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Portland General Electric Co (Portland General Electric Co) Gross Margin %

: 61.38% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Portland General Electric Co's Gross Profit for the three months ended in Dec. 2023 was $445 Mil. Portland General Electric Co's Revenue for the three months ended in Dec. 2023 was $725 Mil. Therefore, Portland General Electric Co's Gross Margin % for the quarter that ended in Dec. 2023 was 61.38%.

Warning Sign:

Portland General Electric Co gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


The historical rank and industry rank for Portland General Electric Co's Gross Margin % or its related term are showing as below:

POR' s Gross Margin % Range Over the Past 10 Years
Min: 59.29   Med: 66.34   Max: 71.32
Current: 59.29


During the past 13 years, the highest Gross Margin % of Portland General Electric Co was 71.32%. The lowest was 59.29%. And the median was 66.34%.

POR's Gross Margin % is ranked better than
88.27% of 503 companies
in the Utilities - Regulated industry
Industry Median: 28.6 vs POR: 59.29

Portland General Electric Co had a gross margin of 61.38% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Portland General Electric Co was -3.70% per year.


Portland General Electric Co Gross Margin % Historical Data

The historical data trend for Portland General Electric Co'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.

Portland General Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.08 66.99 65.69 62.67 59.29

Portland General Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 59.10 59.36 66.05 51.87 61.38

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Portland General Electric Co'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.


Portland General Electric Co Gross Margin % Distribution

For the Utilities - Regulated industry and Utilities sector, Portland General Electric Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Portland General Electric Co's Gross Margin % falls into.



Portland General Electric Co Gross Margin % Calculation

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

Portland General Electric Co'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 )
=1733 / 2923
=(Revenue - Cost of Goods Sold) / Revenue
=(2923 - 1190) / 2923
=59.29 %

Portland General Electric Co'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 )
=445 / 725
=(Revenue - Cost of Goods Sold) / Revenue
=(725 - 280) / 725
=61.38 %

* 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.


Portland General Electric Co  (NYSE:POR) 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

Portland General Electric Co had a gross margin of 61.38% 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.


Portland General Electric Co Gross Margin % Related Terms

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


Portland General Electric Co (Portland General Electric Co) Business Description

Traded in Other Exchanges
Address
121 South West Salmon Street, Portland, OR, USA, 97204
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 926,000 customers across a service territory that includes about half of all Oregon residents and two thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.3 gigawatts of gas, coal, wind, and hydro generation.
Executives
Anne Frances Mersereau officer: Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Marie Oh Huber director C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Michael A Lewis director 77 BEALE ST, P.O. BOX 770000, SAN FRANCISCO CA 94177
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Kathryn Jean Jackson director 121 SW SALMON STREET, PORTLAND OR 97204
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Dawn L Farrell director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898
James P Torgerson director C/O UIL HOLDINGS CORPORATION, 157 CHURCH STREET, NEW HAVEN CT 06510
Trpik Joseph R Jr officer: SVP, Finance CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
John Teeruk Kochavatr officer: Vice President, CIO 121 SW SALMON STREET, PORTLAND OR 97204
Benjamin Felton officer: EVP, COO 121 SW SALMON STREET, PORTLAND OR 97204
Brett Michael Sims officer: Vice President 121 SW SALMON ST., PORTLAND OR 97204
Larry Neal Bekkedahl officer: Sr. Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Maria Angelica Espinosa officer: V. P., General Counsel 121 SW SALMON ST., PORTLAND OR 97204
James A Ajello officer: Sr. VP, CFO, Treasurer C/O HEI, P.O. BOX 730, HONOLULU HI 96808