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Mapletree Logistics Trust (SGX:M44U) Gross Margin % : 73.95% (As of Dec. 2023)


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What is Mapletree Logistics Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mapletree Logistics Trust's Gross Profit for the three months ended in Dec. 2023 was S$136.1 Mil. Mapletree Logistics Trust's Revenue for the three months ended in Dec. 2023 was S$184.0 Mil. Therefore, Mapletree Logistics Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 73.95%.


The historical rank and industry rank for Mapletree Logistics Trust's Gross Margin % or its related term are showing as below:

SGX:M44U' s Gross Margin % Range Over the Past 10 Years
Min: 72.8   Med: 74.5   Max: 77.97
Current: 74.05


During the past 13 years, the highest Gross Margin % of Mapletree Logistics Trust was 77.97%. The lowest was 72.80%. And the median was 74.50%.

SGX:M44U's Gross Margin % is ranked better than
60.67% of 628 companies
in the REITs industry
Industry Median: 68.83 vs SGX:M44U: 74.05

Mapletree Logistics Trust had a gross margin of 73.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mapletree Logistics Trust was 0.20% per year.


Mapletree Logistics Trust Gross Margin % Historical Data

The historical data trend for Mapletree Logistics Trust'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.

Mapletree Logistics Trust Gross Margin % Chart

Mapletree Logistics Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.55 77.97 77.01 75.48 74.44

Mapletree Logistics Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.70 73.91 74.27 74.05 73.95

Competitive Comparison of Mapletree Logistics Trust's Gross Margin %

For the REIT - Industrial subindustry, Mapletree Logistics Trust'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.


Mapletree Logistics Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mapletree Logistics Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mapletree Logistics Trust's Gross Margin % falls into.



Mapletree Logistics Trust Gross Margin % Calculation

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

Mapletree Logistics Trust's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=543.9 / 730.646
=(Revenue - Cost of Goods Sold) / Revenue
=(730.646 - 186.774) / 730.646
=74.44 %

Mapletree Logistics Trust'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 )
=136.1 / 184.02
=(Revenue - Cost of Goods Sold) / Revenue
=(184.02 - 47.936) / 184.02
=73.95 %

* 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.


Mapletree Logistics Trust  (SGX:M44U) 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

Mapletree Logistics Trust had a gross margin of 73.95% 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.


Mapletree Logistics Trust Gross Margin % Related Terms

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


Mapletree Logistics Trust (SGX:M44U) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Logistics Trust is a real estate investment trust focusing on logistics properties. As of March 31, 2023, the trust had a SGD 12.8 billion portfolio of 185 properties, spread across Singapore, Hong Kong, Japan, China, South Korea, Australia, Malaysia, Vietnam, and India. The trust is externally managed by Mapletree Logistics Trust Management Ltd, a subsidiary of Mapletree Investments Pte Ltd, which owns around a 32% stake in the trust.

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