Icade (CDMGF) Gross Margin % : 44.65% (As of Dec. 2023)

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What is Icade Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Icade's Gross Profit for the six months ended in Dec. 2023 was $468 Mil. Icade's Revenue for the six months ended in Dec. 2023 was $1,047 Mil. Therefore, Icade's Gross Margin % for the quarter that ended in Dec. 2023 was 44.65%.

Warning Sign:

Icade gross margin has been in long-term decline. The average rate of decline per year is -3.2%.

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

CDMGF' s Gross Margin % Range Over the Past 10 Years
Min: 42.9 Med: 48.97 Max: 57.24
Current: 42.9

During the past 13 years, the highest Gross Margin % of Icade was 57.24%. The lowest was 42.90%. And the median was 48.97%.

CDMGF's Gross Margin % is ranked worse than
89.52% of 630 companies
in the REITs industry
Industry Median: 68.83 vs CDMGF: 42.90

Icade had a gross margin of 44.65% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Icade was -3.20% per year.

Icade Gross Margin % Historical Data

The historical data trend for Icade'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.

Icade Gross Margin % Chart

Icade Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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53.73

57.24

54.65

45.10

42.90

Icade Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															54.62	41.83	47.69	40.48	44.65

Competitive Comparison of Icade's Gross Margin %

For the REIT - Diversified subindustry, Icade'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.

Icade's Gross Margin % Distribution in the REITs Industry

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

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

Icade Gross Margin % Calculation

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

Icade'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 )
	=	775.1	/	1806.87
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1806.87 - 1031.734)	/	1806.87
	=	42.90 %

Icade'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 )
	=	467.6	/	1047.219
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1047.219 - 579.607)	/	1047.219
	=	44.65 %

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.

Icade (OTCPK:CDMGF) 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

Icade had a gross margin of 44.65% 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.

Icade Gross Margin % Related Terms

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Icade (CDMGF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Icade (OTCPK:CDMGF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

0K4O:UK ICAD:France 3IC:Germany

Address

Immeuble Open, 27, Rue Camille Desmoulins, Issy-les-Moulineaux, Paris, FRA, 92445

Website

http://www.icade.fr

Icade is a French real estate investment trust primarily involved in the ownership and management of commercial property around Paris. The vast majority of Icade's real estate portfolio is split between office and business park properties. Nearly all of these are located in Greater Paris with roughly half residing in the inner and outer rings of the metro area. Icade derives most of its revenue from its Property Development division through the sale of real estate. Rental income from short- to mid-term leases out of its Property Investment division also represents a substantial revenue stream. Institutional investors, private investors, and buyers represent fairly equal parts of the company's customer orders. Icade also has holdings in healthcare properties outside of the Paris region.