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British Land Co (LSE:BLND) Gross Margin % : 74.09% (As of Sep. 2023)


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What is British Land Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. British Land Co's Gross Profit for the six months ended in Sep. 2023 was £286.0 Mil. British Land Co's Revenue for the six months ended in Sep. 2023 was £386.0 Mil. Therefore, British Land Co's Gross Margin % for the quarter that ended in Sep. 2023 was 74.09%.


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

LSE:BLND' s Gross Margin % Range Over the Past 10 Years
Min: 55.86   Med: 69.96   Max: 82.16
Current: 75.17


During the past 13 years, the highest Gross Margin % of British Land Co was 82.16%. The lowest was 55.86%. And the median was 69.96%.

LSE:BLND's Gross Margin % is ranked better than
63.28% of 629 companies
in the REITs industry
Industry Median: 68.8 vs LSE:BLND: 75.17

British Land Co had a gross margin of 74.09% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for British Land Co was 3.20% per year.


British Land Co Gross Margin % Historical Data

The historical data trend for British Land Co'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.

British Land Co Gross Margin % Chart

British Land Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.86 64.44 61.54 67.72 76.79

British Land Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 53.88 83.42 76.39 77.23 74.09

Competitive Comparison of British Land Co's Gross Margin %

For the REIT - Diversified subindustry, British Land Co'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.


British Land Co's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where British Land Co's Gross Margin % falls into.



British Land Co Gross Margin % Calculation

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

British Land Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=321 / 418
=(Revenue - Cost of Goods Sold) / Revenue
=(418 - 97) / 418
=76.79 %

British Land Co's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=286 / 386
=(Revenue - Cost of Goods Sold) / Revenue
=(386 - 100) / 386
=74.09 %

* 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.


British Land Co  (LSE:BLND) 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

British Land Co had a gross margin of 74.09% for the quarter that ended in Sep. 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.


British Land Co Gross Margin % Related Terms

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


British Land Co (LSE:BLND) Business Description

Traded in Other Exchanges
Address
45 Seymour Street, York House, London, GBR, W1H 7LX
British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.