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Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Gross Margin % : 54.03% (As of Dec. 2023)


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What is Dream Office Real Estate Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dream Office Real Estate Investment Trust's Gross Profit for the three months ended in Dec. 2023 was $19.2 Mil. Dream Office Real Estate Investment Trust's Revenue for the three months ended in Dec. 2023 was $35.5 Mil. Therefore, Dream Office Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 54.03%.


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

DRETF' s Gross Margin % Range Over the Past 10 Years
Min: 53.73   Med: 54.97   Max: 56.93
Current: 53.73


During the past 13 years, the highest Gross Margin % of Dream Office Real Estate Investment Trust was 56.93%. The lowest was 53.73%. And the median was 54.97%.

DRETF's Gross Margin % is ranked worse than
81.08% of 629 companies
in the REITs industry
Industry Median: 68.8 vs DRETF: 53.73

Dream Office Real Estate Investment Trust had a gross margin of 54.03% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dream Office Real Estate Investment Trust was -0.40% per year.


Dream Office Real Estate Investment Trust Gross Margin % Historical Data

The historical data trend for Dream Office 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.

Dream Office Real Estate Investment Trust Gross Margin % Chart

Dream Office 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 55.71 54.67 54.68 54.07 53.73

Dream Office 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 55.12 54.29 53.80 52.81 54.03

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

For the REIT - Office subindustry, Dream Office 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.


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

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

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



Dream Office Real Estate Investment Trust Gross Margin % Calculation

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

Dream Office 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 )
=76.3 / 141.956
=(Revenue - Cost of Goods Sold) / Revenue
=(141.956 - 65.678) / 141.956
=53.73 %

Dream Office 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 )
=19.2 / 35.536
=(Revenue - Cost of Goods Sold) / Revenue
=(35.536 - 16.335) / 35.536
=54.03 %

* 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.


Dream Office Real Estate Investment Trust  (OTCPK:DRETF) 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

Dream Office Real Estate Investment Trust had a gross margin of 54.03% 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.


Dream Office Real Estate Investment Trust Gross Margin % Related Terms

Thank you for viewing the detailed overview of Dream Office Real Estate Investment Trust's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1
Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.

Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Headlines

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