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BBXIB (BBX Capital) Gross Profit : $81.6 Mil (TTM As of Sep. 2024)


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What is BBX Capital Gross Profit?

BBX Capital's gross profit for the three months ended in Sep. 2024 was $23.5 Mil. BBX Capital's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $81.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BBX Capital's gross profit for the three months ended in Sep. 2024 was $23.5 Mil. BBX Capital's Revenue for the three months ended in Sep. 2024 was $78.4 Mil. Therefore, BBX Capital's Gross Margin % for the quarter that ended in Sep. 2024 was 29.91%.

BBX Capital had a gross margin of 29.91% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of BBX Capital was 37.56%. The lowest was 19.07%. And the median was 32.79%.

Warning Sign:

BBX Capital Inc gross margin has been in long-term decline. The average rate of decline per year is -5.1%.


BBX Capital Gross Profit Historical Data

The historical data trend for BBX Capital's Gross Profit 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.

BBX Capital Gross Profit Chart

BBX Capital Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 76.52 33.03 98.76 116.86 91.06

BBX Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 25.52 19.95 18.89 19.35 23.46

Competitive Comparison of BBX Capital's Gross Profit

For the Asset Management subindustry, BBX Capital's Gross Profit, along with its competitors' market caps and Gross Profit 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.


BBX Capital's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BBX Capital's Gross Profit distribution charts can be found below:

* The bar in red indicates where BBX Capital's Gross Profit falls into.



BBX Capital Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

BBX Capital's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=401.257 - 310.198
=91.1

BBX Capital's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=78.448 - 54.987
=23.5

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $81.6 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

BBX Capital'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=23.5 / 78.448
=29.91 %

* 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.


BBX Capital  (OTCPK:BBXIB) Gross Profit 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

BBX Capital had a gross margin of 29.91% for the quarter that ended in Sep. 2024 => Competition eroding margins


BBX Capital Gross Profit Related Terms

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BBX Capital Business Description

Traded in Other Exchanges
Address
201 East Las Olas Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33301
BBX Capital Inc is a diversified holding company. Its reportable segments are BBX Capital Real Estate, BBX Sweet Holdings, and Renin. It derives maximum profit from BBX Capital Real Estate segment.

BBX Capital Headlines

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