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Terna Energy (LTS:0OJX) Gross Margin % : 52.66% (As of Dec. 2023)


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What is Terna Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Terna Energy's Gross Profit for the six months ended in Dec. 2023 was €95.9 Mil. Terna Energy's Revenue for the six months ended in Dec. 2023 was €182.2 Mil. Therefore, Terna Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 52.66%.


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

LTS:0OJX' s Gross Margin % Range Over the Past 10 Years
Min: 31.4   Med: 41.8   Max: 51.08
Current: 44.4


During the past 13 years, the highest Gross Margin % of Terna Energy was 51.08%. The lowest was 31.40%. And the median was 41.80%.

LTS:0OJX's Gross Margin % is ranked better than
59.19% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.34 vs LTS:0OJX: 44.40

Terna Energy had a gross margin of 52.66% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Terna Energy was 4.30% per year.


Terna Energy Gross Margin % Historical Data

The historical data trend for Terna 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.

* Premium members only.

Terna Energy Gross Margin % Chart

Terna Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.08 47.04 51.08 48.76 48.51

Terna Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 60.93 51.73 45.49 43.33 52.66

Competitive Comparison of Terna Energy's Gross Margin %

For the Utilities - Renewable subindustry, Terna 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.


Terna Energy's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Terna Energy's Gross Margin % falls into.



Terna Energy Gross Margin % Calculation

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

Terna Energy's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=159 / 327.831
=(Revenue - Cost of Goods Sold) / Revenue
=(327.831 - 168.787) / 327.831
=48.51 %

Terna Energy'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 )
=95.9 / 182.191
=(Revenue - Cost of Goods Sold) / Revenue
=(182.191 - 86.256) / 182.191
=52.66 %

* 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 Energy  (LTS:0OJX) 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

Terna Energy had a gross margin of 52.66% for the quarter that ended in Dec. 2023 => 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.


Terna Energy Gross Margin % Related Terms

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Terna Energy (LTS:0OJX) Business Description

Traded in Other Exchanges
Address
85 Mesogeion Avenue, Athens, GRC, 115 26
Terna Energy SA is a Greece based company mainly engaged in the energy and construction sector. It operates through the following segments: The Construction segment refers to the development of wind farms and other units for electricity production from renewable energy sources; The Electricity from Renewable Sources of Energy segment mainly concerns the production of electricity through wind energy; The Concessions Segment concerns the construction and operation of infrastructure and public sector projects in exchange for the long-term operation of the above projects through the provision of services to the public. The majority is from the Electricity from Renewable Sources of Energy segment. Geographically, the key revenue is from Greece.

Terna Energy (LTS:0OJX) Headlines

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