Slavneft-Yaroslavneftorgsintez PJSC (MIC:JNOS) Gross Margin %: 46.29% (As of Sep. 2023)

Slavneft-Yaroslavneftorgsintez PJSC  (MIC:JNOS) 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

Slavneft-Yaroslavneftorgsintez PJSC had a gross margin of 46.29% for the quarter that ended in Sep. 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.

Slavneft-Yaroslavneftorgsintez PJSC Gross Margin % Related Terms

The historical data trend for Slavneft-Yaroslavneftorgsintez PJSC'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.

Slavneft-Yaroslavneftorgsintez PJSC Gross Margin % Chart

Slavneft-Yaroslavneftorgsintez PJSC Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Gross Margin %		Get a 7-Day Free Trial					31.45	36.67	36.52	31.38	31.04

Slavneft-Yaroslavneftorgsintez PJSC Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															15.42	37.94	35.65	0.00	46.29

MIC:JNOS vs MPC, PSX, VLO: Gross Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Slavneft-Yaroslavneftorgsintez PJSC'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.

Slavneft-Yaroslavneftorgsintez PJSC Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Slavneft-Yaroslavneftorgsintez PJSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Slavneft-Yaroslavneftorgsintez PJSC's Gross Margin % falls into.

Slavneft-Yaroslavneftorgsintez PJSC Gross Margin % Calculation

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

Slavneft-Yaroslavneftorgsintez PJSC's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Slavneft-Yaroslavneftorgsintez PJSC's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

* 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.

Slavneft-Yaroslavneftorgsintez PJSC Business Description