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Stockland (Stockland) Gross Margin % : 47.43% (As of Dec. 2023)


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What is Stockland Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Stockland's Gross Profit for the six months ended in Dec. 2023 was $297 Mil. Stockland's Revenue for the six months ended in Dec. 2023 was $625 Mil. Therefore, Stockland's Gross Margin % for the quarter that ended in Dec. 2023 was 47.43%.


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

STKAF' s Gross Margin % Range Over the Past 10 Years
Min: 38.11   Med: 41.44   Max: 43.84
Current: 43.84


During the past 13 years, the highest Gross Margin % of Stockland was 43.84%. The lowest was 38.11%. And the median was 41.44%.

STKAF's Gross Margin % is ranked worse than
89.19% of 629 companies
in the REITs industry
Industry Median: 68.8 vs STKAF: 43.84

Stockland had a gross margin of 47.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Stockland Gross Margin % Historical Data

The historical data trend for Stockland'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.

Stockland Gross Margin % Chart

Stockland Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.08 41.87 39.16 38.11 42.41

Stockland Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 40.15 36.62 43.27 41.82 47.43

Competitive Comparison of Stockland's Gross Margin %

For the REIT - Diversified subindustry, Stockland'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.


Stockland's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Stockland's Gross Margin % falls into.



Stockland Gross Margin % Calculation

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

Stockland's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=799.3 / 1884.564
=(Revenue - Cost of Goods Sold) / Revenue
=(1884.564 - 1085.235) / 1884.564
=42.41 %

Stockland's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=296.5 / 625.167
=(Revenue - Cost of Goods Sold) / Revenue
=(625.167 - 328.648) / 625.167
=47.43 %

* 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.


Stockland  (OTCPK:STKAF) 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

Stockland had a gross margin of 47.43% for the quarter that ended in Dec. 2023 => 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.


Stockland Gross Margin % Related Terms

Thank you for viewing the detailed overview of Stockland's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Stockland (Stockland) Business Description

Traded in Other Exchanges
Address
133 Castlereagh Street, Level 25, Sydney, NSW, AUS, 2000
Stockland is Australia's largest housing developer, and this division generates about a third of the group's funds-from-operations. Nearly two thirds comes from commercial property, about half of which is retail. It also has a growing land-lease business. The mix is evolving. Earnings from the residential development division are volatile though we expect volumes and margins to improve over the next five years, after a challenging 2023 where interest rate rises caused house price falls. In commercial property the group is trimming retail and adding office and industrial via acquisitions and developments. Stockland-stapled securities comprise one share in the corporation that largely operates developments and one unit in a trust that holds the property portfolio.

Stockland (Stockland) Headlines

From GuruFocus

Stockland Stock Appears To Be Fairly Valued

By GF Value GF Value 05-18-2021