Telecom Argentina (TEO) Gross Margin (2009 - 2024)
Telecom Argentina (TEO) reported Gross Margin of 49.18% for the quarter ended Jun 30, 2024, up 22.82 percentage points from 26.36% a year earlier.
Telecom Argentina (TEO) Gross Margin (2009 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Telecom Argentina's Gross Margin came in at 110.14%, up 34.32 percentage points year-over-year; for the year ended Dec 31, 2023, it came in at 74.91%, down 16.32 percentage points from the prior year.
- Gross Margin has a five-year change of +18.11 percentage points (years ended Dec 2018 to Dec 2023).
- By year, Gross Margin came in at 91.23% in the year ended Dec 31, 2022 (-3.14 pp), 94.37% in the year ended Dec 31, 2021 (+16.78 pp), 77.59% in the year ended Dec 31, 2020 (+10.43 pp) and 67.16% in the year ended Dec 31, 2019 (+10.36 pp).
- The figure for the quarter ended Jun 30, 2024 ranks as the highest quarterly Gross Margin since the quarter ended Dec 31, 2022.
- The high point for year-over-year Gross Margin in five years was the quarter ended Sep 30, 2022 (a gain of 110.20 percentage points); the low point was the quarter ended Mar 31, 2022 (a drop of 31978734.25 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.08 Bn | 155.48 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 175.17 Bn | 159.92 Bn | 14.76 Bn | 64.75% |
| 3 | At&T | 167.81 Bn | 115.76 Bn | 25.82 Bn | 81.81% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 38.75% |
| 5 | Comcast | 76.40 Bn | 40.65 Bn | - | - |
| 6 | Chunghwa Telecom | 35.35 Bn | 31.20 Bn | 728.80 Mn | 37.54% |
| 7 | EchoStar | 26.08 Bn | 17.22 Bn | 1.65 Bn | 46.08% |
| 8 | AST SpaceMobile | 23.11 Bn | 23.62 Bn | 7.95 Mn | 25.23% |
| 9 | Bce | 18.79 Bn | 17.12 Bn | - | - |
| 10 | Telecom Argentina | 5.24 Bn | 5,485.56 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 49.18% |
| Jun 30, 2023 | 26.36% |
| Dec 31, 2022 | 101.75% |
| Sep 30, 2022 | 4.93% |
| Jun 30, 2022 | 26.10% |
| Mar 31, 2022 | -31,978,697.85% |
| Dec 31, 2021 | 31.20% |
| Sep 30, 2021 | -105.27% |
| Jun 30, 2021 | -34.30% |
| Mar 31, 2021 | 36.40% |
| Dec 31, 2020 | 47.31% |
| Sep 30, 2020 | 86.11% |
| Jun 30, 2020 | 37.90% |
| Mar 31, 2020 | 35.09% |
| Dec 31, 2019 | 55.29% |
| Sep 30, 2019 | 32.77% |
| Jun 30, 2019 | 33.60% |
| Mar 31, 2019 | 52.81% |
| Dec 31, 2011 | 185.17% |
| Sep 30, 2011 | -47.66% |
Telecom Argentina Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TEO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TEO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TEO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();