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Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Gross Profit : $1,868.00 Mil (TTM As of Jun. 2016)


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What is Baltimore Gas & Electric Co Gross Profit?

Baltimore Gas & Electric Co's gross profit for the three months ended in Jun. 2016 was $419.00 Mil. Baltimore Gas & Electric Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2016 was $1,868.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Baltimore Gas & Electric Co's gross profit for the three months ended in Jun. 2016 was $419.00 Mil. Baltimore Gas & Electric Co's Revenue for the three months ended in Jun. 2016 was $680.00 Mil. Therefore, Baltimore Gas & Electric Co's Gross Margin % for the quarter that ended in Jun. 2016 was 61.62%.

Baltimore Gas & Electric Co had a gross margin of 61.62% for the quarter that ended in Jun. 2016 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Baltimore Gas & Electric Co was 56.00%. The lowest was 31.60%. And the median was 45.40%.


Baltimore Gas & Electric Co Gross Profit Historical Data

The historical data trend for Baltimore Gas & Electric Co's Gross Profit 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.

Baltimore Gas & Electric Co Gross Profit Chart

Baltimore Gas & Electric Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Gross Profit
Get a 7-Day Free Trial 1,475.00 1,366.00 1,644.00 1,748.00 1,830.00

Baltimore Gas & Electric Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Gross Profit 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 389.00 414.00 479.00 556.00 419.00

Competitive Comparison of Baltimore Gas & Electric Co's Gross Profit

For the Utilities - Regulated Electric subindustry, Baltimore Gas & Electric Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Baltimore Gas & Electric Co's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Baltimore Gas & Electric Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Baltimore Gas & Electric Co's Gross Profit falls into.



Baltimore Gas & Electric Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Baltimore Gas & Electric Co's Gross Profit for the fiscal year that ended in Dec. 2015 is calculated as

Gross Profit (A: Dec. 2015 )=Revenue - Cost of Goods Sold
=3135 - 1305
=1,830.00

Baltimore Gas & Electric Co's Gross Profit for the quarter that ended in Jun. 2016 is calculated as

Gross Profit (Q: Jun. 2016 )=Revenue - Cost of Goods Sold
=680 - 261
=419.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,868.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Baltimore Gas & Electric Co's Gross Margin % for the quarter that ended in Jun. 2016 is calculated as

Gross Margin % (Q: Jun. 2016 )=Gross Profit (Q: Jun. 2016 ) / Revenue (Q: Jun. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=419.00 / 680
=61.62 %

* 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.


Baltimore Gas & Electric Co  (OTCPK:BGLEP.PFD) Gross Profit 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

Baltimore Gas & Electric Co had a gross margin of 61.62% for the quarter that ended in Jun. 2016 => Durable competitive advantage


Baltimore Gas & Electric Co Gross Profit Related Terms

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Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Business Description

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Address
Website
Baltimore Gas and Electric Company is a Maryland Corporation. It is an electric transmission and distribution utility company and a gas distribution utility company with a service territory that covers the City of Baltimore and all or part of ten counties in central Maryland. It is regulated by the Maryland PSC and Federal Energy Regulatory Commission (FERC) with respect to rates and other aspects of its business. The Company's electric service territory includes an area of approximately 2,300 square miles. There are no municipal or cooperative wholesale customers within BGE's service territory. The Company's gas service territory includes an area of approximately 800 square miles. The Company's electric and gas revenues come from many customers -residential, commercial, and industrial.

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