALE AVE., TULSA OK 74136
Hood Alisa Newman	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Steven M Kobos	director, officer: President and CEO	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Henry G Kleemeier	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Paul T Hanrahan	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Calvin A Bancroft	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Dana A Armstrong	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Robert Waldo	director	6733 S. YALE AVE., TULSA, OK 74136
Amy Thompson Broussard	officer: See Remarks	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Don P. Millican	director	6733 S. YALE AVE., TULSA OK 74136