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Capital Properties (Capital Properties) Gross Profit : $4.70 Mil (TTM As of Mar. 2024)


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What is Capital Properties Gross Profit?

Capital Properties's gross profit for the three months ended in Mar. 2024 was $1.08 Mil. Capital Properties's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $4.70 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Capital Properties's gross profit for the three months ended in Mar. 2024 was $1.08 Mil. Capital Properties's Revenue for the three months ended in Mar. 2024 was $1.34 Mil. Therefore, Capital Properties's Gross Margin % for the quarter that ended in Mar. 2024 was 80.70%.

Capital Properties had a gross margin of 80.70% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Capital Properties was 89.95%. The lowest was 53.74%. And the median was 82.52%.


Capital Properties Gross Profit Historical Data

The historical data trend for Capital Properties'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.

* Premium members only.

Capital Properties Gross Profit Chart

Capital Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.60 4.02 3.96 4.15 4.64

Capital Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 1.03 1.29 1.09 1.25 1.08

Competitive Comparison of Capital Properties's Gross Profit

For the Real Estate Services subindustry, Capital Properties'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.


Capital Properties's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Capital Properties's Gross Profit distribution charts can be found below:

* The bar in red indicates where Capital Properties's Gross Profit falls into.



Capital Properties Gross Profit Calculation

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

Capital Properties's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=5.525 - 0.882
=4.64

Capital Properties's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1.342 - 0.259
=1.08

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.70 Mil.

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

Capital Properties'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.08 / 1.342
=80.70 %

* 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.


Capital Properties  (OTCPK:CPTP) 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

Capital Properties had a gross margin of 80.70% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Capital Properties Gross Profit Related Terms

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Capital Properties (Capital Properties) Business Description

Traded in Other Exchanges
N/A
Address
5 Steeple Street, Unit 303, Providence, RI, USA, 02903
Capital Properties Inc is a real estate company. The company's business activities include the long-term leasing of certain real estate interests in downtown Providence, Rhode Island, the leasing of a portion of its building under short-term leasing arrangements, and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts. The properties of the company include historic buildings in and adjacent to the Capital Center District in Providence, Rhode Island, as well as owns several locations on which billboard faces are constructed. Its only operating segment is Leasing.
Executives
Daniel T Noreck director 75 HAMMOND STREET, WORCESTER MA 01610
Linda Eder other: See Remarks 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Eder 2022 Community Property Trust 10 percent owner 220 SUNRISE AVENUE, SUITE 205, PALM BEACH FL 33480
Robert H Eder director, 10 percent owner, officer: CEO & President 5 STEEPLE STREET, #303, PROVIDENCE RI 02903
Susan R. Johnson officer: Treasurer 5 STEEPLE STREET, UNIT 303, PROVIDENCE RI 02903
Steven G Triedman director 25 POWER STREET, PROVIDENCE RI 02903
P Scott Conti officer: President 75 HAMMOND STREET, WORCESTER MA 01610
Craig M Scott director 75 HAMMOND STREET, WORCESTER MA 01610
Matthew C Baum director 152 IRVING AVENUE, PROVIDENCE RI 02906
Todd D Turcotte officer: Vice President 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Roy J Nirschel director 45 FERRY ROAD, BRISTOL RI 02809
Alfred J Corso director 6 LEWIS STREET, BARRINGTON RI 02806
Stephen J Carlotti 10 percent owner 1500 FLEET CENTER, PROVIDENCE RI 02903
Barbara J Dreyer officer: Treasurer
Harris N Rosen director

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