Rockwell Land (PHS:ROCK) Gross Margin % : 48.07% (As of Mar. 2024)

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What is Rockwell Land Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rockwell Land's Gross Profit for the three months ended in Mar. 2024 was ₱1,722 Mil. Rockwell Land's Revenue for the three months ended in Mar. 2024 was ₱3,582 Mil. Therefore, Rockwell Land's Gross Margin % for the quarter that ended in Mar. 2024 was 48.07%.

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

PHS:ROCK' s Gross Margin % Range Over the Past 10 Years
Min: 31.7 Med: 38.3 Max: 43.32
Current: 42.86

During the past 13 years, the highest Gross Margin % of Rockwell Land was 43.32%. The lowest was 31.70%. And the median was 38.30%.

PHS:ROCK's Gross Margin % is ranked better than
56.19% of 1655 companies
in the Real Estate industry
Industry Median: 36.55 vs PHS:ROCK: 42.86

Rockwell Land had a gross margin of 48.07% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rockwell Land was -0.60% per year.

Rockwell Land Gross Margin % Historical Data

The historical data trend for Rockwell 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.

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Rockwell Land Gross Margin % Chart

Rockwell Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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42.21

36.63

37.92

37.59

41.71

Rockwell 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															42.82	47.83	44.19	33.22	48.07

Competitive Comparison of Rockwell Land's Gross Margin %

For the Real Estate - Development subindustry, Rockwell 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.

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

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

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

Rockwell Land Gross Margin % Calculation

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

Rockwell 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 )
	=	6862.5	/	16453.934
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(16453.934 - 9591.473)	/	16453.934
	=	41.71 %

Rockwell 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 )
	=	1722	/	3582
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3582 - 1860)	/	3582
	=	48.07 %

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.

Rockwell Land (PHS:ROCK) 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

Rockwell Land had a gross margin of 48.07% 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.

Rockwell Land Gross Margin % Related Terms

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Rockwell Land (PHS:ROCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rockwell Land Corp (PHS:ROCK) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Rockwell, Hidalgo Center, Rockwell Center, 2nd Floor, Metro Manila, Makati, RIZ, PHL, 1200

Website

https://www.e-rockwell.com

Rockwell Land Corp engages in the real estate development of residential and commercial properties. It operates through the following business segments: Residential Development, Commercial Development, and Hotel Operations. The Residential Development segment which earns the majority of revenue involves the development, sale, and property management of all residential units under the Rockwell and Primaries brands. Its Commercial Development segment develops, leases, and manages its retail and office developments. The Hotel Operations segment engages in the lease of serviced apartments and management of hotel and resort operations.