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OGFGY (Origin Energy) Gross Margin % : 16.47% (As of Jun. 2024)


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What is Origin Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Origin Energy's Gross Profit for the six months ended in Jun. 2024 was $873 Mil. Origin Energy's Revenue for the six months ended in Jun. 2024 was $5,299 Mil. Therefore, Origin Energy's Gross Margin % for the quarter that ended in Jun. 2024 was 16.47%.

Warning Sign:

Origin Energy Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


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

OGFGY' s Gross Margin % Range Over the Past 10 Years
Min: 6.92   Med: 17.88   Max: 27.22
Current: 19.69


During the past 13 years, the highest Gross Margin % of Origin Energy was 27.22%. The lowest was 6.92%. And the median was 17.88%.

OGFGY's Gross Margin % is ranked worse than
67.21% of 491 companies
in the Utilities - Regulated industry
Industry Median: 30 vs OGFGY: 19.69

Origin Energy had a gross margin of 16.47% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Origin Energy was -3.20% per year.


Origin Energy Gross Margin % Historical Data

The historical data trend for Origin Energy'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.

Origin Energy Gross Margin % Chart

Origin Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.99 13.63 6.92 11.53 19.69

Origin Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4.95 6.44 17.39 22.91 16.47

Competitive Comparison of Origin Energy's Gross Margin %

For the Utilities - Diversified subindustry, Origin Energy'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.


Origin Energy's Gross Margin % Distribution in the Utilities - Regulated Industry

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

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



Origin Energy Gross Margin % Calculation

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

Origin Energy's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=2089 / 10608.234
=(Revenue - Cost of Goods Sold) / Revenue
=(10608.234 - 8519.257) / 10608.234
=19.69 %

Origin Energy's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=872.5 / 5298.805
=(Revenue - Cost of Goods Sold) / Revenue
=(5298.805 - 4426.295) / 5298.805
=16.47 %

* 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.


Origin Energy  (OTCPK:OGFGY) 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

Origin Energy had a gross margin of 16.47% for the quarter that ended in Jun. 2024 => 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.


Origin Energy Gross Margin % Related Terms

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Origin Energy Business Description

Traded in Other Exchanges
Address
100 Barangaroo Avenue, Level 32, Tower 1, Barangaroo, Sydney, NSW, AUS, 2000
Origin Energy is a major vertically integrated Australian energy utility. Its energy retailing business is the largest in Australia, with about 4 million customers and a 33% market share. Its portfolio of base-load, intermediate, and peaking electricity plants is one of the largest in the national electricity market, with a capacity of 6,000 megawatts. Origin also operates and owns 27.5% of Australia Pacific LNG, which owns large coal seam gas fields and LNG export facilities in Queensland.

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