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Enviva (FRA:XV6) Gross Profit : €-35 Mil (TTM As of Sep. 2023)


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What is Enviva Gross Profit?

Enviva's gross profit for the three months ended in Sep. 2023 was €49 Mil. Enviva's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was €-35 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Enviva's gross profit for the three months ended in Sep. 2023 was €49 Mil. Enviva's Revenue for the three months ended in Sep. 2023 was €300 Mil. Therefore, Enviva's Gross Margin % for the quarter that ended in Sep. 2023 was 16.35%.

Enviva had a gross margin of 16.35% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Enviva was 16.54%. The lowest was -3.28%. And the median was 8.71%.

Warning Sign:

Enviva Inc gross margin has been in long-term decline. The average rate of decline per year is -13.1%.


Enviva Gross Profit Historical Data

The historical data trend for Enviva'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.

Enviva Gross Profit Chart

Enviva Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.04 11.32 63.97 77.89 50.64

Enviva Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 68.80 -77.85 -17.57 10.89 49.11

Competitive Comparison of Enviva's Gross Profit

For the Lumber & Wood Production subindustry, Enviva'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.


Enviva's Gross Profit Distribution in the Forest Products Industry

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

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



Enviva Gross Profit Calculation

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

Enviva's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=1032.997 - 982.355
=51

Enviva's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=300.437 - 251.323
=49

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-35 Mil.

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

Enviva's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=49 / 300.437
=16.35 %

* 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.


Enviva  (FRA:XV6) 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

Enviva had a gross margin of 16.35% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Enviva Gross Profit Related Terms

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Enviva (FRA:XV6) Business Description

Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1800, Bethesda, MD, USA, 20814
Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.

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