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Aboitiz Power (Aboitiz Power) Gross Profit : $1,008 Mil (TTM As of Mar. 2024)


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What is Aboitiz Power Gross Profit?

Aboitiz Power's gross profit for the three months ended in Mar. 2024 was $218 Mil. Aboitiz Power's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,008 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aboitiz Power's gross profit for the three months ended in Mar. 2024 was $218 Mil. Aboitiz Power's Revenue for the three months ended in Mar. 2024 was $777 Mil. Therefore, Aboitiz Power's Gross Margin % for the quarter that ended in Mar. 2024 was 28.11%.

Aboitiz Power had a gross margin of 28.11% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Aboitiz Power was 43.36%. The lowest was 26.54%. And the median was 38.69%.

Warning Sign:

Aboitiz Power Corp gross margin has been in long-term decline. The average rate of decline per year is -8.2%.


Aboitiz Power Gross Profit Historical Data

The historical data trend for Aboitiz Power's Gross Profit 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.

Aboitiz Power Gross Profit Chart

Aboitiz Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 801.88 795.57 836.79 886.06 993.37

Aboitiz Power Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 203.68 287.79 246.01 255.89 218.35

Competitive Comparison of Aboitiz Power's Gross Profit

For the Utilities - Regulated Electric subindustry, Aboitiz Power's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Aboitiz Power's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aboitiz Power's Gross Profit distribution charts can be found below:

* The bar in red indicates where Aboitiz Power's Gross Profit falls into.



Aboitiz Power Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Aboitiz Power's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3563.654 - 2570.284
=993

Aboitiz Power's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=776.782 - 558.429
=218

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,008 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Aboitiz Power'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=218 / 776.782
=28.11 %

* 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.


Aboitiz Power  (OTCPK:ABZPF) Gross Profit 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

Aboitiz Power had a gross margin of 28.11% for the quarter that ended in Mar. 2024 => Competition eroding margins


Aboitiz Power Gross Profit Related Terms

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Aboitiz Power (Aboitiz Power) Business Description

Traded in Other Exchanges
Address
NAC Tower, 32nd Street, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. most of Aboitiz Power's energy production comes from its non-renewable facilities. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of Aboitiz Power's income is derived from its power generation business, while a sizable portion also comes from its distribution segment. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.