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iStar (STARPG.PFD) Gross Profit : $3.10 Mil (TTM As of Mar. 2023)


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What is iStar Gross Profit?

iStar's gross profit for the three months ended in Mar. 2023 was $36.25 Mil. iStar's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $3.10 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. iStar's gross profit for the three months ended in Mar. 2023 was $36.25 Mil. iStar's Revenue for the three months ended in Mar. 2023 was $78.33 Mil. Therefore, iStar's Gross Margin % for the quarter that ended in Mar. 2023 was 46.28%.

iStar had a gross margin of 46.28% for the quarter that ended in Mar. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of iStar was 22.97%. The lowest was -34.83%. And the median was -0.24%.


iStar Gross Profit Historical Data

The historical data trend for iStar'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.

iStar Gross Profit Chart

iStar 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 124.90 -45.49 -26.54 -24.73 -55.06

iStar Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 34.34 -13.20 -7.89 -12.07 36.25

Competitive Comparison of iStar's Gross Profit

For the REIT - Diversified subindustry, iStar'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.


iStar's Gross Profit Distribution in the REITs Industry

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

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



iStar Gross Profit Calculation

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

iStar'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
=158.051 - 213.106
=-55.06

iStar's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=78.329 - 42.079
=36.25

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.10 Mil.

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

iStar's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=36.25 / 78.329
=46.28 %

* 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.


iStar  (NYSE:STARpG.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

iStar had a gross margin of 46.28% for the quarter that ended in Mar. 2023 => Durable competitive advantage


iStar Gross Profit Related Terms

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iStar (STARPG.PFD) Business Description

Traded in Other Exchanges
N/A
Address
1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036
Safehold Inc is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. It continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.

iStar (STARPG.PFD) Headlines