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Atlantic Power (Atlantic Power) Gross Margin % : 41.94% (As of Mar. 2021)


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What is Atlantic Power Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Atlantic Power's Gross Profit for the three months ended in Mar. 2021 was $30.2 Mil. Atlantic Power's Revenue for the three months ended in Mar. 2021 was $72.0 Mil. Therefore, Atlantic Power's Gross Margin % for the quarter that ended in Mar. 2021 was 41.94%.


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


AT's Gross Margin % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 35.86
* Ranked among companies with meaningful Gross Margin % only.

Atlantic Power had a gross margin of 41.94% for the quarter that ended in Mar. 2021 => Durable competitive advantage

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


Atlantic Power Gross Margin % Historical Data

The historical data trend for Atlantic Power'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.

Atlantic Power Gross Margin % Chart

Atlantic Power Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.20 54.97 44.00 46.98 41.03

Atlantic Power Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 44.64 41.73 40.64 37.10 41.94

Competitive Comparison of Atlantic Power's Gross Margin %

For the Utilities - Independent Power Producers subindustry, Atlantic Power'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.


Atlantic Power's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Atlantic Power's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Atlantic Power's Gross Margin % falls into.



Atlantic Power Gross Margin % Calculation

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

Atlantic Power's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=111.6 / 272
=(Revenue - Cost of Goods Sold) / Revenue
=(272 - 160.4) / 272
=41.03 %

Atlantic Power's Gross Margin for the quarter that ended in Mar. 2021 is calculated as


Gross Margin % (Q: Mar. 2021 )=Gross Profit (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=30.2 / 72
=(Revenue - Cost of Goods Sold) / Revenue
=(72 - 41.8) / 72
=41.94 %

* 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.


Atlantic Power  (NYSE:AT) 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

Atlantic Power had a gross margin of 41.94% for the quarter that ended in Mar. 2021 => 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.


Atlantic Power Gross Margin % Related Terms

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


Atlantic Power (Atlantic Power) Business Description

Traded in Other Exchanges
N/A
Address
3 Allied Drive, Suite 155, Dedham, MA, USA, 02026
Atlantic Power Corp is an independent power producer that owns power generation assets in the United States and Canada. Its power generation projects, which are diversified by geography, fuel type, dispatch profile, and offtaker, sell electricity to utilities and other large customers predominantly under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. It has four reportable segments: Solid Fuel, Natural Gas, Hydroelectric and Corporate. A vast majority of the revenues are generated from the natural gas segment.
Executives
Kevin Howell director 2220 MONUMENT AVENUE, RICHMOND VA 23220
R Foster Duncan director 139 E FOURTH ST, CINCINNATI OH 45202
Gilbert Samuel Palter director 37 MISTY CRESCENT TORONTO A6 MSB IT2
Danielle S Mottor director 870 WASHINGTON STREET HOLLISTON MA 01746
Terrence Ronan officer: Chief Financial Officer ONE FEDERAL STREET 30TH FLOOR BOSTON MA 02110
Joseph Cofelice officer: EVP Commercial Development
Moore James J Jr director, officer: Chief Executive Officer
Jeffrey S Levy officer: SVP, General Counsel 769 WEBSTER STREET NEEDHAM MA 02492
Irving Russell Gerstein director 200 CLARENDON STREET BOSTON MA 02116
Philip Daniel Rorabaugh officer: SVP, Asset Management 27 ASPEN AVE AUBURNDALE MA 02466
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Teresa Ressel director ON SEMICONDUCTOR C/O V. PECORA (MD A700), 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
John Alexander Mcneil director 200 CLARENDON STREET BOSTON MA 02116
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Paul Howard Rapisarda officer: EVP Commercial 151 SE 15TH ROAD, APT 1802, MIAMI FL 33129

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