Big Sky Industrial (BSIN) Gross Margin (2010 - 2023)
Big Sky Industrial (BSIN) posted Gross Margin of 51.4% for Q2 2023, up 13.42% sequentially from 45.32% in Q1 2023, and down 1413.0% YoY from 3.91% in Q2 2022.
Big Sky Industrial (BSIN) Gross Margin (2010 - 2023) Analysis & Trends
Big Sky Industrial has reported Gross Margin for 10 years, with the latest figure at 51.4% in Q2 2023.
- Quarterly Gross Margin fell 1413.0% year-over-year to 51.4% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 52.51% (down 1399.0% YoY) and the FY2022 annual result came in at 61.3%, down 233.0% from the prior year.
- Gross Margin improved to 51.4% in Q2 2023 per BSIN's latest filing, from 45.32% in the prior quarter.
- Over five years, Gross Margin peaked at 71.2% in Q2 2021 and troughed at 27.68% in Q3 2020.
- A 4-year average of 55.08% and a median of 55.66% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2023: Gross Margin soared 3947 bps in 2021, then plunged 2385 bps in 2023.
- Over 4 years, Gross Margin stood at 38.43% in 2020, then jumped by 58 bps to 60.64% in 2021, then decreased by 7 bps to 56.66% in 2022, then retreated by 9 bps to 51.4% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 51.4%, 45.32%, and 56.66% for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.35 Bn | 155.66 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.43 Bn | 104.54 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.03 Bn | 75.13 Bn | - | - |
| 4 | Diamondback Energy | 59.17 Bn | 58.71 Bn | 5.55 Bn | 99.84% |
| 5 | Woodside Energy | 46.08 Bn | 40.14 Bn | 6.02 Bn | 91.41% |
| 6 | Devon Energy | 46.06 Bn | 45.05 Bn | 6.02 Bn | 81.22% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.92 Bn | 33.80 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 26.32 Bn | 26.07 Bn | - | - |
| 10 | Big Sky Industrial | 73.09 Mn | 66.95 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 51.40% |
| Mar 31, 2023 | 45.32% |
| Dec 31, 2022 | 56.66% |
| Sep 30, 2022 | 54.66% |
| Jun 30, 2022 | 65.53% |
| Mar 31, 2022 | 69.17% |
| Dec 31, 2021 | 60.64% |
| Sep 30, 2021 | 67.15% |
| Jun 30, 2021 | 71.20% |
| Mar 31, 2021 | 53.10% |
| Dec 31, 2020 | 38.43% |
| Sep 30, 2020 | 27.68% |
| Sep 30, 2015 | 86.08% |
| Jun 30, 2015 | 91.41% |
| Mar 31, 2015 | 88.99% |
| Dec 31, 2014 | 96.72% |
| Sep 30, 2014 | 94.94% |
| Jun 30, 2014 | 97.42% |
| Mar 31, 2014 | 96.04% |
| Dec 31, 2013 | 96.83% |