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Brookfield Property Partners LP (Brookfield Property Partners LP) Gross Margin % : 51.03% (As of Dec. 2023)


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What is Brookfield Property Partners LP Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Brookfield Property Partners LP's Gross Profit for the three months ended in Dec. 2023 was $1,267.00 Mil. Brookfield Property Partners LP's Revenue for the three months ended in Dec. 2023 was $2,483.00 Mil. Therefore, Brookfield Property Partners LP's Gross Margin % for the quarter that ended in Dec. 2023 was 51.03%.


The historical rank and industry rank for Brookfield Property Partners LP's Gross Margin % or its related term are showing as below:

BPYPP.PFD' s Gross Margin % Range Over the Past 10 Years
Min: 49.59   Med: 54.2   Max: 61.56
Current: 60.49


During the past 13 years, the highest Gross Margin % of Brookfield Property Partners LP was 61.56%. The lowest was 49.59%. And the median was 54.20%.

BPYPP.PFD's Gross Margin % is not ranked
in the Real Estate industry.
Industry Median: 36.86 vs BPYPP.PFD: 60.49

Brookfield Property Partners LP had a gross margin of 51.03% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Brookfield Property Partners LP was 3.00% per year.


Brookfield Property Partners LP Gross Margin % Historical Data

The historical data trend for Brookfield Property Partners LP'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.

Brookfield Property Partners LP Gross Margin % Chart

Brookfield Property Partners LP 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 56.00 55.23 55.85 54.91 50.12

Brookfield Property Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 57.06 47.99 53.42 48.01 51.03

Competitive Comparison of Brookfield Property Partners LP's Gross Margin %

For the Real Estate Services subindustry, Brookfield Property Partners LP'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.


Brookfield Property Partners LP's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Brookfield Property Partners LP's Gross Margin % falls into.



Brookfield Property Partners LP Gross Margin % Calculation

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

Brookfield Property Partners LP'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 )
=4753 / 9483
=(Revenue - Cost of Goods Sold) / Revenue
=(9483 - 4730) / 9483
=50.12 %

Brookfield Property Partners LP'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 )
=1267 / 2483
=(Revenue - Cost of Goods Sold) / Revenue
=(2483 - 1216) / 2483
=51.03 %

* 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.


Brookfield Property Partners LP  (NAS:BPYPP.PFD) 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

Brookfield Property Partners LP had a gross margin of 51.03% for the quarter that ended in Dec. 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.


Brookfield Property Partners LP Gross Margin % Related Terms

Thank you for viewing the detailed overview of Brookfield Property Partners LP's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Property Partners LP (Brookfield Property Partners LP) Business Description

Traded in Other Exchanges
Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being an owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and corporate sector. It generates a majority of revenue from the LP Investments segment.

Brookfield Property Partners LP (Brookfield Property Partners LP) Headlines

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