Comstock Holding Co (Comstock Holding Co) Gross Margin % : 23.03% (As of Dec. 2023)

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What is Comstock Holding Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Comstock Holding Co's Gross Profit for the three months ended in Dec. 2023 was $2.54 Mil. Comstock Holding Co's Revenue for the three months ended in Dec. 2023 was $11.02 Mil. Therefore, Comstock Holding Co's Gross Margin % for the quarter that ended in Dec. 2023 was 23.03%.

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

CHCI' s Gross Margin % Range Over the Past 10 Years
Min: 5.61 Med: 17.17 Max: 26.12
Current: 26.12

During the past 13 years, the highest Gross Margin % of Comstock Holding Co was 26.12%. The lowest was 5.61%. And the median was 17.17%.

CHCI's Gross Margin % is ranked worse than
65.64% of 1653 companies
in the Real Estate industry
Industry Median: 36.8 vs CHCI: 26.12

Comstock Holding Co had a gross margin of 23.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Comstock Holding Co was 26.20% per year.

Comstock Holding Co Gross Margin % Historical Data

The historical data trend for Comstock Holding Co'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.

Comstock Holding Co Gross Margin % Chart

Comstock Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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16.37

17.97

20.72

25.29

26.12

Comstock Holding Co 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															21.96	19.00	14.34	40.84	23.03

Competitive Comparison of Comstock Holding Co's Gross Margin %

For the Real Estate - Diversified subindustry, Comstock Holding Co'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.

Comstock Holding Co's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Comstock Holding Co's Gross Margin % falls into.

Comstock Holding Co Gross Margin % Calculation

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

Comstock Holding Co'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 )
	=	11.7	/	44.721
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(44.721 - 33.04)	/	44.721
	=	26.12 %

Comstock Holding Co'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 )
	=	2.5	/	11.016
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11.016 - 8.479)	/	11.016
	=	23.03 %

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.

Comstock Holding Co (NAS:CHCI) 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

Comstock Holding Co had a gross margin of 23.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Comstock Holding Co Gross Margin % Related Terms

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Comstock Holding Co (Comstock Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Comstock Holding Co Inc (NAS:CHCI) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

CHO1:Germany

Address

1900 Reston Metro Plaza, 10th Floor, Reston, VA, USA, 20190

Website

https://www.comstockcompanies.com

Comstock Holding Co Inc is a developer and manager of mixed-use and transit-oriented properties with operations that are majorly focused on the Washington, D.C. metropolitan area. It provides a broad range of asset management services to customers and partners, composed primarily of private and institutional owners, investors in commercial, residential, and mixed-use real estate, and various governmental bodies seeking to leverage the potential of public-private partnerships.

Executives

David Peter Paul	director	C/O JBG/OPERATING PARTNERS, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Thomas Joseph Holly	director	1900 RESTON METRO PLAZA, 10TH FLOOR, RESTON VA 20190
Dwight C Schar	10 percent owner	C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
Ivy Zelman	director	9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
James A Maccutcheon	director	10770 COLUMBIA PIKE, SILVER SPRING MD 20901
Joseph M Squeri	director	11465 SUNSET HILLS ROAD, 4TH FLOOR, RESTON VA 20190
David M Guernsey	director	12414 CLIFTON HUNT DRIVE, CLIFTON VA 20124
Timothy Steffan	officer: EVP, Asset Management	1886 METRO CENTER DR, 4TH FLOOR, RESTON VA 20190
54, L.c. Fr	10 percent owner	1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Comstock Development Services, L.c.	10 percent owner	1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Stonehenge Funding, L.c.	10 percent owner	1886 METRO CENTER DRIVE, FOURTH FLOOR, RESTON VA 20190
Christopher Michael Guthrie	officer: Chief Financial Officer	1886 METRO CENTER DRIVE, 4TH FLOOR, RESTON VA 20190
Christopher Clemente	director, 10 percent owner, officer: Chairman and CEO	11465 SUNSET HILLS ROAD, SUITE 510, RESTON VA 20910
Robert P Pincus	director
Jubal R Thompson	other: Secretary	11465 SUNSET HILLS ROAD, SUITE 400, RESTON VA 20190