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Netstreit (FRA:64N) Gross Margin % : 88.82% (As of Dec. 2024)


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What is Netstreit Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Netstreit's Gross Profit for the three months ended in Dec. 2024 was €34.5 Mil. Netstreit's Revenue for the three months ended in Dec. 2024 was €38.9 Mil. Therefore, Netstreit's Gross Margin % for the quarter that ended in Dec. 2024 was 88.82%.


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

FRA:64N' s Gross Margin % Range Over the Past 10 Years
Min: 87.81   Med: 89.55   Max: 93.78
Current: 89.2


During the past 7 years, the highest Gross Margin % of Netstreit was 93.78%. The lowest was 87.81%. And the median was 89.55%.

FRA:64N's Gross Margin % is ranked better than
82.75% of 690 companies
in the REITs industry
Industry Median: 68.895 vs FRA:64N: 89.20

Netstreit had a gross margin of 88.82% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Netstreit was -1.00% per year.


Netstreit Gross Margin % Historical Data

The historical data trend for Netstreit'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.

Netstreit Gross Margin % Chart

Netstreit Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 93.79 91.40 88.90 87.81 89.20

Netstreit Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 86.32 89.07 89.90 89.05 88.82

Competitive Comparison of Netstreit's Gross Margin %

For the REIT - Retail subindustry, Netstreit'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.


Netstreit's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Netstreit's Gross Margin % falls into.


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Netstreit Gross Margin % Calculation

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

Netstreit's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=127.8 / 143.254
=(Revenue - Cost of Goods Sold) / Revenue
=(143.254 - 15.474) / 143.254
=89.20 %

Netstreit's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=34.5 / 38.873
=(Revenue - Cost of Goods Sold) / Revenue
=(38.873 - 4.347) / 38.873
=88.82 %

* 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.


Netstreit  (FRA:64N) 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

Netstreit had a gross margin of 88.82% for the quarter that ended in Dec. 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.


Netstreit Gross Margin % Related Terms

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


Netstreit Business Description

Traded in Other Exchanges
Address
2021 McKinney Avenue, Suite 1150, Dallas, TX, USA, 75201
Netstreit Corp is an internally managed real estate investment trust. The company acquires, owns, and manages single-tenant, retail commercial real estate subject to long-term net leases with high-credit quality tenants across the United States. It focuses on tenants in industries where a physical location is critical to the generation of sales and profits, with a focus on necessity goods and essential services in the retail sector, including home improvement, auto parts, drug stores and pharmacies, general retail, grocers, convenience stores, discount stores, and quick-service restaurants. Majorily operates in U.S. States and Other counties, and derives maximum of revenue from USA.

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