The Connecticut Light & Power Co (The Connecticut Light & Power Co) Gross Margin % : 40.02% (As of Dec. 2019)

The Connecticut Light & Power Co Gross Margin % Chart

The Connecticut Light & Power Co Annual Data
	Trend	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Gross Margin %		Get a 7-Day Free Trial					62.38	49.73	50.37	48.27	46.25

The Connecticut Light & Power Co Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Gross Margin %	Get a 7-Day Free Trial															47.38	46.96	48.72	49.17	40.02

Competitive Comparison of The Connecticut Light & Power Co's Gross Margin %

For the Utilities - Regulated Electric subindustry, The Connecticut Light & Power 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.

The Connecticut Light & Power Co's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Connecticut Light & Power Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where The Connecticut Light & Power Co's Gross Margin % falls into.

The Connecticut Light & Power Co Gross Margin % Calculation

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

The Connecticut Light & Power Co's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

The Connecticut Light & Power Co's Gross Margin for the quarter that ended in Dec. 2019 is calculated as

* 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.

The Connecticut Light & Power Co  (OTCPK:CNLHN.PFD) 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

The Connecticut Light & Power Co had a gross margin of 40.02% for the quarter that ended in Dec. 2019 => 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.

The Connecticut Light & Power Co Gross Margin % Related Terms

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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description