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Silver Bay Realty Trust (Silver Bay Realty Trust) Gross Margin % : 60.81% (As of Dec. 2016)


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What is Silver Bay Realty Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Silver Bay Realty Trust's Gross Profit for the three months ended in Dec. 2016 was $19.7 Mil. Silver Bay Realty Trust's Revenue for the three months ended in Dec. 2016 was $32.5 Mil. Therefore, Silver Bay Realty Trust's Gross Margin % for the quarter that ended in Dec. 2016 was 60.81%.


The historical rank and industry rank for Silver Bay Realty Trust's Gross Margin % or its related term are showing as below:


SBY's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 68.745
* Ranked among companies with meaningful Gross Margin % only.

Silver Bay Realty Trust had a gross margin of 60.81% for the quarter that ended in Dec. 2016 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Silver Bay Realty Trust was 0.00% per year.


Silver Bay Realty Trust Gross Margin % Historical Data

The historical data trend for Silver Bay Realty Trust'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.

Silver Bay Realty Trust Gross Margin % Chart

Silver Bay Realty Trust Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16
Gross Margin %
-10.37 35.12 49.98 55.18 57.65

Silver Bay Realty Trust Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 57.94 56.50 57.57 55.60 60.81

Competitive Comparison of Silver Bay Realty Trust's Gross Margin %

For the REIT - Residential subindustry, Silver Bay Realty Trust'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.


Silver Bay Realty Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Silver Bay Realty Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Silver Bay Realty Trust's Gross Margin % falls into.



Silver Bay Realty Trust Gross Margin % Calculation

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

Silver Bay Realty Trust's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )=Gross Profit (A: Dec. 2016 ) / Revenue (A: Dec. 2016 )
=73 / 126.635
=(Revenue - Cost of Goods Sold) / Revenue
=(126.635 - 53.634) / 126.635
=57.65 %

Silver Bay Realty Trust's Gross Margin for the quarter that ended in Dec. 2016 is calculated as


Gross Margin % (Q: Dec. 2016 )=Gross Profit (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=19.7 / 32.45
=(Revenue - Cost of Goods Sold) / Revenue
=(32.45 - 12.717) / 32.45
=60.81 %

* 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.


Silver Bay Realty Trust  (NYSE:SBY) 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

Silver Bay Realty Trust had a gross margin of 60.81% for the quarter that ended in Dec. 2016 => 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.


Silver Bay Realty Trust Gross Margin % Related Terms

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


Silver Bay Realty Trust (Silver Bay Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Silver Bay Realty Trust Corp was incorporated in Maryland in June 2012. The Company is engaged in acquisition, renovation, leasing, and management of single-family properties in select markets in the United States. As of December 31, 2013, the company owned 5,642 single-family properties in Arizona, California, Florida, Georgia, Nevada, North Carolina, Ohio, and Texas, excluding properties held for sale. The Company conducts its business and owns all of its properties through Silver Bay Operating Partnership L.P., or the Operating Partnership, a Delaware limited partnership. acquire single-family properties through a variety of acquisition channels, including brokers, multiple listing services, short sales, foreclosure auctions, online auctions, and bulk purchases from institutions or investor groups. The Company face competition from individual investors, private pools of capital and other institutional buyers which may increase the prices for properties that they would like to purchase and reduce its ability to achieve its desired portfolio size or expected yields. They also compete for desirable residents against the same entities as well as multifamily lessors. The Company's properties are subject to various covenants, laws, and ordinances, and certain of its properties are also subject to the rules of the various homeowners' associations where such properties are located.
Executives
Tanuja M Dehne director C/O SILVER BAY REALTY TRUST CORP., 601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305
William Reid Sanders director C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Thomas W Brock director, officer: Chief Executive Officer 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Stephen G Kasnet director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Thomas Siering director TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Daryl J Carter director CAPRI CAPITAL LP, 18301 VON KARMAN AVE STE 750, IRVIN CA 92612
Christine Battist officer: Chief Financial Officer 601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305
Brian Taylor director C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Obrien Timothy W J officer: Secretary TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 330, MINNETONKA MN 55305
William W Johnson director TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Two Harbors Investment Corp. 10 percent owner 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Two Harbors Operating Co Llc 10 percent owner 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Pine River Capital Management Llc 10 percent owner 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305

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