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Anywhere Real Estate (Anywhere Real Estate) Gross Margin % : 35.52% (As of Mar. 2024)


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What is Anywhere Real Estate Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Anywhere Real Estate's Gross Profit for the three months ended in Mar. 2024 was $400 Mil. Anywhere Real Estate's Revenue for the three months ended in Mar. 2024 was $1,126 Mil. Therefore, Anywhere Real Estate's Gross Margin % for the quarter that ended in Mar. 2024 was 35.52%.

Warning Sign:

Anywhere Real Estate Inc gross margin has been in long-term decline. The average rate of decline per year is -6%.


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

HOUS' s Gross Margin % Range Over the Past 10 Years
Min: 34.88   Med: 45.21   Max: 49.31
Current: 34.88


During the past 13 years, the highest Gross Margin % of Anywhere Real Estate was 49.31%. The lowest was 34.88%. And the median was 45.21%.

HOUS's Gross Margin % is ranked worse than
52.12% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs HOUS: 34.88

Anywhere Real Estate had a gross margin of 35.52% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Anywhere Real Estate was -6.00% per year.


Anywhere Real Estate Gross Margin % Historical Data

The historical data trend for Anywhere Real Estate'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.

Anywhere Real Estate Gross Margin % Chart

Anywhere Real Estate 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 46.24 43.30 40.46 36.09 34.99

Anywhere Real Estate Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 36.07 34.65 34.53 35.04 35.52

Competitive Comparison of Anywhere Real Estate's Gross Margin %

For the Real Estate Services subindustry, Anywhere Real Estate'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.


Anywhere Real Estate's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Anywhere Real Estate's Gross Margin % falls into.



Anywhere Real Estate Gross Margin % Calculation

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

Anywhere Real Estate'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 )
=1972 / 5636
=(Revenue - Cost of Goods Sold) / Revenue
=(5636 - 3664) / 5636
=34.99 %

Anywhere Real Estate's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=400 / 1126
=(Revenue - Cost of Goods Sold) / Revenue
=(1126 - 726) / 1126
=35.52 %

* 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.


Anywhere Real Estate  (NYSE:HOUS) 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

Anywhere Real Estate had a gross margin of 35.52% for the quarter that ended in Mar. 2024 => 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.


Anywhere Real Estate Gross Margin % Related Terms

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


Anywhere Real Estate (Anywhere Real Estate) Business Description

Traded in Other Exchanges
Address
175 Park Avenue, Madison, NJ, USA, 07940
Anywhere Real Estate Inc provides integrated real estate services in the United States. Operations are divided into the following divisions: Anywhere Brands (Franchise Group), Anywhere Advisors (Owned Brokerage Group), and Anywhere Integrated Services (Title Group). The majority of revenue is derived from the Anywhere Advisors (Owned Brokerage Group) segment.
Executives
Michael J Williams director 1100 15TH STREET NW, WASHINGTON DC 20005
Enrique Silva director 175 PARK AVENUE, MADISON NJ 07940
Perry Egbert L. J. director C/O ANYWHERE REAL ESTATE INC., 1, MADISON NJ 07940
Nashira W. Layade officer: EVP & CTO, Technology Services 175 PARK AVE., MADISON NJ 07940
Donald J Casey officer: Pres/CEO, Title Resource Group 175 PARK AVENUE, MADISON NJ 07940
Timothy B. Gustavson officer: SVP, CHIEF ACCOUNTING OFFICER 175 PARK AVE., MADISON NJ 07940
Marilyn J. Wasser officer: EVP, General Counsel and Sect. 175 PARK AVENUE, MADISON NJ 07940
Melissa K Mcsherry officer: Chief Operating Officer 175 PARK AVENUE, MADISON NJ 07940
Felicia Williams director C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Tanya Reu-narvaez officer: Chief People Officer 175 PARK AVE, MADISON NJ 07940
Susan Yannaccone officer: Pres/CEO Realogy Franchise Grp 175 PARK AVE., MADISON NJ 07940
Muhammad Rizwan Akhtar officer: EVP & CTO, Business Technology 175 PARK AVE., MADISON NJ 07940
V Ann Hailey director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Katrina L Helmkamp officer: Pres/CEO, Cartus Corporation 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Ryan M. Schneider director, officer: President and COO 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102