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Pattern Energy Group (Pattern Energy Group) Gross Profit : $32.0 Mil (TTM As of Dec. 2019)


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What is Pattern Energy Group Gross Profit?

Pattern Energy Group's gross profit for the three months ended in Dec. 2019 was $12.0 Mil. Pattern Energy Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2019 was $32.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pattern Energy Group's gross profit for the three months ended in Dec. 2019 was $12.0 Mil. Pattern Energy Group's Revenue for the three months ended in Dec. 2019 was $147.0 Mil. Therefore, Pattern Energy Group's Gross Margin % for the quarter that ended in Dec. 2019 was 8.16%.

Pattern Energy Group had a gross margin of 8.16% for the quarter that ended in Dec. 2019 => No sustainable competitive advantage


Pattern Energy Group Gross Profit Historical Data

The historical data trend for Pattern Energy 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.

Pattern Energy Group Gross Profit Chart

Pattern Energy Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Profit
Get a 7-Day Free Trial Premium Member Only 71.84 50.00 63.00 64.00 32.00

Pattern Energy Group Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -14.00 6.00 17.00 -3.00 12.00

Competitive Comparison of Pattern Energy Group's Gross Profit

For the Utilities - Renewable subindustry, Pattern Energy 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.


Pattern Energy Group's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

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

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



Pattern Energy Group Gross Profit Calculation

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

Pattern Energy Group's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Gross Profit (A: Dec. 2019 )=Revenue - Cost of Goods Sold
=541 - 509
=32.0

Pattern Energy Group's Gross Profit for the quarter that ended in Dec. 2019 is calculated as

Gross Profit (Q: Dec. 2019 )=Revenue - Cost of Goods Sold
=147 - 135
=12.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.0 Mil.

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

Pattern Energy Group's Gross Margin % for the quarter that ended in Dec. 2019 is calculated as

Gross Margin % (Q: Dec. 2019 )=Gross Profit (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=12.0 / 147
=8.16 %

* 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.


Pattern Energy Group  (NAS:PEGI) 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

Pattern Energy Group had a gross margin of 8.16% for the quarter that ended in Dec. 2019 => No sustainable competitive advantage


Pattern Energy Group Gross Profit Related Terms

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Pattern Energy Group (Pattern Energy Group) Business Description

Traded in Other Exchanges
N/A
Address
1088 Sansome Street, San Francisco, CA, USA, 94111
Pattern Energy Group Inc is an independent power company that owns and operates power projects. The company owns a portfolio of wind power projects located in the U.S., Canada, and Chile. Pattern Energy Group's revenue is primarily generated from the sale of electricity to local utilities under long-term, fixed-price agreements. Most of the company's energy generating facilities are located in the U.S. These American sites are also responsible for the vast majority of its revenue. Pattern Energy Group has made efforts to expand its capacity through projects utilizing alternative forms of renewable energy in Japan and Mexico.
Executives
Alan R Batkin director 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Browne Lord Of Madingley director C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Richard Goodman director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Patricia S. Bellinger director 712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
R/c Renewable Energy Gp Ii, L.l.c. 10 percent owner 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Michael B Hoffman director 1 GREENWICH OFFICE PARK, GREENWICH CT 06831

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