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CTRRF (CT Real Estate Investment Trust) Gross Profit : $331.8 Mil (TTM As of Sep. 2024)


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What is CT Real Estate Investment Trust Gross Profit?

CT Real Estate Investment Trust's gross profit for the three months ended in Sep. 2024 was $83.1 Mil. CT Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $331.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CT Real Estate Investment Trust's gross profit for the three months ended in Sep. 2024 was $83.1 Mil. CT Real Estate Investment Trust's Revenue for the three months ended in Sep. 2024 was $106.7 Mil. Therefore, CT Real Estate Investment Trust's Gross Margin % for the quarter that ended in Sep. 2024 was 77.84%.

CT Real Estate Investment Trust had a gross margin of 77.84% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of CT Real Estate Investment Trust was 79.15%. The lowest was 76.33%. And the median was 77.89%.


CT Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for CT 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.

CT Real Estate Investment Trust Gross Profit Chart

CT 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 290.78 305.71 318.16 310.39 325.92

CT 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 80.87 82.83 83.02 82.82 83.09

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

For the REIT - Retail subindustry, CT 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.


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

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

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



CT 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.

CT 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
=412.024 - 86.108
=325.9

CT 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
=106.743 - 23.656
=83.1

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 $331.8 Mil.

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

CT 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
=83.1 / 106.743
=77.84 %

* 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.


CT Real Estate Investment Trust  (OTCPK:CTRRF) 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

CT Real Estate Investment Trust had a gross margin of 77.84% for the quarter that ended in Sep. 2024 => Durable competitive advantage


CT Real Estate Investment Trust Gross Profit Related Terms

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CT Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The important portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.