GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tohoku Electric Power Co Inc (OTCPK:TEPCY) » Definitions » Gross Margin %

Tohoku Electric Power Co (Tohoku Electric Power Co) Gross Margin % : 9.71% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Tohoku Electric Power Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tohoku Electric Power Co's Gross Profit for the three months ended in Dec. 2023 was $451 Mil. Tohoku Electric Power Co's Revenue for the three months ended in Dec. 2023 was $4,643 Mil. Therefore, Tohoku Electric Power Co's Gross Margin % for the quarter that ended in Dec. 2023 was 9.71%.


The historical rank and industry rank for Tohoku Electric Power Co's Gross Margin % or its related term are showing as below:

TEPCY' s Gross Margin % Range Over the Past 10 Years
Min: -5.99   Med: 5.19   Max: 11.44
Current: 11.44


During the past 13 years, the highest Gross Margin % of Tohoku Electric Power Co was 11.44%. The lowest was -5.99%. And the median was 5.19%.

TEPCY's Gross Margin % is ranked worse than
86.04% of 394 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.805 vs TEPCY: 11.44

Tohoku Electric Power Co had a gross margin of 9.71% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tohoku Electric Power Co was 0.00% per year.


Tohoku Electric Power Co Gross Margin % Historical Data

The historical data trend for Tohoku Electric Power Co'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.

Tohoku Electric Power Co Gross Margin % Chart

Tohoku Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.18 3.84 -1.37 -5.99 11.44

Tohoku Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.82 18.44 14.68 9.71 3.92

Competitive Comparison of Tohoku Electric Power Co's Gross Margin %

For the Utilities - Renewable subindustry, Tohoku Electric Power Co'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.


Tohoku Electric Power Co's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tohoku Electric Power Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tohoku Electric Power Co's Gross Margin % falls into.



Tohoku Electric Power Co Gross Margin % Calculation

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

Tohoku Electric Power Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=2151 / 18808.165
=(Revenue - Cost of Goods Sold) / Revenue
=(18808.165 - 16657.137) / 18808.165
=11.44 %

Tohoku Electric Power Co'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 )
=450.6 / 4642.819
=(Revenue - Cost of Goods Sold) / Revenue
=(4642.819 - 4192.233) / 4642.819
=9.71 %

* 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.


Tohoku Electric Power Co  (OTCPK:TEPCY) 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

Tohoku Electric Power Co had a gross margin of 9.71% for the quarter that ended in Dec. 2023 => 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.


Tohoku Electric Power Co Gross Margin % Related Terms

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


Tohoku Electric Power Co (Tohoku Electric Power Co) Business Description

Traded in Other Exchanges
Address
1-7-1 Honcho, Aoba-ku, Miyagi, Sendai, JPN, 980-8550
Tohoku Electric Power Co Inc is an electric utility company operating in and serving the Tohoku region of the Japanese archipelago. The country separates its activities into Electric power, Construction, and Other business segments. Almost all of the company's revenue comes from its Electric power business in the form of electricity sales. Tohoku Electric produces power through its portfolio of facilities utilizing nuclear, liquefied natural gas, coal, oil, hydro, geothermal, solar, and wind fuel sources. Most of the company's energy production comes from its thermal, non-renewable sites, which it then transmits and distributes to mainly residential customers. Tohoku Electric Power produces sizable amounts of Japan's total geothermal and wind energy output, as well.

Tohoku Electric Power Co (Tohoku Electric Power Co) Headlines

No Headlines