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Keystone Law Group (LSE:KEYS) Gross Margin % : 25.72% (As of Jan. 2024)


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What is Keystone Law Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Keystone Law Group's Gross Profit for the six months ended in Jan. 2024 was £11.74 Mil. Keystone Law Group's Revenue for the six months ended in Jan. 2024 was £45.63 Mil. Therefore, Keystone Law Group's Gross Margin % for the quarter that ended in Jan. 2024 was 25.72%.


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

LSE:KEYS' s Gross Margin % Range Over the Past 10 Years
Min: 25.37   Med: 25.98   Max: 27.56
Current: 25.96


During the past 10 years, the highest Gross Margin % of Keystone Law Group was 27.56%. The lowest was 25.37%. And the median was 25.98%.

LSE:KEYS's Gross Margin % is ranked worse than
63.97% of 988 companies
in the Business Services industry
Industry Median: 34.315 vs LSE:KEYS: 25.96

Keystone Law Group had a gross margin of 25.72% for the quarter that ended in Jan. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Keystone Law Group was -0.80% per year.


Keystone Law Group Gross Margin % Historical Data

The historical data trend for Keystone Law Group'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.

Keystone Law Group Gross Margin % Chart

Keystone Law Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.65 25.91 26.43 25.99 25.96

Keystone Law Group Semi-Annual Data
Jan15 Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 26.37 26.36 25.65 26.22 25.72

Competitive Comparison of Keystone Law Group's Gross Margin %

For the Specialty Business Services subindustry, Keystone Law Group'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.


Keystone Law Group's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Keystone Law Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Keystone Law Group's Gross Margin % falls into.



Keystone Law Group Gross Margin % Calculation

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

Keystone Law Group's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=22.8 / 87.931
=(Revenue - Cost of Goods Sold) / Revenue
=(87.931 - 65.102) / 87.931
=25.96 %

Keystone Law Group's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=11.7 / 45.626
=(Revenue - Cost of Goods Sold) / Revenue
=(45.626 - 33.889) / 45.626
=25.72 %

* 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.


Keystone Law Group  (LSE:KEYS) 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

Keystone Law Group had a gross margin of 25.72% for the quarter that ended in Jan. 2024 => Competition eroding margins


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.


Keystone Law Group Gross Margin % Related Terms

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Keystone Law Group (LSE:KEYS) Business Description

Traded in Other Exchanges
N/A
Address
48 Chancery Lane, London, GBR, WC2A 1JF
Keystone Law Group PLC is a law firm. The company provides legal services to a client base comprising of small and medium enterprises and private individuals. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, and private client. It derives revenue from rendering of services and other revenue. It serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.