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Levinstein Properties (XTAE:LVPR) Gross Margin % : 87.58% (As of Dec. 2023)


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What is Levinstein Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Levinstein Properties's Gross Profit for the three months ended in Dec. 2023 was ₪17.29 Mil. Levinstein Properties's Revenue for the three months ended in Dec. 2023 was ₪19.74 Mil. Therefore, Levinstein Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 87.58%.


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

XTAE:LVPR' s Gross Margin % Range Over the Past 10 Years
Min: 85.2   Med: 87.92   Max: 93.45
Current: 88.39


During the past 13 years, the highest Gross Margin % of Levinstein Properties was 93.45%. The lowest was 85.20%. And the median was 87.92%.

XTAE:LVPR's Gross Margin % is ranked better than
92.93% of 1655 companies
in the Real Estate industry
Industry Median: 36.56 vs XTAE:LVPR: 88.39

Levinstein Properties had a gross margin of 87.58% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Levinstein Properties was 0.60% per year.


Levinstein Properties Gross Margin % Historical Data

The historical data trend for Levinstein Properties'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.

Levinstein Properties Gross Margin % Chart

Levinstein Properties 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 86.92 87.60 86.43 88.24 88.39

Levinstein Properties 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 88.60 89.20 89.01 87.76 87.58

Competitive Comparison of Levinstein Properties's Gross Margin %

For the Real Estate - Development subindustry, Levinstein Properties'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.


Levinstein Properties's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Levinstein Properties's Gross Margin % falls into.



Levinstein Properties Gross Margin % Calculation

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

Levinstein Properties'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 )
=72 / 81.508
=(Revenue - Cost of Goods Sold) / Revenue
=(81.508 - 9.466) / 81.508
=88.39 %

Levinstein Properties'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 )
=17.3 / 19.737
=(Revenue - Cost of Goods Sold) / Revenue
=(19.737 - 2.452) / 19.737
=87.58 %

* 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.


Levinstein Properties  (XTAE:LVPR) 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

Levinstein Properties had a gross margin of 87.58% 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.


Levinstein Properties Gross Margin % Related Terms

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Levinstein Properties (XTAE:LVPR) Business Description

Traded in Other Exchanges
N/A
Address
Menachem Begin Road, Tel Aviv, ISR, 23
Levinstein Properties Ltd is engaged in the engineering, construction and real estate. It constructs office buildings, public buildings and designated buildings for the industries. It also provides Infrastructure works, bridge building construction. Its projects are occupied by government ministries, banks, insurance companies, & law offices, among others.

Levinstein Properties (XTAE:LVPR) Headlines

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