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RWE AG (MIL:1RWE) Gross Profit : €8,087 Mil (TTM As of Dec. 2023)


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What is RWE AG Gross Profit?

RWE AG's gross profit for the three months ended in Dec. 2023 was €4,217 Mil. RWE AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €8,087 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RWE AG's gross profit for the three months ended in Dec. 2023 was €4,217 Mil. RWE AG's Revenue for the three months ended in Dec. 2023 was €7,609 Mil. Therefore, RWE AG's Gross Margin % for the quarter that ended in Dec. 2023 was 55.42%.

RWE AG had a gross margin of 55.42% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of RWE AG was 28.31%. The lowest was 17.56%. And the median was 25.55%.


RWE AG Gross Profit Historical Data

The historical data trend for RWE AG's Gross Profit 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.

RWE AG Gross Profit Chart

RWE AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,639.00 3,469.00 6,342.00 6,747.00 8,087.00

RWE AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 7,223.00 158.00 2,319.00 1,393.00 4,217.00

Competitive Comparison of RWE AG's Gross Profit

For the Utilities - Diversified subindustry, RWE AG's Gross Profit, along with its competitors' market caps and Gross Profit 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.


RWE AG's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, RWE AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where RWE AG's Gross Profit falls into.



RWE AG Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

RWE AG's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=28566 - 20479
=8,087

RWE AG's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=7609 - 3392
=4,217

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €8,087 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

RWE AG'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,217 / 7609
=55.42 %

* 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.


RWE AG  (MIL:1RWE) Gross Profit 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

RWE AG had a gross margin of 55.42% for the quarter that ended in Dec. 2023 => Durable competitive advantage


RWE AG Gross Profit Related Terms

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RWE AG (MIL:1RWE) Business Description

Address
RWE Platz 1, Essen, NW, DEU, 45141
Since the deal with E.On, RWE is refocused on power generation, mostly in Europe. It owns 38 gigawatts of power generation capacity: 28% from lignite and hard coal plants, 37% from gas plants, 40% from renewables including pumped storage and batteries. Besides Germany, RWE's power plants are chiefly located in the United Kingdom, the Netherlands, Turkey, and the United States for many onshore wind farms.

RWE AG (MIL:1RWE) Headlines

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