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CIGI (Colliers International Group) Gross Margin % : 39.70% (As of Jun. 2024)


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What is Colliers International Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Colliers International Group's Gross Profit for the three months ended in Jun. 2024 was $452 Mil. Colliers International Group's Revenue for the three months ended in Jun. 2024 was $1,139 Mil. Therefore, Colliers International Group's Gross Margin % for the quarter that ended in Jun. 2024 was 39.70%.


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

CIGI' s Gross Margin % Range Over the Past 10 Years
Min: 34.88   Med: 38.08   Max: 40.14
Current: 39.91


During the past 13 years, the highest Gross Margin % of Colliers International Group was 40.14%. The lowest was 34.88%. And the median was 38.08%.

CIGI's Gross Margin % is ranked better than
54.11% of 1654 companies
in the Real Estate industry
Industry Median: 36.12 vs CIGI: 39.91

Colliers International Group had a gross margin of 39.70% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Colliers International Group was 2.40% per year.


Colliers International Group Gross Margin % Historical Data

The historical data trend for Colliers International Group'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.

Colliers International Group Gross Margin % Chart

Colliers International Group 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 35.66 37.53 38.38 38.35 40.10

Colliers International Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 40.57 39.52 40.80 39.50 39.70

Competitive Comparison of Colliers International Group's Gross Margin %

For the Real Estate Services subindustry, Colliers International Group'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.


Colliers International Group's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Colliers International Group's Gross Margin % falls into.



Colliers International Group Gross Margin % Calculation

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

Colliers International Group'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 )
=1738.3 / 4335.141
=(Revenue - Cost of Goods Sold) / Revenue
=(4335.141 - 2596.823) / 4335.141
=40.10 %

Colliers International Group's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=452.3 / 1139.368
=(Revenue - Cost of Goods Sold) / Revenue
=(1139.368 - 687.062) / 1139.368
=39.70 %

* 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.


Colliers International Group  (NAS:CIGI) 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

Colliers International Group had a gross margin of 39.70% for the quarter that ended in Jun. 2024 => Competition eroding margins


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.


Colliers International Group Gross Margin % Related Terms

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Colliers International Group Business Description

Traded in Other Exchanges
Address
1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4
Colliers International Group Inc is a real estate services and investment management company. The company provides commercial real estate professional services and investment management to corporate and institutional clients around the world. It's primary service lines are Outsourcing & Advisory, Investment Management, Leasing and Capital Markets. Operationally, company is organized into four distinct segments: Americas; Europe, Middle East and Africa, Asia and Australasia and Investment Management.
Executives
Spruce House Partnership Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Partnership (qp) Lp 10 percent owner 435 HUDSON ST #804, NEW YORK NY 10014
Spruce House Partnership (ai) Lp 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Capital Llc 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Spruce House Investment Management Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Zachary Sternberg 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Benjamin Forester Stein 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014

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