Z Energy Ltd
ASX:ZEL
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| NZ |
Z
|
Z Energy Ltd
ASX:ZEL
|
1.8B AUD |
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|
|
| CA |
|
Enbridge Inc
TSX:ENB
|
149.5B CAD |
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|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
81.5B USD |
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|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
75.7B USD |
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|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
67.7B USD |
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|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
85.1B CAD |
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|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
61.2B USD |
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|
|
| US |
|
MPLX LP
NYSE:MPLX
|
57.2B USD |
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|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
51.4B USD |
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|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
46.2B USD |
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|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
44.2B USD |
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|
Market Distribution
| Min | -127.6% |
| 30th Percentile | 37.1% |
| Median | 51% |
| 70th Percentile | 64.7% |
| Max | 107.2% |
Other Profitability Ratios
Z Energy Ltd
Glance View
Z Energy Ltd, a prominent player in New Zealand's energy sector, has carved a significant niche in the fuel distribution industry. Born from the divestment of assets by global giants, it has grown into an influential business with a focus on retail fuel sales and convenience store operations. The company's primary revenue driver is the retail fuel market, where it operates an extensive network of service stations across the country. These stations not only sell petrol and diesel to everyday consumers and businesses but also house convenience stores, offering a broad range of food, beverages, and essential items. This dual approach leverages the constant consumer need for fuel and the growing trend of on-the-go purchasing behavior, creating a robust stream of income beyond just hydrocarbons. Moreover, Z Energy's operations are tightly interwoven with various sectors of New Zealand's economy. The company is involved from the importation and refining to the distribution and retailing of petroleum products. Their strategic partnerships and contracts allow them to supply fuel to a wide range of enterprises, including aviation and marine sectors. Furthermore, Z Energy is actively investing in renewable energy initiatives, acknowledging the global shift toward sustainability and the potential this holds for future profitability. By blending traditional energy practices with forward-thinking sustainability efforts, Z Energy remains a central figure in both meeting current energy demands and anticipating future trends in the industry.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
Over the last 3 years, Z Energy Ltd’s Gross Margin has decreased from 21.3% to 19.8%. During this period, it reached a low of 12.6% on Sep 30, 2020 and a high of 21.3% on Sep 30, 2018.