Kinder Morgan Canada (TSX:KML.PR.C.PFD) Gross Profit : C$327.00 Mil (TTM As of Sep. 2019)

View and export this data going back to 2017. Start your Free Trial

What is Kinder Morgan Canada Gross Profit?

Kinder Morgan Canada's gross profit for the three months ended in Sep. 2019 was C$80.20 Mil. Kinder Morgan Canada's gross profit for the trailing twelve months (TTM) ended in Sep. 2019 was C$327.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kinder Morgan Canada's gross profit for the three months ended in Sep. 2019 was C$80.20 Mil. Kinder Morgan Canada's Revenue for the three months ended in Sep. 2019 was C$102.30 Mil. Therefore, Kinder Morgan Canada's Gross Margin % for the quarter that ended in Sep. 2019 was 78.40%.

Kinder Morgan Canada had a gross margin of 78.40% for the quarter that ended in Sep. 2019 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Kinder Morgan Canada was 82.20%. The lowest was 78.48%. And the median was 80.88%.

Kinder Morgan Canada Gross Profit Historical Data

The historical data trend for Kinder Morgan Canada'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.

Kinder Morgan Canada Gross Profit Chart

Kinder Morgan Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Gross Profit

415.26

522.40

283.60

287.20

301.20

Kinder Morgan Canada Quarterly Data
	Dec14	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Gross Profit	Get a 7-Day Free Trial												73.20	83.70	80.20	82.90	80.20

Competitive Comparison of Kinder Morgan Canada's Gross Profit

For the Oil & Gas Midstream subindustry, Kinder Morgan Canada'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.

Kinder Morgan Canada's Gross Profit Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Kinder Morgan Canada's Gross Profit falls into.

Kinder Morgan Canada Gross Profit Calculation

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

Kinder Morgan Canada's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )	=	Revenue	-	Cost of Goods Sold
	=	383.8	-	82.6
	=	301.20

Kinder Morgan Canada's Gross Profit for the quarter that ended in Sep. 2019 is calculated as

Gross Profit (Q: Sep. 2019 )	=	Revenue	-	Cost of Goods Sold
	=	102.3	-	22.1
	=	80.20

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was C$327.00 Mil.

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

Kinder Morgan Canada's Gross Margin % for the quarter that ended in Sep. 2019 is calculated as

Gross Margin % (Q: Sep. 2019 )	=	Gross Profit (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	80.20	/	102.3
	=	78.40 %

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.

Kinder Morgan Canada (TSX:KML.PR.C.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

Kinder Morgan Canada had a gross margin of 78.40% for the quarter that ended in Sep. 2019 => Durable competitive advantage

Kinder Morgan Canada Gross Profit Related Terms

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

Kinder Morgan Canada (TSX:KML.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Canada Ltd (TSX:KML.PR.C.PFD) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 - 5th Avenue S.W., Suite 2700, Calgary, AB, CAN, T2P 5J2

Website

http://www.kindermorgancanadaltd.com

Kinder Morgan Canada Ltd operates as an integrated network of pipeline systems and terminal facilities in Canada. The business activities are carried out through two segments namely Pipelines and Terminals. The Pipelines business unit is composed of the Trans Mountain pipeline system, the Canadian portion of the Cochin pipeline system, the Puget Sound pipeline system, and the Jet Fuel pipeline system. The Terminals business unit is composed of the Vancouver Wharves terminal in British Columbia and numerous terminals in Edmonton, Alberta. Geographically the business presence of the firm is spread across the US and Canada.

Kinder Morgan Canada (TSX:KML.PR.C.PFD) Headlines

No Headlines