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BRST (Broad Street Realty) Gross Margin % : 67.62% (As of Sep. 2024)


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What is Broad Street Realty Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Broad Street Realty's Gross Profit for the three months ended in Sep. 2024 was $6.91 Mil. Broad Street Realty's Revenue for the three months ended in Sep. 2024 was $10.21 Mil. Therefore, Broad Street Realty's Gross Margin % for the quarter that ended in Sep. 2024 was 67.62%.


The historical rank and industry rank for Broad Street Realty's Gross Margin % or its related term are showing as below:

BRST' s Gross Margin % Range Over the Past 10 Years
Min: 62.75   Med: 67.86   Max: 71.52
Current: 68.63


During the past 13 years, the highest Gross Margin % of Broad Street Realty was 71.52%. The lowest was 62.75%. And the median was 67.86%.

BRST's Gross Margin % is ranked better than
79.84% of 1642 companies
in the Real Estate industry
Industry Median: 36.125 vs BRST: 68.63

Broad Street Realty had a gross margin of 67.62% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Broad Street Realty was 0.00% per year.


Broad Street Realty Gross Margin % Historical Data

The historical data trend for Broad Street Realty's Gross Margin % 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.

Broad Street Realty Gross Margin % Chart

Broad Street Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.75 71.52 70.34 67.86 67.79

Broad Street Realty Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % 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 62.97 74.34 65.97 66.66 67.62

Competitive Comparison of Broad Street Realty's Gross Margin %

For the Real Estate Services subindustry, Broad Street Realty's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Broad Street Realty's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Broad Street Realty's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Broad Street Realty's Gross Margin % falls into.



Broad Street Realty Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Broad Street Realty's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=28.6 / 42.169
=(Revenue - Cost of Goods Sold) / Revenue
=(42.169 - 13.581) / 42.169
=67.79 %

Broad Street Realty's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=6.9 / 10.213
=(Revenue - Cost of Goods Sold) / Revenue
=(10.213 - 3.307) / 10.213
=67.62 %

* 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.


Broad Street Realty  (OTCPK:BRST) Gross Margin % 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

Broad Street Realty had a gross margin of 67.62% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Broad Street Realty Gross Margin % Related Terms

Thank you for viewing the detailed overview of Broad Street Realty's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Broad Street Realty Business Description

Traded in Other Exchanges
N/A
Address
11911 Freedom Drive, Suite 450, Reston, VA, USA, 20190
Broad Street Realty Inc is a fully integrated real estate company. It owns, operates, develops, and redevelops grocery-anchored shopping centers and street retail-based properties in the Mid-Atlantic and Denver, Colorado markets. In addition, it provides commercial real estate brokerage services for its own portfolio and third-party office, industrial and retail operators, and tenants. The company earns revenue from leases of real estate properties, leasing commissions, property and asset management, engineering services, development services, and capital transactions.
Executives
Alexander Topchy officer: Chief Financial Officer 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Michael Z Jacoby director, officer: Chief Executive Officer 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Samuel M Spiritos director 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Neal Daniel J W director 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Jeffery C Walraven director C/O MEDEQUITIES REALTY TRUST, 3100 WEST END AVENUE, SUITE 1000, NASHVILLE TN 37203
Jeffrey H Foster director 401 9TH STREET, NW #600, WASHINGTON DC 20004
Noah Shore director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Donna Brandin director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Joseph C. Bencivenga director BOCA CENTER, TOWER 1, 5200 TOWN CENTER CIRCLE, SUITE 550, BOCA RATON FL 33486
Vineet P. Bedi director 410 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Thomas M Yockey director 7250 WOODMONT AVENUE, SUITE 350, BETHESDA MD 20814
Patricia Sheridan officer: chief financial officer BOCA CENTER, TOWER 1, 5200 TOWN CENTER CIRCLE, SUITE 550, BOCA RATON FL 33486
Mark L Friedman director 2929 EAST COMMERCIAL BLVD, SUITE PH-D, FORT LAUDERDALE FL 33308
Donald S Denbo director 2255 GLADES ROAD, SUITE 111-E, BOCA RATON FL 33431
Jon Ryan officer: Chief Financial Officer 2255 GLADES ROAD, 342-W, BOCA RATON FL 33431