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Wheeler Real Estate Investment Trust (Wheeler Real Estate Investment Trust) Gross Margin % : 66.42% (As of Dec. 2023)


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What is Wheeler Real Estate Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wheeler Real Estate Investment Trust's Gross Profit for the three months ended in Dec. 2023 was $17.4 Mil. Wheeler Real Estate Investment Trust's Revenue for the three months ended in Dec. 2023 was $26.2 Mil. Therefore, Wheeler Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 66.42%.

Warning Sign:

Wheeler Real Estate Investment Trust Inc gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

WHLR' s Gross Margin % Range Over the Past 10 Years
Min: 65.92   Med: 69.74   Max: 73.71
Current: 65.92


During the past 13 years, the highest Gross Margin % of Wheeler Real Estate Investment Trust was 73.71%. The lowest was 65.92%. And the median was 69.74%.

WHLR's Gross Margin % is ranked worse than
55.84% of 634 companies
in the REITs industry
Industry Median: 68.745 vs WHLR: 65.92

Wheeler Real Estate Investment Trust had a gross margin of 66.42% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Wheeler Real Estate Investment Trust was -1.60% per year.


Wheeler Real Estate Investment Trust Gross Margin % Historical Data

The historical data trend for Wheeler 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.

Wheeler Real Estate Investment Trust Gross Margin % Chart

Wheeler 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 69.72 69.04 68.00 66.43 65.92

Wheeler 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 66.26 65.64 66.42 65.20 66.42

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

For the REIT - Retail subindustry, Wheeler 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.


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

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

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



Wheeler Real Estate Investment Trust Gross Margin % Calculation

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

Wheeler 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 )
=67.5 / 102.325
=(Revenue - Cost of Goods Sold) / Revenue
=(102.325 - 34.87) / 102.325
=65.92 %

Wheeler 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 )
=17.4 / 26.215
=(Revenue - Cost of Goods Sold) / Revenue
=(26.215 - 8.802) / 26.215
=66.42 %

* 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.


Wheeler Real Estate Investment Trust  (NAS:WHLR) 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

Wheeler Real Estate Investment Trust had a gross margin of 66.42% 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.


Wheeler Real Estate Investment Trust Gross Margin % Related Terms

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


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

Traded in Other Exchanges
Address
2529 Virginia Beach Boulevard, Virginia Beach, VA, USA, 23452
Wheeler Real Estate Investment Trust Inc is a self-managed commercial real estate investment company. It owns, leases and operates income-producing retail properties with a primary focus on grocery-anchored centers. The company's properties include Alex City Marketplace in Alexander City, Alabama; Bryan Station in Lexington, Kentucky; Cardinal Plaza in Henderson, North Carolina; Clover Plaza in Clover, South Carolina; Winslow Plaza in Sicklerville, New Jersey and many more.
Executives
Joseph Stilwell director, 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Steamboat Capital Partners, Llc 10 percent owner 24 MAPLE AVENUE, RYE NY 10580
Corbin Capital Partners, L.p. 10 percent owner 590 MADISON AVENUE, NEW YORK NY 10022
Ceof Holdings Lp 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Corbin Capital Partners Gp, Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Stilwell Associates L P 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Dennis Pollack director 3 PENNS TRAIL, NEWTOWN PA 18940
Kerry G. Campbell director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Megan Parisi director 200 CALLE DEL SANTO CRISTO, SEGUNDO PISO, SAN JUAN PR 00901
David J. Snyderman 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Parsa Kiai 10 percent owner 420 LEXINGTON AVENUE, SUITE 2300, NY NY 10170
Michael Andrew Franklin officer: Interim CEO RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD, SUITE 200, VIRGINIA BEACH VA 23452
Supernova Management Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alec N Litowitz 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Magnetar Capital Partners Lp 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201

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