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Broadmark Realty Capital (Broadmark Realty Capital) Gross Profit : $94.5 Mil (TTM As of Mar. 2023)


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What is Broadmark Realty Capital Gross Profit?

Broadmark Realty Capital's gross profit for the three months ended in Mar. 2023 was $21.9 Mil. Broadmark Realty Capital's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $94.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Broadmark Realty Capital's gross profit for the three months ended in Mar. 2023 was $21.9 Mil. Broadmark Realty Capital's Revenue for the three months ended in Mar. 2023 was $24.7 Mil. Therefore, Broadmark Realty Capital's Gross Margin % for the quarter that ended in Mar. 2023 was 88.54%.

Broadmark Realty Capital had a gross margin of 88.54% for the quarter that ended in Mar. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Broadmark Realty Capital was 99.91%. The lowest was 91.14%. And the median was 99.86%.


Broadmark Realty Capital Gross Profit Historical Data

The historical data trend for Broadmark Realty 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.

Broadmark Realty Capital Gross Profit Chart

Broadmark Realty Capital Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial 95.85 - 122.19 120.44 102.51

Broadmark Realty Capital Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 29.95 27.44 25.59 19.62 21.87

Competitive Comparison of Broadmark Realty Capital's Gross Profit

For the REIT - Mortgage subindustry, Broadmark Realty 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.


Broadmark Realty Capital's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Broadmark Realty Capital's Gross Profit distribution charts can be found below:

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



Broadmark Realty Capital Gross Profit Calculation

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

Broadmark Realty Capital's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=108.877 - 6.365
=102.5

Broadmark Realty Capital's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=24.701 - 2.831
=21.9

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $94.5 Mil.

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

Broadmark Realty Capital's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=21.9 / 24.701
=88.54 %

* 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.


Broadmark Realty Capital  (NYSE:BRMK) 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

Broadmark Realty Capital had a gross margin of 88.54% for the quarter that ended in Mar. 2023 => Durable competitive advantage


Broadmark Realty Capital Gross Profit Related Terms

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Broadmark Realty Capital (Broadmark Realty Capital) Business Description

Traded in Other Exchanges
N/A
Address
1420 Fifth Avenue, Suite 2000, Seattle, WA, USA, 98101
Broadmark Realty Capital Inc is into underwriting, funding, servicing and managing a portfolio generally consisting of short-term, first deed of trust loans to fund the construction and development of, or investment in, residential or commercial properties. It is engaged in underwrites and services mortgage loans.
Executives
Jonathan Ray Hermes officer: Chief Financial Officer 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Brian Phillip Ward director, officer: Chief Executive Officer 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Pinkie Dent Mayfield director 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Daniel Hirsty officer: Chief Credit Officer BROADMARK REALTY CAPITAL INC., 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Kevin M Luebbers director 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Stephen G Haggerty director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Nevin Singh Boparai officer: Chief Legal Officer & Exec VP 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Daniel J. Hirsch director 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Linda Koa officer: Chief Operating Officer BROADMARK REALTY CAPITAL INC., 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
David Schneider officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
David A Karp director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, NEW YORK NY 10120
Norma J. Lawrence director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Jeffrey B. Pyatt director, officer: Chief Executive Officer BROADMARK REALTY CAPITAL INC., 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Joseph L Schocken director 2800 UNION SQUARE, 600 UNIVERSITY STREET, SEATTLE WA 98101
Adam J. Fountain officer: Executive Vice President BROADMARK REALTY CAPITAL INC., 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101