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Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Gross Margin % : 92.57% (As of Mar. 2024)


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What is Corporacion Inmobiliaria VestaB de CV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Corporacion Inmobiliaria VestaB de CV's Gross Profit for the three months ended in Mar. 2024 was $56.1 Mil. Corporacion Inmobiliaria VestaB de CV's Revenue for the three months ended in Mar. 2024 was $60.6 Mil. Therefore, Corporacion Inmobiliaria VestaB de CV's Gross Margin % for the quarter that ended in Mar. 2024 was 92.57%.


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

VESTF' s Gross Margin % Range Over the Past 10 Years
Min: 91.19   Med: 94.59   Max: 95.72
Current: 91.19


During the past 13 years, the highest Gross Margin % of Corporacion Inmobiliaria VestaB de CV was 95.72%. The lowest was 91.19%. And the median was 94.59%.

VESTF's Gross Margin % is ranked better than
94.62% of 1655 companies
in the Real Estate industry
Industry Median: 36.56 vs VESTF: 91.19

Corporacion Inmobiliaria VestaB de CV had a gross margin of 92.57% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Corporacion Inmobiliaria VestaB de CV was -0.70% per year.


Corporacion Inmobiliaria VestaB de CV Gross Margin % Historical Data

The historical data trend for Corporacion Inmobiliaria VestaB 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.

Corporacion Inmobiliaria VestaB de CV Gross Margin % Chart

Corporacion Inmobiliaria VestaB 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 94.36 93.22 93.33 93.58 91.50

Corporacion Inmobiliaria VestaB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 92.08 94.18 89.64 91.30 92.57

Competitive Comparison of Corporacion Inmobiliaria VestaB de CV's Gross Margin %

For the Real Estate - Diversified subindustry, Corporacion Inmobiliaria VestaB 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.


Corporacion Inmobiliaria VestaB de CV's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Corporacion Inmobiliaria VestaB de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Corporacion Inmobiliaria VestaB de CV's Gross Margin % falls into.



Corporacion Inmobiliaria VestaB de CV Gross Margin % Calculation

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

Corporacion Inmobiliaria VestaB 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 )
=196.2 / 214.468
=(Revenue - Cost of Goods Sold) / Revenue
=(214.468 - 18.24) / 214.468
=91.50 %

Corporacion Inmobiliaria VestaB 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 )
=56.1 / 60.59
=(Revenue - Cost of Goods Sold) / Revenue
=(60.59 - 4.504) / 60.59
=92.57 %

* 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.


Corporacion Inmobiliaria VestaB de CV  (OTCPK:VESTF) 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

Corporacion Inmobiliaria VestaB de CV had a gross margin of 92.57% 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.


Corporacion Inmobiliaria VestaB de CV Gross Margin % Related Terms

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Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Business Description

Traded in Other Exchanges
Address
Paseo de los Tamarindos, 90 Torre 2, 28th Floor, Cuajimalpa de Morelos, Mexico, MEX, 05120
Corporacion Inmobiliaria Vesta SAB de CV is a real estate company dedicated to the development and leasing of industrial buildings and distribution centers in Mexico. The company designs and constructs park-to-suit projects across various industries; undertakes build-to-suit projects; and provides site selection, design and engineering, and sale and leaseback services. It serves aerospace, automotive, food and beverage, logistics, medical devices, plastics, and other industries.

Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Headlines