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Par Pacific Holdings (FRA:61P) Gross Profit : €893 Mil (TTM As of Sep. 2024)


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What is Par Pacific Holdings Gross Profit?

Par Pacific Holdings's gross profit for the three months ended in Sep. 2024 was €186 Mil. Par Pacific Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €893 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Par Pacific Holdings's gross profit for the three months ended in Sep. 2024 was €186 Mil. Par Pacific Holdings's Revenue for the three months ended in Sep. 2024 was €1,932 Mil. Therefore, Par Pacific Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 9.65%.

Par Pacific Holdings had a gross margin of 9.65% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Par Pacific Holdings was 15.48%. The lowest was 2.79%. And the median was 10.49%.


Par Pacific Holdings Gross Profit Historical Data

The historical data trend for Par Pacific Holdings'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.

Par Pacific Holdings Gross Profit Chart

Par Pacific Holdings 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 460.63 71.63 245.48 798.63 1,168.27

Par Pacific Holdings 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 346.33 322.48 184.65 199.85 186.38

Competitive Comparison of Par Pacific Holdings's Gross Profit

For the Oil & Gas Refining & Marketing subindustry, Par Pacific Holdings'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.


Par Pacific Holdings's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Par Pacific Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Par Pacific Holdings's Gross Profit falls into.



Par Pacific Holdings Gross Profit Calculation

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

Par Pacific Holdings'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
=7548.703 - 6380.43
=1,168

Par Pacific Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1931.684 - 1745.309
=186

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 €893 Mil.

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

Par Pacific Holdings'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
=186 / 1931.684
=9.65 %

* 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.


Par Pacific Holdings  (FRA:61P) 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

Par Pacific Holdings had a gross margin of 9.65% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Par Pacific Holdings Gross Profit Related Terms

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Par Pacific Holdings Business Description

Traded in Other Exchanges
Address
825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refineries, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.

Par Pacific Holdings Headlines

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