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J. W. Mays (J. W. Mays) Gross Profit

: $6.55 Mil (TTM As of Jan. 2024)
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J. W. Mays's gross profit for the three months ended in Jan. 2024 was $1.59 Mil. J. W. Mays's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $6.55 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. J. W. Mays's gross profit for the three months ended in Jan. 2024 was $1.59 Mil. J. W. Mays's Revenue for the three months ended in Jan. 2024 was $5.42 Mil. Therefore, J. W. Mays's Gross Margin % for the quarter that ended in Jan. 2024 was 29.33%.

J. W. Mays had a gross margin of 29.33% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of J. W. Mays was 48.92%. The lowest was 28.19%. And the median was 43.13%.

Warning Sign:

J. W. Mays Inc gross margin has been in long-term decline. The average rate of decline per year is -6.7%.


J. W. Mays Gross Profit Historical Data

The historical data trend for J. W. Mays'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.

J. W. Mays Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.25 5.51 5.91 6.73 7.19

J. W. Mays Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit 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 1.88 1.71 1.62 1.63 1.59

Competitive Comparison

For the Real Estate Services subindustry, J. W. Mays'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.


J. W. Mays Gross Profit Distribution

For the Real Estate industry and Real Estate sector, J. W. Mays's Gross Profit distribution charts can be found below:

* The bar in red indicates where J. W. Mays's Gross Profit falls into.



J. W. Mays Gross Profit Calculation

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

J. W. Mays's Gross Profit for the fiscal year that ended in Jul. 2023 is calculated as

Gross Profit (A: Jul. 2023 )=Revenue - Cost of Goods Sold
=22.576 - 15.383
=7.19

J. W. Mays's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=5.415 - 3.827
=1.59

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.55 Mil.

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

J. W. Mays's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.59 / 5.415
=29.33 %

* 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.


J. W. Mays  (NAS:MAYS) 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

J. W. Mays had a gross margin of 29.33% for the quarter that ended in Jan. 2024 => Competition eroding margins


J. W. Mays Gross Profit Related Terms

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J. W. Mays (J. W. Mays) Business Description

Traded in Other Exchanges
N/A
Address
9 Bond Street, Brooklyn, NY, USA, 11201-5805
J. W. Mays Inc is a real estate company. It is engaged in the leasing of real estate and operates a number of commercial real estate properties in New York. The company leases its properties to retail, restaurant, commercial, and other tenants. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown, and Massapequa.
Executives
Gailoyd Enterprises Corp. 10 percent owner 961 ROUTE 52, CARMEL NY 10512
Steven Gurney-goldman director C/O SOL GOLDMAN INVESTMENTS, LLC, 1185 SIXTH AVENUE - 10TH FLOOR, NEW YORK NY 10036
Jane H Goldman 10 percent owner ESTATE OF SOL GOLDMAN, 640 FIFTH ST THIRD FLOOR, NEW YORK NY 10019
Louisa Little 10 percent owner ESTATE OF SOL GOLDMAN, 640 FIFTH AVE THIRD FLOOR, NEW YORK NY 10019
Allan H. Goldman 10 percent owner 640 FIFTH AVE, NEW YORK NY 10019
Lillian Goldman Marital Trust 10 percent owner 640 FIFTH AVE, NEW YORK NY 10019
Lloyd J Shulman director, officer: Chairman, CEO, President C/O J.W. MAYS, 9 BOND STREET, BROOKLYN NY 11201

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