Nexus Industrial REIT (FRA:J6D) Gross Margin % : 71.01% (As of Mar. 2024)

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What is Nexus Industrial REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nexus Industrial REIT's Gross Profit for the three months ended in Mar. 2024 was €20.1 Mil. Nexus Industrial REIT's Revenue for the three months ended in Mar. 2024 was €28.3 Mil. Therefore, Nexus Industrial REIT's Gross Margin % for the quarter that ended in Mar. 2024 was 71.01%.

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

FRA:J6D' s Gross Margin % Range Over the Past 10 Years
Min: 62.42 Med: 68.91 Max: 83.23
Current: 71.57

During the past 11 years, the highest Gross Margin % of Nexus Industrial REIT was 83.23%. The lowest was 62.42%. And the median was 68.91%.

FRA:J6D's Gross Margin % is ranked better than
56.31% of 634 companies
in the REITs industry
Industry Median: 68.145 vs FRA:J6D: 71.57

Nexus Industrial REIT had a gross margin of 71.01% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nexus Industrial REIT was 2.90% per year.

Nexus Industrial REIT Gross Margin % Historical Data

The historical data trend for Nexus Industrial REIT'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.

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Nexus Industrial REIT Gross Margin % Chart

Nexus Industrial REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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63.20

63.90

66.96

69.87

71.03

Nexus Industrial REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															68.65	72.07	73.78	69.58	71.01

Competitive Comparison of Nexus Industrial REIT's Gross Margin %

For the REIT - Industrial subindustry, Nexus Industrial REIT'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.

Nexus Industrial REIT's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Nexus Industrial REIT's Gross Margin % falls into.

Nexus Industrial REIT Gross Margin % Calculation

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

Nexus Industrial REIT'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 )
	=	76.5	/	107.757
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(107.757 - 31.222)	/	107.757
	=	71.03 %

Nexus Industrial REIT's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	20.1	/	28.272
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(28.272 - 8.197)	/	28.272
	=	71.01 %

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.

Nexus Industrial REIT (FRA:J6D) 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

Nexus Industrial REIT had a gross margin of 71.01% for the quarter that ended in Mar. 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.

Nexus Industrial REIT Gross Margin % Related Terms

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Nexus Industrial REIT (FRA:J6D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nexus Industrial REIT (FRA:J6D) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

EFRTF:USA NXR.UN:Canada

Address

211-1540 Cornwall Road, Oakville, ON, CAN, L6J7W5

Website

https://www.nexusreit.com

Nexus Industrial REIT is a Canada-based growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office, and retail properties.

Nexus Industrial REIT (FRA:J6D) Headlines

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