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LEG Immobilien SE (XTER:LEG) Gross Profit : €579 Mil (TTM As of Dec. 2023)


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What is LEG Immobilien SE Gross Profit?

LEG Immobilien SE's gross profit for the three months ended in Dec. 2023 was €131 Mil. LEG Immobilien SE's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €579 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LEG Immobilien SE's gross profit for the three months ended in Dec. 2023 was €131 Mil. LEG Immobilien SE's Revenue for the three months ended in Dec. 2023 was €303 Mil. Therefore, LEG Immobilien SE's Gross Margin % for the quarter that ended in Dec. 2023 was 43.07%.

LEG Immobilien SE had a gross margin of 43.07% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of LEG Immobilien SE was 54.24%. The lowest was 35.85%. And the median was 49.41%.

Warning Sign:

LEG Immobilien SE gross margin has been in long-term decline. The average rate of decline per year is -5.1%.


LEG Immobilien SE Gross Profit Historical Data

The historical data trend for LEG Immobilien SE'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.

LEG Immobilien SE Gross Profit Chart

LEG Immobilien SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 433.10 427.20 521.60 412.10 579.70

LEG Immobilien SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.70 134.60 151.20 163.00 130.50

Competitive Comparison of LEG Immobilien SE's Gross Profit

For the Real Estate Services subindustry, LEG Immobilien SE'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.


LEG Immobilien SE's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LEG Immobilien SE's Gross Profit distribution charts can be found below:

* The bar in red indicates where LEG Immobilien SE's Gross Profit falls into.



LEG Immobilien SE Gross Profit Calculation

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

LEG Immobilien SE's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1240.9 - 661.2
=580

LEG Immobilien SE's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=303 - 172.5
=131

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €579 Mil.

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

LEG Immobilien SE'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=131 / 303
=43.07 %

* 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.


LEG Immobilien SE  (XTER:LEG) 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

LEG Immobilien SE had a gross margin of 43.07% for the quarter that ended in Dec. 2023 => Durable competitive advantage


LEG Immobilien SE Gross Profit Related Terms

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LEG Immobilien SE (XTER:LEG) Business Description

Traded in Other Exchanges
Address
Flughafenstrasse 99, Dusseldorf, NW, DEU, D-40474
LEG Immobilien SE is a general real estate company. The company's portfolio consists primarily of residential units, followed by garages, parking spaces, and commercial units. The business model is supplemented by the targeted development of innovative value-added services. LEG is primarily focused on the German market of the North Rhine-Westphalia region. The company divides its portfolio into three groups: high growth markets, stable markets, and higher-yielding markets. LEG considers merger and acquisition investment as a potential component of its operational growth strategy.
Executives
Dr. Volker Wiegel Board of Directors
Dr. Kathrin Köhling Board of Directors
Michael Zimmer Supervisory Board
Lars Von Lackum Board of Directors
Susanne Schröter-crossan Board of Directors
Martin Wiesmann Supervisory Board

LEG Immobilien SE (XTER:LEG) Headlines

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