Sirius Real Estate (LSE:SRE) Gross Margin % : 58.03% (As of Sep. 2023)

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What is Sirius Real Estate Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sirius Real Estate's Gross Profit for the six months ended in Sep. 2023 was £70.1 Mil. Sirius Real Estate's Revenue for the six months ended in Sep. 2023 was £120.8 Mil. Therefore, Sirius Real Estate's Gross Margin % for the quarter that ended in Sep. 2023 was 58.03%.

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

LSE:SRE' s Gross Margin % Range Over the Past 10 Years
Min: 51.01 Med: 57.59 Max: 88.87
Current: 57.76

During the past 13 years, the highest Gross Margin % of Sirius Real Estate was 88.87%. The lowest was 51.01%. And the median was 57.59%.

LSE:SRE's Gross Margin % is ranked better than
70.05% of 1656 companies
in the Real Estate industry
Industry Median: 36.73 vs LSE:SRE: 57.76

Sirius Real Estate had a gross margin of 58.03% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sirius Real Estate was 2.20% per year.

Sirius Real Estate Gross Margin % Historical Data

The historical data trend for Sirius Real Estate'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.

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Sirius Real Estate Gross Margin % Chart

Sirius Real Estate Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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54.09

56.89

56.74

58.28

56.79

Sirius Real Estate Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial															56.04	59.90	56.05	57.49	58.03

Competitive Comparison of Sirius Real Estate's Gross Margin %

For the Real Estate Services subindustry, Sirius Real Estate'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.

Sirius Real Estate's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Sirius Real Estate's Gross Margin % falls into.

Sirius Real Estate Gross Margin % Calculation

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

Sirius Real Estate's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	135.3	/	238.29
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(238.29 - 102.956)	/	238.29
	=	56.79 %

Sirius Real Estate's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	70.1	/	120.812
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(120.812 - 50.705)	/	120.812
	=	58.03 %

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.

Sirius Real Estate (LSE:SRE) 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

Sirius Real Estate had a gross margin of 58.03% for the quarter that ended in Sep. 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.

Sirius Real Estate Gross Margin % Related Terms

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Sirius Real Estate (LSE:SRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sirius Real Estate Ltd (LSE:SRE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

SRE:South Africa SRRLF:USA SREl:UK EYI:Germany

Address

Admiral Park, Trafalgar Court, 2nd Floor, East Wing, Channel Islands, St Peter Port, GGY, GY1 3EL

Website

https://www.sirius-real-estate.com

Sirius Real Estate Ltd is in the business of investment in and acquisition of the commercial property to provide workspace in Germany. It operates in two segments that is Germany; and United Kingdom. The Company invests in large mixed-use commercial real estate assets in Germany. The firm derives revenues in the form of rental income from operations in Germany. Its portfolio includes Conventional offices, Smartspace Office, Officepods, Virtual office, Classical storage spaces, Smart space Storage, Flexi storage, Workshop spaces, and others.