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SCANA (SCG) Gross Margin % : 37.80% (As of Sep. 2018)


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What is SCANA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SCANA's Gross Profit for the three months ended in Sep. 2018 was $350 Mil. SCANA's Revenue for the three months ended in Sep. 2018 was $926 Mil. Therefore, SCANA's Gross Margin % for the quarter that ended in Sep. 2018 was 37.80%.


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


SCG's Gross Margin % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 28.6
* Ranked among companies with meaningful Gross Margin % only.

SCANA had a gross margin of 37.80% for the quarter that ended in Sep. 2018 => Competition eroding margins

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


SCANA Gross Margin % Historical Data

The historical data trend for SCANA'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.

SCANA Gross Margin % Chart

SCANA Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.55 32.72 38.04 42.06 41.75

SCANA Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 46.00 39.03 30.68 32.38 37.80

Competitive Comparison of SCANA's Gross Margin %

For the Utilities - Regulated Electric subindustry, SCANA'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.


SCANA's Gross Margin % Distribution in the Utilities - Regulated Industry

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

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



SCANA Gross Margin % Calculation

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

SCANA's Gross Margin for the fiscal year that ended in Dec. 2017 is calculated as

Gross Margin % (A: Dec. 2017 )=Gross Profit (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=1840 / 4407
=(Revenue - Cost of Goods Sold) / Revenue
=(4407 - 2567) / 4407
=41.75 %

SCANA's Gross Margin for the quarter that ended in Sep. 2018 is calculated as


Gross Margin % (Q: Sep. 2018 )=Gross Profit (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=350 / 926
=(Revenue - Cost of Goods Sold) / Revenue
=(926 - 576) / 926
=37.80 %

* 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.


SCANA  (NYSE:SCG) 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

SCANA had a gross margin of 37.80% for the quarter that ended in Sep. 2018 => 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.


SCANA Gross Margin % Related Terms

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


SCANA (SCG) Business Description

Traded in Other Exchanges
N/A
Address
Scana is a holding company engaged primarily in generating, transmitting, and distributing electricity in South Carolina. It also distributes and sells natural gas in portions of North Carolina and South Carolina. Its two utilities serve more than 1 million customers. Through a wholly owned subsidiary, Scana markets natural gas to approximately 450,000 retail customers in Georgia.
Executives
James A Bennett director FIRST CITIZENS BANK, 1230 MAIN STREET, 9TH FLOOR, COLUMBIA SC 20201
D Maybank Hagood director WILLIAM M. BIRD AND CO., INC., P.O. BOX 20040, CHARLESTON SC 29413
John E. Bachman director 77 EXETER STREET, 1809, BOSTON MA 02116
James W Roquemore director C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Sharon A Decker director 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Gregory E Aliff director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Alfredo Trujillo director
James M Micali director C/O SONOCO PRODUCTS COMPANY, 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Sharon K Jenkins officer: Senior VP - Marketing