Gazprom PJSC (Gazprom PJSC) Gross Margin % : 88.84% (As of Jun. 2023)

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What is Gazprom PJSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gazprom PJSC's Gross Profit for the three months ended in Jun. 2023 was $19,824 Mil. Gazprom PJSC's Revenue for the three months ended in Jun. 2023 was $22,314 Mil. Therefore, Gazprom PJSC's Gross Margin % for the quarter that ended in Jun. 2023 was 88.84%.

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

OGZPY' s Gross Margin % Range Over the Past 10 Years
Min: 52.21 Med: 58.55 Max: 88.84
Current: 88.84

During the past 13 years, the highest Gross Margin % of Gazprom PJSC was 88.84%. The lowest was 52.21%. And the median was 58.55%.

OGZPY's Gross Margin % is ranked better than
96.86% of 925 companies
in the Oil & Gas industry
Industry Median: 27.82 vs OGZPY: 88.84

Gazprom PJSC had a gross margin of 88.84% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gazprom PJSC was 3.50% per year.

Gazprom PJSC Gross Margin % Historical Data

The historical data trend for Gazprom PJSC'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.

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Gazprom PJSC Gross Margin % Chart

Gazprom PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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59.25

56.79

52.21

61.94

70.44

Gazprom PJSC Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial															61.26	65.36	90.17	-	88.84

Competitive Comparison of Gazprom PJSC's Gross Margin %

For the Oil & Gas Integrated subindustry, Gazprom PJSC'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.

Gazprom PJSC's Gross Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gazprom PJSC's Gross Margin % falls into.

Gazprom PJSC Gross Margin % Calculation

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

Gazprom PJSC's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	134370	/	190750.814
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(190750.814 - 56380.8)	/	190750.814
	=	70.44 %

Gazprom PJSC's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	19823.6	/	22313.755
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(22313.755 - 2490.136)	/	22313.755
	=	88.84 %

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.

Gazprom PJSC (OTCPK:OGZPY) 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

Gazprom PJSC had a gross margin of 88.84% for the quarter that ended in Jun. 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.

Gazprom PJSC Gross Margin % Related Terms

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Gazprom PJSC (Gazprom PJSC) Business Description

Industry

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GAZP:Russia

Address

St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229

Website

https://www.gazprom.com

Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.