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RL Commercial REIT (PHS:RCR) Gross Margin % : 93.47% (As of Dec. 2023)


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What is RL Commercial REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. RL Commercial REIT's Gross Profit for the three months ended in Dec. 2023 was ₱1,210 Mil. RL Commercial REIT's Revenue for the three months ended in Dec. 2023 was ₱1,294 Mil. Therefore, RL Commercial REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 93.47%.


The historical rank and industry rank for RL Commercial REIT's Gross Margin % or its related term are showing as below:

PHS:RCR' s Gross Margin % Range Over the Past 10 Years
Min: 86.67   Med: 86.83   Max: 87.77
Current: 87.77


During the past 5 years, the highest Gross Margin % of RL Commercial REIT was 87.77%. The lowest was 86.67%. And the median was 86.83%.

PHS:RCR's Gross Margin % is ranked better than
82.99% of 629 companies
in the REITs industry
Industry Median: 68.91 vs PHS:RCR: 87.77

RL Commercial REIT had a gross margin of 93.47% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RL Commercial REIT was 0.00% per year.


RL Commercial REIT Gross Margin % Historical Data

The historical data trend for RL Commercial REIT'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.

RL Commercial REIT Gross Margin % Chart

RL Commercial REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- - 86.67 87.37 86.83

RL Commercial REIT Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 90.77 85.39 87.40 85.07 93.47

Competitive Comparison of RL Commercial REIT's Gross Margin %

For the REIT - Office subindustry, RL Commercial REIT'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.


RL Commercial REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, RL Commercial REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RL Commercial REIT's Gross Margin % falls into.



RL Commercial REIT Gross Margin % Calculation

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

RL Commercial REIT'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 )
=4760.2 / 5482.046
=(Revenue - Cost of Goods Sold) / Revenue
=(5482.046 - 721.818) / 5482.046
=86.83 %

RL Commercial REIT's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1209.8 / 1294.368
=(Revenue - Cost of Goods Sold) / Revenue
=(1294.368 - 84.548) / 1294.368
=93.47 %

* 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.


RL Commercial REIT  (PHS:RCR) 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

RL Commercial REIT had a gross margin of 93.47% for the quarter that ended in Dec. 2023 => 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.


RL Commercial REIT Gross Margin % Related Terms

Thank you for viewing the detailed overview of RL Commercial REIT's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


RL Commercial REIT (PHS:RCR) Business Description

Traded in Other Exchanges
N/A
Address
Sapphire and Garnet Roads, Brgy. San Antonio, 25th Floor, Robinsons Cyberscape Alpha, Ortigas Center, Pasig City, PHL, 1605
RL Commercial REIT Inc is a real estate company established in the Philippines. Its portfolio includes Exxa Tower, Robinsons Galleria Cebu Office, and Zeta Tower among others.

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