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Centrus Energy (Centrus Energy) Gross Margin % : 48.07% (As of Dec. 2023)


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What is Centrus Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Centrus Energy's Gross Profit for the three months ended in Dec. 2023 was $49.8 Mil. Centrus Energy's Revenue for the three months ended in Dec. 2023 was $103.6 Mil. Therefore, Centrus Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 48.07%.


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

LEU' s Gross Margin % Range Over the Past 10 Years
Min: -9.27   Med: 15.99   Max: 40.13
Current: 35.01


During the past 13 years, the highest Gross Margin % of Centrus Energy was 40.13%. The lowest was -9.27%. And the median was 15.99%.

LEU's Gross Margin % is ranked better than
54.92% of 122 companies
in the Other Energy Sources industry
Industry Median: 31.225 vs LEU: 35.01

Centrus Energy had a gross margin of 48.07% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Centrus Energy was 0.00% per year.


Centrus Energy Gross Margin % Historical Data

The historical data trend for Centrus Energy'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.

Centrus Energy Gross Margin % Chart

Centrus Energy 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 15.50 39.48 38.38 40.13 35.01

Centrus Energy 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 38.35 34.38 28.46 22.03 48.07

Competitive Comparison of Centrus Energy's Gross Margin %

For the Uranium subindustry, Centrus Energy'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.


Centrus Energy's Gross Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Centrus Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Centrus Energy's Gross Margin % falls into.



Centrus Energy Gross Margin % Calculation

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

Centrus Energy'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 )
=112.1 / 320.2
=(Revenue - Cost of Goods Sold) / Revenue
=(320.2 - 208.1) / 320.2
=35.01 %

Centrus Energy'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 )
=49.8 / 103.6
=(Revenue - Cost of Goods Sold) / Revenue
=(103.6 - 53.8) / 103.6
=48.07 %

* 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.


Centrus Energy  (AMEX:LEU) 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

Centrus Energy had a gross margin of 48.07% 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.


Centrus Energy Gross Margin % Related Terms

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


Centrus Energy (Centrus Energy) Business Description

Traded in Other Exchanges
Address
6901 Rockledge Drive, Suite 800, Bethesda, MD, USA, 20817
Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides advanced engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue gets derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.
Executives
Morris Bawabeh 10 percent owner 15 OCEAN AVENUE, BROOKLYN NY 11225
Shahram Ghasemian officer: SVP, GC, CCO and Corp. Sec'y CENTRUS ENERGY CORP., 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Bradley J Sawatzke director CENTRUS ENERGY CORP., 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Kirkland H Donald director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Tina W Jonas director C/O PASSUR AEROSPACE, INC, ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Neil S Subin director 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
W T Jagodinski director 6415 THOMAS DRIVE, UNIT 1702, PANAMA CITY BEACH FL 32408
Mikel H Williams director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Dennis John Scott officer: VP,GEN COUNS, CCO & CORP SEC'Y 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Donelson John M A officer: V.P., Marketing and Sales 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Philip O Strawbridge officer: SVP, CFO, CAO & Treasurer 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Daniel B Poneman officer: Chief Strategic Officer 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Kevin J Harrill officer: Controller & CAO 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
John C Dorrian officer: Controller & Chief Acctg Ofcr. 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Larry B Cutlip officer: VP, FIELD OPERATIONS 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817