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Realtyome (BSP:R1IN34) Gross Margin %

: 92.39% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Realtyome's Gross Profit for the three months ended in Dec. 2023 was R$4,872 Mil. Realtyome's Revenue for the three months ended in Dec. 2023 was R$5,274 Mil. Therefore, Realtyome's Gross Margin % for the quarter that ended in Dec. 2023 was 92.39%.


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

BSP:R1IN34' s Gross Margin % Range Over the Past 10 Years
Min: 92.23   Med: 94.14   Max: 95
Current: 92.23


During the past 13 years, the highest Gross Margin % of Realtyome was 95.00%. The lowest was 92.23%. And the median was 94.14%.

BSP:R1IN34's Gross Margin % is ranked better than
89.89% of 633 companies
in the REITs industry
Industry Median: 68.71 vs BSP:R1IN34: 92.23

Realtyome had a gross margin of 92.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Realtyome was -0.50% per year.


Realtyome Gross Margin % Historical Data

The historical data trend for Realtyome'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.

Realtyome Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.05 93.65 93.58 93.23 92.23

Realtyome Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 92.23 92.65 90.71 93.17 92.39

Competitive Comparison

For the REIT - Retail subindustry, Realtyome'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.


Realtyome Gross Margin % Distribution

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

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



Realtyome Gross Margin % Calculation

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

Realtyome'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 )
=18433.2 / 19986.25
=(Revenue - Cost of Goods Sold) / Revenue
=(19986.25 - 1553.06) / 19986.25
=92.23 %

Realtyome'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 )
=4872.4 / 5273.581
=(Revenue - Cost of Goods Sold) / Revenue
=(5273.581 - 401.21) / 5273.581
=92.39 %

* 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.


Realtyome  (BSP:R1IN34) 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

Realtyome had a gross margin of 92.39% 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.


Realtyome Gross Margin % Related Terms

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


Realtyome (BSP:R1IN34) Business Description

Traded in Other Exchanges
Address
11995 El Camino Real, San Diego, CA, USA, 92130
Realty Income owns roughly 13,100 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.

Realtyome (BSP:R1IN34) Headlines

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