CPFL Energia (BSP:CPFE3) Gross Margin % : -88.08% (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is CPFL Energia Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CPFL Energia's Gross Profit for the three months ended in Dec. 2023 was R$-9,283 Mil. CPFL Energia's Revenue for the three months ended in Dec. 2023 was R$10,540 Mil. Therefore, CPFL Energia's Gross Margin % for the quarter that ended in Dec. 2023 was -88.08%.

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

BSP:CPFE3' s Gross Margin % Range Over the Past 10 Years
Min: 12.81 Med: 22.47 Max: 34.33
Current: 12.81

During the past 13 years, the highest Gross Margin % of CPFL Energia was 34.33%. The lowest was 12.81%. And the median was 22.47%.

BSP:CPFE3's Gross Margin % is ranked worse than
81.71% of 503 companies
in the Utilities - Regulated industry
Industry Median: 28.6 vs BSP:CPFE3: 12.81

CPFL Energia had a gross margin of -88.08% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CPFL Energia was 10.70% per year.

CPFL Energia Gross Margin % Historical Data

The historical data trend for CPFL Energia'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.

CPFL Energia Gross Margin % Chart

CPFL Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

21.97

22.40

23.61

30.08

34.33

CPFL Energia 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															-93.04	35.82	32.30	78.35	-88.08

Competitive Comparison of CPFL Energia's Gross Margin %

For the Utilities - Regulated Electric subindustry, CPFL Energia'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.

CPFL Energia's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CPFL Energia's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CPFL Energia's Gross Margin % falls into.

CPFL Energia Gross Margin % Calculation

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

CPFL Energia'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 )
	=	13642.1	/	39743.191
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(39743.191 - 26101.1)	/	39743.191
	=	34.33 %

CPFL Energia'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 )
	=	-9283.3	/	10540.063
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(10540.063 - 19823.344)	/	10540.063
	=	-88.08 %

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.

CPFL Energia (BSP:CPFE3) 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

CPFL Energia had a gross margin of -88.08% for the quarter that ended in Dec. 2023 => No sustainable 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.

CPFL Energia Gross Margin % Related Terms

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

CPFL Energia (BSP:CPFE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CPFL Energia SA (BSP:CPFE3) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Jorge Figueiredo Corrêa, No 1.632, Jardim Professora Tarcília, Campinas, Sao Paulo, SP, BRA, 13087-397

Website

https://www.cpfl.com.br

CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.

CPFL Energia (BSP:CPFE3) Headlines

No Headlines