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Maui Land & Pineapple Co (Maui Land & Pineapple Co) Gross Margin % : 52.41% (As of Dec. 2023)


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What is Maui Land & Pineapple Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Maui Land & Pineapple Co's Gross Profit for the three months ended in Dec. 2023 was $2.12 Mil. Maui Land & Pineapple Co's Revenue for the three months ended in Dec. 2023 was $4.04 Mil. Therefore, Maui Land & Pineapple Co's Gross Margin % for the quarter that ended in Dec. 2023 was 52.41%.


The historical rank and industry rank for Maui Land & Pineapple Co's Gross Margin % or its related term are showing as below:

MLP' s Gross Margin % Range Over the Past 10 Years
Min: 21.94   Med: 60.14   Max: 74.93
Current: 40.01


During the past 13 years, the highest Gross Margin % of Maui Land & Pineapple Co was 74.93%. The lowest was 21.94%. And the median was 60.14%.

MLP's Gross Margin % is ranked better than
53.81% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs MLP: 40.01

Maui Land & Pineapple Co had a gross margin of 52.41% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Maui Land & Pineapple Co was 14.30% per year.


Maui Land & Pineapple Co Gross Margin % Historical Data

The historical data trend for Maui Land & Pineapple 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.

Maui Land & Pineapple Co Gross Margin % Chart

Maui Land & Pineapple Co 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 45.81 37.32 54.99 70.56 40.02

Maui Land & Pineapple 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 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 31.89 37.95 29.72 30.51 52.41

Competitive Comparison of Maui Land & Pineapple Co's Gross Margin %

For the Real Estate Services subindustry, Maui Land & Pineapple 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.


Maui Land & Pineapple Co's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Maui Land & Pineapple Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Maui Land & Pineapple Co's Gross Margin % falls into.



Maui Land & Pineapple Co Gross Margin % Calculation

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

Maui Land & Pineapple 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 )
=4.4 / 10.915
=(Revenue - Cost of Goods Sold) / Revenue
=(10.915 - 6.547) / 10.915
=40.02 %

Maui Land & Pineapple 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 )
=2.1 / 4.043
=(Revenue - Cost of Goods Sold) / Revenue
=(4.043 - 1.924) / 4.043
=52.41 %

* 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.


Maui Land & Pineapple Co  (NYSE:MLP) 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

Maui Land & Pineapple Co had a gross margin of 52.41% 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.


Maui Land & Pineapple Co Gross Margin % Related Terms

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


Maui Land & Pineapple Co (Maui Land & Pineapple Co) Business Description

Traded in Other Exchanges
N/A
Address
200 Village Road, Lahaina, Maui, HI, USA, 96761
Maui Land & Pineapple Co Inc is a landholding and operating company. ML&P owns, develops, sells, and manages residential, resort, commercial, agricultural, and industrial real estate. It operates in three segments: Real Estate, which includes the development and sale of real estate inventory; Leasing operations include residential, resort, commercial, agricultural, industrial land and property leases; and Resort Amenities segment, which include a membership program that provides certain benefits and privileges within the Kapalua Resort for its members. The majority of its revenue is derived from the Leasing segment. Leasing revenue is generated from restaurants, retail outlets, office buildings, warehouses, and other resort activities.
Executives
Race A. Randle officer: CEO C/O MAUI LAND AND PINEAPPLE COMPANY, INC, 200 VILLAGE ROAD, LAHAINA HI 96761
Paulus Subrata officer: Vice President 200 VILLAGE ROAD, LAHAINA HI 96761
R Scot Sellers director C/O ARCHSTONE-SMITH, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Scott Nadao Kodama officer: Accounting Officer 1698 NANA ST., WAILUKU HI 96793
Glyn Aeppel director 6 WHIPPOORWILL LANE, WESTPORT CT 06880
John Sabin director 44 HERSHA DRIVE, HARRISBURG PA 17102
Wade K Kodama officer: CFO 95-1025 AHIKAO ST., MILILANI HI 96789
Michael Shoma Hotta officer: CFO 200 VILLAGE ROAD, LAHAINA HI 96761
Anthony P. Takitani director 200 VILLAGE ROAD, LAHAINA HI 96761
Ryan L Churchill officer: Senior Vice President P. O. BOX 187, KAHULUI HI 96733
Stephen M Case director, 10 percent owner 1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036
Tim T Esaki officer: CFO 200 VILLAGE ROAD, LAHAINA HI 96761
Authur C. Tokin director P. O. BOX 187, KAHULUI HI 96733-6687
John P Durkin officer: CFO P.O. BOX 187, KAHULUI HI 96733-6687
Gerald J Watts officer: VP/General Mngr. MPC 2530 RED HILL AVE, SANTA ANA CA 92705

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