Parkland Corp
TSX:PKI
Gross Margin
Parkland Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Parkland Corp
TSX:PKI
|
6.8B CAD |
13%
|
|
| IN |
|
Reliance Industries Ltd
NSE:RELIANCE
|
18.8T INR |
35%
|
|
| US |
|
Marathon Petroleum Corp
NYSE:MPC
|
54B USD |
9%
|
|
| US |
|
Phillips 66
NYSE:PSX
|
52B USD |
9%
|
|
| US |
|
Valero Energy Corp
NYSE:VLO
|
45B USD |
3%
|
|
| PL |
|
Polski Koncern Naftowy Orlen SA
WSE:PKN
|
96.5B PLN |
15%
|
|
| PL |
O
|
Orlen SA
PSE:PKN
|
563.1B CZK |
15%
|
|
| IN |
|
Indian Oil Corporation Ltd
NSE:IOC
|
2T INR |
12%
|
|
| IN |
|
Bharat Petroleum Corporation Ltd
NSE:BPCL
|
1.4T INR |
11%
|
|
| JP |
|
ENEOS Holdings Inc
TSE:5020
|
2.1T JPY |
9%
|
|
| TW |
|
Formosa Petrochemical Corp
TWSE:6505
|
384.8B TWD |
2%
|
Parkland Corp
Glance View
Parkland Corporation, a distinguished player in the fuel and convenience retail industry, stands out with its entrepreneurial spirit and strategic vision. With roots tracing back to its Canadian origins, Parkland has grown to become one of North America's and the Caribbean's largest independent marketers of fuel and petroleum products. This growth has been fueled by a series of calculated acquisitions and a deep understanding of the energy sector's dynamics. At the heart of Parkland's operations lies its robust network of retail, commercial, and wholesale channels, which enables the company to distribute an array of fuel products. Their retail locations, which include a diverse portfolio of well-known brands, cater to everyday consumers, providing both fuel and convenience store services, thus creating a loyal customer base and steady cash flow. The company's profitability and growth are intricately linked to its strategic integration of supply, trading, and refining capabilities. By owning and operating refining assets, Parkland ensures a seamless and cost-effective supply chain, which allows it to maintain competitive pricing and margin stability. Beyond traditional fuel services, Parkland is tapping into evolving market opportunities, such as renewable fuel products, showcasing its adaptability to changing energy needs. Additionally, the company's expansion into adjacent markets, like convenience store offerings, enhances its revenue streams and customer engagement. This combination of strategic acquisitions, strong supply chain management, and diversification efforts exemplifies how Parkland continues to thrive, undertaking steps to remain resilient amid the ever-evolving energy landscape.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Parkland Corp's most recent financial statements, the company has Gross Margin of 13.4%.
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