The historical rank and industry rank for NuStar Energy LP's Gross Margin % or its related term are showing as below:
NS'
s Gross Margin % Range Over the Past 10 Years
Min: 26.55 Med: 33.81 Max: 46.36
Current: 36.94
During the past 13 years, the highestGross Margin % of NuStar Energy LP was 46.36%. The lowest was 26.55%. And the median was 33.81%.
NS's Gross Margin % is ranked better than 61.73% of 925
companies
in the Oil & Gas industry
Industry Median: 27.87
vs NS: 36.94
NuStar Energy LP had a gross margin of 37.09% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for NuStar Energy LP was 3.30% per year.
NuStar Energy LP Gross Margin % Historical Data
The historical data trend for NuStar Energy LP'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.
Competitive Comparison of NuStar Energy LP's Gross Margin %
For the Oil & Gas Midstream subindustry, NuStar Energy LP'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.
NuStar Energy LP's Gross Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NuStar Energy LP's Gross Margin % distribution charts can be found below:
* The bar in red indicates where NuStar Energy LP's Gross Margin % falls into.
* 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.
NuStar Energy LP (NYSE:NS) 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
NuStar Energy LP had a gross margin of 37.09% for the quarter that ended in Dec. 2023 => Competition eroding margins
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.
NuStar Energy LP Gross Margin % Related Terms
Thank you for viewing the detailed overview of NuStar Energy LP's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
NuStar Energy LP (NuStar Energy LP) Business Description
NuStar Energy LP is a US-based pipeline and terminal operator. The company along with its subsidiaries is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of crude oil and specialty chemicals, and the marketing of petroleum products. Its business is organized into the segments of; Pipeline, Storage, and Fuels Marketing. Geographically, the company operates in the United States and Foreign and derives key revenue from the Pipeline business.
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