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Cia de Transmissao de Energia Eletrica Paulista (Cia de Transmissao de Energia Eletrica Paulista) Gross Margin % : 55.04% (As of Sep. 2023)


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What is Cia de Transmissao de Energia Eletrica Paulista Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cia de Transmissao de Energia Eletrica Paulista's Gross Profit for the three months ended in Sep. 2023 was $165 Mil. Cia de Transmissao de Energia Eletrica Paulista's Revenue for the three months ended in Sep. 2023 was $300 Mil. Therefore, Cia de Transmissao de Energia Eletrica Paulista's Gross Margin % for the quarter that ended in Sep. 2023 was 55.04%.

Warning Sign:

Cia de Transmissao de Energia Eletrica Paulista gross margin has been in long-term decline. The average rate of decline per year is -4%.


The historical rank and industry rank for Cia de Transmissao de Energia Eletrica Paulista's Gross Margin % or its related term are showing as below:

CTPZY' s Gross Margin % Range Over the Past 10 Years
Min: 42.52   Med: 70.35   Max: 93.58
Current: 59.76


During the past 13 years, the highest Gross Margin % of Cia de Transmissao de Energia Eletrica Paulista was 93.58%. The lowest was 42.52%. And the median was 70.35%.

CTPZY's Gross Margin % is ranked better than
76.73% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 34.55 vs CTPZY: 59.76

Cia de Transmissao de Energia Eletrica Paulista had a gross margin of 55.04% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cia de Transmissao de Energia Eletrica Paulista was -4.00% per year.


Cia de Transmissao de Energia Eletrica Paulista Gross Margin % Historical Data

The historical data trend for Cia de Transmissao de Energia Eletrica Paulista'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.

Cia de Transmissao de Energia Eletrica Paulista Gross Margin % Chart

Cia de Transmissao de Energia Eletrica Paulista Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.23 71.42 69.27 74.48 60.17

Cia de Transmissao de Energia Eletrica Paulista Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 55.28 50.97 65.55 65.69 55.04

Competitive Comparison of Cia de Transmissao de Energia Eletrica Paulista's Gross Margin %

For the Utilities - Independent Power Producers subindustry, Cia de Transmissao de Energia Eletrica Paulista'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.


Cia de Transmissao de Energia Eletrica Paulista's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cia de Transmissao de Energia Eletrica Paulista's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cia de Transmissao de Energia Eletrica Paulista's Gross Margin % falls into.



Cia de Transmissao de Energia Eletrica Paulista Gross Margin % Calculation

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

Cia de Transmissao de Energia Eletrica Paulista's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=625.2 / 1039.114
=(Revenue - Cost of Goods Sold) / Revenue
=(1039.114 - 413.876) / 1039.114
=60.17 %

Cia de Transmissao de Energia Eletrica Paulista's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=165.2 / 300.182
=(Revenue - Cost of Goods Sold) / Revenue
=(300.182 - 134.96) / 300.182
=55.04 %

* 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.


Cia de Transmissao de Energia Eletrica Paulista  (OTCPK:CTPZY) 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

Cia de Transmissao de Energia Eletrica Paulista had a gross margin of 55.04% for the quarter that ended in Sep. 2023 => 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.


Cia de Transmissao de Energia Eletrica Paulista Gross Margin % Related Terms

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Cia de Transmissao de Energia Eletrica Paulista (Cia de Transmissao de Energia Eletrica Paulista) Business Description

Traded in Other Exchanges
Address
Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004
Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia de Transmissao de Energia Eletrica Paulista (Cia de Transmissao de Energia Eletrica Paulista) Headlines

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