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Pacific Gas & Electric Co (Pacific Gas & Electric Co) Gross Profit : $8,604.00 Mil (TTM As of Mar. 2024)


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What is Pacific Gas & Electric Co Gross Profit?

Pacific Gas & Electric Co's gross profit for the three months ended in Mar. 2024 was $2,380.00 Mil. Pacific Gas & Electric Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $8,604.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pacific Gas & Electric Co's gross profit for the three months ended in Mar. 2024 was $2,380.00 Mil. Pacific Gas & Electric Co's Revenue for the three months ended in Mar. 2024 was $5,861.00 Mil. Therefore, Pacific Gas & Electric Co's Gross Margin % for the quarter that ended in Mar. 2024 was 40.61%.

Pacific Gas & Electric Co had a gross margin of 40.61% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Pacific Gas & Electric Co was 69.55%. The lowest was 55.46%. And the median was 62.59%.


Pacific Gas & Electric Co Gross Profit Historical Data

The historical data trend for Pacific Gas & Electric 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.

Pacific Gas & Electric Co Gross Profit Chart

Pacific Gas & Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 4,550.00 5,864.00 6,067.00 7,099.00 8,318.00

Pacific Gas & Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,097.00 1,908.00 1,745.00 2,571.00 2,380.00

Competitive Comparison of Pacific Gas & Electric Co's Gross Profit

For the Utilities - Diversified subindustry, Pacific Gas & Electric 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.


Pacific Gas & Electric Co's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Pacific Gas & Electric Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pacific Gas & Electric Co's Gross Profit falls into.



Pacific Gas & Electric Co Gross Profit Calculation

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

Pacific Gas & Electric 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
=24428 - 16110
=8,318.00

Pacific Gas & Electric Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=5861 - 3481
=2,380.00

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,604.00 Mil.

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

Pacific Gas & Electric Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,380.00 / 5861
=40.61 %

* 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.


Pacific Gas & Electric Co  (AMEX:PCG.PRI.PFD) 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

Pacific Gas & Electric Co had a gross margin of 40.61% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Pacific Gas & Electric Co Gross Profit Related Terms

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Pacific Gas & Electric Co (Pacific Gas & Electric Co) Business Description

Address
77 Beale Street, P.O. Box 770000, San Francisco, CA, USA, 94177
Pacific Gas & Electric Co is a vertically integrated electricity and natural gas utility. It operates in northern and central California and are engaged in the businesses of electricity and natural gas distribution.

Pacific Gas & Electric Co (Pacific Gas & Electric Co) Headlines

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