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Saul Centers (Saul Centers) Gross Profit

: $190.1 Mil (TTM As of Dec. 2023)
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Saul Centers's gross profit for the three months ended in Dec. 2023 was $49.6 Mil. Saul Centers's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $190.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Saul Centers's gross profit for the three months ended in Dec. 2023 was $49.6 Mil. Saul Centers's Revenue for the three months ended in Dec. 2023 was $66.7 Mil. Therefore, Saul Centers's Gross Margin % for the quarter that ended in Dec. 2023 was 74.43%.

Saul Centers had a gross margin of 74.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Saul Centers was 76.42%. The lowest was 73.76%. And the median was 75.26%.


Saul Centers Gross Profit Historical Data

The historical data trend for Saul Centers'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.

Saul Centers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 173.59 166.79 177.60 181.34 190.07

Saul Centers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 45.64 46.77 47.26 46.41 49.64

Competitive Comparison

For the REIT - Retail subindustry, Saul Centers'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.


Saul Centers Gross Profit Distribution

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

* The bar in red indicates where Saul Centers's Gross Profit falls into.



Saul Centers Gross Profit Calculation

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

Saul Centers'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
=257.207 - 67.139
=190.1

Saul Centers's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=66.683 - 17.048
=49.6

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 $190.1 Mil.

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

Saul Centers'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
=49.6 / 66.683
=74.43 %

* 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.


Saul Centers  (NYSE:BFS) 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

Saul Centers had a gross margin of 74.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Saul Centers Gross Profit Related Terms

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Saul Centers (Saul Centers) Business Description

Traded in Other Exchanges
Address
7501 Wisconsin Avenue, Suite 1500E, Bethesda, MD, USA, 20814-6522
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates, and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are primarily located in the Washington, D.C. and Maryland metropolitan areas. Saul Centers operates through two business segments: shopping centers, which contribute the maximum portion of total revenue; and mixed-use properties. Major tenants include grocery stores, discount department stores, and drug stores.
Executives
Saul B Francis Ii director, 10 percent owner, officer: Chief Executive Officer 8401 CONNECTICUT AVE, CHEVY CHASE MD 20815
Carlos Lawrence Heard officer: Senior Vice President & CFO 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
David Todd Pearson officer: Executive V.P.-Real Estate 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20895
Patricia Saul Lotuff director 7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA MD 20814
John E Chapoton director BROWN INVESTMENT ADVISORY INCORPORATED, 1717 H STREET, NW, FIFTH FLOOR, WASHINGTON DC 20006
H. Gregory Platts director 7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA MD 20814
Clancy George Patrick Jr director 1100 H ST NW, WASHINGTON DC 20080
Philip D Caraci director
James Page Lansdale officer: Exec. VP - Real Estate 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Joel Albert Friedman officer: Sr. V.P./Chief Acctng Officer 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Mark Iii Sullivan director 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
John F Collich officer: Sr. VP-Acquisitions & Dev.
Lori Godby officer: Senior Vice Pres.-Residential 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Judith K. Garland officer: SVP, Office and Retail 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA MD 20814
Willoughby B. Laycock director, officer: VP-Residential Development 7501 WISCONSIN AVE., SUITE 1400, BETHESDA MD 20814

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