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Lending & Credit Risk

Where does your money go at the gas pump?

Sageworks
May 20, 2011
Read Time: 0 min

Our data shows that the net profit margin of gas stations has been increasing each year for the past four years.  The net profit margin was 0.96% in 2007, 1.24% in 2008, 1.63% in 2009, and 2.70% in 2010. A common misconception, however, is that the gas station owners receive a hefty profit from increasing gas prices. The graphic below displays the breakdown of how your money is actually distributed every time you fill up at the pump.

 

About the Author

Sageworks

Raleigh, N.C.-based Sageworks, a leading provider of lending, credit risk, and portfolio risk software that enables banks and credit unions to efficiently grow and improve the borrower experience, was founded in 1998. Using its platform, Sageworks analyzed over 11.5 million loans, aggregated the corresponding loan data, and created the largest

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About Abrigo

Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth.

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