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Johnston Press (Johnston Press) Gross Margin % : 33.66% (As of Jun. 2018)


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What is Johnston Press Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Johnston Press's Gross Profit for the six months ended in Jun. 2018 was $41.63 Mil. Johnston Press's Revenue for the six months ended in Jun. 2018 was $123.66 Mil. Therefore, Johnston Press's Gross Margin % for the quarter that ended in Jun. 2018 was 33.66%.

Warning Sign:

Johnston Press PLC gross margin has been in long term decline. The average rate of decline per year is -5.3%.


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

JHPSY' s Gross Margin % Range Over the Past 10 Years
Min: 32.68   Med: 40.68   Max: 44.58
Current: 33.58


During the past 13 years, the highest Gross Margin % of Johnston Press was 44.58%. The lowest was 32.68%. And the median was 40.68%.

JHPSY's Gross Margin % is not ranked
in the Media - Diversified industry.
Industry Median: 38.44 vs JHPSY: 33.58

Johnston Press had a gross margin of 33.66% for the quarter that ended in Jun. 2018 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Johnston Press was -5.30% per year.


Johnston Press Gross Margin % Historical Data

The historical data trend for Johnston Press'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.

Johnston Press Gross Margin % Chart

Johnston Press Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.40 43.55 42.19 35.58 32.68

Johnston Press Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 37.03 34.08 31.91 33.49 33.66

Competitive Comparison of Johnston Press's Gross Margin %

For the Publishing subindustry, Johnston Press'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.


Johnston Press's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Johnston Press's Gross Margin % distribution charts can be found below:

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



Johnston Press Gross Margin % Calculation

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

Johnston Press's Gross Margin for the fiscal year that ended in Dec. 2017 is calculated as

Gross Margin % (A: Dec. 2017 )=Gross Profit (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=88.3 / 270.263
=(Revenue - Cost of Goods Sold) / Revenue
=(270.263 - 181.939) / 270.263
=32.68 %

Johnston Press's Gross Margin for the quarter that ended in Jun. 2018 is calculated as


Gross Margin % (Q: Jun. 2018 )=Gross Profit (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=41.6 / 123.657
=(Revenue - Cost of Goods Sold) / Revenue
=(123.657 - 82.029) / 123.657
=33.66 %

* 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.


Johnston Press  (OTCPK:JHPSY) 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

Johnston Press had a gross margin of 33.66% for the quarter that ended in Jun. 2018 => Competition eroding margins


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.


Johnston Press Gross Margin % Related Terms

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Johnston Press (Johnston Press) Business Description

Traded in Other Exchanges
N/A
Address
30 Queensferry Road, Orchard Brae House, Edinburgh, GBR, EH4 2HS
Johnston Press PLC is engaged in the multimedia business. The company is one of the largest local and regional multimedia organizations primarily providing news and information services at local and regional level through various publications and websites in the UK. Its business is organized in two segments namely Publishing and Contract Printing. It also manages smartphone applications, websites, and distributes lifestyle magazines. Its brands include Ballymena and Antrim Times, Banbridge Leader, Banbury Guardian, Belper News, Carrick Times, Mid-Sussex Times, Sunday Journal, Isle of Man Examiner and Yorkshire Post. Johnston Press generates most of its revenues through its publishing business.

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