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Crest Nicholson Holdings (LSE:CRST) Gross Margin % : 0.85% (As of Apr. 2024)


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What is Crest Nicholson Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Crest Nicholson Holdings's Gross Profit for the six months ended in Apr. 2024 was £2.2 Mil. Crest Nicholson Holdings's Revenue for the six months ended in Apr. 2024 was £257.5 Mil. Therefore, Crest Nicholson Holdings's Gross Margin % for the quarter that ended in Apr. 2024 was 0.85%.

Warning Sign:

Crest Nicholson Holdings PLC gross margin has been in long-term decline. The average rate of decline per year is -9.4%.


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

LSE:CRST' s Gross Margin % Range Over the Past 10 Years
Min: 4.63   Med: 20.29   Max: 28.6
Current: 4.63


During the past 13 years, the highest Gross Margin % of Crest Nicholson Holdings was 28.60%. The lowest was 4.63%. And the median was 20.29%.

LSE:CRST's Gross Margin % is ranked worse than
97.83% of 92 companies
in the Homebuilding & Construction industry
Industry Median: 22.845 vs LSE:CRST: 4.63

Crest Nicholson Holdings had a gross margin of 0.85% for the quarter that ended in Apr. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Crest Nicholson Holdings was -9.40% per year.


Crest Nicholson Holdings Gross Margin % Historical Data

The historical data trend for Crest Nicholson Holdings'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.

Crest Nicholson Holdings Gross Margin % Chart

Crest Nicholson Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.89 9.43 18.55 10.05 13.13

Crest Nicholson Holdings Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 -7.55 21.72 20.94 7.23 0.85

Competitive Comparison of Crest Nicholson Holdings's Gross Margin %

For the Residential Construction subindustry, Crest Nicholson Holdings'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.


Crest Nicholson Holdings's Gross Margin % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Crest Nicholson Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Crest Nicholson Holdings's Gross Margin % falls into.



Crest Nicholson Holdings Gross Margin % Calculation

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

Crest Nicholson Holdings's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=86.3 / 657.5
=(Revenue - Cost of Goods Sold) / Revenue
=(657.5 - 571.2) / 657.5
=13.13 %

Crest Nicholson Holdings's Gross Margin for the quarter that ended in Apr. 2024 is calculated as


Gross Margin % (Q: Apr. 2024 )=Gross Profit (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=2.2 / 257.5
=(Revenue - Cost of Goods Sold) / Revenue
=(257.5 - 255.3) / 257.5
=0.85 %

* 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.


Crest Nicholson Holdings  (LSE:CRST) 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

Crest Nicholson Holdings had a gross margin of 0.85% for the quarter that ended in Apr. 2024 => No sustainable 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.


Crest Nicholson Holdings Gross Margin % Related Terms

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Crest Nicholson Holdings Business Description

Traded in Other Exchanges
Address
500 Dashwood Lang Road, Bourne Business Park, Addlestone, Surrey, GBR, KT15 2HJ
Crest Nicholson Holdings PLC is a British construction company that focuses on residential property in the southern half of England. The company plans, designs, and builds single-family housing communities, apartment and townhome complexes, and commercial properties. Crest Nicholson has six established housebuilding divisions. It also operates a dedicated Partnerships & Strategic Land (PSL) division has established a strong reputation to work in conjunction with partners to deliver Crest Nicholson homes across a range of tenure types. They aim to maximise value for both parties through scheme design and placemaking principles and demonstrating sector-wide knowledge across all housing, land and planning matters.

Crest Nicholson Holdings Headlines

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