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Gibson Energy (TSX:GEI) Gross-Profit-to-Asset % : 9.20% (As of Mar. 2024)


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What is Gibson Energy Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Gibson Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$468 Mil. Gibson Energy's average Total Assets over the quarter that ended in Mar. 2024 was C$5,086 Mil. Therefore, Gibson Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.20%.


Gibson Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Gibson Energy's Gross-Profit-to-Asset % 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.

Gibson Energy Gross-Profit-to-Asset % Chart

Gibson Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.54 10.13 9.18 11.90 11.87

Gibson Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 18.03 10.86 10.41 10.48 9.20

Competitive Comparison of Gibson Energy's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, Gibson Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Gibson Energy's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gibson Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Gibson Energy's Gross-Profit-to-Asset % falls into.



Gibson Energy Gross-Profit-to-Asset % Calculation

Gibson Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=483.328/( (3194.998+4946.875)/ 2 )
=483.328/4070.9365
=11.87 %

Gibson Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=468.164/( (4946.875+5225.738)/ 2 )
=468.164/5086.3065
=9.20 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Gibson Energy Gross-Profit-to-Asset % Related Terms

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Gibson Energy (TSX:GEI) Business Description

Industry
Traded in Other Exchanges
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.
Executives
Sean Brown Senior Officer

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