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Vicinity Centres (ASX:VCX) Net Margin % : 74.09% (As of Dec. 2024)


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What is Vicinity Centres Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vicinity Centres's Net Income for the six months ended in Dec. 2024 was A$493 Mil. Vicinity Centres's Revenue for the six months ended in Dec. 2024 was A$665 Mil. Therefore, Vicinity Centres's net margin for the quarter that ended in Dec. 2024 was 74.09%.

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

ASX:VCX' s Net Margin % Range Over the Past 10 Years
Min: -148.52   Med: 56.99   Max: 121.62
Current: 61.74


ASX:VCX's Net Margin % is ranked better than
64.8% of 929 companies
in the REITs industry
Industry Median: 41.33 vs ASX:VCX: 61.74

Vicinity Centres Net Margin % Historical Data

The historical data trend for Vicinity Centres'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.

Vicinity Centres Net Margin % Chart

Vicinity Centres Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -148.52 -23.54 103.00 21.30 41.54

Vicinity Centres Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 27.70 14.92 33.86 49.24 74.09

Competitive Comparison of Vicinity Centres's Net Margin %

For the REIT - Retail subindustry, Vicinity Centres'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.


Vicinity Centres's Net Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Vicinity Centres's Net Margin % falls into.


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Vicinity Centres 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.

Vicinity Centres's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin=Net Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=547.1/1317.2
=41.54 %

Vicinity Centres's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=492.6/664.9
=74.09 %

* 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.


Vicinity Centres  (ASX:VCX) 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.


Vicinity Centres Net Margin % Related Terms

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Vicinity Centres Business Description

Traded in Other Exchanges
Address
1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
Vicinity Centres operates over 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.

Vicinity Centres Headlines

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