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BOWFF (Boardwalk Real Estate Investment Trust) Gross Profit : $273.9 Mil (TTM As of Sep. 2024)


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What is Boardwalk Real Estate Investment Trust Gross Profit?

Boardwalk Real Estate Investment Trust's gross profit for the three months ended in Sep. 2024 was $74.0 Mil. Boardwalk Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $273.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Boardwalk Real Estate Investment Trust's gross profit for the three months ended in Sep. 2024 was $74.0 Mil. Boardwalk Real Estate Investment Trust's Revenue for the three months ended in Sep. 2024 was $113.3 Mil. Therefore, Boardwalk Real Estate Investment Trust's Gross Margin % for the quarter that ended in Sep. 2024 was 65.30%.

Boardwalk Real Estate Investment Trust had a gross margin of 65.30% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Boardwalk Real Estate Investment Trust was 62.96%. The lowest was 51.09%. And the median was 57.99%.


Boardwalk Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for Boardwalk Real Estate Investment Trust'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.

Boardwalk Real Estate Investment Trust Gross Profit Chart

Boardwalk Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.52 210.12 214.33 212.48 248.20

Boardwalk Real Estate Investment Trust 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 64.03 65.56 64.68 69.73 73.96

Competitive Comparison of Boardwalk Real Estate Investment Trust's Gross Profit

For the REIT - Residential subindustry, Boardwalk Real Estate Investment Trust'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.


Boardwalk Real Estate Investment Trust's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Boardwalk Real Estate Investment Trust's Gross Profit distribution charts can be found below:

* The bar in red indicates where Boardwalk Real Estate Investment Trust's Gross Profit falls into.



Boardwalk Real Estate Investment Trust Gross Profit Calculation

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

Boardwalk Real Estate Investment Trust'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
=406.722 - 158.519
=248.2

Boardwalk Real Estate Investment Trust's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=113.253 - 39.295
=74.0

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 $273.9 Mil.

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

Boardwalk Real Estate Investment Trust'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
=74.0 / 113.253
=65.30 %

* 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.


Boardwalk Real Estate Investment Trust  (OTCPK:BOWFF) 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

Boardwalk Real Estate Investment Trust had a gross margin of 65.30% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Boardwalk Real Estate Investment Trust Gross Profit Related Terms

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Boardwalk Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.