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eXp World Holdings Gross Margin %

: 9.16% (As of Mar. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. eXp World Holdings's Gross Profit for the three months ended in Mar. 2021 was $53 Mil. eXp World Holdings's Revenue for the three months ended in Mar. 2021 was $584 Mil. Therefore, eXp World Holdings's Gross Margin % for the quarter that ended in Mar. 2021 was 9.16%.

Warning Sign:

eXp World Holdings Inc gross margin has been in long term decline. The average rate of decline per year is -11.2%.


NAS:EXPI' s Gross Margin % Range Over the Past 10 Years
Min: 8.08   Med: 10.57   Max: 16.97
Current: 8.77

8.08
16.97

During the past 11 years, the highest Gross Margin % of eXp World Holdings was 16.97%. The lowest was 8.08%. And the median was 10.57%.

NAS:EXPI's Gross Margin % is ranked lower than
92% of the 1622 Companies
in the Real Estate industry.

( Industry Median: 36.26 vs. NAS:EXPI: 8.77 )

eXp World Holdings had a gross margin of 9.16% for the quarter that ended in Mar. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for eXp World Holdings was -11.20% per year.


eXp World Holdings Gross Margin % Historical Data

* 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.

eXp World Holdings Annual Data
Jun11 Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.29 10.57 8.08 8.58 8.88

eXp World Holdings Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 10.32 9.72 8.31 8.27 9.16

Competitive Comparison
* 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.


eXp World Holdings Gross Margin % Distribution

* The bar in red indicates where eXp World Holdings's Gross Margin % falls into.



eXp World Holdings Gross Margin % Calculation

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

eXp World Holdings's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=159.6 / 1798.285
=(Revenue - Cost of Goods Sold) / Revenue
=(1798.285 - 1638.674) / 1798.285
=8.88 %

eXp World Holdings's Gross Margin for the quarter that ended in Mar. 2021 is calculated as


Gross Margin % (Q: Mar. 2021 )=Gross Profit (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=53.5 / 583.833
=(Revenue - Cost of Goods Sold) / Revenue
=(583.833 - 530.347) / 583.833
=9.16 %

* 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.


eXp World Holdings  (NAS:EXPI) 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

eXp World Holdings had a gross margin of 9.16% for the quarter that ended in Mar. 2021 => No sustainable 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.


eXp World Holdings Gross Margin % Related Terms


eXp World Holdings Gross Margin % Headlines

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