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Testa Residencial Socimi (XMAD:YTST) Gross Margin % : 97.92% (As of Dec. 2023)


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What is Testa Residencial Socimi Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Testa Residencial Socimi's Gross Profit for the six months ended in Dec. 2023 was €102.8 Mil. Testa Residencial Socimi's Revenue for the six months ended in Dec. 2023 was €105.0 Mil. Therefore, Testa Residencial Socimi's Gross Margin % for the quarter that ended in Dec. 2023 was 97.92%.


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

XMAD:YTST' s Gross Margin % Range Over the Past 10 Years
Min: 97.92   Med: 98.82   Max: 99.71
Current: 97.92


During the past 5 years, the highest Gross Margin % of Testa Residencial Socimi was 99.71%. The lowest was 97.92%. And the median was 98.82%.

XMAD:YTST's Gross Margin % is ranked better than
94.92% of 689 companies
in the REITs industry
Industry Median: 68.9 vs XMAD:YTST: 97.92

Testa Residencial Socimi had a gross margin of 97.92% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Testa Residencial Socimi was 0.00% per year.


Testa Residencial Socimi Gross Margin % Historical Data

The historical data trend for Testa Residencial Socimi'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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Testa Residencial Socimi Gross Margin % Chart

Testa Residencial Socimi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- - - 99.71 97.92

Testa Residencial Socimi Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin % - - - 99.71 97.92

Competitive Comparison of Testa Residencial Socimi's Gross Margin %

For the REIT - Diversified subindustry, Testa Residencial Socimi'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.


Testa Residencial Socimi's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Testa Residencial Socimi's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Testa Residencial Socimi's Gross Margin % falls into.


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Testa Residencial Socimi Gross Margin % Calculation

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

Testa Residencial Socimi'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 )
=102.8 / 105.021
=(Revenue - Cost of Goods Sold) / Revenue
=(105.021 - 2.186) / 105.021
=97.92 %

Testa Residencial Socimi's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=102.8 / 105.021
=(Revenue - Cost of Goods Sold) / Revenue
=(105.021 - 2.186) / 105.021
=97.92 %

* 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.


Testa Residencial Socimi  (XMAD:YTST) 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

Testa Residencial Socimi had a gross margin of 97.92% for the quarter that ended in Dec. 2023 => 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.


Testa Residencial Socimi Gross Margin % Related Terms

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


Testa Residencial Socimi Business Description

Traded in Other Exchanges
N/A
Address
Paseo de la Castellana 257, Planta 2, Madrid, ESP, 28046
Testa Residencial Socimi SA is a real estate investment trust. The company is a property company in the rental housing sector. Its portfolio includes residential and retail properties.

Testa Residencial Socimi Headlines

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