GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Park24 Co Ltd (TSE:4666) » Definitions » Gross Margin %

Park24 Co (TSE:4666) Gross Margin % : 26.18% (As of Jan. 2025)


View and export this data going back to 1999. Start your Free Trial

What is Park24 Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Park24 Co's Gross Profit for the three months ended in Jan. 2025 was 円25,465 Mil. Park24 Co's Revenue for the three months ended in Jan. 2025 was 円97,267 Mil. Therefore, Park24 Co's Gross Margin % for the quarter that ended in Jan. 2025 was 26.18%.


The historical rank and industry rank for Park24 Co's Gross Margin % or its related term are showing as below:

TSE:4666' s Gross Margin % Range Over the Past 10 Years
Min: 13.52   Med: 25.22   Max: 27.52
Current: 27.4


During the past 13 years, the highest Gross Margin % of Park24 Co was 27.52%. The lowest was 13.52%. And the median was 25.22%.

TSE:4666's Gross Margin % is ranked better than
63.9% of 1676 companies
in the Construction industry
Industry Median: 20.175 vs TSE:4666: 27.40

Park24 Co had a gross margin of 26.18% for the quarter that ended in Jan. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Park24 Co was 9.10% per year.


Park24 Co Gross Margin % Historical Data

The historical data trend for Park24 Co'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.

Park24 Co Gross Margin % Chart

Park24 Co Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.52 16.21 24.32 27.15 27.52

Park24 Co Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 26.53 25.84 27.31 30.04 26.18

Competitive Comparison of Park24 Co's Gross Margin %

For the Infrastructure Operations subindustry, Park24 Co'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.


Park24 Co's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Park24 Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Park24 Co's Gross Margin % falls into.


;
;

Park24 Co Gross Margin % Calculation

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

Park24 Co's Gross Margin for the fiscal year that ended in Oct. 2024 is calculated as

Gross Margin % (A: Oct. 2024 )=Gross Profit (A: Oct. 2024 ) / Revenue (A: Oct. 2024 )
=102069 / 370913
=(Revenue - Cost of Goods Sold) / Revenue
=(370913 - 268844) / 370913
=27.52 %

Park24 Co's Gross Margin for the quarter that ended in Jan. 2025 is calculated as


Gross Margin % (Q: Jan. 2025 )=Gross Profit (Q: Jan. 2025 ) / Revenue (Q: Jan. 2025 )
=25465 / 97267
=(Revenue - Cost of Goods Sold) / Revenue
=(97267 - 71802) / 97267
=26.18 %

* 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.


Park24 Co  (TSE:4666) 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

Park24 Co had a gross margin of 26.18% for the quarter that ended in Jan. 2025 => 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.


Park24 Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Park24 Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Park24 Co Business Description

Traded in Other Exchanges
Address
2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924
Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.

Park24 Co Headlines

No Headlines