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DOGEF (Orsted AS) Gross Margin % : 40.97% (As of Dec. 2024)


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What is Orsted AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Orsted AS's Gross Profit for the three months ended in Dec. 2024 was $1,017 Mil. Orsted AS's Revenue for the three months ended in Dec. 2024 was $2,483 Mil. Therefore, Orsted AS's Gross Margin % for the quarter that ended in Dec. 2024 was 40.97%.


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

DOGEF' s Gross Margin % Range Over the Past 10 Years
Min: 21.31   Med: 29.16   Max: 38.87
Current: 38.87


During the past 12 years, the highest Gross Margin % of Orsted AS was 38.87%. The lowest was 21.31%. And the median was 29.16%.

DOGEF's Gross Margin % is ranked better than
54.18% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.73 vs DOGEF: 38.87

Orsted AS had a gross margin of 40.97% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Orsted AS was 5.90% per year.


Orsted AS Gross Margin % Historical Data

The historical data trend for Orsted AS'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.

Orsted AS Gross Margin % Chart

Orsted AS 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 30.50 23.18 26.73 32.50 38.87

Orsted AS 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 45.19 39.52 36.34 37.70 40.97

Competitive Comparison of Orsted AS's Gross Margin %

For the Utilities - Renewable subindustry, Orsted AS'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.


Orsted AS's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orsted AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Orsted AS's Gross Margin % falls into.


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Orsted AS Gross Margin % Calculation

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

Orsted AS'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 )
=3211.1 / 8260.625
=(Revenue - Cost of Goods Sold) / Revenue
=(8260.625 - 5049.493) / 8260.625
=38.87 %

Orsted AS'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 )
=1017.1 / 2482.835
=(Revenue - Cost of Goods Sold) / Revenue
=(2482.835 - 1465.719) / 2482.835
=40.97 %

* 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.


Orsted AS  (OTCPK:DOGEF) 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

Orsted AS had a gross margin of 40.97% for the quarter that ended in Dec. 2024 => Durable competitive advantage


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.


Orsted AS Gross Margin % Related Terms

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


Orsted AS Business Description

Address
Kraftvaerksvej 53, Skaerbaek, Fredericia, DNK, DK-7000
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 9.9 gigawatts of offshore wind farms at the end of 2024. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the US. Orsted also operates 4.8 GW of onshore wind and solar assets concentrated in the United States. The company is involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.