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Afluente Transmissao de Energia Eletrica (BSP:AFLT3) Gross Margin % : 82.16% (As of Mar. 2024)


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What is Afluente Transmissao de Energia Eletrica Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Afluente Transmissao de Energia Eletrica's Gross Profit for the three months ended in Mar. 2024 was R$12.29 Mil. Afluente Transmissao de Energia Eletrica's Revenue for the three months ended in Mar. 2024 was R$14.96 Mil. Therefore, Afluente Transmissao de Energia Eletrica's Gross Margin % for the quarter that ended in Mar. 2024 was 82.16%.

Warning Sign:

Afluente Transmissao de Energia Eletrica SA gross margin has been in long-term decline. The average rate of decline per year is -3.9%.


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

BSP:AFLT3' s Gross Margin % Range Over the Past 10 Years
Min: 43.8   Med: 59.03   Max: 88.64
Current: 58.41


During the past 13 years, the highest Gross Margin % of Afluente Transmissao de Energia Eletrica was 88.64%. The lowest was 43.80%. And the median was 59.03%.

BSP:AFLT3's Gross Margin % is ranked better than
87.82% of 501 companies
in the Utilities - Regulated industry
Industry Median: 29.23 vs BSP:AFLT3: 58.41

Afluente Transmissao de Energia Eletrica had a gross margin of 82.16% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Afluente Transmissao de Energia Eletrica was -3.90% per year.


Afluente Transmissao de Energia Eletrica Gross Margin % Historical Data

The historical data trend for Afluente Transmissao de Energia Eletrica'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.

Afluente Transmissao de Energia Eletrica Gross Margin % Chart

Afluente Transmissao de Energia Eletrica 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 66.32 64.85 88.64 61.82 51.98

Afluente Transmissao de Energia Eletrica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 59.16 39.79 70.31 0.71 82.16

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

For the Utilities - Regulated Electric subindustry, Afluente Transmissao de Energia Eletrica'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.


Afluente Transmissao de Energia Eletrica's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Afluente Transmissao de Energia Eletrica's Gross Margin % distribution charts can be found below:

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



Afluente Transmissao de Energia Eletrica Gross Margin % Calculation

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

Afluente Transmissao de Energia Eletrica'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 )
=35 / 67.307
=(Revenue - Cost of Goods Sold) / Revenue
=(67.307 - 32.318) / 67.307
=51.98 %

Afluente Transmissao de Energia Eletrica's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=12.3 / 14.958
=(Revenue - Cost of Goods Sold) / Revenue
=(14.958 - 2.668) / 14.958
=82.16 %

* 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.


Afluente Transmissao de Energia Eletrica  (BSP:AFLT3) 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

Afluente Transmissao de Energia Eletrica had a gross margin of 82.16% for the quarter that ended in Mar. 2024 => 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.


Afluente Transmissao de Energia Eletrica Gross Margin % Related Terms

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Afluente Transmissao de Energia Eletrica (BSP:AFLT3) Business Description

Traded in Other Exchanges
N/A
Address
Praia Do Flamengo. 78 - 4º andar, Rio de Janeiro, RJ, BRA, 22210-030
Afluente Transmissao de Energia Eletrica SA operates in the electric power transmission industry. It is active in the study, planning, design, construction, operation, maintenance, and exploration of systems of electric power transmission. The firm operates transmission lines and sub-stations in Bahia, Brazil.

Afluente Transmissao de Energia Eletrica (BSP:AFLT3) Headlines

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