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Consolidated Water Co (FRA:CW2) Gross Profit : €51.7 Mil (TTM As of Sep. 2024)


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What is Consolidated Water Co Gross Profit?

Consolidated Water Co's gross profit for the three months ended in Sep. 2024 was €10.5 Mil. Consolidated Water Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €51.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Consolidated Water Co's gross profit for the three months ended in Sep. 2024 was €10.5 Mil. Consolidated Water Co's Revenue for the three months ended in Sep. 2024 was €30.1 Mil. Therefore, Consolidated Water Co's Gross Margin % for the quarter that ended in Sep. 2024 was 34.84%.

Consolidated Water Co had a gross margin of 34.84% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Consolidated Water Co was 41.90%. The lowest was 32.26%. And the median was 38.64%.

Warning Sign:

Consolidated Water Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


Consolidated Water Co Gross Profit Historical Data

The historical data trend for Consolidated Water 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.

Consolidated Water Co Gross Profit Chart

Consolidated Water Co 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 25.45 22.00 20.80 28.66 56.79

Consolidated Water Co 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 15.57 17.69 12.77 10.80 10.48

Competitive Comparison of Consolidated Water Co's Gross Profit

For the Utilities - Regulated Water subindustry, Consolidated Water 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.


Consolidated Water Co's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Consolidated Water Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Consolidated Water Co's Gross Profit falls into.



Consolidated Water Co Gross Profit Calculation

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

Consolidated Water Co'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
=165.253 - 108.466
=56.8

Consolidated Water Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=30.085 - 19.602
=10.5

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 €51.7 Mil.

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

Consolidated Water Co'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
=10.5 / 30.085
=34.84 %

* 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.


Consolidated Water Co  (FRA:CW2) 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

Consolidated Water Co had a gross margin of 34.84% for the quarter that ended in Sep. 2024 => Competition eroding margins


Consolidated Water Co Gross Profit Related Terms

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Consolidated Water Co Business Description

Traded in Other Exchanges
Address
West Bay Road, 4th Floor, Windward Three, P.O. Box 1114, Regatta Office Park, Grand Cayman, CYM, KY1-1102
Consolidated Water Co Ltd is a water utility company. It develops and operates seawater desalination plants and water distribution systems. The company's business segments are; The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island, The bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts, The services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties, and The manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal and industrial water production, supply and treatment.

Consolidated Water Co Headlines

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