The historical rank and industry rank for Boston Omaha's Gross Margin % or its related term are showing as below:
BOC'
s Gross Margin % Range Over the Past 10 Years
Min: 57.45 Med: 66.86 Max: 68.19
Current: 67.68
During the past 9 years, the highestGross Margin % of Boston Omaha was 68.19%. The lowest was 57.45%. And the median was 66.86%.
BOC's Gross Margin % is ranked better than 94.01% of 501
companies
in the Conglomerates industry
Industry Median: 24.57
vs BOC: 67.68
Boston Omaha had a gross margin of 67.47% for the quarter that ended in Sep. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Boston Omaha was 2.80% per year.
Boston Omaha Gross Margin % Historical Data
The historical data trend for Boston Omaha'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.
Competitive Comparison of Boston Omaha's Gross Margin %
For the Conglomerates subindustry, Boston Omaha'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.
Boston Omaha's Gross Margin % Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Boston Omaha's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Boston Omaha's Gross Margin % falls into.
* 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.
Boston Omaha (NYSE:BOC) 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
Boston Omaha had a gross margin of 67.47% for the quarter that ended in Sep. 2024 => 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.
Boston Omaha Gross Margin % Related Terms
Thank you for viewing the detailed overview of Boston Omaha's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Boston Omaha Corp is a us-based company which invests in real estate. Its operations include its ownership of multiple billboards in Florida, Georgia, Wisconsin, and Alabama and equity method investments in several real estate companies. The company operates four separate lines of business, outdoor billboard advertising, the broadband services industry, the insurance industry, and the asset management industry. They generate revenue from outdoor advertising through the leasing of advertising space on billboards. It also generate revenue from commissions on surety bond sales and account for commissions and principally from internet services and is recognized on a straight-line basis over the term of the contract in the period the services are rendered.
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