The historical rank and industry rank for Phillips Edison's Gross Margin % or its related term are showing as below:
PECO'
s Gross Margin % Range Over the Past 10 Years
Min: 68.77 Med: 69.55 Max: 71.63
Current: 71.41
During the past 11 years, the highestGross Margin % of Phillips Edison was 71.63%. The lowest was 68.77%. And the median was 69.55%.
PECO's Gross Margin % is ranked better than 54.92% of 630
companies
in the REITs industry
Industry Median: 68.81
vs PECO: 71.41
Phillips Edison had a gross margin of 71.86% for the quarter that ended in Mar. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Phillips Edison was 0.70% per year.
Phillips Edison Gross Margin % Historical Data
The historical data trend for Phillips Edison'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 Phillips Edison's Gross Margin %
For the REIT - Retail subindustry, Phillips Edison'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.
Phillips Edison's Gross Margin % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Phillips Edison's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Phillips Edison'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.
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
Phillips Edison had a gross margin of 71.86% for the quarter that ended in Mar. 2024 => 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.
Phillips Edison Gross Margin % Related Terms
Thank you for viewing the detailed overview of Phillips Edison's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Phillips Edison (Phillips Edison) Business Description
Phillips Edison & Co Inc is a real estate investment trust. It invests primarily in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PECO has been successfully added to your 