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Great Portland Estates (FRA:G9KB) Gross Margin % : 64.44% (As of Mar. 2024)


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What is Great Portland Estates Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Great Portland Estates's Gross Profit for the six months ended in Mar. 2024 was €36.0 Mil. Great Portland Estates's Revenue for the six months ended in Mar. 2024 was €55.9 Mil. Therefore, Great Portland Estates's Gross Margin % for the quarter that ended in Mar. 2024 was 64.44%.


The historical rank and industry rank for Great Portland Estates's Gross Margin % or its related term are showing as below:

FRA:G9KB' s Gross Margin % Range Over the Past 10 Years
Min: 25.15   Med: 64.84   Max: 72.78
Current: 65.09


During the past 13 years, the highest Gross Margin % of Great Portland Estates was 72.78%. The lowest was 25.15%. And the median was 64.84%.

FRA:G9KB's Gross Margin % is ranked worse than
62.28% of 631 companies
in the REITs industry
Industry Median: 68.98 vs FRA:G9KB: 65.09

Great Portland Estates had a gross margin of 64.44% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Great Portland Estates was 0.80% per year.


Great Portland Estates Gross Margin % Historical Data

The historical data trend for Great Portland Estates's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Great Portland Estates Gross Margin % Chart

Great Portland Estates Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.78 71.98 63.78 64.58 65.09

Great Portland Estates Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.48 67.59 61.84 65.76 64.44

Competitive Comparison of Great Portland Estates's Gross Margin %

For the REIT - Office subindustry, Great Portland Estates's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Great Portland Estates's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Great Portland Estates's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Great Portland Estates's Gross Margin % falls into.



Great Portland Estates Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Great Portland Estates's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=72.6 / 111.522
=(Revenue - Cost of Goods Sold) / Revenue
=(111.522 - 38.927) / 111.522
=65.09 %

Great Portland Estates's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=36 / 55.878
=(Revenue - Cost of Goods Sold) / Revenue
=(55.878 - 19.873) / 55.878
=64.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Great Portland Estates  (FRA:G9KB) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Great Portland Estates had a gross margin of 64.44% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Great Portland Estates Gross Margin % Related Terms

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Great Portland Estates (FRA:G9KB) Business Description

Traded in Other Exchanges
Address
33 Cavendish Square, London, GBR, W1G 0PW
Great Portland Estates PLC, or GPE, is a real estate investment trust involved in the ownership and development of commercial property in central London. GPE invests in and redevelops London real estate. The company generates revenue from these assets through long-term lease agreements. Income is also derived from the management of other development projects. The majority of the company's real estate portfolio is comprised of office space, while retail locations also make up a significant percentage. Almost half of GPE's properties are located in the North of Oxford Street area. London's West End is home to a substantial share as well. GPE's tenants are primarily divided between retail & leisure shops; technology, media, & telecom companies; and professional & business services firms.

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