APA Group (APA Group) Gross Profit : $1,946 Mil (TTM As of Dec. 2023)

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What is APA Group Gross Profit?

APA Group's gross profit for the six months ended in Dec. 2023 was $999 Mil. APA Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,946 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. APA Group's gross profit for the six months ended in Dec. 2023 was $999 Mil. APA Group's Revenue for the six months ended in Dec. 2023 was $999 Mil. Therefore, APA Group's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

APA Group had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

APA Group Gross Profit Historical Data

The historical data trend for APA Group'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.

APA Group Gross Profit Chart

APA Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Profit

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1,680.44

1,760.55

1,964.74

1,901.04

1,906.71

APA Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial															976.95	941.25	964.23	947.66	998.66

Competitive Comparison of APA Group's Gross Profit

For the Utilities - Regulated Gas subindustry, APA Group'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.

APA Group's Gross Profit Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where APA Group's Gross Profit falls into.

APA Group Gross Profit Calculation

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

APA Group's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1906.711	-	0
	=	1,907

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	998.661	-	0
	=	999

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,946 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

APA Group'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
	=	999	/	998.661
	=	N/A %

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.

APA Group (OTCPK:APAJF) 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

APA Group had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

APA Group Gross Profit Related Terms

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APA Group (APA Group) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PJZ:Germany APA:Australia

Address

580 George Street, Level 25, Sydney, NSW, AUS, 2000

Website

https://www.apa.com.au

APA Group is Australia's largest gas infrastructure company with an extensive portfolio of transmission pipelines, distribution networks, and storage facilities, and is increasingly investing in renewable energy generation, electricity transmission, and batteries. It is internally managed and has direct operational control over all assets. It owns minority stakes in a few smaller gas infrastructure companies and manages operations for most of these. The stapled securities comprise a unit in Australian Pipeline Trust and in APT Investment Trust.