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CorePoint Lodging Gross Margin %

: 38.03% (As of Sep. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. CorePoint Lodging's Gross Profit for the three months ended in Sep. 2021 was $54.0 Mil. CorePoint Lodging's Revenue for the three months ended in Sep. 2021 was $142.0 Mil. Therefore, CorePoint Lodging's Gross Margin % for the quarter that ended in Sep. 2021 was 38.03%.

Warning Sign:

CorePoint Lodging Inc gross margin has been in long-term decline. The average rate of decline per year is -26.6%.


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

CPLG' s Gross Margin % Range Over the Past 10 Years
Min: 13.63   Med: 34.95   Max: 97.75
Current: 27.21


During the past 6 years, the highest Gross Margin % of CorePoint Lodging was 97.75%. The lowest was 13.63%. And the median was 34.95%.

CPLG's Gross Margin % is ranked worse than
95.69% of 649 companies
in the REITs industry
Industry Median: 68.66 vs CPLG: 27.21

CorePoint Lodging had a gross margin of 38.03% for the quarter that ended in Sep. 2021 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CorePoint Lodging was -26.60% per year.


CorePoint Lodging Gross Margin % Historical Data

The historical data trend for CorePoint Lodging'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.

CorePoint Lodging Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Premium Member Only 39.27 36.72 33.18 29.19 13.63

CorePoint Lodging Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 19.63 6.98 17.53 35.51 38.03

Competitive Comparison

For the REIT - Hotel & Motel subindustry, CorePoint Lodging'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.

   

CorePoint Lodging Gross Margin % Distribution

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

* The bar in red indicates where CorePoint Lodging's Gross Margin % falls into.



CorePoint Lodging Gross Margin % Calculation

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

CorePoint Lodging'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 )
=56 / 411
=(Revenue - Cost of Goods Sold) / Revenue
=(411 - 355) / 411
=13.63 %

CorePoint Lodging's Gross Margin for the quarter that ended in Sep. 2021 is calculated as


Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=54 / 142
=(Revenue - Cost of Goods Sold) / Revenue
=(142 - 88) / 142
=38.03 %

* 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.


CorePoint Lodging  (NYSE:CPLG) 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

CorePoint Lodging had a gross margin of 38.03% for the quarter that ended in Sep. 2021 => 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.


CorePoint Lodging Gross Margin % Related Terms

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


CorePoint Lodging Business Description

CorePoint Lodging logo
Traded in Other Exchanges
N/A
Address
125 E. John Carpenter Freeway, Suite 1650, Irving, TX, USA, 75062
CorePoint Lodging Inc is a lodging real estate investment trust strategically focused on serving the midscale and upper-midscale select-service lodging segments. The company's portfolio includes over 209 hotels with around 27,800 rooms in locations in or near employment centers, airports, and major travel thoroughfares. The company primarily derives revenues from its hotel operations.
Executives
Alba Glenn director C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Birch Jean director 3050 SOFT HORIZON WAY LAS VEGAS NV 89135
Isaac B Anthony director C/O EVERGY, INC. 1200 MAIN STREET KANSAS CITY MO 64105
Gould Alice E director C/O COREPOINT LODGING INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Loeb David director C/O COREPOINT LODGING INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Shah Mitesh B. director LA QUINTA HOLDINGS INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Bowers Alan J director 7272 WISCONSIN AVENUE SUITE 1300 BETHESDA MD 20814
Abrahamson James R director C/O MARCUS CORP 100 EAST WISCONSIN AVE, SUITE 1900 MILWAUKEE WI 53202-4125
Swanstrom Daniel E Ii officer: EVP and CFO C/O MONOGRAM RESIDENTIAL TRUST, INC. 5800 GRANITE PARKWAY, SUITE 1000 PLANO TX 75024
Garfield Howard Steven officer: SVP, CAO & Treasurer 15601 DALLAS PARKWAY SUITE 600 ADDISON TX 75001
Chloupek Mark M. officer: See Remarks LA QUINTA HOLDINGS INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Cline Keith A. director, officer: President & CEO LA QUINTA HOLDINGS INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Cantele John W officer: EVP & COO C/O LA QUINTA HOLDINGS INC. 909 HIDDEN RIDGE, SUITE 600 IRVING TX 75038
Wih Hotels L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Blackstone Real Estate Partners Iv L.p. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154

CorePoint Lodging Headlines

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