GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Postal Realty Trust Inc (NYSE:PSTL) » Definitions » Operating Income

Postal Realty Trust (Postal Realty Trust) Operating Income : $14.00 Mil (TTM As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Postal Realty Trust Operating Income?

Postal Realty Trust's Operating Income for the three months ended in Dec. 2023 was $4.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $14.00 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Postal Realty Trust's Operating Income for the three months ended in Dec. 2023 was $4.00 Mil. Postal Realty Trust's Revenue for the three months ended in Dec. 2023 was $17.00 Mil. Therefore, Postal Realty Trust's Operating Margin % for the quarter that ended in Dec. 2023 was 23.52%.

Good Sign:

Postal Realty Trust Inc operating margin is expanding. Margin expansion is usually a good sign.

Postal Realty Trust's 5-Year average Growth Rate for Operating Margin % was 28.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Postal Realty Trust's annualized ROC % for the quarter that ended in Dec. 2023 was 2.85%. Postal Realty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.


Postal Realty Trust Operating Income Historical Data

The historical data trend for Postal Realty Trust's Operating Income 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.

Postal Realty Trust Operating Income Chart

Postal Realty Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial 0.07 2.03 5.92 9.70 14.00

Postal Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income 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 3.46 2.55 3.62 3.83 4.00

Postal Realty Trust Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income 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 $14.00 Mil.

* 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.


Postal Realty Trust  (NYSE:PSTL) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Postal Realty Trust's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=15.996 * ( 1 - 1.09% )/( (544.026 + 567.186)/ 2 )
=15.8216436/555.606
=2.85 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Postal Realty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.06/( ( (0 + max(-4.841, 0)) + (0 + max(-6.614, 0)) )/ 2 )
=16.06/( ( 0 + 0 )/ 2 )
=16.06/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.344 + 0 + 0.425) - (10.61 + 0 + 0)
=-4.841

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.75 + 0 + 0.632) - (11.996 + 0 + -3.5527136788005E-15)
=-6.614

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Postal Realty Trust's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3.999/17.001
=23.52 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Postal Realty Trust Operating Income Related Terms

Thank you for viewing the detailed overview of Postal Realty Trust's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Postal Realty Trust (Postal Realty Trust) Business Description

Traded in Other Exchanges
Address
75 Columbia Avenue, Cedarhurst, New York, NY, USA, 11516
Postal Realty Trust Inc is an internally managed real estate corporation that owns and manages properties leased to the United States Postal Service, or the USPS. Its objective is to create stockholder value by generating risk-adjusted returns through expanding its portfolio of owned and managed postal properties leased to the USPS. The majority of the revenue is generated from the rental income received.
Executives
Andrew Spodek director, 10 percent owner, officer: CEO and Director 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Robert B Klein officer: Chief Financial Officer C/O POSTAL REALTY TRUST, INC., 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Jeremy Garber officer: Pres., Treasurer & Secretary 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Patrick R Donahoe director 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Jane Gural-senders director 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Anton Feingold director C/O CION ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Barry Lefkowitz director
Matt Brandwein officer: SVP & Chief Accounting Officer 75 COLUMBIA AVENUE, CEDARHURST NY 11516

Postal Realty Trust (Postal Realty Trust) Headlines