Woodside Energy Group (Woodside Energy Group) Gross Margin % : 44.69% (As of Dec. 2023)

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What is Woodside Energy Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Woodside Energy Group's Gross Profit for the six months ended in Dec. 2023 was $2,947 Mil. Woodside Energy Group's Revenue for the six months ended in Dec. 2023 was $6,594 Mil. Therefore, Woodside Energy Group's Gross Margin % for the quarter that ended in Dec. 2023 was 44.69%.

Warning Sign:

Woodside Energy Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.5%.

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

WDS' s Gross Margin % Range Over the Past 10 Years
Min: 17.08 Med: 72.79 Max: 80.4
Current: 46.27

During the past 13 years, the highest Gross Margin % of Woodside Energy Group was 80.40%. The lowest was 17.08%. And the median was 72.79%.

WDS's Gross Margin % is ranked better than
70.95% of 926 companies
in the Oil & Gas industry
Industry Median: 27.875 vs WDS: 46.27

Woodside Energy Group had a gross margin of 44.69% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Woodside Energy Group was -6.50% per year.

Woodside Energy Group Gross Margin % Historical Data

The historical data trend for Woodside Energy Group'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.

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Woodside Energy Group Gross Margin % Chart

Woodside Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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76.95

17.08

44.77

61.11

46.27

Woodside Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															48.18	61.48	60.92	47.68	44.69

Competitive Comparison of Woodside Energy Group's Gross Margin %

For the Oil & Gas E&P subindustry, Woodside Energy Group'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.

Woodside Energy Group's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Woodside Energy Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Woodside Energy Group's Gross Margin % falls into.

Woodside Energy Group Gross Margin % Calculation

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

Woodside Energy Group'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 )
	=	6475	/	13994
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(13994 - 7519)	/	13994
	=	46.27 %

Woodside Energy Group'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 )
	=	2947	/	6594
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6594 - 3647)	/	6594
	=	44.69 %

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.

Woodside Energy Group (NYSE:WDS) 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

Woodside Energy Group had a gross margin of 44.69% for the quarter that ended in Dec. 2023 => 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.

Woodside Energy Group Gross Margin % Related Terms

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Woodside Energy Group (Woodside Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Woodside Energy Group Ltd (NYSE:WDS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

WOPEF:USA WDSl:UK WDS:UK WOP0:Germany WDS:Australia

Address

11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000

Website

https://www.woodside.com.au

Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.