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BRX (Brixmor Property Group) Gross Margin % : 75.26% (As of Sep. 2024)


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What is Brixmor Property Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Brixmor Property Group's Gross Profit for the three months ended in Sep. 2024 was $241 Mil. Brixmor Property Group's Revenue for the three months ended in Sep. 2024 was $321 Mil. Therefore, Brixmor Property Group's Gross Margin % for the quarter that ended in Sep. 2024 was 75.26%.


The historical rank and industry rank for Brixmor Property Group's Gross Margin % or its related term are showing as below:

BRX' s Gross Margin % Range Over the Past 10 Years
Min: 73.36   Med: 74.63   Max: 75.86
Current: 75.34


During the past 13 years, the highest Gross Margin % of Brixmor Property Group was 75.86%. The lowest was 73.36%. And the median was 74.63%.

BRX's Gross Margin % is ranked better than
62.41% of 689 companies
in the REITs industry
Industry Median: 68.88 vs BRX: 75.34

Brixmor Property Group had a gross margin of 75.26% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Brixmor Property Group was -0.10% per year.


Brixmor Property Group Gross Margin % Historical Data

The historical data trend for Brixmor Property Group'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.

Brixmor Property Group Gross Margin % Chart

Brixmor Property Group 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 74.67 73.36 74.16 74.40 74.30

Brixmor Property Group 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 74.87 73.85 75.47 76.79 75.26

Competitive Comparison of Brixmor Property Group's Gross Margin %

For the REIT - Retail subindustry, Brixmor Property Group'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.


Brixmor Property Group's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Brixmor Property Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Brixmor Property Group's Gross Margin % falls into.



Brixmor Property Group Gross Margin % Calculation

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

Brixmor Property Group'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 )
=925 / 1245.036
=(Revenue - Cost of Goods Sold) / Revenue
=(1245.036 - 319.99) / 1245.036
=74.30 %

Brixmor Property Group'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 )
=241.3 / 320.682
=(Revenue - Cost of Goods Sold) / Revenue
=(320.682 - 79.344) / 320.682
=75.26 %

* 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.


Brixmor Property Group  (NYSE:BRX) 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

Brixmor Property Group had a gross margin of 75.26% 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.


Brixmor Property Group Gross Margin % Related Terms

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


Brixmor Property Group Business Description

Traded in Other Exchanges
N/A
Address
450 Lexington Avenue, 13th Floor, New York, NY, USA, 10017
Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.
Executives
Steven F Siegel officer: See Remarks C/O BRIXMOR PROPERTY GROUP, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sheryl Maxwell Crosland director C/O BRIXMOR PROPERTY GROUP, INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Michael B Berman director C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Brian T Finnegan officer: See Remarks C/O BRIXMOR PROPERTY GROUP INC., 420 LEXINGTON AVENUE, NEW YORK NY 10170
Angela M Aman officer: EVP, Chief Financial Officer RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
John Peter Suarez director 450 LEXINGTON AVENUE, NEW YORK NY 10017
Thomas W Dickson director 301 S TRYON STREET, SUITE 1800, CHARLOTTE NC 28282
Julie Bowerman director C/O BRIXMOR PROPERTY GROUP, 450 LEXINGTON AVENUE, NEW YORK NY 10017
William D. Rahm director C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
John Schreiber director 682 BANK LANE, LAKE FOREST IL 60045
Taylor James M Jr officer: President and CEO 1626 EAST JEFFERSON STREET, ROCKVILLE MD 20852
Carolyn Carter Singh officer: See Remarks C/O BRIXMOR PROPERTY GROUP INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark Horgan officer: EVP, Chief Investment Officer C/O BRIXMOR PROPERTY GROUP INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Steven T Gallagher officer: Chief Accounting Officer C/O BRIXMOR PROPERTY GROUP, INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105