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Fastighets AB Balder (OSTO:BALD B) Gross Margin % : 72.71% (As of Mar. 2024)


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What is Fastighets AB Balder Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fastighets AB Balder's Gross Profit for the three months ended in Mar. 2024 was kr2,275 Mil. Fastighets AB Balder's Revenue for the three months ended in Mar. 2024 was kr3,129 Mil. Therefore, Fastighets AB Balder's Gross Margin % for the quarter that ended in Mar. 2024 was 72.71%.


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

OSTO:BALD B' s Gross Margin % Range Over the Past 10 Years
Min: 68.49   Med: 73.47   Max: 76.41
Current: 74.65


During the past 13 years, the highest Gross Margin % of Fastighets AB Balder was 76.41%. The lowest was 68.49%. And the median was 73.47%.

OSTO:BALD B's Gross Margin % is ranked better than
85.57% of 1656 companies
in the Real Estate industry
Industry Median: 36.36 vs OSTO:BALD B: 74.65

Fastighets AB Balder had a gross margin of 72.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fastighets AB Balder was 0.30% per year.


Fastighets AB Balder Gross Margin % Historical Data

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Gross Margin % Chart

Fastighets AB Balder 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 74.16 76.41 75.30 74.10 74.63

Fastighets AB Balder Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 72.47 74.79 77.59 73.62 72.71

Competitive Comparison of Fastighets AB Balder's Gross Margin %

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.


Fastighets AB Balder's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Fastighets AB Balder's Gross Margin % falls into.



Fastighets AB Balder Gross Margin % Calculation

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

Fastighets AB Balder'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 )
=8914 / 11944
=(Revenue - Cost of Goods Sold) / Revenue
=(11944 - 3030) / 11944
=74.63 %

Fastighets AB Balder's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2275 / 3129
=(Revenue - Cost of Goods Sold) / Revenue
=(3129 - 854) / 3129
=72.71 %

* 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.


Fastighets AB Balder  (OSTO:BALD B) 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

Fastighets AB Balder had a gross margin of 72.71% 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.


Fastighets AB Balder Gross Margin % Related Terms

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Fastighets AB Balder (OSTO:BALD B) Business Description

Traded in Other Exchanges
Address
Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15
Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (OSTO:BALD B) Headlines

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