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Doma Holdings (Doma Holdings) Gross Margin % : 4.55% (As of Dec. 2023)


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What is Doma Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Doma Holdings's Gross Profit for the three months ended in Dec. 2023 was $3.8 Mil. Doma Holdings's Revenue for the three months ended in Dec. 2023 was $84.6 Mil. Therefore, Doma Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 4.55%.


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

DOMA' s Gross Margin % Range Over the Past 10 Years
Min: -17.67   Med: 3.85   Max: 13.67
Current: -2.64


During the past 5 years, the highest Gross Margin % of Doma Holdings was 13.67%. The lowest was -17.67%. And the median was 3.85%.

DOMA's Gross Margin % is ranked worse than
96.15% of 52 companies
in the Insurance industry
Industry Median: 43.135 vs DOMA: -2.64

Doma Holdings had a gross margin of 4.55% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Doma Holdings was 0.00% per year.


Doma Holdings Gross Margin % Historical Data

The historical data trend for Doma Holdings'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.

Doma Holdings Gross Margin % Chart

Doma Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
13.67 11.26 3.85 -17.67 -2.67

Doma Holdings Quarterly Data
Dec19 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 -12.77 -20.69 3.45 -0.13 4.55

Competitive Comparison of Doma Holdings's Gross Margin %

For the Insurance - Property & Casualty subindustry, Doma Holdings'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.


Doma Holdings's Gross Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Doma Holdings's Gross Margin % distribution charts can be found below:

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



Doma Holdings Gross Margin % Calculation

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

Doma Holdings'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 )
=-8.3 / 310.943
=(Revenue - Cost of Goods Sold) / Revenue
=(310.943 - 319.251) / 310.943
=-2.67 %

Doma Holdings'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 )
=3.8 / 84.612
=(Revenue - Cost of Goods Sold) / Revenue
=(84.612 - 80.766) / 84.612
=4.55 %

* 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.


Doma Holdings  (NYSE:DOMA) 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

Doma Holdings had a gross margin of 4.55% for the quarter that ended in Dec. 2023 => 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.


Doma Holdings Gross Margin % Related Terms

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


Doma Holdings (Doma Holdings) Business Description

Traded in Other Exchanges
N/A
Address
101 Mission Street, Suite 740, San Francisco, CA, USA, 94105
Doma Holdings Inc is architecting the future of real estate transactions. The company uses machine intelligence and its patented technology solutions to transform residential real estate, making closings instant and affordable. The company operates through two complementary segments- Distribution and Underwriting. Majority revenue is generated from Underwriting segment. Underwriting segment reflects the results of their title insurance underwriting business, including policies referred through Direct Agents and Third-Party Agents channels. The referring agents typically retain approximately 82% - 84% of the policy premiums in exchange for their services.
Executives
Michael Alan Smith officer: Chief Accounting Officer C/O CAPITALSOURCE INC., 5404 WISCONSIN AVENUE, 2ND FLOOR, CHEVY CHASE MD 20815
Maxwell Simkoff director, 10 percent owner, officer: Chief Executive Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Hasan Rizvi officer: Chief Technology Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Len X, Llc 10 percent owner 700 NW 107 AVENUE, MIAMI FL 33172
Lennar Corp /new/ 10 percent owner 5505 WATERFORD DISTRICT DRIVE, MIAMI FL 33126
Mark Ein director
Len Fw Investor, Llc 10 percent owner 700 NW 107 AVENUE, MIAMI FL 33172
Maxine Williams director 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Foundation Capital Viii, L.p. 10 percent owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Viii Principals Fund, L.l.c. 10 percent owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Lf Ii, L.l.c. 10 percent owner 550 HIGH STREET, 3RD FLOOR, PALO ALTO CA 94301
Foundation Capital Leadership Fund Ii, L.p. 10 percent owner 550 HIGH STREET, 3RD FLOOR, PALO ALTO CA 94301
Stuart A Miller director 700 NW 107TH AVE, MIAMI FL 33172
Christopher T Morrison officer: Chief Operating Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Eric J Watson officer: General Counsel & Secretary 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105