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Saratovenergo PJSC (MIC:SARE) Gross Margin % : 46.69% (As of Dec. 2023)


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What is Saratovenergo PJSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Saratovenergo PJSC's Gross Profit for the three months ended in Dec. 2023 was ₽3,265 Mil. Saratovenergo PJSC's Revenue for the three months ended in Dec. 2023 was ₽6,993 Mil. Therefore, Saratovenergo PJSC's Gross Margin % for the quarter that ended in Dec. 2023 was 46.69%.

Warning Sign:

Saratovenergo PJSC gross margin has been in long-term decline. The average rate of decline per year is -5.4%.


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

MIC:SARE' s Gross Margin % Range Over the Past 10 Years
Min: 42.9   Med: 53.89   Max: 69.34
Current: 46.69


During the past 13 years, the highest Gross Margin % of Saratovenergo PJSC was 69.34%. The lowest was 42.90%. And the median was 53.89%.

MIC:SARE's Gross Margin % is ranked better than
78% of 491 companies
in the Utilities - Regulated industry
Industry Median: 30.34 vs MIC:SARE: 46.69

Saratovenergo PJSC had a gross margin of 46.69% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Saratovenergo PJSC was -5.40% per year.


Saratovenergo PJSC Gross Margin % Historical Data

The historical data trend for Saratovenergo 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.

* Premium members only.

Saratovenergo PJSC Gross Margin % Chart

Saratovenergo PJSC 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 44.23 42.90 43.09 45.18 46.32

Saratovenergo PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Sep22 Dec22 Sep23 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 43.69 - 45.85 - 46.69

Competitive Comparison of Saratovenergo PJSC's Gross Margin %

For the Utilities - Regulated Electric subindustry, Saratovenergo 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.


Saratovenergo PJSC's Gross Margin % Distribution in the Utilities - Regulated Industry

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

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



Saratovenergo PJSC Gross Margin % Calculation

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

Saratovenergo PJSC'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 )
=12274.3 / 26496.228
=(Revenue - Cost of Goods Sold) / Revenue
=(26496.228 - 14221.962) / 26496.228
=46.32 %

Saratovenergo PJSC'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 )
=3264.9 / 6993.336
=(Revenue - Cost of Goods Sold) / Revenue
=(6993.336 - 3728.396) / 6993.336
=46.69 %

* 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.


Saratovenergo PJSC  (MIC:SARE) 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

Saratovenergo PJSC had a gross margin of 46.69% 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.


Saratovenergo PJSC Gross Margin % Related Terms

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


Saratovenergo PJSC Business Description

Traded in Other Exchanges
N/A
Address
Street them. Rakhova V.G., d. 181, Saratov, RUS, 410005
Saratovenergo PJSC is engaged in the production, transmission, distribution, and sale of electricity and thermal energy and related products.

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