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Getty Realty (FRA:GRL) Gross Profit : €156.2 Mil (TTM As of Mar. 2024)


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What is Getty Realty Gross Profit?

Getty Realty's gross profit for the three months ended in Mar. 2024 was €41.6 Mil. Getty Realty's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €156.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Getty Realty's gross profit for the three months ended in Mar. 2024 was €41.6 Mil. Getty Realty's Revenue for the three months ended in Mar. 2024 was €45.1 Mil. Therefore, Getty Realty's Gross Margin % for the quarter that ended in Mar. 2024 was 92.44%.

Getty Realty had a gross margin of 92.44% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Getty Realty was 88.12%. The lowest was 76.21%. And the median was 82.44%.


Getty Realty Gross Profit Historical Data

The historical data trend for Getty Realty'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.

Getty Realty Gross Profit Chart

Getty Realty 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 104.11 101.79 118.02 135.97 148.61

Getty Realty 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 35.79 36.82 39.14 38.58 41.65

Competitive Comparison of Getty Realty's Gross Profit

For the REIT - Retail subindustry, Getty Realty'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.


Getty Realty's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Getty Realty's Gross Profit falls into.



Getty Realty Gross Profit Calculation

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

Getty Realty'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
=170.421 - 21.815
=148.6

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=45.052 - 3.406
=41.6

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 €156.2 Mil.

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

Getty Realty'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
=41.6 / 45.052
=92.44 %

* 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.


Getty Realty  (FRA:GRL) 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

Getty Realty had a gross margin of 92.44% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Getty Realty Gross Profit Related Terms

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Getty Realty (FRA:GRL) Business Description

Traded in Other Exchanges
Address
292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.

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