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LaSalle LOGIPORT REIT (TSE:3466) Gross Margin % : 68.80% (As of Aug. 2024)


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What is LaSalle LOGIPORT REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. LaSalle LOGIPORT REIT's Gross Profit for the six months ended in Aug. 2024 was 円8,795 Mil. LaSalle LOGIPORT REIT's Revenue for the six months ended in Aug. 2024 was 円12,782 Mil. Therefore, LaSalle LOGIPORT REIT's Gross Margin % for the quarter that ended in Aug. 2024 was 68.80%.


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

TSE:3466' s Gross Margin % Range Over the Past 10 Years
Min: 64.73   Med: 69.56   Max: 70.74
Current: 69.78


During the past 8 years, the highest Gross Margin % of LaSalle LOGIPORT REIT was 70.74%. The lowest was 64.73%. And the median was 69.56%.

TSE:3466's Gross Margin % is ranked better than
51.52% of 689 companies
in the REITs industry
Industry Median: 68.9 vs TSE:3466: 69.78

LaSalle LOGIPORT REIT had a gross margin of 68.80% for the quarter that ended in Aug. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for LaSalle LOGIPORT REIT was -0.90% per year.


LaSalle LOGIPORT REIT Gross Margin % Historical Data

The historical data trend for LaSalle LOGIPORT REIT'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.

LaSalle LOGIPORT REIT Gross Margin % Chart

LaSalle LOGIPORT REIT Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Gross Margin %
Get a 7-Day Free Trial 70.74 69.34 66.92 64.73 69.78

LaSalle LOGIPORT REIT Semi-Annual Data
Mar16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 65.77 65.22 64.24 70.74 68.80

Competitive Comparison of LaSalle LOGIPORT REIT's Gross Margin %

For the REIT - Industrial subindustry, LaSalle LOGIPORT REIT'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.


LaSalle LOGIPORT REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, LaSalle LOGIPORT REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where LaSalle LOGIPORT REIT's Gross Margin % falls into.



LaSalle LOGIPORT REIT Gross Margin % Calculation

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

LaSalle LOGIPORT REIT's Gross Margin for the fiscal year that ended in Aug. 2024 is calculated as

Gross Margin % (A: Aug. 2024 )=Gross Profit (A: Aug. 2024 ) / Revenue (A: Aug. 2024 )
=18078.9 / 25906.796
=(Revenue - Cost of Goods Sold) / Revenue
=(25906.796 - 7827.906) / 25906.796
=69.78 %

LaSalle LOGIPORT REIT's Gross Margin for the quarter that ended in Aug. 2024 is calculated as


Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=8794.6 / 12782.035
=(Revenue - Cost of Goods Sold) / Revenue
=(12782.035 - 3987.467) / 12782.035
=68.80 %

* 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.


LaSalle LOGIPORT REIT  (TSE:3466) 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

LaSalle LOGIPORT REIT had a gross margin of 68.80% for the quarter that ended in Aug. 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.


LaSalle LOGIPORT REIT Gross Margin % Related Terms

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LaSalle LOGIPORT REIT Business Description

Traded in Other Exchanges
N/A
Address
Marunouchi, 1-11-1, Marunouchi, 14th Floor, Pacific Century Place, Chiyoda-ku, Tokyo, JPN
LaSalle LOGIPORT REIT is a Japan-based real estate investment trust. The company intends to invest in facilities that cater to its tenant's needs for integrated and efficient logistics operations. The majority of firm's assets are located in Tokyo area. The firm focuses on investments in prime logistics within the Tokyo and Osaka area. Its growth strategy is backed by the sponsor group's support.

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