GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kenon Holdings Ltd (NYSE:KEN) » Definitions » Gross Profit

Kenon Holdings (Kenon Holdings) Gross Profit : $119.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Kenon Holdings Gross Profit?

Kenon Holdings's gross profit for the three months ended in Dec. 2023 was $17.5 Mil. Kenon Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $119.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kenon Holdings's gross profit for the three months ended in Dec. 2023 was $17.5 Mil. Kenon Holdings's Revenue for the three months ended in Dec. 2023 was $150.8 Mil. Therefore, Kenon Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 11.58%.

Kenon Holdings had a gross margin of 11.58% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Kenon Holdings was 23.11%. The lowest was 14.15%. And the median was 18.58%.

Warning Sign:

Kenon Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


Kenon Holdings Gross Profit Historical Data

The historical data trend for Kenon Holdings'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.

Kenon Holdings Gross Profit Chart

Kenon Holdings 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 86.30 71.25 98.35 99.84 119.46

Kenon Holdings 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 22.84 30.00 19.00 53.00 17.46

Competitive Comparison of Kenon Holdings's Gross Profit

For the Utilities - Independent Power Producers subindustry, Kenon Holdings'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.


Kenon Holdings's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kenon Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kenon Holdings's Gross Profit falls into.



Kenon Holdings Gross Profit Calculation

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

Kenon Holdings'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
=691.796 - 572.337
=119.5

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=150.796 - 133.337
=17.5

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 $119.5 Mil.

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

Kenon Holdings'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
=17.5 / 150.796
=11.58 %

* 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.


Kenon Holdings  (NYSE:KEN) 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

Kenon Holdings had a gross margin of 11.58% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Kenon Holdings Gross Profit Related Terms

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


Kenon Holdings (Kenon Holdings) Business Description

Traded in Other Exchanges
Address
1 Temasek Avenue, No. 37-02B, Millenia Tower, Singapore, SGP, 039192
Kenon Holdings Ltd is a holding company that operates dynamic, growth-oriented, businesses. The company's operating segments include OPC; CPV Group; Quantum and ZIM. It generates maximum revenue from the OPC segment. OPC operates in the Israeli electricity generation sector, including the initiation, development, construction, and operation of power plants and the sale and supply of electricity. Geographically, it derives a majority of revenue from Israel.