Petronas Gas Bhd gross margin has been in long-term decline. The average rate of decline per year is -4.8%.
The historical rank and industry rank for Petronas Gas Bhd's Gross Margin % or its related term are showing as below:
XKLS:6033'
s Gross Margin % Range Over the Past 10 Years
Min: 35.48 Med: 45.83 Max: 50.37
Current: 35.48
During the past 13 years, the highestGross Margin % of Petronas Gas Bhd was 50.37%. The lowest was 35.48%. And the median was 45.83%.
XKLS:6033's Gross Margin % is ranked better than 62.28% of 501
companies
in the Utilities - Regulated industry
Industry Median: 28.81
vs XKLS:6033: 35.48
Petronas Gas Bhd had a gross margin of 32.02% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Petronas Gas Bhd was -4.80% per year.
Petronas Gas Bhd Gross Margin % Historical Data
The historical data trend for Petronas Gas Bhd'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.
Competitive Comparison of Petronas Gas Bhd's Gross Margin %
For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.
Petronas Gas Bhd's Gross Margin % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Petronas Gas Bhd's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Petronas Gas Bhd's Gross Margin % falls into.
* 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.
Petronas Gas Bhd (XKLS:6033) 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
Petronas Gas Bhd had a gross margin of 32.02% for the quarter that ended in Dec. 2023 => 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.
Petronas Gas Bhd Gross Margin % Related Terms
Thank you for viewing the detailed overview of Petronas Gas Bhd's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
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