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PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Gross Margin % : 75.90% (As of Mar. 2024)


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What is PrologisProperty Mexico de CV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PrologisProperty Mexico de CV's Gross Profit for the three months ended in Mar. 2024 was $69.2 Mil. PrologisProperty Mexico de CV's Revenue for the three months ended in Mar. 2024 was $91.1 Mil. Therefore, PrologisProperty Mexico de CV's Gross Margin % for the quarter that ended in Mar. 2024 was 75.90%.

Warning Sign:

PrologisProperty Mexico SA de CV gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


The historical rank and industry rank for PrologisProperty Mexico de CV's Gross Margin % or its related term are showing as below:

FBBPF' s Gross Margin % Range Over the Past 10 Years
Min: 34.62   Med: 86.4   Max: 87.1
Current: 34.62


During the past 10 years, the highest Gross Margin % of PrologisProperty Mexico de CV was 87.10%. The lowest was 34.62%. And the median was 86.40%.

FBBPF's Gross Margin % is ranked worse than
92.36% of 628 companies
in the REITs industry
Industry Median: 68.93 vs FBBPF: 34.62

PrologisProperty Mexico de CV had a gross margin of 75.90% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PrologisProperty Mexico de CV was -8.60% per year.


PrologisProperty Mexico de CV Gross Margin % Historical Data

The historical data trend for PrologisProperty Mexico de CV'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.

PrologisProperty Mexico de CV Gross Margin % Chart

PrologisProperty Mexico de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.31 87.06 71.14 65.06 57.49

PrologisProperty Mexico de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 77.91 0.52 84.90 -23.36 75.90

Competitive Comparison of PrologisProperty Mexico de CV's Gross Margin %

For the REIT - Industrial subindustry, PrologisProperty Mexico de CV'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.


PrologisProperty Mexico de CV's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, PrologisProperty Mexico de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PrologisProperty Mexico de CV's Gross Margin % falls into.



PrologisProperty Mexico de CV Gross Margin % Calculation

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

PrologisProperty Mexico de CV'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 )
=189.9 / 330.285
=(Revenue - Cost of Goods Sold) / Revenue
=(330.285 - 140.394) / 330.285
=57.49 %

PrologisProperty Mexico de CV's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=69.2 / 91.12
=(Revenue - Cost of Goods Sold) / Revenue
=(91.12 - 21.96) / 91.12
=75.90 %

* 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.


PrologisProperty Mexico de CV  (OTCPK:FBBPF) 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

PrologisProperty Mexico de CV had a gross margin of 75.90% for the quarter that ended in Mar. 2024 => 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.


PrologisProperty Mexico de CV Gross Margin % Related Terms

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PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Business Description

Traded in Other Exchanges
Address
Paseo de los Tamarindos No. 90, Torre 2, Piso 22, Bosques de las Lomas, Mexico City, MEX, 05120
PrologisProperty Mexico SA de CV, formerly FIBRA Prologis is engaged in the acquisition, ownership, and leasing of industrial properties throughout Mexico. The company's real estate portfolio primarily comprises large warehouse buildings. Most of the square feet under Fibra Prologis' ownership is used for consumption-driven purposes, while a sizable percentage is also used for manufacturing. The company derives nearly all of its revenue as lease rental income from multinational firms. This income is fairly evenly split between its manufacturing-related facilities in Northern Mexico and consumption-related facilities located mainly in Central and Southern Mexico. In terms of total revenue, the majority of Fibra Prologis' customers are general retailers and third-party logistics firms.

PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Headlines