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Hulic Co (FRA:87W) Gross Margin % : 60.63% (As of Jun. 2024)


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What is Hulic Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hulic Co's Gross Profit for the three months ended in Jun. 2024 was €347 Mil. Hulic Co's Revenue for the three months ended in Jun. 2024 was €572 Mil. Therefore, Hulic Co's Gross Margin % for the quarter that ended in Jun. 2024 was 60.63%.


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

FRA:87W' s Gross Margin % Range Over the Past 10 Years
Min: 21.83   Med: 33.2   Max: 44.02
Current: 41.48


During the past 13 years, the highest Gross Margin % of Hulic Co was 44.02%. The lowest was 21.83%. And the median was 33.20%.

FRA:87W's Gross Margin % is ranked better than
55.85% of 1642 companies
in the Real Estate industry
Industry Median: 36.155 vs FRA:87W: 41.48

Hulic Co had a gross margin of 60.63% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hulic Co was 3.00% per year.


Hulic Co Gross Margin % Historical Data

The historical data trend for Hulic 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.

Hulic Co Gross Margin % Chart

Hulic 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 33.42 41.18 34.76 32.97 44.02

Hulic Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.77 39.40 36.52 60.63 32.59

Competitive Comparison of Hulic Co's Gross Margin %

For the Real Estate Services subindustry, Hulic 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.


Hulic Co's Gross Margin % Distribution in the Real Estate Industry

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

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



Hulic Co Gross Margin % Calculation

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

Hulic 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 )
=1251.5 / 2842.957
=(Revenue - Cost of Goods Sold) / Revenue
=(2842.957 - 1591.422) / 2842.957
=44.02 %

Hulic Co's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=347 / 572.365
=(Revenue - Cost of Goods Sold) / Revenue
=(572.365 - 225.335) / 572.365
=60.63 %

* 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.


Hulic Co  (FRA:87W) 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

Hulic Co had a gross margin of 60.63% for the quarter that ended in Jun. 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.


Hulic Co Gross Margin % Related Terms

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Hulic Co Business Description

Traded in Other Exchanges
Address
7-3 Nihonbashi Odenmacho, Chuo-ku, Tokyo, JPN
Hulic Co Ltd engages in real estate leasing of office buildings, residential properties, retail properties, hotels, and other properties across Tokyo. Although leasing is the core business, the company also operates a reconstruction business, development business, and investment business. Hulic's office buildings consist primarily of medium-sized offices and are constructed with quake-damping technology to ensure reliability and safety. Office buildings constitute nearly half of Hulic's portfolio. Aside from leasing condominiums, residential properties include housing built exclusively for the elderly. The group traditionally has staked its real estate business on accessibility by placing properties near stations and in metropolitan areas.

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