Technip Energies NV (XPAR:TE) COGS-to-Revenue : 0.84 (As of Dec. 2023)

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What is Technip Energies NV COGS-to-Revenue?

Technip Energies NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,667 Mil. Its Revenue for the six months ended in Dec. 2023 was €3,173 Mil.

Technip Energies NV's COGS to Revenue for the six months ended in Dec. 2023 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Technip Energies NV's Gross Margin % for the six months ended in Dec. 2023 was 15.95%.

Technip Energies NV COGS-to-Revenue Historical Data

The historical data trend for Technip Energies NV's COGS-to-Revenue 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.

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Technip Energies NV COGS-to-Revenue Chart

Technip Energies NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.78

0.82

0.86

0.85

Technip Energies NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial							0.86	0.86	0.86	0.85	0.84

Technip Energies NV COGS-to-Revenue Calculation

Technip Energies NV's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5080.4	/	6003.6
	=	0.85

Technip Energies NV's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2667.1	/	3173.3
	=	0.84

Technip Energies NV (XPAR:TE) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Technip Energies NV's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2667.1 / 3173.3
	=	15.95 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Technip Energies NV (XPAR:TE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Technip Energies NV (XPAR:TE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

THNPY:USA THNPF:USA TEp:UK 68F:Germany

Address

2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741

Website

https://www.technipenergies.com

Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Substantial revenue is derived from the Project Delivery segment.