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Robinsons Land (PHS:RLC) Gross Margin % : 55.24% (As of Mar. 2024)


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What is Robinsons Land Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Robinsons Land's Gross Profit for the three months ended in Mar. 2024 was ₱6,091 Mil. Robinsons Land's Revenue for the three months ended in Mar. 2024 was ₱11,026 Mil. Therefore, Robinsons Land's Gross Margin % for the quarter that ended in Mar. 2024 was 55.24%.

Warning Sign:

Robinsons Land Corp gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


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

PHS:RLC' s Gross Margin % Range Over the Past 10 Years
Min: 36.02   Med: 52.17   Max: 54.34
Current: 54.34


During the past 13 years, the highest Gross Margin % of Robinsons Land was 54.34%. The lowest was 36.02%. And the median was 52.17%.

PHS:RLC's Gross Margin % is ranked better than
67.13% of 1655 companies
in the Real Estate industry
Industry Median: 36.38 vs PHS:RLC: 54.34

Robinsons Land had a gross margin of 55.24% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Robinsons Land was -2.10% per year.


Robinsons Land Gross Margin % Historical Data

The historical data trend for Robinsons Land'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.

Robinsons Land Gross Margin % Chart

Robinsons Land Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.37 43.11 36.02 40.58 53.54

Robinsons Land 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 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 51.80 55.24 54.07 52.94 55.24

Competitive Comparison of Robinsons Land's Gross Margin %

For the Real Estate - Diversified subindustry, Robinsons Land'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.


Robinsons Land's Gross Margin % Distribution in the Real Estate Industry

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

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



Robinsons Land Gross Margin % Calculation

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

Robinsons Land'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 )
=22495.4 / 42018.176
=(Revenue - Cost of Goods Sold) / Revenue
=(42018.176 - 19522.784) / 42018.176
=53.54 %

Robinsons Land'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 )
=6091.4 / 11026.471
=(Revenue - Cost of Goods Sold) / Revenue
=(11026.471 - 4935.117) / 11026.471
=55.24 %

* 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.


Robinsons Land  (PHS:RLC) 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

Robinsons Land had a gross margin of 55.24% 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.


Robinsons Land Gross Margin % Related Terms

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Robinsons Land (PHS:RLC) Business Description

Traded in Other Exchanges
Address
EDSA corner Ortigas Avenue, Level 2, Galleria Corporate Center, Metro Manila, Quezon City, PHL, 1100
Robinsons Land Corp is a real estate developer in the Philippines. The company's two operating strategies are to take on development projects or investment projects. In taking investment projects, the company develops, owns and operates commercial real estate projects (shopping malls, office buildings and hotels). For the development projects, the company develops residential real estate projects for sale (residential condominiums, upper-middle to high-end residential developments and low-and-middle-cost lots). The company has four official business divisions: commercial centres, residential, office buildings, and hotels. The commercial centers division accounts for the majority of Robinsons Land Corporation's revenue.

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