LaSalle Hotel Properties (LaSalle Hotel Properties) Gross Profit : $355.50 Mil (TTM As of Sep. 2018)

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What is LaSalle Hotel Properties Gross Profit?

LaSalle Hotel Properties's gross profit for the three months ended in Sep. 2018 was $104.63 Mil. LaSalle Hotel Properties's gross profit for the trailing twelve months (TTM) ended in Sep. 2018 was $355.50 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LaSalle Hotel Properties's gross profit for the three months ended in Sep. 2018 was $104.63 Mil. LaSalle Hotel Properties's Revenue for the three months ended in Sep. 2018 was $292.41 Mil. Therefore, LaSalle Hotel Properties's Gross Margin % for the quarter that ended in Sep. 2018 was 35.78%.

LaSalle Hotel Properties had a gross margin of 35.78% for the quarter that ended in Sep. 2018 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of LaSalle Hotel Properties was 35.14%. The lowest was 30.82%. And the median was 33.49%.

LaSalle Hotel Properties Gross Profit Historical Data

The historical data trend for LaSalle Hotel Properties'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.

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LaSalle Hotel Properties Gross Profit Chart

LaSalle Hotel Properties Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Gross Profit

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319.74

374.86

418.62

428.98

371.43

LaSalle Hotel Properties Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Gross Profit	Get a 7-Day Free Trial															101.69	81.65	54.00	115.21	104.63

Competitive Comparison of LaSalle Hotel Properties's Gross Profit

For the REIT - Hotel & Motel subindustry, LaSalle Hotel Properties'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.

LaSalle Hotel Properties's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, LaSalle Hotel Properties's Gross Profit distribution charts can be found below:

* The bar in red indicates where LaSalle Hotel Properties's Gross Profit falls into.

LaSalle Hotel Properties Gross Profit Calculation

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

LaSalle Hotel Properties's Gross Profit for the fiscal year that ended in Dec. 2017 is calculated as

Gross Profit (A: Dec. 2017 )	=	Revenue	-	Cost of Goods Sold
	=	1092.882	-	721.448
	=	371.43

LaSalle Hotel Properties's Gross Profit for the quarter that ended in Sep. 2018 is calculated as

Gross Profit (Q: Sep. 2018 )	=	Revenue	-	Cost of Goods Sold
	=	292.41	-	187.78
	=	104.63

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $355.50 Mil.

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

LaSalle Hotel Properties's Gross Margin % for the quarter that ended in Sep. 2018 is calculated as

Gross Margin % (Q: Sep. 2018 )	=	Gross Profit (Q: Sep. 2018 )	/	Revenue (Q: Sep. 2018 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	104.63	/	292.41
	=	35.78 %

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.

LaSalle Hotel Properties (NYSE:LHOpI.PFD) 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

LaSalle Hotel Properties had a gross margin of 35.78% for the quarter that ended in Sep. 2018 => Competition eroding margins

LaSalle Hotel Properties Gross Profit Related Terms

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LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LaSalle Hotel Properties (NYSE:LHOpI.PFD) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.lasallehotels.com

LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.