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Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Gross Margin % : 95.27% (As of Dec. 2023)


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What is Dusit Thani Freehold and Leasehold REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dusit Thani Freehold and Leasehold REIT's Gross Profit for the three months ended in Dec. 2023 was ฿137.0 Mil. Dusit Thani Freehold and Leasehold REIT's Revenue for the three months ended in Dec. 2023 was ฿143.8 Mil. Therefore, Dusit Thani Freehold and Leasehold REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 95.27%.


The historical rank and industry rank for Dusit Thani Freehold and Leasehold REIT's Gross Margin % or its related term are showing as below:

BKK:DREIT' s Gross Margin % Range Over the Past 10 Years
Min: 93.48   Med: 94.64   Max: 97.25
Current: 94.71


During the past 13 years, the highest Gross Margin % of Dusit Thani Freehold and Leasehold REIT was 97.25%. The lowest was 93.48%. And the median was 94.64%.

BKK:DREIT's Gross Margin % is ranked better than
92.82% of 627 companies
in the REITs industry
Industry Median: 68.91 vs BKK:DREIT: 94.71

Dusit Thani Freehold and Leasehold REIT had a gross margin of 95.27% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dusit Thani Freehold and Leasehold REIT was 0.20% per year.


Dusit Thani Freehold and Leasehold REIT Gross Margin % Historical Data

The historical data trend for Dusit Thani Freehold and Leasehold REIT'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.

Dusit Thani Freehold and Leasehold REIT Gross Margin % Chart

Dusit Thani Freehold and Leasehold REIT 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 94.01 93.96 94.64 93.48 94.71

Dusit Thani Freehold and Leasehold REIT 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 91.96 95.97 93.19 93.32 95.27

Competitive Comparison of Dusit Thani Freehold and Leasehold REIT's Gross Margin %

For the REIT - Hotel & Motel subindustry, Dusit Thani Freehold and Leasehold REIT'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.


Dusit Thani Freehold and Leasehold REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dusit Thani Freehold and Leasehold REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dusit Thani Freehold and Leasehold REIT's Gross Margin % falls into.



Dusit Thani Freehold and Leasehold REIT Gross Margin % Calculation

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

Dusit Thani Freehold and Leasehold REIT'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 )
=484.9 / 512.019
=(Revenue - Cost of Goods Sold) / Revenue
=(512.019 - 27.092) / 512.019
=94.71 %

Dusit Thani Freehold and Leasehold REIT'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 )
=137 / 143.788
=(Revenue - Cost of Goods Sold) / Revenue
=(143.788 - 6.794) / 143.788
=95.27 %

* 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.


Dusit Thani Freehold and Leasehold REIT  (BKK:DREIT) 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

Dusit Thani Freehold and Leasehold REIT had a gross margin of 95.27% 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.


Dusit Thani Freehold and Leasehold REIT Gross Margin % Related Terms

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Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Business Description

Traded in Other Exchanges
N/A
Address
Phayathai Road, No. 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels, and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.

Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Headlines

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