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Irbid District Electricity (AMM:IREL) Gross Margin % : 20.09% (As of Dec. 2024)


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What is Irbid District Electricity Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Irbid District Electricity's Gross Profit for the three months ended in Dec. 2024 was JOD15.2 Mil. Irbid District Electricity's Revenue for the three months ended in Dec. 2024 was JOD75.5 Mil. Therefore, Irbid District Electricity's Gross Margin % for the quarter that ended in Dec. 2024 was 20.09%.


The historical rank and industry rank for Irbid District Electricity's Gross Margin % or its related term are showing as below:

AMM:IREL' s Gross Margin % Range Over the Past 10 Years
Min: 10.75   Med: 16.24   Max: 23.71
Current: 16.12


During the past 13 years, the highest Gross Margin % of Irbid District Electricity was 23.71%. The lowest was 10.75%. And the median was 16.24%.

AMM:IREL's Gross Margin % is ranked worse than
76.57% of 478 companies
in the Utilities - Regulated industry
Industry Median: 31.265 vs AMM:IREL: 16.12

Irbid District Electricity had a gross margin of 20.09% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Irbid District Electricity was 5.60% per year.


Irbid District Electricity Gross Margin % Historical Data

The historical data trend for Irbid District Electricity's Gross Margin % 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.

Irbid District Electricity Gross Margin % Chart

Irbid District Electricity Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.80 18.59 23.71 19.10 18.21

Irbid District Electricity Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % 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 11.09 14.42 17.83 20.05 20.09

Competitive Comparison of Irbid District Electricity's Gross Margin %

For the Utilities - Regulated Electric subindustry, Irbid District Electricity's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Irbid District Electricity's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Irbid District Electricity's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Irbid District Electricity's Gross Margin % falls into.


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Irbid District Electricity Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Irbid District Electricity's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=55.5 / 304.954
=(Revenue - Cost of Goods Sold) / Revenue
=(304.954 - 249.422) / 304.954
=18.21 %

Irbid District Electricity's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=15.2 / 75.522
=(Revenue - Cost of Goods Sold) / Revenue
=(75.522 - 60.347) / 75.522
=20.09 %

* 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.


Irbid District Electricity  (AMM:IREL) Gross Margin % 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

Irbid District Electricity had a gross margin of 20.09% for the quarter that ended in Dec. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Irbid District Electricity Gross Margin % Related Terms

Thank you for viewing the detailed overview of Irbid District Electricity's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Irbid District Electricity Business Description

Traded in Other Exchanges
N/A
Address
Ratib Al Batayneh Street, P.O. Box 46, Irbid Main Building, Irbid, JOR, 21110
Irbid District Electricity is engaged in the generation, transmission, and distribution of electric power in Jordan. The main activities of the company are to distribute electric power and to provide it to retail customers in the north of Jordan including Irbid, Mafraq, Jerash, and Ajloun.

Irbid District Electricity Headlines

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