The gross profit growth measures a company’s gross profit year-over-year growth. The formula to calculate gross profit growth and an example calculation for Emera’s trailing twelve months is outlined below:
Gross Profit Growth = (Current Year - Prior Year) / ABS(Prior Year Gross Profit)*
−11.5% = (C$2.905 B - C$3.284 B) / C$3.284 B
*ABS = An absolute value adjustment is used to ensure the direction of growth of negative numbers is reflected
The tables below summarizes Emera’s performance over the last five years:
| Fiscal Year | Gross Profit | Growth |
|---|
| 2020-12-31 | 2.381 B | −9.2% |
| 2021-12-31 | 2.17 B | −8.9% |
| 2022-12-31 | 3.028 B | 39.5% |
| 2023-12-31 | 3.284 B | 8.5% |
| 2024-12-31 | 2.905 B | −11.5% |
The tables below summarizes Emera’s performance over the last four quarters:
| Quarter Ending | Gross Profit | Growth |
|---|
| 2024-03-31 | 826 M | −34.0% |
| 2024-06-30 | 587 M | 19.1% |
| 2024-09-30 | 840 M | 28.2% |
| 2024-12-31 | 652 M | −26.2% |
Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. Emera’s reports in the CAD currency. You can read more about Gross Profit here.
Click the link below to download a spreadsheet with an example FCF / OCF calculation for Emera Incorporated below: