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Rogers Communications (TSX:RCI.B) Gross Margin %

: 43.66% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Rogers Communications's Gross Profit for the three months ended in Dec. 2023 was C$2,329 Mil. Rogers Communications's Revenue for the three months ended in Dec. 2023 was C$5,335 Mil. Therefore, Rogers Communications's Gross Margin % for the quarter that ended in Dec. 2023 was 43.66%.


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

TSX:RCI.B' s Gross Margin % Range Over the Past 10 Years
Min: 36.72   Med: 39.9   Max: 44.44
Current: 44.44


During the past 13 years, the highest Gross Margin % of Rogers Communications was 44.44%. The lowest was 36.72%. And the median was 39.90%.

TSX:RCI.B's Gross Margin % is ranked worse than
55.08% of 354 companies
in the Telecommunication Services industry
Industry Median: 48.98 vs TSX:RCI.B: 44.44

Rogers Communications had a gross margin of 43.66% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rogers Communications was 1.60% per year.


Rogers Communications Gross Margin % Historical Data

The historical data trend for Rogers Communications'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.

Rogers Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.21 42.09 40.17 41.52 44.44

Rogers Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.30 43.05 43.40 47.35 43.66

Competitive Comparison

For the Telecom Services subindustry, Rogers Communications'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.


Rogers Communications Gross Margin % Distribution

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

* The bar in red indicates where Rogers Communications's Gross Margin % falls into.



Rogers Communications Gross Margin % Calculation

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

Rogers Communications's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=8581 / 19308
=(Revenue - Cost of Goods Sold) / Revenue
=(19308 - 10727) / 19308
=44.44 %

Rogers Communications's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2329 / 5335
=(Revenue - Cost of Goods Sold) / Revenue
=(5335 - 3006) / 5335
=43.66 %

* 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.


Rogers Communications  (TSX:RCI.B) 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

Rogers Communications had a gross margin of 43.66% for the quarter that ended in Dec. 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.


Rogers Communications Gross Margin % Related Terms

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


Rogers Communications (TSX:RCI.B) Business Description

Traded in Other Exchanges
Address
333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.

Rogers Communications (TSX:RCI.B) Headlines

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