OGFGY (Origin Energy) Gross Profit : $2,099 Mil (TTM As of Jun. 2024)

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What is Origin Energy Gross Profit?

Origin Energy's gross profit for the six months ended in Jun. 2024 was $873 Mil. Origin Energy's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $2,099 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Origin Energy's gross profit for the six months ended in Jun. 2024 was $873 Mil. Origin Energy's Revenue for the six months ended in Jun. 2024 was $5,299 Mil. Therefore, Origin Energy's Gross Margin % for the quarter that ended in Jun. 2024 was 16.47%.

Origin Energy had a gross margin of 16.47% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Origin Energy was 27.22%. The lowest was 6.92%. And the median was 17.88%.

Warning Sign:

Origin Energy Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.

Origin Energy Gross Profit Historical Data

The historical data trend for Origin 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.

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Origin Energy Gross Profit Chart

Origin Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Gross Profit

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1,515.53

1,237.77

699.93

1,267.11

2,088.98

Origin Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Profit	Get a 7-Day Free Trial															274.07	380.57	888.59	1,226.24	872.51

Competitive Comparison of Origin Energy's Gross Profit

For the Utilities - Diversified subindustry, Origin 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.

Origin Energy's Gross Profit Distribution in the Utilities - Regulated Industry

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

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

Origin Energy Gross Profit Calculation

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

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

Gross Profit (A: Jun. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	10608.234	-	8519.257
	=	2,089

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

Gross Profit (Q: Jun. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	5298.805	-	4426.295
	=	873

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,099 Mil.

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

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

Gross Margin % (Q: Jun. 2024 )	=	Gross Profit (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	873	/	5298.805
	=	16.47 %

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.

Origin Energy (OTCPK:OGFGY) 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

Origin Energy had a gross margin of 16.47% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

Origin Energy Gross Profit Related Terms

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Origin Energy Business Description

Industry

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OGFGF:USA ORL0:Germany ORL:Germany ORL:Germany ORG:Australia

Address

100 Barangaroo Avenue, Level 32, Tower 1, Barangaroo, Sydney, NSW, AUS, 2000

Website

https://www.originenergy.com.au

Origin Energy is a major vertically integrated Australian energy utility. Its energy retailing business is the largest in Australia, with about 4 million customers and a 33% market share. Its portfolio of base-load, intermediate, and peaking electricity plants is one of the largest in the national electricity market, with a capacity of 6,000 megawatts. Origin also operates and owns 27.5% of Australia Pacific LNG, which owns large coal seam gas fields and LNG export facilities in Queensland.