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One Liberty Properties (One Liberty Properties) Gross Profit : $74.20 Mil (TTM As of Dec. 2023)


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What is One Liberty Properties Gross Profit?

One Liberty Properties's gross profit for the three months ended in Dec. 2023 was $18.44 Mil. One Liberty Properties's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $74.20 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. One Liberty Properties's gross profit for the three months ended in Dec. 2023 was $18.44 Mil. One Liberty Properties's Revenue for the three months ended in Dec. 2023 was $22.74 Mil. Therefore, One Liberty Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 81.07%.

One Liberty Properties had a gross margin of 81.07% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of One Liberty Properties was 92.20%. The lowest was 81.86%. And the median was 84.37%.


One Liberty Properties Gross Profit Historical Data

The historical data trend for One Liberty 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.

One Liberty Properties Gross Profit Chart

One Liberty 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 70.66 68.27 68.94 76.71 74.20

One Liberty Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.41 18.83 18.45 18.49 18.44

Competitive Comparison of One Liberty Properties's Gross Profit

For the REIT - Diversified subindustry, One Liberty 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.


One Liberty Properties's Gross Profit Distribution in the REITs Industry

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

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



One Liberty Properties Gross Profit Calculation

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

One Liberty 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
=90.646 - 16.444
=74.20

One Liberty Properties's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=22.741 - 4.305
=18.44

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $74.20 Mil.

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

One Liberty Properties's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=18.44 / 22.741
=81.07 %

* 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.


One Liberty Properties  (NYSE:OLP) 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

One Liberty Properties had a gross margin of 81.07% for the quarter that ended in Dec. 2023 => Durable competitive advantage


One Liberty Properties Gross Profit Related Terms

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One Liberty Properties (One Liberty Properties) Business Description

Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns, and manages a geographically diversified portfolio of industrial, retail, restaurant, health and fitness, and theater properties. The group generates the majority of its revenue in the form of rental income.
Executives
Justin Clair officer: Assistant Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Lawrence Ricketts officer: VICE PRESIDENT
Charles Biederman director 60CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mili Mathew officer: Vice President - Financial 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Jeffrey Gould director, officer: SENIOR VICE PRESIDENT
Edward Gellert director 399 PARK AVENUE, NEW YORK NY 10022
Eugene I Zuriff director C/O SMITH WOLLENSKY RESTAURANT GROUP INC, 1114 FIRST AVENUE, NEW YORK NY 10021
Matthew J Gould director, officer: SENIOR VICE PRESIDENT
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Karen A. Till director 3939 HICKORY STREET, SEAFORD NY 11783
Jesse Robert Lovejoy director RIPPLEWOOD HOLDINGS LLC, ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Benjamin Bolanos officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Leor Siri director 560 CHURCH AVENUE, WOODMERE NY 11598
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Fredric H Gould director, officer: Chariman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021

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