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ENCE Energia y Celulosa (CHIX:ENCE) Gross Profit : €467.1 Mil (TTM As of Sep. 2024)


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What is ENCE Energia y Celulosa Gross Profit?

ENCE Energia y Celulosa's gross profit for the three months ended in Sep. 2024 was €124.0 Mil. ENCE Energia y Celulosa's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €467.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ENCE Energia y Celulosa's gross profit for the three months ended in Sep. 2024 was €124.0 Mil. ENCE Energia y Celulosa's Revenue for the three months ended in Sep. 2024 was €225.4 Mil. Therefore, ENCE Energia y Celulosa's Gross Margin % for the quarter that ended in Sep. 2024 was 55.04%.

ENCE Energia y Celulosa had a gross margin of 55.04% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of ENCE Energia y Celulosa was 61.06%. The lowest was 36.41%. And the median was 52.96%.

Warning Sign:

ENCE Energia y Celulosa SA gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


ENCE Energia y Celulosa Gross Profit Historical Data

The historical data trend for ENCE Energia y Celulosa'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.

ENCE Energia y Celulosa Gross Profit Chart

ENCE Energia y Celulosa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 400.91 328.17 412.84 612.64 403.81

ENCE Energia y Celulosa Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 69.46 105.11 114.00 123.96 124.04

Competitive Comparison of ENCE Energia y Celulosa's Gross Profit

For the Paper & Paper Products subindustry, ENCE Energia y Celulosa'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.


ENCE Energia y Celulosa's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, ENCE Energia y Celulosa's Gross Profit distribution charts can be found below:

* The bar in red indicates where ENCE Energia y Celulosa's Gross Profit falls into.



ENCE Energia y Celulosa Gross Profit Calculation

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

ENCE Energia y Celulosa's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=829.603 - 425.791
=403.8

ENCE Energia y Celulosa's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=225.359 - 101.323
=124.0

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €467.1 Mil.

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

ENCE Energia y Celulosa'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=124.0 / 225.359
=55.04 %

* 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.


ENCE Energia y Celulosa  (CHIX:ENCe) 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

ENCE Energia y Celulosa had a gross margin of 55.04% for the quarter that ended in Sep. 2024 => Durable competitive advantage


ENCE Energia y Celulosa Gross Profit Related Terms

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ENCE Energia y Celulosa Business Description

Traded in Other Exchanges
Address
Beatriz de Bobadilla, 14, Madrid, ESP, 28040
ENCE Energia y Celulosa SA produces and sells pulp. The company has two segments namely ENCE Pulp and ENCE Renewables. ENCE Pulp segment includes the pulp production and sale activities. ENCE Renewables segment involves Biomass, Biogas, Energy services and generation and sale of carbon credits. The vast majority of revenue comes from Pulp Segment.

ENCE Energia y Celulosa Headlines

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