Chesapeake Lodging Trust (Chesapeake Lodging Trust) Gross Profit : $190.6 Mil (TTM As of Jun. 2019)

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What is Chesapeake Lodging Trust Gross Profit?

Chesapeake Lodging Trust's gross profit for the three months ended in Jun. 2019 was $56.6 Mil. Chesapeake Lodging Trust's gross profit for the trailing twelve months (TTM) ended in Jun. 2019 was $190.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chesapeake Lodging Trust's gross profit for the three months ended in Jun. 2019 was $56.6 Mil. Chesapeake Lodging Trust's Revenue for the three months ended in Jun. 2019 was $159.0 Mil. Therefore, Chesapeake Lodging Trust's Gross Margin % for the quarter that ended in Jun. 2019 was 35.58%.

Chesapeake Lodging Trust had a gross margin of 35.58% for the quarter that ended in Jun. 2019 => Competition eroding margins

Chesapeake Lodging Trust Gross Profit Historical Data

The historical data trend for Chesapeake Lodging Trust's Gross Profit 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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Chesapeake Lodging Trust Gross Profit Chart

Chesapeake Lodging Trust Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Gross Profit

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153.10

191.12

204.30

202.96

193.89

Chesapeake Lodging Trust Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Gross Profit	Get a 7-Day Free Trial															59.28	52.45	44.42	37.19	56.56

Competitive Comparison of Chesapeake Lodging Trust's Gross Profit

For the REIT - Hotel & Motel subindustry, Chesapeake Lodging Trust's Gross Profit, along with its competitors' market caps and Gross Profit 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.

Chesapeake Lodging Trust's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chesapeake Lodging Trust's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chesapeake Lodging Trust's Gross Profit falls into.

Chesapeake Lodging Trust Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Chesapeake Lodging Trust's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )	=	Revenue	-	Cost of Goods Sold
	=	597.172	-	403.282
	=	193.9

Chesapeake Lodging Trust's Gross Profit for the quarter that ended in Jun. 2019 is calculated as

Gross Profit (Q: Jun. 2019 )	=	Revenue	-	Cost of Goods Sold
	=	158.977	-	102.418
	=	56.6

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $190.6 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Chesapeake Lodging Trust's Gross Margin % for the quarter that ended in Jun. 2019 is calculated as

Gross Margin % (Q: Jun. 2019 )	=	Gross Profit (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	56.6	/	158.977
	=	35.58 %

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.

Chesapeake Lodging Trust (NYSE:CHSP) Gross Profit 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

Chesapeake Lodging Trust had a gross margin of 35.58% for the quarter that ended in Jun. 2019 => Competition eroding margins

Chesapeake Lodging Trust Gross Profit Related Terms

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Chesapeake Lodging Trust (Chesapeake Lodging Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chesapeake Lodging Trust (NYSE:CHSP) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 Wilson Boulevard, Suite 625, Arlington, VA, USA, 22203

Website

http://www.chesapeakelodgingtrust.com

Chesapeake Lodging Trust is a real estate investment trust that invests in upper-upscale hotels in business and convention markets and, selectively, premium select-service hotels in urban settings and other locations in the United States. The company operates through its hotel ownership segment. The firm's operations include management agreements, which includes partnering with third parties to manage its hotels; franchise agreements; and TRS lease agreements, which are intercompany agreements between Chesapeake's property-owning subsidiaries and its TRS lessees. The company's revenue streams include room, food and beverage, and other, of which the room segment contributes the vast majority of total revenue.

Executives

Thomas D Eckert	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
John W Hill	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
James L Francis	director, officer: President & CEO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Douglas W Vicari	director, officer: EVP & CFO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Thomas A Natelli	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
D Rick Adams	officer: EVP & COO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jeffrey D Nuechterlein	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Graham J. Wootten	officer: SVP, CAO & Secretary	C/O CHESAPEAKE LODGING TRUST, 1997 ANNAPOLIS EXCHANGE PARKWAY, ANNAPOLIS MD 21401
Angelique G. Brunner	director	C/O CHESAPEAKE LODGING TRUST, 4300 WILSON BOULEVARD, SUITE 625, ARLINGTON VA 22203
George F Mckenzie	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Geoffrey Hulme	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
A Alex Porter	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Paul E Orlin	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Jonathan W Friedland	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Porter Orlin Llc	10 percent owner	666 FIFTH AVENUE, SUITE 3403, NEW YORK NY 10103