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Star Holdings (Star Holdings) Gross Margin % : 31.05% (As of Dec. 2023)


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What is Star Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Star Holdings's Gross Profit for the three months ended in Dec. 2023 was $15.5 Mil. Star Holdings's Revenue for the three months ended in Dec. 2023 was $49.8 Mil. Therefore, Star Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 31.05%.


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

STHO' s Gross Margin % Range Over the Past 10 Years
Min: -17.93   Med: -9.13   Max: 2.14
Current: -0.95


During the past 3 years, the highest Gross Margin % of Star Holdings was 2.14%. The lowest was -17.93%. And the median was -9.13%.

STHO's Gross Margin % is ranked worse than
95.52% of 1653 companies
in the Real Estate industry
Industry Median: 36.78 vs STHO: -0.95

Star Holdings had a gross margin of 31.05% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Star Holdings was 0.00% per year.


Star Holdings Gross Margin % Historical Data

The historical data trend for Star Holdings'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.

Star Holdings Gross Margin % Chart

Star Holdings Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
2.14 -17.93 -9.13

Star Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 36.64 -46.43 -26.75 -18.97 31.05

Competitive Comparison of Star Holdings's Gross Margin %

For the Real Estate Services subindustry, Star Holdings'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.


Star Holdings's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Star Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Star Holdings's Gross Margin % falls into.



Star Holdings Gross Margin % Calculation

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

Star Holdings'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 )
=-9.2 / 101.173
=(Revenue - Cost of Goods Sold) / Revenue
=(101.173 - 110.41) / 101.173
=-9.13 %

Star Holdings'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 )
=15.5 / 49.777
=(Revenue - Cost of Goods Sold) / Revenue
=(49.777 - 34.322) / 49.777
=31.05 %

* 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.


Star Holdings  (NAS:STHO) 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

Star Holdings had a gross margin of 31.05% for the quarter that ended in Dec. 2023 => 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.


Star Holdings Gross Margin % Related Terms

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


Star Holdings (Star Holdings) Business Description

Traded in Other Exchanges
Address
1114 Avenue of the Americas,, 39th Floor, New York, NY, USA, 10036
Star Holdings engages in non-ground lease-related businesses, including real estate finance, operating properties, and land and development. Its portfolio is comprised primarily of its interests in Asbury and Magnolia Green residential development projects, a portfolio of commercial real estate properties, and loans that are being marketed for sale. It focuses on realizing value for shareholders from the legacy portfolio primarily by maximizing cash flows through active asset management and asset sales.
Executives
Brett Asnas officer: Chief Financial Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Garett Rosenblum officer: CHIEF ACCOUNTING OFFICER C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Marcos Alvarado officer: Vice President 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Richard J Lieb director, other: Member of Board of Trustees C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022
Clifford Desouza director, other: Member of Board of Trustees C/O ISTAR, 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Nina Matis director, other: Member of Board of Trustees 1114 AVENUE OF THE AMERICAS, 12TH FL, NEW YORK NY 10036
Jay Sugarman director, officer: President, other: Member of Board of Trustees 24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Istar Inc. 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036

Star Holdings (Star Holdings) Headlines

From GuruFocus

Star Holdings Reports First Quarter 2023 Results

By PRNewswire PRNewswire 05-11-2023