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Southwestern Energy Co (Southwestern Energy Co) Gross Margin % : 42.91% (As of Dec. 2023)


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What is Southwestern Energy Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Southwestern Energy Co's Gross Profit for the three months ended in Dec. 2023 was $726 Mil. Southwestern Energy Co's Revenue for the three months ended in Dec. 2023 was $1,692 Mil. Therefore, Southwestern Energy Co's Gross Margin % for the quarter that ended in Dec. 2023 was 42.91%.


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

SWN' s Gross Margin % Range Over the Past 10 Years
Min: 37.98   Med: 49.52   Max: 62.9
Current: 44.22


During the past 13 years, the highest Gross Margin % of Southwestern Energy Co was 62.90%. The lowest was 37.98%. And the median was 49.52%.

SWN's Gross Margin % is ranked better than
68.86% of 925 companies
in the Oil & Gas industry
Industry Median: 27.87 vs SWN: 44.22

Southwestern Energy Co had a gross margin of 42.91% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Southwestern Energy Co was 1.90% per year.


Southwestern Energy Co Gross Margin % Historical Data

The historical data trend for Southwestern Energy Co'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.

Southwestern Energy Co Gross Margin % Chart

Southwestern Energy Co 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 41.05 43.54 62.46 62.90 44.22

Southwestern Energy Co 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 60.38 53.73 36.25 38.81 42.91

Competitive Comparison of Southwestern Energy Co's Gross Margin %

For the Oil & Gas E&P subindustry, Southwestern Energy Co'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.


Southwestern Energy Co's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southwestern Energy Co's Gross Margin % distribution charts can be found below:

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



Southwestern Energy Co Gross Margin % Calculation

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

Southwestern Energy Co'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 )
=2884 / 6522
=(Revenue - Cost of Goods Sold) / Revenue
=(6522 - 3638) / 6522
=44.22 %

Southwestern Energy Co'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 )
=726 / 1692
=(Revenue - Cost of Goods Sold) / Revenue
=(1692 - 966) / 1692
=42.91 %

* 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.


Southwestern Energy Co  (NYSE:SWN) 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

Southwestern Energy Co had a gross margin of 42.91% 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.


Southwestern Energy Co Gross Margin % Related Terms

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


Southwestern Energy Co (Southwestern Energy Co) Business Description

Traded in Other Exchanges
Address
10000 Energy Drive, Spring, TX, USA, 77389
Southwestern Energy Co is a us-based independent energy company. It is engaged in exploration, development and production activities, including related natural gas gathering and marketing. The company principally carries its business activities in the United States. The operating segments of the company are the Exploration and Production and Marketing segment. Its Exploration and Production segment is the key revenue driver for the company which includes the revenue derived from the production and sale of natural gas and liquids. The Marketing segment generates revenue through the marketing of both the company and third-party produced natural gas and liquids volumes and through gathering fees associated with the transportation of natural gas to market.
Executives
Shameek Konar director CONSTELLATION ENERGY GROUP, INC., 100 CONSTELLATION WAY, SUITE 1800P, BALTIMORE MD 21202
Dennis Price officer: SVP - Mktg, Trans & Comm 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Carl Fredrick Giesler officer: Executive Vice President & CFO 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Gregory D Kerley officer: Executive VP and CFO 10000 ENERGY DRIVE, SPRING TX 77389
Andrew T Huggins officer: VP, Business and Comm Dev 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
John P Kelly officer: SVP and Division Head 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Derek W Cutright officer: SVP and Division Head 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
William Q Dyson officer: SVP - Operations Services 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Carina L Gillenwater officer: VP, Human Resources and Admin 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Christopher W Lacy officer: VP-General Counsel & Secretary 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Michael E Hancock officer: Vice President and Interim CFO 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Johnson S P Iv director 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Richard Jason Kurtz officer: Vice President 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391
Julian Mark Bott officer: EVP 625 LIBERTY AVENUE, C/O EQT MIDSTREAM PARTNERS, PITTSBURGH PA 15222
William J Way officer: Executive VP and COO 2350 N SAM HOUSTON PARKWAY EAST, SUITE 125, HOUSTON TX 77032