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Centerra Gold (STU:GOU) Gross Margin % : 33.15% (As of Sep. 2024)


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What is Centerra Gold Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Centerra Gold's Gross Profit for the three months ended in Sep. 2024 was €97 Mil. Centerra Gold's Revenue for the three months ended in Sep. 2024 was €292 Mil. Therefore, Centerra Gold's Gross Margin % for the quarter that ended in Sep. 2024 was 33.15%.

Warning Sign:

Centerra Gold Inc gross margin has been in long-term decline. The average rate of decline per year is -6.7%.


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

STU:GOU' s Gross Margin % Range Over the Past 10 Years
Min: 21   Med: 32.58   Max: 45.64
Current: 34.84


During the past 13 years, the highest Gross Margin % of Centerra Gold was 45.64%. The lowest was 21.00%. And the median was 32.58%.

STU:GOU's Gross Margin % is ranked better than
68.99% of 690 companies
in the Metals & Mining industry
Industry Median: 20.41 vs STU:GOU: 34.84

Centerra Gold had a gross margin of 33.15% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Centerra Gold was -6.70% per year.


Centerra Gold Gross Margin % Historical Data

The historical data trend for Centerra Gold'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.

Centerra Gold Gross Margin % Chart

Centerra Gold 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 32.73 29.88 32.43 21.00 24.11

Centerra Gold 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 33.31 40.61 32.27 32.70 33.15

Competitive Comparison of Centerra Gold's Gross Margin %

For the Gold subindustry, Centerra Gold'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.


Centerra Gold's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Centerra Gold's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Centerra Gold's Gross Margin % falls into.



Centerra Gold Gross Margin % Calculation

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

Centerra Gold'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 )
=242.1 / 1004.021
=(Revenue - Cost of Goods Sold) / Revenue
=(1004.021 - 761.928) / 1004.021
=24.11 %

Centerra Gold'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 )
=96.7 / 291.858
=(Revenue - Cost of Goods Sold) / Revenue
=(291.858 - 195.119) / 291.858
=33.15 %

* 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.


Centerra Gold  (STU:GOU) 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

Centerra Gold had a gross margin of 33.15% for the quarter that ended in Sep. 2024 => Competition eroding margins


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.


Centerra Gold Gross Margin % Related Terms

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


Centerra Gold Business Description

Traded in Other Exchanges
Address
1 University Avenue, Suite 1500, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

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