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Gibson Energy (Gibson Energy) Gross Margin % : 4.62% (As of Dec. 2023)


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What is Gibson Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gibson Energy's Gross Profit for the three months ended in Dec. 2023 was $97 Mil. Gibson Energy's Revenue for the three months ended in Dec. 2023 was $2,094 Mil. Therefore, Gibson Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 4.62%.

Warning Sign:

Gibson Energy Inc gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


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

GBNXF' s Gross Margin % Range Over the Past 10 Years
Min: 0.54   Med: 3.86   Max: 6.2
Current: 4.39


During the past 13 years, the highest Gross Margin % of Gibson Energy was 6.20%. The lowest was 0.54%. And the median was 3.86%.

GBNXF's Gross Margin % is ranked worse than
88.77% of 926 companies
in the Oil & Gas industry
Industry Median: 27.875 vs GBNXF: 4.39

Gibson Energy had a gross margin of 4.62% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gibson Energy was -3.30% per year.


Gibson Energy Gross Margin % Historical Data

The historical data trend for Gibson 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.

Gibson Energy Gross Margin % Chart

Gibson Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.55 6.20 4.14 3.57 4.39

Gibson Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.57 6.16 3.63 3.50 4.62

Competitive Comparison of Gibson Energy's Gross Margin %

For the Oil & Gas Midstream subindustry, Gibson 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.


Gibson Energy's Gross Margin % Distribution in the Oil & Gas Industry

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

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



Gibson Energy Gross Margin % Calculation

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

Gibson 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 )
=360.3 / 8210.118
=(Revenue - Cost of Goods Sold) / Revenue
=(8210.118 - 7849.856) / 8210.118
=4.39 %

Gibson 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 )
=96.8 / 2094.166
=(Revenue - Cost of Goods Sold) / Revenue
=(2094.166 - 1997.355) / 2094.166
=4.62 %

* 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.


Gibson Energy  (OTCPK:GBNXF) 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

Gibson Energy had a gross margin of 4.62% for the quarter that ended in Dec. 2023 => No sustainable 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.


Gibson Energy Gross Margin % Related Terms

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


Gibson Energy (Gibson Energy) Business Description

Traded in Other Exchanges
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.