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Altisource Portfolio Solutions (Altisource Portfolio Solutions) Gross Margin % : 24.67% (As of Dec. 2023)


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What is Altisource Portfolio Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Altisource Portfolio Solutions's Gross Profit for the three months ended in Dec. 2023 was $8.4 Mil. Altisource Portfolio Solutions's Revenue for the three months ended in Dec. 2023 was $34.2 Mil. Therefore, Altisource Portfolio Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 24.67%.

Warning Sign:

Altisource Portfolio Solutions SA gross margin has been in long-term decline. The average rate of decline per year is -11.2%.


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

ASPS' s Gross Margin % Range Over the Past 10 Years
Min: 3.97   Med: 24.84   Max: 34.63
Current: 20.44


During the past 13 years, the highest Gross Margin % of Altisource Portfolio Solutions was 34.63%. The lowest was 3.97%. And the median was 24.84%.

ASPS's Gross Margin % is ranked worse than
74.02% of 1655 companies
in the Real Estate industry
Industry Median: 36.8 vs ASPS: 20.44

Altisource Portfolio Solutions had a gross margin of 24.67% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Altisource Portfolio Solutions was -11.20% per year.


Altisource Portfolio Solutions Gross Margin % Historical Data

The historical data trend for Altisource Portfolio Solutions'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.

Altisource Portfolio Solutions Gross Margin % Chart

Altisource Portfolio Solutions 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 23.96 16.51 3.97 14.25 20.44

Altisource Portfolio Solutions 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 23.30 21.55 15.70 19.85 24.67

Competitive Comparison of Altisource Portfolio Solutions's Gross Margin %

For the Real Estate Services subindustry, Altisource Portfolio Solutions'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.


Altisource Portfolio Solutions's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Altisource Portfolio Solutions's Gross Margin % falls into.



Altisource Portfolio Solutions Gross Margin % Calculation

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

Altisource Portfolio Solutions'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 )
=29.7 / 145.066
=(Revenue - Cost of Goods Sold) / Revenue
=(145.066 - 115.414) / 145.066
=20.44 %

Altisource Portfolio Solutions'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 )
=8.4 / 34.157
=(Revenue - Cost of Goods Sold) / Revenue
=(34.157 - 25.73) / 34.157
=24.67 %

* 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.


Altisource Portfolio Solutions  (NAS:ASPS) 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

Altisource Portfolio Solutions had a gross margin of 24.67% for the quarter that ended in Dec. 2023 => 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.


Altisource Portfolio Solutions Gross Margin % Related Terms

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


Altisource Portfolio Solutions (Altisource Portfolio Solutions) Business Description

Traded in Other Exchanges
N/A
Address
33, Boulevard Prince Henri, Luxembourg, LUX, L-1724
Altisource Portfolio Solutions SA is an integrated service provider and marketplace for the real estate and mortgage industries. It operates via two reportable segment namely Servicer and Real Estate and Origination. The Servicer and Real Estate segment provides loan servicers and real estate investors with solutions and technologies that span the mortgage and real estate lifecycle. The Origination segment provides originators with solutions and technologies that span the mortgage origination lifecycle. Altisource primarily serves financial institutions, government-sponsored enterprises, and originators in the United States, with the majority of revenue flowing from field services and mortgage and real estate solutions.
Executives
Aldridge John G Jr director C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG CITY N4 L-1724
Michelle D. Esterman officer: Chief Financial Officer C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
William B Shepro director, officer: Chief Executive Officer C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Mary Hickok director 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Roland Mueller-ineichen director GAALIMATT 35, RAIN V8 CH-6026
Gregory J. Ritts officer: General Counsel C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
W Michael Linn director 40, AVENUE MONTEREY, LUXEMBOURG N4 L-2163
Marcello Mastioni officer: PRES, REAL ESTATE MARKETPLACE 40, AVENUE MONTEREY, LUXEMBOURG CITY N4 L-2163
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Indroneel Chatterjee officer: Chief Financial Officer 40, AVENUE MONTEREY, LUXEMBOURG CITY N4 L-2163
Orin S Kramer director 2050 CENTER AVE, SUITE 300, FORT LEE NJ 07024
Joseph L Morettini director 1375 PORTMARNOCK DRIVE, ALPHARETTA GA 30005
Deer Park Road Management Gp, Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487