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AmeriGas Partners LP (AmeriGas Partners LP) Gross Profit : $1,451 Mil (TTM As of Jun. 2019)


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What is AmeriGas Partners LP Gross Profit?

AmeriGas Partners LP's gross profit for the three months ended in Jun. 2019 was $265 Mil. AmeriGas Partners LP's gross profit for the trailing twelve months (TTM) ended in Jun. 2019 was $1,451 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. AmeriGas Partners LP's gross profit for the three months ended in Jun. 2019 was $265 Mil. AmeriGas Partners LP's Revenue for the three months ended in Jun. 2019 was $479 Mil. Therefore, AmeriGas Partners LP's Gross Margin % for the quarter that ended in Jun. 2019 was 55.35%.

AmeriGas Partners LP had a gross margin of 55.35% for the quarter that ended in Jun. 2019 => Durable competitive advantage


AmeriGas Partners LP Gross Profit Historical Data

The historical data trend for AmeriGas Partners LP'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.

AmeriGas Partners LP Gross Profit Chart

AmeriGas Partners LP Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,596.36 1,497.52 1,513.12 1,481.62 1,520.79

AmeriGas Partners LP Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 304.26 269.17 363.21 553.51 264.97

Competitive Comparison of AmeriGas Partners LP's Gross Profit

For the Utilities - Regulated Gas subindustry, AmeriGas Partners LP'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.


AmeriGas Partners LP's Gross Profit Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where AmeriGas Partners LP's Gross Profit falls into.



AmeriGas Partners LP Gross Profit Calculation

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

AmeriGas Partners LP's Gross Profit for the fiscal year that ended in Sep. 2018 is calculated as

Gross Profit (A: Sep. 2018 )=Revenue - Cost of Goods Sold
=2822.978 - 1302.192
=1,521

AmeriGas Partners LP's Gross Profit for the quarter that ended in Jun. 2019 is calculated as

Gross Profit (Q: Jun. 2019 )=Revenue - Cost of Goods Sold
=478.734 - 213.764
=265

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,451 Mil.

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

AmeriGas Partners LP's Gross Margin % for the quarter that ended in Jun. 2019 is calculated as

Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=265 / 478.734
=55.35 %

* 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.


AmeriGas Partners LP  (NYSE:APU) 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

AmeriGas Partners LP had a gross margin of 55.35% for the quarter that ended in Jun. 2019 => Durable competitive advantage


AmeriGas Partners LP Gross Profit Related Terms

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AmeriGas Partners LP (AmeriGas Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
460 North Gulph Road, King of Prussia, PA, USA, 19406
AmeriGas Partners is the largest retail propane marketer in the United States. The company sells about 1.1 billion gallons of propane annually to 1.8 million customers across a diverse footprint in all 50 states. AmeriGas also sells, installs, and services propane appliances, including heating systems. Its general partner is AmeriGas Inc., a wholly owned subsidiary of UGI.
Executives
Ann P Kelly officer: VP Finance and CFO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Frank S Hermance director AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Marvin O Schlanger director C/O LYONDELLBASELL INDUSTRIES N.V., STATIONSPLEIN 45, ROTTERDAM P7 3013AK
John R. Hartmann director 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Anne Pol director
Hugh J. Gallagher officer: President & CEO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
K Rick Turner director 111 CENTER ST, STE 2500, LITTLE ROCK AR 72201
Brian R. Ford director 1 MILFORD WAY, MEDFORD NJ 08055
Pedro A Ramos director C/O FS INVESTMENT CORPORATION, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Roger Perreault officer: EVP, Global LPG of GP parent 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
John L Walsh director, officer: Chairman 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
William J Marrazzo director
Laurie Bergman officer: Controller & CAO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Thaddeus J Jastrzebski officer: Principal Financial Officer THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Jerry E Sheridan director, officer: President & CEO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406