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Talos Energy (STU:7T2) Gross Margin % : 14.03% (As of Sep. 2024)


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What is Talos Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Talos Energy's Gross Profit for the three months ended in Sep. 2024 was €64 Mil. Talos Energy's Revenue for the three months ended in Sep. 2024 was €459 Mil. Therefore, Talos Energy's Gross Margin % for the quarter that ended in Sep. 2024 was 14.03%.


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

STU:7T2' s Gross Margin % Range Over the Past 10 Years
Min: -24.98   Med: 27.59   Max: 56.04
Current: 20.29


During the past 9 years, the highest Gross Margin % of Talos Energy was 56.04%. The lowest was -24.98%. And the median was 27.59%.

STU:7T2's Gross Margin % is ranked worse than
59.62% of 904 companies
in the Oil & Gas industry
Industry Median: 27.535 vs STU:7T2: 20.29

Talos Energy had a gross margin of 14.03% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Talos Energy was 0.00% per year.


Talos Energy Gross Margin % Historical Data

The historical data trend for Talos 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.

Talos Energy Gross Margin % Chart

Talos Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 34.95 -6.26 45.12 56.04 27.59

Talos Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 30.18 25.38 18.27 24.09 14.03

Competitive Comparison of Talos Energy's Gross Margin %

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


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

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

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



Talos Energy Gross Margin % Calculation

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

Talos 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 )
=368.9 / 1336.881
=(Revenue - Cost of Goods Sold) / Revenue
=(1336.881 - 967.99) / 1336.881
=27.59 %

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


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=64.4 / 458.867
=(Revenue - Cost of Goods Sold) / Revenue
=(458.867 - 394.476) / 458.867
=14.03 %

* 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.


Talos Energy  (STU:7T2) 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

Talos Energy had a gross margin of 14.03% for the quarter that ended in Sep. 2024 => No sustainable 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.


Talos Energy Gross Margin % Related Terms

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


Talos Energy Business Description

Traded in Other Exchanges
Address
333 Clay Street, Suite 3300, Houston, TX, USA, 77002
Talos Energy Inc is an independent oil and gas company predominantly involved in offshore exploration and production. The company has operations in the United States, the Gulf of Mexico, and offshore Mexico. The company's operating segments are; exploration and production of oil, natural gas and NGLs, and the CCS segment. The revenue is generated from the sale of oil, natural gas, and NGL quantities sold to purchasers.

Talos Energy Headlines

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