Scentre Group (ASX:SCG) Net Margin % : 2.02% (As of Dec. 2023)

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What is Scentre Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Scentre Group's Net Income for the six months ended in Dec. 2023 was A$26 Mil. Scentre Group's Revenue for the six months ended in Dec. 2023 was A$1,260 Mil. Therefore, Scentre Group's net margin for the quarter that ended in Dec. 2023 was 2.02%.

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

ASX:SCG' s Net Margin % Range Over the Past 10 Years
Min: -172.58 Med: 65.94 Max: 304.29
Current: 6.97

ASX:SCG's Net Margin % is ranked worse than
66% of 797 companies
in the REITs industry
Industry Median: 32.84 vs ASX:SCG: 6.97

Scentre Group Net Margin % Historical Data

The historical data trend for Scentre 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.

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Scentre Group Net Margin % Chart

Scentre Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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45.08

-172.58

38.93

12.23

6.97

Scentre 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															40.65	40.79	-13.98	11.95	2.02

Competitive Comparison of Scentre Group's Net Margin %

For the REIT - Retail subindustry, Scentre 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.

Scentre Group's Net Margin % Distribution in the REITs Industry

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

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

Scentre 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.

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

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	174.9	/	2510.3
	=	6.97 %

Scentre 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 )
	=	25.5	/	1260
	=	2.02 %

Scentre Group (ASX:SCG) 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.

Scentre Group Net Margin % Related Terms

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Scentre Group (ASX:SCG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

STGPF:USA

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.