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Land Securities Group (LSE:LAND) Gross Profit : £528.0 Mil (TTM As of Sep. 2023)


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What is Land Securities Group Gross Profit?

Land Securities Group's gross profit for the six months ended in Sep. 2023 was £263.0 Mil. Land Securities Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was £528.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Land Securities Group's gross profit for the six months ended in Sep. 2023 was £263.0 Mil. Land Securities Group's Revenue for the six months ended in Sep. 2023 was £412.0 Mil. Therefore, Land Securities Group's Gross Margin % for the quarter that ended in Sep. 2023 was 63.83%.

Land Securities Group had a gross margin of 63.83% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Land Securities Group was 78.27%. The lowest was 65.18%. And the median was 75.07%.

Warning Sign:

Land Securities Group PLC gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


Land Securities Group Gross Profit Historical Data

The historical data trend for Land Securities Group's Gross Profit 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.

Land Securities Group Gross Profit Chart

Land Securities Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 580.00 573.00 497.00 463.00 519.00

Land Securities Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit 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 234.00 229.00 254.00 265.00 263.00

Competitive Comparison of Land Securities Group's Gross Profit

For the REIT - Diversified subindustry, Land Securities Group's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Land Securities Group's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Land Securities Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Land Securities Group's Gross Profit falls into.



Land Securities Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Land Securities Group's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=791 - 272
=519.0

Land Securities Group's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=412 - 149
=263.0

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £528.0 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Land Securities Group's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=263.0 / 412
=63.83 %

* 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.


Land Securities Group  (LSE:LAND) Gross Profit 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

Land Securities Group had a gross margin of 63.83% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Land Securities Group Gross Profit Related Terms

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Land Securities Group (LSE:LAND) Business Description

Traded in Other Exchanges
Address
100 Victoria Street, London, GBR, SW1E 5JL
Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of the office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London.