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Cameco (TSX:CCO) Gross Margin % : 21.10% (As of Dec. 2024)


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What is Cameco Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cameco's Gross Profit for the three months ended in Dec. 2024 was C$250 Mil. Cameco's Revenue for the three months ended in Dec. 2024 was C$1,183 Mil. Therefore, Cameco's Gross Margin % for the quarter that ended in Dec. 2024 was 21.10%.


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

TSX:CCO' s Gross Margin % Range Over the Past 10 Years
Min: 0.13   Med: 16.6   Max: 25.31
Current: 24.96


During the past 13 years, the highest Gross Margin % of Cameco was 25.31%. The lowest was 0.13%. And the median was 16.60%.

TSX:CCO's Gross Margin % is ranked worse than
55.2% of 125 companies
in the Other Energy Sources industry
Industry Median: 26.53 vs TSX:CCO: 24.96

Cameco had a gross margin of 21.10% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cameco was 39.90% per year.


Cameco Gross Margin % Historical Data

The historical data trend for Cameco'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.

Cameco Gross Margin % Chart

Cameco Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 0.13 12.49 21.70 24.96

Cameco Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 15.73 29.49 29.30 23.71 21.10

Competitive Comparison of Cameco's Gross Margin %

For the Uranium subindustry, Cameco'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.


Cameco's Gross Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Cameco's Gross Margin % distribution charts can be found below:

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


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Cameco Gross Margin % Calculation

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

Cameco's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=782.6 / 3135.772
=(Revenue - Cost of Goods Sold) / Revenue
=(3135.772 - 2353.19) / 3135.772
=24.96 %

Cameco's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=249.6 / 1183.173
=(Revenue - Cost of Goods Sold) / Revenue
=(1183.173 - 933.573) / 1183.173
=21.10 %

* 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.


Cameco  (TSX:CCO) 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

Cameco had a gross margin of 21.10% for the quarter that ended in Dec. 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.


Cameco Gross Margin % Related Terms

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


Cameco Business Description

Address
11th Street West, Suite 2121, Saskatoon, SK, CAN, S7M 1J3
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.
Executives
Caroline Marie Gorsalitz Senior Officer
Tim Scott Gitzel Senior Officer
Lisa Lorene Aitken Senior Officer
Ronald Liam Mooney Senior Officer
Dale Robert Clark Senior Officer
Sean Anthony Quinn Senior Officer
Andrew Miles Thorne Senior Officer
Brian Arthur Reilly Senior Officer
Cory John-paul Kos Senior Officer
Rachelle Spring Girard Senior Officer
David Fehr Doerksen Senior Officer
Jill Amanda Johnson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Heidi Lynn Shockey Senior Officer
Scott Mchardy Senior Officer
Cherise Marie Grychowski Senior Officer