GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Terna SpA (STU:UEI) » Definitions » Gross Profit

Terna SpA (STU:UEI) Gross Profit : €2,930 Mil (TTM As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Terna SpA Gross Profit?

Terna SpA's gross profit for the three months ended in Dec. 2023 was €980 Mil. Terna SpA's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €2,930 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Terna SpA's gross profit for the three months ended in Dec. 2023 was €980 Mil. Terna SpA's Revenue for the three months ended in Dec. 2023 was €940 Mil. Therefore, Terna SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 104.25%.

Terna SpA had a gross margin of 104.25% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Terna SpA was 91.59%. The lowest was 81.94%. And the median was 85.46%.


Terna SpA Gross Profit Historical Data

The historical data trend for Terna SpA'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.

Terna SpA Gross Profit Chart

Terna SpA 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 1,965.60 2,029.50 2,120.80 2,380.40 2,830.00

Terna SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 600.20 596.00 627.90 979.50 726.70

Competitive Comparison of Terna SpA's Gross Profit

For the Utilities - Regulated Electric subindustry, Terna SpA'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.


Terna SpA's Gross Profit Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Terna SpA's Gross Profit falls into.



Terna SpA Gross Profit Calculation

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

Terna SpA'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
=3186.7 - 356.7
=2,830

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=939.6 - -39.9
=980

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 €2,930 Mil.

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

Terna SpA'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
=980 / 939.6
=104.25 %

* 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.


Terna SpA  (STU:UEI) 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

Terna SpA had a gross margin of 104.25% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Terna SpA Gross Profit Related Terms

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


Terna SpA (STU:UEI) Business Description

Address
Viale Egidio Galbani, 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.

Terna SpA (STU:UEI) Headlines

No Headlines