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STORE Capital (STORE Capital) Gross Margin % : 98.11% (As of Sep. 2022)


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What is STORE Capital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. STORE Capital's Gross Profit for the three months ended in Sep. 2022 was $226.2 Mil. STORE Capital's Revenue for the three months ended in Sep. 2022 was $230.6 Mil. Therefore, STORE Capital's Gross Margin % for the quarter that ended in Sep. 2022 was 98.11%.


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


STOR's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 68.745
* Ranked among companies with meaningful Gross Margin % only.

STORE Capital had a gross margin of 98.11% for the quarter that ended in Sep. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for STORE Capital was 0.00% per year.


STORE Capital Gross Margin % Historical Data

The historical data trend for STORE Capital'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.

STORE Capital Gross Margin % Chart

STORE Capital Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.95 99.21 98.38 96.83 97.67

STORE Capital Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 97.86 98.02 98.09 98.97 98.11

Competitive Comparison of STORE Capital's Gross Margin %

For the REIT - Diversified subindustry, STORE Capital'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.


STORE Capital's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where STORE Capital's Gross Margin % falls into.



STORE Capital Gross Margin % Calculation

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

STORE Capital's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=764.4 / 782.664
=(Revenue - Cost of Goods Sold) / Revenue
=(782.664 - 18.244) / 782.664
=97.67 %

STORE Capital's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=226.2 / 230.556
=(Revenue - Cost of Goods Sold) / Revenue
=(230.556 - 4.36) / 230.556
=98.11 %

* 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.


STORE Capital  (NYSE:STOR) 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

STORE Capital had a gross margin of 98.11% for the quarter that ended in Sep. 2022 => 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.


STORE Capital Gross Margin % Related Terms

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


STORE Capital (STORE Capital) Business Description

Traded in Other Exchanges
N/A
Address
8377 East Hartford Drive, Suite 100, Scottsdale, AZ, USA, 85255
STORE Capital Corp is a real estate investment trust involved in the acquisition and management of single tenant operation real estate, or STORE, properties across the U.S. STORE Capital primarily leases facilities at which a company operates its business and generates sales to middle-market and large businesses through long-term agreements. Most of STORE's revenue comes from its service sector customers, which include, notably, restaurants, movie theaters, health clubs, early childhood education centers, and furniture stores. A sizable percentage of STORE's total real estate portfolio is comprised of the restaurant and industrial locations. Specifically, properties in Texas, Illinois, and Georgia make up a large amount of STORE's investments as well.
Executives
Ashley A. Dembowski officer: SVP - Chief Accounting Officer 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
David Alexander Mcelyea officer: EVP Data Analytics 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
David Michael Edwards director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Lori Markson officer: EVP - Portfolio Operations 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Jawad A Ahsan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Sherry L Rexroad officer: CFO, EVP and Treasurer 2 BAYBERRY CIRCLE, AMBLER PA 19002
Joseph M Donovan director 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Tyler Maertz officer: EVP - Acquisitions 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Craig Barnett officer: EVP-Underwriting Portfolio Mgt 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Catherine F. Long officer: CFO, EVP and Treasurer 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Tawn Kelley director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Christopher H Volk director, officer: President and CEO 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
William Franklin Hipp director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Chad Allen Freed officer: EVP GC CCO & Sec. 8377 E. HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Mary Fedewa officer: EVP - Acquisitions 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255

STORE Capital (STORE Capital) Headlines

From GuruFocus

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STORE Capital Announces Expiration of "Go-Shop" Period

By Business Wire Business Wire 10-17-2022

STORE Capital Declares Fourth Quarter 2021 Dividend

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GIC and Oak Street Complete $15 Billion Acquisition of STORE Capital

By Business Wire Business Wire 02-03-2023