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Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) Gross Profit : $155.1 Mil (TTM As of Sep. 2023)


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What is Pennsylvania Real Estate Investment Trust Gross Profit?

Pennsylvania Real Estate Investment Trust's gross profit for the three months ended in Sep. 2023 was $35.2 Mil. Pennsylvania Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $155.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pennsylvania Real Estate Investment Trust's gross profit for the three months ended in Sep. 2023 was $35.2 Mil. Pennsylvania Real Estate Investment Trust's Revenue for the three months ended in Sep. 2023 was $68.0 Mil. Therefore, Pennsylvania Real Estate Investment Trust's Gross Margin % for the quarter that ended in Sep. 2023 was 51.75%.

Pennsylvania Real Estate Investment Trust had a gross margin of 51.75% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Pennsylvania Real Estate Investment Trust was 61.82%. The lowest was 51.53%. And the median was 58.95%.

Warning Sign:

Pennsylvania Real Estate Investment Trust gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


Pennsylvania Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for Pennsylvania Real Estate Investment Trust'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.

Pennsylvania Real Estate Investment Trust Gross Profit Chart

Pennsylvania Real Estate Investment Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221.17 200.23 134.93 168.85 164.71

Pennsylvania Real Estate Investment Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 39.62 47.90 35.50 36.55 35.18

Competitive Comparison of Pennsylvania Real Estate Investment Trust's Gross Profit

For the REIT - Retail subindustry, Pennsylvania Real Estate Investment Trust'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.


Pennsylvania Real Estate Investment Trust's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Pennsylvania Real Estate Investment Trust's Gross Profit falls into.



Pennsylvania Real Estate Investment Trust Gross Profit Calculation

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

Pennsylvania Real Estate Investment Trust's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=296.028 - 131.314
=164.7

Pennsylvania Real Estate Investment Trust's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=67.981 - 32.804
=35.2

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $155.1 Mil.

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

Pennsylvania Real Estate Investment Trust's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=35.2 / 67.981
=51.75 %

* 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.


Pennsylvania Real Estate Investment Trust  (OTCPK:PRETQ) 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

Pennsylvania Real Estate Investment Trust had a gross margin of 51.75% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Pennsylvania Real Estate Investment Trust Gross Profit Related Terms

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Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) Business Description

Address
One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103
Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.
Executives
Christopher Swann director C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Kenneth B. Hart director C/O PENN REAL ESTATE TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Joseph J. Aristone officer: EVP - Leasing C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Joseph F Coradino director, officer: Chief Executive Officer C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 S. BROAD ST., THE BELLEVUE, PHILADEPHIA PA 19102
Michael J. Demarco director C/O MACK-CALI REALTY CORPORATION, HARBORSIDE 3, 210 HUDSON ST., STE. 400, JERSEY CITY NJ 07311
Ventresca Mario C. Jr. officer: EVP-Chief Financial Officer C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Andrew M. Ioannou officer: EVP-Finance and Acquisitions C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Mark E Pasquerilla director
Charles P Pizzi director C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Joanne A. Epps director C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Alburger George J Jr director C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Lisa M. Most officer: EVP, GC, CCO & Secretary C/O PENN. REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Heather Crowell officer: EVP-Strategy & Communications C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
John Joseph Roberts director 1007 CANTERBURY LANE, VILLANOVA PA 19085
Sathana Semonsky officer: VP - Chief Accounting Officer C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103