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Vital Energy (STU:8LP1) Gross Profit : €662 Mil (TTM As of Dec. 2023)


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What is Vital Energy Gross Profit?

Vital Energy's gross profit for the three months ended in Dec. 2023 was €164 Mil. Vital Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €662 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vital Energy's gross profit for the three months ended in Dec. 2023 was €164 Mil. Vital Energy's Revenue for the three months ended in Dec. 2023 was €408 Mil. Therefore, Vital Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 40.30%.

Vital Energy had a gross margin of 40.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Vital Energy was 62.58%. The lowest was 1.24%. And the median was 42.13%.


Vital Energy Gross Profit Historical Data

The historical data trend for Vital 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.

Vital Energy Gross Profit Chart

Vital Energy 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 281.62 120.34 669.88 1,134.74 653.76

Vital Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 186.07 150.23 140.12 207.21 164.26

Competitive Comparison of Vital Energy's Gross Profit

For the Oil & Gas E&P subindustry, Vital 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.


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

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

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



Vital Energy Gross Profit Calculation

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

Vital Energy'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
=1419.153 - 765.397
=654

Vital Energy's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=407.626 - 243.366
=164

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €662 Mil.

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

Vital Energy's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=164 / 407.626
=40.30 %

* 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.


Vital Energy  (STU:8LP1) 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

Vital Energy had a gross margin of 40.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Vital Energy Gross Profit Related Terms

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Vital Energy (STU:8LP1) Business Description

Traded in Other Exchanges
Address
521 East Second Street, Suite 1000, Tulsa, OK, USA, 74120
Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

Vital Energy (STU:8LP1) Headlines

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