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TransMontaigne Partners LP (TransMontaigne Partners LP) Gross Margin % : 65.16% (As of Sep. 2018)


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What is TransMontaigne Partners LP Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TransMontaigne Partners LP's Gross Profit for the three months ended in Sep. 2018 was $37.2 Mil. TransMontaigne Partners LP's Revenue for the three months ended in Sep. 2018 was $57.2 Mil. Therefore, TransMontaigne Partners LP's Gross Margin % for the quarter that ended in Sep. 2018 was 65.16%.


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


TLP's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 27.87
* Ranked among companies with meaningful Gross Margin % only.

TransMontaigne Partners LP had a gross margin of 65.16% for the quarter that ended in Sep. 2018 => Durable competitive advantage

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


TransMontaigne Partners LP Gross Margin % Historical Data

The historical data trend for TransMontaigne Partners LP'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.

TransMontaigne Partners LP Gross Margin % Chart

TransMontaigne Partners LP 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 56.33 55.90 58.01 58.52 63.06

TransMontaigne Partners LP 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 61.01 63.27 64.31 65.17 65.16

Competitive Comparison of TransMontaigne Partners LP's Gross Margin %

For the Oil & Gas Midstream subindustry, TransMontaigne Partners LP'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.


TransMontaigne Partners LP's Gross Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where TransMontaigne Partners LP's Gross Margin % falls into.



TransMontaigne Partners LP Gross Margin % Calculation

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

TransMontaigne Partners LP'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 )
=115.6 / 183.272
=(Revenue - Cost of Goods Sold) / Revenue
=(183.272 - 67.7) / 183.272
=63.06 %

TransMontaigne Partners LP'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 )
=37.2 / 57.15
=(Revenue - Cost of Goods Sold) / Revenue
=(57.15 - 19.91) / 57.15
=65.16 %

* 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.


TransMontaigne Partners LP  (NYSE:TLP) 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

TransMontaigne Partners LP had a gross margin of 65.16% for the quarter that ended in Sep. 2018 => 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.


TransMontaigne Partners LP Gross Margin % Related Terms

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


TransMontaigne Partners LP (TransMontaigne Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
TransMontaigne Partners LP is an oil pipeline and terminal company. It provides terminaling, storage, transportation and related services for customers engaged in the distribution and marketing of light refined petroleum products, heavy refined petroleum products, crude oil, chemicals, fertilizers and other liquid products. The company offers storing and distribution of products received from the pipeline, ship, barge or railcar making delivery and transfers it to terminals. It operates through four geographic segments Gulf Coast terminals, Midwest terminals, and pipeline system, Brownsville terminals, River terminals and Southeast terminals.
Executives
Barry Edward Welch director 200 CLARENDON STREET BOSTON MA 02116
Jay A Wiese director ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Michael A Hammell officer: Executive VP/Gen Counsel & SEC TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Steven A Blank director C/O TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Daniel R Revers director, 10 percent owner C/O ARCLIGHT CAPITAL PARTNERS, LLC, 200 CLARENDON ST., 55TH FLOOR, BOSTON MA 02117
Ngl Energy Holdings Llc 10 percent owner 6120 S. YALE, SUITE 805, TULSA OK 74136
Charles L Dunlap officer: Chief Executive Officer PASADENA REFINING SYSTEM INC., 111 RED BLUFF ROAD, PASADENA TX 77506
Stanley Morgan director, 10 percent owner, other: See Note (1) 1585 BROADWAY, NEW YORK NY 10036
Atanas H Atanasov director C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136
David C Kehoe director 6120 S. YALE AVE., SUITE 805, TULSA OK 74136
Jerry R Masters director 1670 BROADWAY, SUITE 3100, DENVER CO 80202
David A Peters director 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Cushing Mlp Opportunity Fund I, Lp 10 percent owner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Duke R Ligon director 2800 WEST COUNTRY CLUB DRIVE, SUITE E, OKLAHOMA CITY OK 73116
Randall J Larson officer: CEO