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Federal Realty Investment Trust (Federal Realty Investment Trust) Gross Margin %

: 67.21% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Federal Realty Investment Trust's Gross Profit for the three months ended in Dec. 2023 was $196 Mil. Federal Realty Investment Trust's Revenue for the three months ended in Dec. 2023 was $292 Mil. Therefore, Federal Realty Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 67.21%.


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

FRT' s Gross Margin % Range Over the Past 10 Years
Min: 65.27   Med: 68.13   Max: 69.11
Current: 67.93


During the past 13 years, the highest Gross Margin % of Federal Realty Investment Trust was 69.11%. The lowest was 65.27%. And the median was 68.13%.

FRT's Gross Margin % is ranked worse than
52.61% of 633 companies
in the REITs industry
Industry Median: 68.71 vs FRT: 67.93

Federal Realty Investment Trust had a gross margin of 67.21% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Federal Realty Investment Trust was -0.20% per year.


Federal Realty Investment Trust Gross Margin % Historical Data

The historical data trend for Federal Realty 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.

Federal Realty Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.07 65.27 66.71 66.79 67.93

Federal Realty 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 % 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 Premium Member Only Premium Member Only Premium Member Only 65.73 67.86 68.65 68.03 67.21

Competitive Comparison

For the REIT - Retail subindustry, Federal Realty 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.


Federal Realty Investment Trust Gross Margin % Distribution

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

* The bar in red indicates where Federal Realty Investment Trust's Gross Margin % falls into.



Federal Realty Investment Trust Gross Margin % Calculation

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

Federal Realty 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 )
=769.1 / 1132.154
=(Revenue - Cost of Goods Sold) / Revenue
=(1132.154 - 363.095) / 1132.154
=67.93 %

Federal Realty 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 )
=196.1 / 291.812
=(Revenue - Cost of Goods Sold) / Revenue
=(291.812 - 95.693) / 291.812
=67.21 %

* 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.


Federal Realty Investment Trust  (NYSE:FRT) 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

Federal Realty Investment Trust had a gross margin of 67.21% 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.


Federal Realty Investment Trust Gross Margin % Related Terms

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


Federal Realty Investment Trust (Federal Realty Investment Trust) Business Description

Traded in Other Exchanges
Address
909 Rose Avenue, Suite 200, North Bethesda, MD, USA, 20852
Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 102 properties, which includes 25.8 million square feet of retail space and over 3,100 multifamily units. Federal's retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. Federal Realty has focused on owning assets in highly desirable areas with significant growth, and as a result, the average population density and average median household income are higher for its portfolio than for any other retail REIT.
Executives
Donald C Wood director, officer: Chief Executive Officer 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Jeffrey S Berkes officer: President and COO 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Daniel Guglielmone officer: EVP-CFO and Treasurer 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Thomas Mceachin director 11621 RESEARCH CIRCLE, ALACHUA FL 32615
David W Faeder director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Dawn M Becker officer: EVP-General Counsel &Secretary 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Gail P Steinel director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Elizabeth I Holland director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Jon E Bortz director 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
Joseph Vassalluzzo director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Nicole Lamb-hale director 909 ROSE AVENUE, SUITE 200, NORTH BETHESDA MD 20852
Nader Anthony P Iii director 6862 ELM STREET, SUITE 320, MCLEAN VA 22101
Melissa Solis officer: VP-Chief Accounting Officer 1626 EAST JEFFERSON STREET, ROCKVILLE MD 20852
Kristin Gamble director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852