Centuri Holdings's gross profit for the
three
months ended in Mar. 2024 was $13.3 Mil. Centuri Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $13.3 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Centuri Holdings's gross profit for the
three
months ended in Mar. 2024 was $13.3 Mil. Centuri Holdings's Revenue for the
three
months ended in Mar. 2024 was $528.0 Mil. Therefore, Centuri Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 2.51%.
Centuri Holdings had a gross margin of 2.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
During the past 4 years, the highestGross Margin % of Centuri Holdings was 10.98%. The lowest was 2.52%. And the median was 9.53%.
Centuri Holdings Gross Profit Historical Data
The historical data trend for Centuri Holdings's Gross Profit 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.
Competitive Comparison of Centuri Holdings's Gross Profit
For the Utilities - Regulated Gas subindustry, Centuri Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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.
Centuri Holdings's Gross Profit Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Centuri Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Centuri Holdings's Gross Profit falls into.
Centuri Holdings Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Centuri Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.3 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Centuri Holdings had a gross margin of 2.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
Centuri Holdings Gross Profit Related Terms
Thank you for viewing the detailed overview of Centuri Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Centuri Holdings (Centuri Holdings) Business Description
Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.
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