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Host Hotels & Resorts (Host Hotels & Resorts) Gross Profit : $3,099 Mil (TTM As of Dec. 2023)


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What is Host Hotels & Resorts Gross Profit?

Host Hotels & Resorts's gross profit for the three months ended in Dec. 2023 was $764 Mil. Host Hotels & Resorts's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3,099 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Host Hotels & Resorts's gross profit for the three months ended in Dec. 2023 was $764 Mil. Host Hotels & Resorts's Revenue for the three months ended in Dec. 2023 was $1,323 Mil. Therefore, Host Hotels & Resorts's Gross Margin % for the quarter that ended in Dec. 2023 was 57.75%.

Host Hotels & Resorts had a gross margin of 57.75% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Host Hotels & Resorts was 59.65%. The lowest was 32.47%. And the median was 56.06%.


Host Hotels & Resorts Gross Profit Historical Data

The historical data trend for Host Hotels & Resorts's Gross Profit 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.

Host Hotels & Resorts Gross Profit Chart

Host Hotels & Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,111.00 526.00 1,590.00 2,927.00 3,099.00

Host Hotels & Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 749.00 828.00 836.00 671.00 764.00

Competitive Comparison of Host Hotels & Resorts's Gross Profit

For the REIT - Hotel & Motel subindustry, Host Hotels & Resorts's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Host Hotels & Resorts's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Host Hotels & Resorts's Gross Profit distribution charts can be found below:

* The bar in red indicates where Host Hotels & Resorts's Gross Profit falls into.



Host Hotels & Resorts Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Host Hotels & Resorts's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=5311 - 2212
=3,099

Host Hotels & Resorts's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1323 - 559
=764

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,099 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Host Hotels & Resorts'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=764 / 1323
=57.75 %

* 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.


Host Hotels & Resorts  (NAS:HST) Gross Profit 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

Host Hotels & Resorts had a gross margin of 57.75% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Host Hotels & Resorts Gross Profit Related Terms

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Host Hotels & Resorts (Host Hotels & Resorts) Business Description

Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1300, Bethesda, MD, USA, 20814
Host Hotels & Resorts owns 77 predominantly urban and resort upper-upscale and luxury hotel properties representing nearly 42,000 rooms, mainly in the United States. Host recently sold off the company's interests in a joint venture owning a portfolio of hotels throughout Europe and also sold other joint ventures that owned properties in Asia and the United States. The majority of Host's portfolio operates under the Marriott and Starwood brands.
Executives
Sourav Ghosh officer: SVP, Business Intelligence, other: SVP, Business Intelligence 6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Nathan S Tyrrell officer: VP, Corp Finance & Asst Treas. 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817
James F Risoleo officer: Executive Vice President
Mary Baglivo director C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Walter C Rakowich director 14100 E 35TH PL, AURORA CO 80011
Mari Sifo officer: Executive Vice President and 4747 BETHESDA AVENUE, SUITE 1300, BETHESDA MD 20814
Diana Laing director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
Joanne G. Hamilton officer: Executive Vice President 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817
Joseph Ottinger officer: See Remarks 4747 BETHESDA AVENUE, 13TH FLOOR, BETHESDA MD 20814
Brian G Macnamara officer: Sr. Vice President, Controller 6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Bair Sheila Colleen director 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817
Richard E Marriott director, officer: Chairman of the Board 10400 FERNWOOD ROAD, BETHESDA MD 20817
Julie P Aslaksen officer: EVP, General Counsel & Sec. 4747 BETHESDA AVENUE, SUITE 1300, BETHESDA MD 20814
Michael E Lentz officer: Mng. Dir. - Global Development, other: Mng. Dir. - Global Development 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817