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Brookfield Renewable Partners LP (TSX:BEP.PR.O.PFD) Gross Profit : C$4,188.21 Mil (TTM As of Dec. 2023)


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What is Brookfield Renewable Partners LP Gross Profit?

Brookfield Renewable Partners LP's gross profit for the three months ended in Dec. 2023 was C$955.22 Mil. Brookfield Renewable Partners LP's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was C$4,188.21 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Brookfield Renewable Partners LP's gross profit for the three months ended in Dec. 2023 was C$955.22 Mil. Brookfield Renewable Partners LP's Revenue for the three months ended in Dec. 2023 was C$1,774.94 Mil. Therefore, Brookfield Renewable Partners LP's Gross Margin % for the quarter that ended in Dec. 2023 was 53.82%.

Brookfield Renewable Partners LP had a gross margin of 53.82% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Brookfield Renewable Partners LP was 69.56%. The lowest was 57.67%. And the median was 66.52%.


Brookfield Renewable Partners LP Gross Profit Historical Data

The historical data trend for Brookfield Renewable 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.

Brookfield Renewable Partners LP Gross Profit Chart

Brookfield Renewable Partners LP 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 3,566.17 3,248.36 3,495.68 4,451.80 4,165.67

Brookfield Renewable Partners LP 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 1,116.69 1,272.52 1,036.31 924.17 955.22

Competitive Comparison of Brookfield Renewable Partners LP's Gross Profit

For the Utilities - Renewable subindustry, Brookfield Renewable 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.


Brookfield Renewable Partners LP's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Partners LP's Gross Profit distribution charts can be found below:

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



Brookfield Renewable Partners LP Gross Profit Calculation

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

Brookfield Renewable Partners LP'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
=6758.981 - 2593.313
=4,165.67

Brookfield Renewable Partners LP's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1774.937 - 819.718
=955.22

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 C$4,188.21 Mil.

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

Brookfield Renewable Partners LP'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
=955.22 / 1774.937
=53.82 %

* 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.


Brookfield Renewable Partners LP  (TSX:BEP.PR.O.PFD) 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

Brookfield Renewable Partners LP had a gross margin of 53.82% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Brookfield Renewable Partners LP Gross Profit Related Terms

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Brookfield Renewable Partners LP (TSX:BEP.PR.O.PFD) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.

Brookfield Renewable Partners LP (TSX:BEP.PR.O.PFD) Headlines

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