The historical rank and industry rank for Coterra Energy's Gross Margin % or its related term are showing as below:
CTRA'
s Gross Margin % Range Over the Past 10 Years
Min: 1.52 Med: 41.49 Max: 66.3
Current: 36.55
During the past 13 years, the highestGross Margin % of Coterra Energy was 66.30%. The lowest was 1.52%. And the median was 41.49%.
CTRA's Gross Margin % is ranked better than 61.96% of 899
companies
in the Oil & Gas industry
Industry Median: 28.51
vs CTRA: 36.55
Coterra Energy had a gross margin of 35.56% for the quarter that ended in Dec. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Coterra Energy was 0.30% per year.
Coterra Energy Gross Margin % Historical Data
The historical data trend for Coterra Energy'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.
Competitive Comparison of Coterra Energy's Gross Margin %
For the Oil & Gas E&P subindustry, Coterra Energy'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.
Coterra Energy's Gross Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Coterra Energy's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Coterra Energy's Gross Margin % falls into.
* 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.
Coterra Energy (NYSE:CTRA) 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
Coterra Energy had a gross margin of 35.56% 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.
Coterra Energy Gross Margin % Related Terms
Thank you for viewing the detailed overview of Coterra Energy's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids (NGLs). Its operations are mainly concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable development programs, and include the Permian Basin located in Texas and New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin located in the mid-continent region in Oklahoma. The company operates in one segment, oil and natural gas development, exploration, and production, in the continental U.S.
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