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Alexander & Baldwin (Alexander & Baldwin) Gross Margin % : 55.20% (As of Dec. 2023)


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What is Alexander & Baldwin Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alexander & Baldwin's Gross Profit for the three months ended in Dec. 2023 was $29.2 Mil. Alexander & Baldwin's Revenue for the three months ended in Dec. 2023 was $52.9 Mil. Therefore, Alexander & Baldwin's Gross Margin % for the quarter that ended in Dec. 2023 was 55.20%.


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

ALEX' s Gross Margin % Range Over the Past 10 Years
Min: 21.67   Med: 32.24   Max: 48.97
Current: 48.97


During the past 13 years, the highest Gross Margin % of Alexander & Baldwin was 48.97%. The lowest was 21.67%. And the median was 32.24%.

ALEX's Gross Margin % is ranked worse than
86.12% of 634 companies
in the REITs industry
Industry Median: 68.745 vs ALEX: 48.97

Alexander & Baldwin had a gross margin of 55.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Alexander & Baldwin was 9.80% per year.


Alexander & Baldwin Gross Margin % Historical Data

The historical data trend for Alexander & Baldwin'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.

Alexander & Baldwin Gross Margin % Chart

Alexander & Baldwin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.67 33.68 46.89 42.34 48.97

Alexander & Baldwin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 42.23 43.25 49.15 48.00 55.20

Competitive Comparison of Alexander & Baldwin's Gross Margin %

For the REIT - Retail subindustry, Alexander & Baldwin'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.


Alexander & Baldwin's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Alexander & Baldwin's Gross Margin % falls into.



Alexander & Baldwin Gross Margin % Calculation

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

Alexander & Baldwin's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=102.3 / 208.9
=(Revenue - Cost of Goods Sold) / Revenue
=(208.9 - 106.6) / 208.9
=48.97 %

Alexander & Baldwin'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 )
=29.2 / 52.9
=(Revenue - Cost of Goods Sold) / Revenue
=(52.9 - 23.7) / 52.9
=55.20 %

* 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.


Alexander & Baldwin  (NYSE:ALEX) 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

Alexander & Baldwin had a gross margin of 55.20% 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.


Alexander & Baldwin Gross Margin % Related Terms

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


Alexander & Baldwin (Alexander & Baldwin) Business Description

Traded in Other Exchanges
Address
822 Bishop Street, Post Office Box 3440, Honolulu, HI, USA, 96801
Alexander & Baldwin Inc operates in the real estate sector. It functions through two segments namely Commercial Real Estate and Land Operations The Commercial Real Estate segment owns and manages retail, industrial and office properties in Hawaii, thereby accounting for majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.
Executives
Kimura Shelee M.t. director C/O P.O. BOX 730, HONOLULU HI 96808
Jeffrey W Pauker officer: EVP, Chief Investment Officer 822 BISHOP STREET, HONOLULU HI 96813
Anthony J Tommasino officer: Principal accounting officer 822 BISHOP STREET, HONOLULU HI 96813
Derek T Kanehira officer: Senior Vice President 822 BISHOP STREET, HONOLULU HI 96813
Scott G Morita officer: Vice President & Corp Counsel 822 BISHOP STREET, HONOLULU HI 96813
Jerrod M Schreck officer: Exec VP; President of subsid. 822 BISHOP STREET, HONOLULU HI 96813
Chun Nelson N S director, officer: Sr. Vice Pres. & CLO 822 BISHOP STREET, HONOLULU HI 96813
John T Leong director 822 BISHOP STREET, HONOLULU HI 96813
Douglas M Pasquale director 245 FICHER AVE STE D-1, COSTA MESA CA 92626
Christopher J Benjamin officer: President of affiliate 822 BISHOP STREET, HONOLULU HI 96813
Robert S Harrison director 999 BISHOP STREET, HONOLULU HI 96813
Brett A Brown officer: CFO and Exec. Vice President C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Stanley M Kuriyama director, officer: Pres. & CEO 822 BISHOP ST., HONOLULU HI 96813
Doane W Allen Jr director 822 BISHOP ST., HONOLULU HI 96813
Diana Laing officer: Executive Vice President THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401