The St. Joe Co gross margin has been in long-term decline. The average rate of decline per year is -5.6%.
The historical rank and industry rank for The St. Joe Co's Gross Margin % or its related term are showing as below:
JOE'
s Gross Margin % Range Over the Past 10 Years
Min: 32.83 Med: 45.88 Max: 80.51
Current: 39.77
During the past 13 years, the highestGross Margin % of The St. Joe Co was 80.51%. The lowest was 32.83%. And the median was 45.88%.
JOE's Gross Margin % is ranked better than 53.66% of 1655
companies
in the Real Estate industry
Industry Median: 36.8
vs JOE: 39.77
The St. Joe Co had a gross margin of 39.00% for the quarter that ended in Mar. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for The St. Joe Co was -5.60% per year.
The St. Joe Co Gross Margin % Historical Data
The historical data trend for The St. Joe Co'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.
Competitive Comparison of The St. Joe Co's Gross Margin %
For the Real Estate - Diversified subindustry, The St. Joe Co'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.
The St. Joe Co's Gross Margin % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, The St. Joe Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where The St. Joe Co's Gross Margin % falls into.
* 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.
The St. Joe Co (NYSE:JOE) 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
The St. Joe Co had a gross margin of 39.00% for the quarter that ended in Mar. 2024 => 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.
The St. Joe Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of The St. Joe Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
The St. Joe Co (The St. Joe Co) Business Description
The St. Joe Co is a real estate development, asset management, and operating company and it has three operating segments; the Residential segment plans and develops residential communities and sells homesites to homebuilders or retail consumers, the Hospitality segment features a private membership club (the Watersound Club), hotel operations, food and beverage operations, golf courses, beach clubs, retail outlets, gulf-front vacation rentals, management services, marinas, and other entertainment assets, and Commercial segment include leasing of commercial property, multi-family, senior living, self-storage, and other assets and it also oversees the planning, development, entitlement, management, and sale of commercial and rural land holdings.
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