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RL Commercial REIT (PHS:RCR) Gross Profit : ₱4,725 Mil (TTM As of Mar. 2024)


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What is RL Commercial REIT Gross Profit?

RL Commercial REIT's gross profit for the three months ended in Mar. 2024 was ₱1,205 Mil. RL Commercial REIT's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₱4,725 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RL Commercial REIT's gross profit for the three months ended in Mar. 2024 was ₱1,205 Mil. RL Commercial REIT's Revenue for the three months ended in Mar. 2024 was ₱1,431 Mil. Therefore, RL Commercial REIT's Gross Margin % for the quarter that ended in Mar. 2024 was 84.23%.

RL Commercial REIT had a gross margin of 84.23% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of RL Commercial REIT was 87.47%. The lowest was 86.67%. And the median was 86.83%.


RL Commercial REIT Gross Profit Historical Data

The historical data trend for RL Commercial REIT'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.

RL Commercial REIT Gross Profit Chart

RL Commercial REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
- - 1,804.60 4,749.60 4,760.23

RL Commercial REIT Quarterly Data
Dec19 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 1,240.59 1,239.65 1,070.17 1,209.82 1,205.28

Competitive Comparison of RL Commercial REIT's Gross Profit

For the REIT - Office subindustry, RL Commercial REIT'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.


RL Commercial REIT's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where RL Commercial REIT's Gross Profit falls into.



RL Commercial REIT Gross Profit Calculation

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

RL Commercial REIT'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
=5482.046 - 721.818
=4,760

RL Commercial REIT's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1430.945 - 225.662
=1,205

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 ₱4,725 Mil.

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

RL Commercial REIT'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
=1,205 / 1430.945
=84.23 %

* 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.


RL Commercial REIT  (PHS:RCR) 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

RL Commercial REIT had a gross margin of 84.23% for the quarter that ended in Mar. 2024 => Durable competitive advantage


RL Commercial REIT Gross Profit Related Terms

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RL Commercial REIT (PHS:RCR) Business Description

Traded in Other Exchanges
N/A
Address
Sapphire and Garnet Roads, Brgy. San Antonio, 25th Floor, Robinsons Cyberscape Alpha, Ortigas Center, Pasig City, PHL, 1605
RL Commercial REIT Inc is a real estate company established in the Philippines. Its portfolio includes Exxa Tower, Robinsons Galleria Cebu Office, and Zeta Tower among others.

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