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Merlin Properties SOCIMI (Merlin Properties SOCIMI) Gross Margin % : 90.31% (As of Dec. 2023)


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What is Merlin Properties SOCIMI Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Merlin Properties SOCIMI's Gross Profit for the three months ended in Dec. 2023 was $106.5 Mil. Merlin Properties SOCIMI's Revenue for the three months ended in Dec. 2023 was $117.9 Mil. Therefore, Merlin Properties SOCIMI's Gross Margin % for the quarter that ended in Dec. 2023 was 90.31%.


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

MRPRF' s Gross Margin % Range Over the Past 10 Years
Min: 87.9   Med: 91.52   Max: 95.43
Current: 90.57


During the past 11 years, the highest Gross Margin % of Merlin Properties SOCIMI was 95.43%. The lowest was 87.90%. And the median was 91.52%.

MRPRF's Gross Margin % is ranked better than
86.59% of 634 companies
in the REITs industry
Industry Median: 68.745 vs MRPRF: 90.57

Merlin Properties SOCIMI had a gross margin of 90.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Merlin Properties SOCIMI was -0.60% per year.


Merlin Properties SOCIMI Gross Margin % Historical Data

The historical data trend for Merlin Properties SOCIMI'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.

Merlin Properties SOCIMI Gross Margin % Chart

Merlin Properties SOCIMI 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 90.72 89.81 87.90 88.82 90.57

Merlin Properties SOCIMI 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 88.46 90.26 90.63 91.03 90.31

Competitive Comparison of Merlin Properties SOCIMI's Gross Margin %

For the REIT - Office subindustry, Merlin Properties SOCIMI'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.


Merlin Properties SOCIMI's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Merlin Properties SOCIMI's Gross Margin % falls into.



Merlin Properties SOCIMI Gross Margin % Calculation

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

Merlin Properties SOCIMI'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 )
=459.1 / 506.847
=(Revenue - Cost of Goods Sold) / Revenue
=(506.847 - 47.789) / 506.847
=90.57 %

Merlin Properties SOCIMI'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 )
=106.5 / 117.941
=(Revenue - Cost of Goods Sold) / Revenue
=(117.941 - 11.424) / 117.941
=90.31 %

* 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.


Merlin Properties SOCIMI  (OTCPK:MRPRF) 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

Merlin Properties SOCIMI had a gross margin of 90.31% 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.


Merlin Properties SOCIMI Gross Margin % Related Terms

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Merlin Properties SOCIMI (Merlin Properties SOCIMI) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 257, Madrid, ESP, 28046
Merlin Properties SOCIMI SA is a Spain-based company engaged in the operation of the real estate investment trust. The main activity of the company is the acquisition, active management, operation and selective rotation of quality commercial real estate assets in the "Core" and "Core-Plus" investment segments, mainly in Spain and, to a lesser extent, in Portugal. Its segments are based on the type of assets namely Office buildings, Net lease, Shopping centers, Logistics assets, and others. The company generates the maximum revenue from the Office buildings segment.

Merlin Properties SOCIMI (Merlin Properties SOCIMI) Headlines