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Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Gross Profit : $97.9 Mil (TTM As of Jun. 2023)


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What is Hoteles City ExpressB de CV Gross Profit?

Hoteles City ExpressB de CV's gross profit for the three months ended in Jun. 2023 was $21.8 Mil. Hoteles City ExpressB de CV's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $97.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hoteles City ExpressB de CV's gross profit for the three months ended in Jun. 2023 was $21.8 Mil. Hoteles City ExpressB de CV's Revenue for the three months ended in Jun. 2023 was $51.0 Mil. Therefore, Hoteles City ExpressB de CV's Gross Margin % for the quarter that ended in Jun. 2023 was 42.72%.

Hoteles City ExpressB de CV had a gross margin of 42.72% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Hoteles City ExpressB de CV was 52.62%. The lowest was 18.87%. And the median was 48.59%.

Warning Sign:

Hoteles City Express SAB de CV gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


Hoteles City ExpressB de CV Gross Profit Historical Data

The historical data trend for Hoteles City ExpressB de CV's Gross Profit 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.

Hoteles City ExpressB de CV Gross Profit Chart

Hoteles City ExpressB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.85 79.13 14.06 42.37 73.61

Hoteles City ExpressB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Gross Profit 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 17.12 13.88 40.58 21.67 21.81

Competitive Comparison of Hoteles City ExpressB de CV's Gross Profit

For the Lodging subindustry, Hoteles City ExpressB de CV's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Hoteles City ExpressB de CV's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hoteles City ExpressB de CV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hoteles City ExpressB de CV's Gross Profit falls into.



Hoteles City ExpressB de CV Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Hoteles City ExpressB de CV's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=162.932 - 89.319
=73.6

Hoteles City ExpressB de CV's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=51.041 - 29.235
=21.8

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $97.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Hoteles City ExpressB de CV's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=21.8 / 51.041
=42.72 %

* 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.


Hoteles City ExpressB de CV  (OTCPK:HOCXF) Gross Profit 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

Hoteles City ExpressB de CV had a gross margin of 42.72% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Hoteles City ExpressB de CV Gross Profit Related Terms

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Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Business Description

Traded in Other Exchanges
Address
Juan Salvador Agraz No. 69, Col. Santa Fe Cuajimalpa, Del. Cuajimalpa de Morelos, Mexico, MEX, 05300
Hoteles City Express SAB de CV together with its subsidiaries is engaged in the ownership, operation, and management of hotels using the brand names Hoteles City Express, City Suites and City Junior. The company's segments include Hotel Operation and Hotel Management. The company works as an alternative for business travelers, and the option for anyone looking to increase the value of an investment through a modern, hotel franchise and also, are the working towards the economy business travel segment.

Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Headlines

From GuruFocus

Hoteles City Express Announces the Appointment of Directors

By PRNewswire PRNewswire 04-30-2019