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BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Gross Margin % : 60.32% (As of Dec. 2023)


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What is BTB Real Estate Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BTB Real Estate Investment Trust's Gross Profit for the three months ended in Dec. 2023 was $14.35 Mil. BTB Real Estate Investment Trust's Revenue for the three months ended in Dec. 2023 was $23.79 Mil. Therefore, BTB Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 60.32%.


The historical rank and industry rank for BTB Real Estate Investment Trust's Gross Margin % or its related term are showing as below:

BTBIF' s Gross Margin % Range Over the Past 10 Years
Min: 53.12   Med: 56.24   Max: 58.97
Current: 58.97


During the past 13 years, the highest Gross Margin % of BTB Real Estate Investment Trust was 58.97%. The lowest was 53.12%. And the median was 56.24%.

BTBIF's Gross Margin % is ranked worse than
71.7% of 629 companies
in the REITs industry
Industry Median: 68.8 vs BTBIF: 58.97

BTB Real Estate Investment Trust had a gross margin of 60.32% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BTB Real Estate Investment Trust was 1.90% per year.


BTB Real Estate Investment Trust Gross Margin % Historical Data

The historical data trend for BTB Real Estate Investment Trust'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.

BTB Real Estate Investment Trust Gross Margin % Chart

BTB Real Estate Investment Trust 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 54.38 55.14 56.14 58.94 58.97

BTB Real Estate Investment Trust 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 59.15 57.76 60.05 57.77 60.32

Competitive Comparison of BTB Real Estate Investment Trust's Gross Margin %

For the REIT - Office subindustry, BTB Real Estate Investment Trust'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.


BTB Real Estate Investment Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BTB Real Estate Investment Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BTB Real Estate Investment Trust's Gross Margin % falls into.



BTB Real Estate Investment Trust Gross Margin % Calculation

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

BTB Real Estate Investment Trust'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 )
=56.2 / 95.279
=(Revenue - Cost of Goods Sold) / Revenue
=(95.279 - 39.093) / 95.279
=58.97 %

BTB Real Estate Investment Trust'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 )
=14.4 / 23.794
=(Revenue - Cost of Goods Sold) / Revenue
=(23.794 - 9.442) / 23.794
=60.32 %

* 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.


BTB Real Estate Investment Trust  (OTCPK:BTBIF) 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

BTB Real Estate Investment Trust had a gross margin of 60.32% 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.


BTB Real Estate Investment Trust Gross Margin % Related Terms

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BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
1411, Crescent Street, Suite 300, Montreal, QC, CAN, H3G 2B3
BTB Real Estate Investment Trust is a real estate investment trust. It owns and manages properties across Canada. The company has three operating segments; Industrial, Off-downtown core office, and Necessity-based retail. It derives a majority of its revenue in the form of rental revenue.

BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Headlines