Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Agree Realty's annualizedGross Profit for the quarter that ended in Mar. 2024 was $523.9 Mil.
Agree Realty's average Total Assets over the quarter that ended in Mar. 2024 was $7,821.8 Mil. Therefore, Agree Realty's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.70%.
Agree Realty Gross-Profit-to-Asset % Historical Data
The historical data trend for Agree Realty's Gross-Profit-to-Asset % 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.
Competitive Comparison of Agree Realty's Gross-Profit-to-Asset %
For the REIT - Retail subindustry, Agree Realty's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.
Agree Realty's Gross-Profit-to-Asset % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Agree Realty's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Agree Realty's Gross-Profit-to-Asset % falls into.
Agree Realty Gross-Profit-to-Asset % Calculation
Agree Realty's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Mar. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Agree Realty Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Agree Realty's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
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