GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Paramount Group Inc (FRA:6PM) » Definitions » Gross-Profit-to-Asset %

Paramount Group (FRA:6PM) Gross-Profit-to-Asset % : 5.89% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Paramount Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Paramount Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was €431.1 Mil. Paramount Group's average Total Assets over the quarter that ended in Mar. 2024 was €7,318.5 Mil. Therefore, Paramount Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.89%.


Paramount Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Paramount Group's Gross-Profit-to-Asset % 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.

Paramount Group Gross-Profit-to-Asset % Chart

Paramount Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.54 4.93 5.61 5.64 5.37

Paramount Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 5.55 4.79 5.50 5.60 5.89

Competitive Comparison of Paramount Group's Gross-Profit-to-Asset %

For the REIT - Office subindustry, Paramount Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Paramount Group's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Paramount Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Paramount Group's Gross-Profit-to-Asset % falls into.



Paramount Group Gross-Profit-to-Asset % Calculation

Paramount Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=411.571/( (7979.872+7341.699)/ 2 )
=411.571/7660.7855
=5.37 %

Paramount Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=431.064/( (7341.699+7295.347)/ 2 )
=431.064/7318.523
=5.89 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Paramount Group Gross-Profit-to-Asset % Related Terms

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


Paramount Group (FRA:6PM) Business Description

Traded in Other Exchanges
Address
1633 Broadway, Suite 1801, New York, NY, USA, 10019
Paramount Group Inc is a real estate investment trust engaged in owning, operating, managing, acquiring, and redeveloping high-quality, Class A office properties in select central business district ("CBD") submarkets of New York City and San Francisco. The company operates in two geographical segments New York and San Francisco. Paramount Group derives nearly all of its revenue in the form of rental income from leasing its offices to tenants. The company's New York City assets generate the majority of its total revenue.

Paramount Group (FRA:6PM) Headlines

No Headlines