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Tricon Residential (TSX:TCN) Gross-Profit-to-Asset % : 3.94% (As of Dec. 2023)


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What is Tricon Residential 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. Tricon Residential's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$702 Mil. Tricon Residential's average Total Assets over the quarter that ended in Dec. 2023 was C$17,806 Mil. Therefore, Tricon Residential's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.94%.


Tricon Residential Gross-Profit-to-Asset % Historical Data

The historical data trend for Tricon Residential'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.

Tricon Residential Gross-Profit-to-Asset % Chart

Tricon Residential 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 1.98 4.75 2.63 4.38 3.84

Tricon Residential Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.61 3.90 3.73 3.81 3.94

Competitive Comparison of Tricon Residential's Gross-Profit-to-Asset %

For the Real Estate Services subindustry, Tricon Residential'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.


Tricon Residential's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

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

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



Tricon Residential Gross-Profit-to-Asset % Calculation

Tricon Residential'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 )
=665.361/( (16914.61+17774.087)/ 2 )
=665.361/17344.3485
=3.84 %

Tricon Residential's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=702.284/( (17837.007+17774.087)/ 2 )
=702.284/17805.547
=3.94 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Tricon Residential Gross-Profit-to-Asset % Related Terms

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Tricon Residential (TSX:TCN) Business Description

Traded in Other Exchanges
Address
7 St. Thomas Street, Suite 801, Toronto, ON, CAN, M5S 2B7
Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 36,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.
Executives
Ira Gluskin Director