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BW Energy (OSL:BWE) Gross Margin % : 79.15% (As of Jun. 2024)


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What is BW Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BW Energy's Gross Profit for the six months ended in Jun. 2024 was kr2,909 Mil. BW Energy's Revenue for the six months ended in Jun. 2024 was kr3,675 Mil. Therefore, BW Energy's Gross Margin % for the quarter that ended in Jun. 2024 was 79.15%.


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

OSL:BWE' s Gross Margin % Range Over the Past 10 Years
Min: 55.77   Med: 77.74   Max: 80.39
Current: 79.68


During the past 8 years, the highest Gross Margin % of BW Energy was 80.39%. The lowest was 55.77%. And the median was 77.74%.

OSL:BWE's Gross Margin % is ranked better than
94.69% of 904 companies
in the Oil & Gas industry
Industry Median: 27.535 vs OSL:BWE: 79.68

BW Energy had a gross margin of 79.15% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BW Energy was 1.60% per year.


BW Energy Gross Margin % Historical Data

The historical data trend for BW 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.

BW Energy Gross Margin % Chart

BW Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 73.55 55.77 77.13 78.35 80.39

BW Energy Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 77.11 79.34 80.68 80.24 79.15

Competitive Comparison of BW Energy's Gross Margin %

For the Oil & Gas E&P subindustry, BW 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.


BW Energy's Gross Margin % Distribution in the Oil & Gas Industry

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

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



BW Energy Gross Margin % Calculation

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

BW 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 )
=4302 / 5351.711
=(Revenue - Cost of Goods Sold) / Revenue
=(5351.711 - 1049.666) / 5351.711
=80.39 %

BW Energy's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=2908.6 / 3675.051
=(Revenue - Cost of Goods Sold) / Revenue
=(3675.051 - 766.431) / 3675.051
=79.15 %

* 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.


BW Energy  (OSL:BWE) 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

BW Energy had a gross margin of 79.15% for the quarter that ended in Jun. 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.


BW Energy Gross Margin % Related Terms

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BW Energy Business Description

Traded in Other Exchanges
Address
22 Church Street, Washington Mall Phase 2, 4th Floor, Suite 400, Hamilton, BMU, HM 1189
BW Energy Ltd is an oil and gas company engaged in the acquisition, development, and production of oil and natural gas fields. The company has hydrocarbon licenses in Gabon, Brazil, and Namibia. The company generates its revenue from the production and sale of crude oil.

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