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Outfront Media (Outfront Media) Gross Margin % : 50.70% (As of Dec. 2023)


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What is Outfront Media Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Outfront Media's Gross Profit for the three months ended in Dec. 2023 was $254 Mil. Outfront Media's Revenue for the three months ended in Dec. 2023 was $501 Mil. Therefore, Outfront Media's Gross Margin % for the quarter that ended in Dec. 2023 was 50.70%.


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

OUT' s Gross Margin % Range Over the Past 10 Years
Min: 42.51   Med: 46.28   Max: 48.57
Current: 46.81


During the past 13 years, the highest Gross Margin % of Outfront Media was 48.57%. The lowest was 42.51%. And the median was 46.28%.

OUT's Gross Margin % is ranked worse than
86.96% of 629 companies
in the REITs industry
Industry Median: 68.8 vs OUT: 46.81

Outfront Media had a gross margin of 50.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Outfront Media was 0.80% per year.


Outfront Media Gross Margin % Historical Data

The historical data trend for Outfront Media'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.

Outfront Media Gross Margin % Chart

Outfront Media 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 46.21 42.51 46.44 48.57 46.81

Outfront Media 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 51.59 40.50 47.55 47.27 50.70

Competitive Comparison of Outfront Media's Gross Margin %

For the REIT - Specialty subindustry, Outfront Media'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.


Outfront Media's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Outfront Media's Gross Margin % falls into.



Outfront Media Gross Margin % Calculation

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

Outfront Media'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 )
=852.3 / 1820.6
=(Revenue - Cost of Goods Sold) / Revenue
=(1820.6 - 968.3) / 1820.6
=46.81 %

Outfront Media'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 )
=254.1 / 501.2
=(Revenue - Cost of Goods Sold) / Revenue
=(501.2 - 247.1) / 501.2
=50.70 %

* 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.


Outfront Media  (NYSE:OUT) 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

Outfront Media had a gross margin of 50.70% 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.


Outfront Media Gross Margin % Related Terms

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


Outfront Media (Outfront Media) Business Description

Traded in Other Exchanges
Address
405 Lexington Avenue, 17th Floor, New York, NY, USA, 10174
Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The Company generates revenue in the form of rental income by allowing other companies to advertise on its properties and structures under short-term contracts. Outfront Media segments its operations into the United States and International units. Although it also owns assets in Canada and Latin America, the company derives the vast majority of its revenue from billboard advertising agreements in the U.S. Roughly half of the U.S. division's revenue comes from its displays in the New York City and Los Angeles markets. Outfront Media's major customers include entities within the retail, television, healthcare, and entertainment industries.
Executives
Clive A. Punter officer: EVP and Chief Revenue Officer C/O CBS OUTDOOR AMERICAS INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Patrick Martin officer: SVP, Controller, CAO 405 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10174
Jeremy J. Male officer: Chief Executive Officer C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10019
Richard H. Sauer officer: EVP, General Counsel & Sec. C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10019
Peter Mathes director C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Pep Viii-a Aiv Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii (scotland) Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii-a Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Gp Llc 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Co-invest Spv, L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Michael J Dominguez director C/O PROVIDENCE EQUITY PARTNERS, INC., 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Gp Viii (scotland) L.p. 10 percent owner 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Viii-a L.p. 10 percent owner PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Viii (scotland) L.p. 10 percent owner PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, PROVIDENCE RI 02903