Essential Utilities's gross profit for the
three
months ended in Dec. 2024 was $346 Mil. Essential Utilities's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $1,222 Mil.
Essential Utilities had a gross margin of 57.31% for the quarter that ended in Dec. 2024 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Essential Utilities was 65.13%. The lowest was 46.87%. And the median was 60.29%.
Essential Utilities Gross Profit Historical Data
The historical data trend for Essential Utilities'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.
Competitive Comparison of Essential Utilities's Gross Profit
For the Utilities - Regulated Water subindustry, Essential Utilities'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.
Essential Utilities's Gross Profit Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Essential Utilities's Gross Profit distribution charts can be found below:
* The bar in red indicates where Essential Utilities's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,222 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Essential Utilities had a gross margin of 57.31% for the quarter that ended in Dec. 2024 => Durable competitive advantage
Essential Utilities Gross Profit Related Terms
Thank you for viewing the detailed overview of Essential Utilities's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Essential Utilities is a Pennsylvania-based holding company for us water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Its largest service territory is in Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 740,000 gas distribution customers in Pennsylvania and Kentucky. Essential also owns nonregulated market-based water and energy services businesses.
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