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Goodman Group (ASX:GMG) Net Margin % : 17.46% (As of Dec. 2023)


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What is Goodman Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Goodman Group's Net Income for the six months ended in Dec. 2023 was A$93 Mil. Goodman Group's Revenue for the six months ended in Dec. 2023 was A$532 Mil. Therefore, Goodman Group's net margin for the quarter that ended in Dec. 2023 was 17.46%.

The historical rank and industry rank for Goodman Group's Net Margin % or its related term are showing as below:

ASX:GMG' s Net Margin % Range Over the Past 10 Years
Min: 37.57   Med: 87.69   Max: 166.74
Current: 37.57


ASX:GMG's Net Margin % is ranked better than
84.35% of 1789 companies
in the Real Estate industry
Industry Median: 5.92 vs ASX:GMG: 37.57

Goodman Group Net Margin % Historical Data

The historical data trend for Goodman Group's Net 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.

Goodman Group Net Margin % Chart

Goodman Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.00 101.55 124.56 166.74 80.38

Goodman Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net 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 201.41 134.00 110.46 48.85 17.46

Competitive Comparison of Goodman Group's Net Margin %

For the Real Estate - Diversified subindustry, Goodman Group's Net Margin %, along with its competitors' market caps and Net 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.


Goodman Group's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Goodman Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Goodman Group's Net Margin % falls into.



Goodman Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Goodman Group's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=1559.9/1940.7
=80.38 %

Goodman Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=92.8/531.5
=17.46 %

* 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.


Goodman Group  (ASX:GMG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Goodman Group Net Margin % Related Terms

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Goodman Group (ASX:GMG) Business Description

Traded in Other Exchanges
Address
1-11 Hayes Road, The Hayesbery, Rosebery, Sydney, NSW, AUS, 2018
Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, most Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.

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