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CMRF (CIM Real Estate Finance Trust) Gross Profit : $505.3 Mil (TTM As of Sep. 2024)


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What is CIM Real Estate Finance Trust Gross Profit?

CIM Real Estate Finance Trust's gross profit for the three months ended in Sep. 2024 was $118.2 Mil. CIM Real Estate Finance Trust's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $505.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CIM Real Estate Finance Trust's gross profit for the three months ended in Sep. 2024 was $118.2 Mil. CIM Real Estate Finance Trust's Revenue for the three months ended in Sep. 2024 was $121.4 Mil. Therefore, CIM Real Estate Finance Trust's Gross Margin % for the quarter that ended in Sep. 2024 was 97.36%.

CIM Real Estate Finance Trust had a gross margin of 97.36% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of CIM Real Estate Finance Trust was 97.16%. The lowest was 77.44%. And the median was 84.48%.


CIM Real Estate Finance Trust Gross Profit Historical Data

The historical data trend for CIM Real Estate Finance 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.

CIM Real Estate Finance Trust Gross Profit Chart

CIM Real Estate Finance 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 347.70 239.83 283.22 418.74 550.67

CIM Real Estate Finance 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 131.09 139.63 129.14 118.38 118.15

Competitive Comparison of CIM Real Estate Finance Trust's Gross Profit

For the REIT - Retail subindustry, CIM Real Estate Finance 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.


CIM Real Estate Finance Trust's Gross Profit Distribution in the REITs Industry

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

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



CIM Real Estate Finance Trust Gross Profit Calculation

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

CIM Real Estate Finance 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
=568.859 - 18.188
=550.7

CIM Real Estate Finance 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
=121.358 - 3.206
=118.2

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 $505.3 Mil.

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

CIM Real Estate Finance 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
=118.2 / 121.358
=97.36 %

* 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.


CIM Real Estate Finance Trust  (OTCPK:CMRF) 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

CIM Real Estate Finance Trust had a gross margin of 97.36% for the quarter that ended in Sep. 2024 => Durable competitive advantage


CIM Real Estate Finance Trust Gross Profit Related Terms

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CIM Real Estate Finance Trust Business Description

Traded in Other Exchanges
N/A
Address
2398 East Camelback Road, 4th Floor, Phoenix, AZ, USA, 85016
CIM Real Estate Finance Trust Inc is a real estate investment trust. The company invests in commercial real estate investments consisting of necessity retail properties located throughout the United States. The company operates a diversified portfolio of core commercial real estate consisting of net leased properties located throughout the United States and short-duration senior secured loans and other credit investments. It has three segments namely Credit Segment, Real Estate Segment and Corporate, of which Credit Segment earns maximum revenue.
Executives
Jason K Schreiber director 263 NINTH AVENUE APARTMENT 9B, NEW YORK NY 10001
Krol Emily Vande director 30003 N. 68TH STREET, SCOTTSDALE AZ 85266
Roger Snell director 2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Stephen O Evans director 5825 EAST STARLIGHT WAY, PARADISE VALLEY AZ 85253
Gary Robert A Iv director 1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Calvin E Hollis director 2325 E. CAMELBACK ROAD, 10TH FLOOR, PHOENIX AZ 85016
Marcus E Bromley director
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Avraham Shemesh director C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
W Brian Kretzmer director 26110 ENTERPRISE WAY, STE 200, LAKE FOREST CA 92630
Richard S Ressler director, officer: CEO & President C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Smith Jeffrey Randall Jr officer: See Remarks COLE CAPITAL, 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Nathan David Debacker officer: See Remarks 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Glenn J Rufrano director C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036

CIM Real Estate Finance Trust Headlines