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Coterra Energy (FRA:XCQ) Gross Profit : €1,848 Mil (TTM As of Dec. 2024)


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What is Coterra Energy Gross Profit?

Coterra Energy's gross profit for the three months ended in Dec. 2024 was €474 Mil. Coterra Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was €1,848 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Coterra Energy's gross profit for the three months ended in Dec. 2024 was €474 Mil. Coterra Energy's Revenue for the three months ended in Dec. 2024 was €1,332 Mil. Therefore, Coterra Energy's Gross Margin % for the quarter that ended in Dec. 2024 was 35.56%.

Coterra Energy had a gross margin of 35.56% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Coterra Energy was 66.30%. The lowest was 1.52%. And the median was 41.49%.


Coterra Energy Gross Profit Historical Data

The historical data trend for Coterra Energy'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.

Coterra Energy Gross Profit Chart

Coterra Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 354.28 1,714.25 5,664.94 2,518.08 1,905.23

Coterra Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 674.00 550.16 394.83 428.88 473.68

Competitive Comparison of Coterra Energy's Gross Profit

For the Oil & Gas E&P subindustry, Coterra Energy'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.


Coterra Energy's Gross Profit Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Coterra Energy's Gross Profit falls into.


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Coterra Energy Gross Profit Calculation

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

Coterra Energy's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=5212.39 - 3307.165
=1,905

Coterra Energy's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1332.225 - 858.545
=474

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,848 Mil.

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

Coterra Energy's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=474 / 1332.225
=35.56 %

* 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.


Coterra Energy  (FRA:XCQ) 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

Coterra Energy had a gross margin of 35.56% for the quarter that ended in Dec. 2024 => Competition eroding margins


Coterra Energy Gross Profit Related Terms

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Coterra Energy Business Description

Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids (NGLs). Its operations are mainly concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable development programs, and include the Permian Basin located in Texas and New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin located in the mid-continent region in Oklahoma. The company operates in one segment, oil and natural gas development, exploration, and production, in the continental U.S.

Coterra Energy Headlines

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