Scully Royalty (Scully Royalty) Gross Margin % : 64.25% (As of Jun. 2023)

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What is Scully Royalty Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Scully Royalty's Gross Profit for the six months ended in Jun. 2023 was $12.82 Mil. Scully Royalty's Revenue for the six months ended in Jun. 2023 was $19.95 Mil. Therefore, Scully Royalty's Gross Margin % for the quarter that ended in Jun. 2023 was 64.25%.

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

SRL' s Gross Margin % Range Over the Past 10 Years
Min: 3.39 Med: 15.71 Max: 56.63
Current: 56.62

During the past 13 years, the highest Gross Margin % of Scully Royalty was 56.63%. The lowest was 3.39%. And the median was 15.71%.

SRL's Gross Margin % is ranked better than
58.68% of 605 companies
in the Capital Markets industry
Industry Median: 48.7 vs SRL: 56.62

Scully Royalty had a gross margin of 64.25% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Scully Royalty was 28.70% per year.

Scully Royalty Gross Margin % Historical Data

The historical data trend for Scully Royalty'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.

Scully Royalty Gross Margin % Chart

Scully Royalty Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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31.87

14.75

54.79

56.63

53.08

Scully Royalty Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial															55.16	59.44	56.11	49.13	64.25

Competitive Comparison of Scully Royalty's Gross Margin %

For the Capital Markets subindustry, Scully Royalty'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.

Scully Royalty's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Scully Royalty's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Scully Royalty's Gross Margin % falls into.

Scully Royalty Gross Margin % Calculation

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

Scully Royalty's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	24.9	/	46.882
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(46.882 - 21.996)	/	46.882
	=	53.08 %

Scully Royalty's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	12.8	/	19.95
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(19.95 - 7.133)	/	19.95
	=	64.25 %

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.

Scully Royalty (NYSE:SRL) 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

Scully Royalty had a gross margin of 64.25% for the quarter that ended in Jun. 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.

Scully Royalty Gross Margin % Related Terms

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Scully Royalty (Scully Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Scully Royalty Ltd (NYSE:SRL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

MB01:Germany

Address

2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336

Website

http://www.scullyroyalty.com

Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.

Executives

Stefan Feuerstein

director

BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000