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Pembina Pipeline (TSX:PPL.PR.A.PFD) Gross Profit : C$3,142.00 Mil (TTM As of Sep. 2024)


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What is Pembina Pipeline Gross Profit?

Pembina Pipeline's gross profit for the three months ended in Sep. 2024 was C$747.00 Mil. Pembina Pipeline's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was C$3,142.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pembina Pipeline's gross profit for the three months ended in Sep. 2024 was C$747.00 Mil. Pembina Pipeline's Revenue for the three months ended in Sep. 2024 was C$1,844.00 Mil. Therefore, Pembina Pipeline's Gross Margin % for the quarter that ended in Sep. 2024 was 40.51%.

Pembina Pipeline had a gross margin of 40.51% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Pembina Pipeline was 38.32%. The lowest was 14.43%. And the median was 28.99%.

Warning Sign:

Pembina Pipeline Corp gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


Pembina Pipeline Gross Profit Historical Data

The historical data trend for Pembina Pipeline'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.

Pembina Pipeline Gross Profit Chart

Pembina Pipeline 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 2,442.00 2,008.00 2,647.00 3,123.00 2,840.00

Pembina Pipeline Quarterly Data
Dec19 Mar20 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 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 659.00 850.00 730.00 815.00 747.00

Competitive Comparison of Pembina Pipeline's Gross Profit

For the Oil & Gas Midstream subindustry, Pembina Pipeline'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.


Pembina Pipeline's Gross Profit Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pembina Pipeline's Gross Profit falls into.



Pembina Pipeline Gross Profit Calculation

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

Pembina Pipeline'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
=9125 - 6285
=2,840.00

Pembina Pipeline's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1844 - 1097
=747.00

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 C$3,142.00 Mil.

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

Pembina Pipeline'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
=747.00 / 1844
=40.51 %

* 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.


Pembina Pipeline  (TSX:PPL.PR.A.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

Pembina Pipeline had a gross margin of 40.51% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Pembina Pipeline Gross Profit Related Terms

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Pembina Pipeline Business Description

Address
585 - 8th Avenue S.W., Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.

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