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Emaar Properties PJSC (DFM:EMAAR) Gross Profit : د.إ17,383 Mil (TTM As of Mar. 2024)


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What is Emaar Properties PJSC Gross Profit?

Emaar Properties PJSC's gross profit for the three months ended in Mar. 2024 was د.إ4,021 Mil. Emaar Properties PJSC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ17,383 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Emaar Properties PJSC's gross profit for the three months ended in Mar. 2024 was د.إ4,021 Mil. Emaar Properties PJSC's Revenue for the three months ended in Mar. 2024 was د.إ6,723 Mil. Therefore, Emaar Properties PJSC's Gross Margin % for the quarter that ended in Mar. 2024 was 59.81%.

Emaar Properties PJSC had a gross margin of 59.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Emaar Properties PJSC was 63.95%. The lowest was 36.37%. And the median was 50.32%.


Emaar Properties PJSC Gross Profit Historical Data

The historical data trend for Emaar Properties PJSC'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.

Emaar Properties PJSC Gross Profit Chart

Emaar Properties PJSC 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 11,562.42 6,532.67 11,591.83 12,587.31 16,865.32

Emaar Properties PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,503.23 3,265.39 4,624.69 5,472.02 4,021.02

Competitive Comparison of Emaar Properties PJSC's Gross Profit

For the Real Estate - Development subindustry, Emaar Properties PJSC'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.


Emaar Properties PJSC's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar Properties PJSC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Emaar Properties PJSC's Gross Profit falls into.



Emaar Properties PJSC Gross Profit Calculation

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

Emaar Properties PJSC'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
=26749.821 - 9884.497
=16,865

Emaar Properties PJSC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6722.961 - 2701.941
=4,021

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ17,383 Mil.

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

Emaar Properties PJSC's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,021 / 6722.961
=59.81 %

* 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.


Emaar Properties PJSC  (DFM:EMAAR) 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

Emaar Properties PJSC had a gross margin of 59.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Emaar Properties PJSC Gross Profit Related Terms

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Emaar Properties PJSC (DFM:EMAAR) Business Description

Traded in Other Exchanges
N/A
Address
Emaar Business Park 1, Level 7, P.O. Box 9440, Building No. 3, Dubai Hills Estate, Dubai, ARE
Emaar Properties PJSC is a general real estate company. The company organizes into three segments: leasing, retail and related activities, real estate, and hospitality. Emaar's primary focus includes property investment, development management, and property management. The majority of revenue is derived from its real estate segment. Emaar's operations are primarily in the United Arab Emirates. Its property developments include the Burj Khalifa and the Dubai Mall.

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