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PSP Swiss Property AG (XSWX:PSPN) Gross Margin % : 90.10% (As of Dec. 2023)


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What is PSP Swiss Property AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PSP Swiss Property AG's Gross Profit for the three months ended in Dec. 2023 was CHF78.3 Mil. PSP Swiss Property AG's Revenue for the three months ended in Dec. 2023 was CHF86.9 Mil. Therefore, PSP Swiss Property AG's Gross Margin % for the quarter that ended in Dec. 2023 was 90.10%.


The historical rank and industry rank for PSP Swiss Property AG's Gross Margin % or its related term are showing as below:

XSWX:PSPN' s Gross Margin % Range Over the Past 10 Years
Min: 71.35   Med: 84.39   Max: 88.44
Current: 88.44


During the past 13 years, the highest Gross Margin % of PSP Swiss Property AG was 88.44%. The lowest was 71.35%. And the median was 84.39%.

XSWX:PSPN's Gross Margin % is ranked better than
92.91% of 1650 companies
in the Real Estate industry
Industry Median: 36.66 vs XSWX:PSPN: 88.44

PSP Swiss Property AG had a gross margin of 90.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PSP Swiss Property AG was -0.40% per year.


PSP Swiss Property AG Gross Margin % Historical Data

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG Gross Margin % Chart

PSP Swiss Property AG 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 83.85 85.32 81.33 77.30 88.44

PSP Swiss Property AG 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 87.64 88.94 85.85 89.31 90.10

Competitive Comparison of PSP Swiss Property AG's Gross Margin %

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PSP Swiss Property AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PSP Swiss Property AG's Gross Margin % falls into.



PSP Swiss Property AG Gross Margin % Calculation

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

PSP Swiss Property AG'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 )
=325.7 / 368.308
=(Revenue - Cost of Goods Sold) / Revenue
=(368.308 - 42.562) / 368.308
=88.44 %

PSP Swiss Property AG'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 )
=78.3 / 86.896
=(Revenue - Cost of Goods Sold) / Revenue
=(86.896 - 8.605) / 86.896
=90.10 %

* 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.


PSP Swiss Property AG  (XSWX:PSPN) 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

PSP Swiss Property AG had a gross margin of 90.10% 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.


PSP Swiss Property AG Gross Margin % Related Terms

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


PSP Swiss Property AG (XSWX:PSPN) Business Description

Traded in Other Exchanges
Address
Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company. The company reports three business units: real estate investments, property management, and holding. The vast majority of revenue is generated by rental income. All PSP property is located in Switzerland. The company considers merger and acquisition investment as a potential component of its operational growth strategy. The company's real estate investment segment invests exclusively in commercial properties, with leases primarily in office and retail property.

PSP Swiss Property AG (XSWX:PSPN) Headlines

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