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Cincinnati Bell (Cincinnati Bell) Gross Margin % : 45.73% (As of Jun. 2021)


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What is Cincinnati Bell Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cincinnati Bell's Gross Profit for the three months ended in Jun. 2021 was $189 Mil. Cincinnati Bell's Revenue for the three months ended in Jun. 2021 was $414 Mil. Therefore, Cincinnati Bell's Gross Margin % for the quarter that ended in Jun. 2021 was 45.73%.


The historical rank and industry rank for Cincinnati Bell's Gross Margin % or its related term are showing as below:


CBB's Gross Margin % is not ranked *
in the Telecommunication Services industry.
Industry Median: 48.98
* Ranked among companies with meaningful Gross Margin % only.

Cincinnati Bell had a gross margin of 45.73% for the quarter that ended in Jun. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cincinnati Bell was 0.00% per year.


Cincinnati Bell Gross Margin % Historical Data

The historical data trend for Cincinnati Bell's Gross Margin % 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.

Cincinnati Bell Gross Margin % Chart

Cincinnati Bell Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.15 50.17 49.30 48.94 48.58

Cincinnati Bell Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Gross Margin % 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 49.11 47.65 48.57 46.30 45.73

Competitive Comparison of Cincinnati Bell's Gross Margin %

For the Telecom Services subindustry, Cincinnati Bell's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Cincinnati Bell's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cincinnati Bell's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cincinnati Bell's Gross Margin % falls into.



Cincinnati Bell Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Cincinnati Bell's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=757.8 / 1559.8
=(Revenue - Cost of Goods Sold) / Revenue
=(1559.8 - 802) / 1559.8
=48.58 %

Cincinnati Bell's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=189.4 / 414.2
=(Revenue - Cost of Goods Sold) / Revenue
=(414.2 - 224.8) / 414.2
=45.73 %

* 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.


Cincinnati Bell  (NYSE:CBB) Gross Margin % 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

Cincinnati Bell had a gross margin of 45.73% for the quarter that ended in Jun. 2021 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Cincinnati Bell Gross Margin % Related Terms

Thank you for viewing the detailed overview of Cincinnati Bell's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cincinnati Bell (Cincinnati Bell) Business Description

Traded in Other Exchanges
N/A
Address
221 East Fourth Street, Cincinnati, OH, USA, 45202
Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segments. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada, and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.
Executives
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Yudkovitz director P O BOX 2301, CINCINNATI OH 45201
Craig F Maier director P O BOX 2301, CINCINNATI OH 45202
Meredith J Ching director 822 BISHOP ST., HONOLULU HI 96813
Dods Walter A Jr director 822 BISHOP ST., HONOLULU HI 96813
Theodore H. Torbeck director, Director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Russel Paul Mayer director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Leigh R. Fox officer: Chief Executive Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Joshua T. Duckworth officer: Vice President & Treasurer P O BOX 2301, CINCINNATI OH 45201
Christopher J Wilson officer: VP, General Counsel P O BOX 2301, CINCINNATI OH 45201
Thomas E Simpson officer: Chief Operating Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Andrew R. Kaiser officer: Chief Financial Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Christi H Cornette officer: Chief Culture Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
John W. Eck director 221 EAST FOURTH STREET, CINCINNATI OH 45202

Cincinnati Bell (Cincinnati Bell) Headlines

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