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FelCor Lodging Trust (FelCor Lodging Trust) Gross Margin % : 41.97% (As of Jun. 2017)


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What is FelCor Lodging Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FelCor Lodging Trust's Gross Profit for the three months ended in Jun. 2017 was $92.5 Mil. FelCor Lodging Trust's Revenue for the three months ended in Jun. 2017 was $220.4 Mil. Therefore, FelCor Lodging Trust's Gross Margin % for the quarter that ended in Jun. 2017 was 41.97%.


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


FCH's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 68.83
* Ranked among companies with meaningful Gross Margin % only.

FelCor Lodging Trust had a gross margin of 41.97% for the quarter that ended in Jun. 2017 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FelCor Lodging Trust was 0.00% per year.


FelCor Lodging Trust Gross Margin % Historical Data

The historical data trend for FelCor Lodging Trust'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.

FelCor Lodging Trust Gross Margin % Chart

FelCor Lodging Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.43 36.74 38.15 39.44 40.22

FelCor Lodging Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 42.25 42.17 39.32 35.52 41.97

Competitive Comparison of FelCor Lodging Trust's Gross Margin %

For the REIT - Hotel & Motel subindustry, FelCor Lodging Trust'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.


FelCor Lodging Trust's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where FelCor Lodging Trust's Gross Margin % falls into.



FelCor Lodging Trust Gross Margin % Calculation

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

FelCor Lodging Trust's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )=Gross Profit (A: Dec. 2016 ) / Revenue (A: Dec. 2016 )
=348.7 / 866.954
=(Revenue - Cost of Goods Sold) / Revenue
=(866.954 - 518.23) / 866.954
=40.22 %

FelCor Lodging Trust's Gross Margin for the quarter that ended in Jun. 2017 is calculated as


Gross Margin % (Q: Jun. 2017 )=Gross Profit (Q: Jun. 2017 ) / Revenue (Q: Jun. 2017 )
=92.5 / 220.44
=(Revenue - Cost of Goods Sold) / Revenue
=(220.44 - 127.931) / 220.44
=41.97 %

* 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.


FelCor Lodging Trust  (NYSE:FCH) 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

FelCor Lodging Trust had a gross margin of 41.97% for the quarter that ended in Jun. 2017 => 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.


FelCor Lodging Trust Gross Margin % Related Terms

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


FelCor Lodging Trust (FelCor Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director, officer: CEO 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Thomas C Hendrick officer: EVP, Chief Investment Officer 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Troy A Pentecost officer: President, COO 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Lutz Robert H Jr director
Corcoran Thomas J Jr director, officer: Chairman 545 E JOHN CARPENTER, STE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Ledsinger Charles A Jr director 545 E JOHN CARPENTER FRWY #1300, IRVING TX 75062
Jonathan H Yellen officer: EVP, GC & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219

FelCor Lodging Trust (FelCor Lodging Trust) Headlines

From GuruFocus

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 37,224 Shares

By GuruFocus Research GuruFocus Editor 03-08-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 6,279 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 9,631 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 14,690 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

Weekly CFO Buys Highlight: FCH, ZOOM, BNVI, SNBC

By gurujk gurujk 04-04-2011

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 29,046 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 82,899 Shares

By GuruFocus Research GuruFocus Editor 03-08-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 44,305 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 19,895 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010