GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seaport Entertainment Group Inc (AMEX:SEG) » Definitions » Gross Margin %

SEG (Seaport Entertainment Group) Gross Margin % : 26.24% (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Seaport Entertainment Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Seaport Entertainment Group's Gross Profit for the three months ended in Dec. 2024 was $6.0 Mil. Seaport Entertainment Group's Revenue for the three months ended in Dec. 2024 was $22.8 Mil. Therefore, Seaport Entertainment Group's Gross Margin % for the quarter that ended in Dec. 2024 was 26.24%.


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

SEG' s Gross Margin % Range Over the Past 10 Years
Min: 31.13   Med: 32.27   Max: 35.49
Current: 32.73


During the past 4 years, the highest Gross Margin % of Seaport Entertainment Group was 35.49%. The lowest was 31.13%. And the median was 32.27%.

SEG's Gross Margin % is ranked worse than
56.01% of 1639 companies
in the Real Estate industry
Industry Median: 36.12 vs SEG: 32.73

Seaport Entertainment Group had a gross margin of 26.24% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Seaport Entertainment Group was 0.00% per year.


Seaport Entertainment Group Gross Margin % Historical Data

The historical data trend for Seaport Entertainment Group'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.

Seaport Entertainment Group Gross Margin % Chart

Seaport Entertainment Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Gross Margin %
31.13 35.49 31.80 32.73

Seaport Entertainment Group Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.73 28.83 38.39 33.07 26.24

Competitive Comparison of Seaport Entertainment Group's Gross Margin %

For the Real Estate Services subindustry, Seaport Entertainment Group'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.


Seaport Entertainment Group's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Seaport Entertainment Group's Gross Margin % falls into.



Seaport Entertainment Group Gross Margin % Calculation

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

Seaport Entertainment Group's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=36.4 / 111.136
=(Revenue - Cost of Goods Sold) / Revenue
=(111.136 - 74.759) / 111.136
=32.73 %

Seaport Entertainment Group's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=6 / 22.844
=(Revenue - Cost of Goods Sold) / Revenue
=(22.844 - 16.85) / 22.844
=26.24 %

* 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.


Seaport Entertainment Group  (AMEX:SEG) 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

Seaport Entertainment Group had a gross margin of 26.24% for the quarter that ended in Dec. 2024 => 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.


Seaport Entertainment Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Seaport Entertainment Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Seaport Entertainment Group Business Description

Traded in Other Exchanges
Address
199 Water Street, 28th Floor, New York, NY, USA, 10038
Website
Seaport Entertainment Group Inc own, operate and develop a unique collection of assets positioned at the intersection of entertainment and real estate. Its objective is to integrate one-of-a-kind real estate assets with a variety of restaurant, retail and leisure offerings to form vibrant mixed-use destinations where customers can work, play and socialize in one cohesive setting. The company has three operating segments: (1) Landlord Operations; (2) Hospitality; and (3) Sponsorships, Events, and Entertainment. Key revenue is generated from Landlord Operations which consists of the company's rental operations.