Enefit Green AS (STU:I6B) Gross Profit : €122.0 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Enefit Green AS Gross Profit?

Enefit Green AS's gross profit for the three months ended in Sep. 2024 was €11.3 Mil. Enefit Green AS's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €122.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Enefit Green AS's gross profit for the three months ended in Sep. 2024 was €11.3 Mil. Enefit Green AS's Revenue for the three months ended in Sep. 2024 was €33.8 Mil. Therefore, Enefit Green AS's Gross Margin % for the quarter that ended in Sep. 2024 was 33.54%.

Enefit Green AS had a gross margin of 33.54% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Enefit Green AS was 73.83%. The lowest was 56.64%. And the median was 68.65%.

Warning Sign:

Enefit Green AS gross margin has been in long-term decline. The average rate of decline per year is -2.2%.

Enefit Green AS Gross Profit Historical Data

The historical data trend for Enefit Green AS'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.

Enefit Green AS Gross Profit Chart

Enefit Green AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

Get a 7-Day Free Trial

104.36

107.80

134.72

172.37

128.15

Enefit Green AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Profit	Get a 7-Day Free Trial															17.08	50.16	35.52	24.94	11.35

Competitive Comparison of Enefit Green AS's Gross Profit

For the Utilities - Renewable subindustry, Enefit Green AS'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.

Enefit Green AS's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Enefit Green AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Enefit Green AS's Gross Profit falls into.

Enefit Green AS Gross Profit Calculation

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

Enefit Green AS'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
	=	226.269	-	98.12
	=	128.1

Enefit Green AS's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	33.833	-	22.485
	=	11.3

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €122.0 Mil.

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

Enefit Green AS's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	11.3	/	33.833
	=	33.54 %

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.

Enefit Green AS (STU:I6B) 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

Enefit Green AS had a gross margin of 33.54% for the quarter that ended in Sep. 2024 => Competition eroding margins

Enefit Green AS Gross Profit Related Terms

Thank you for viewing the detailed overview of Enefit Green AS's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Enefit Green AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Enefit Green AS (STU:I6B) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

EGR1T:Estonia

Address

Lelle tn 22, Tallinn, EST, 11318

Website

https://www.enefitgreen.ee

Enefit Green AS is a renewable energy producer in the Baltic Sea region. The company produces electricity from wind, as well as municipal waste, biomass, solar and hydroelectric sources in Estonia, Latvia, Lithuania, and Poland. The segments of the company are Wind energy segment which comprises all of the company's wind farms and generates key revenue for the firm; Cogeneration segment comprises all of the company's cogeneration plants and the pellet factory and Solar energy segment comprises all of the company's solar farms. Its majority revenue comes from Wind energy segment.

Enefit Green AS Headlines

No Headlines