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ESR Group (ESR Group) Gross Profit : $811.5 Mil (TTM As of Dec. 2023)


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What is ESR Group Gross Profit?

ESR Group's gross profit for the six months ended in Dec. 2023 was $368.8 Mil. ESR Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $811.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ESR Group's gross profit for the six months ended in Dec. 2023 was $368.8 Mil. ESR Group's Revenue for the six months ended in Dec. 2023 was $415.9 Mil. Therefore, ESR Group's Gross Margin % for the quarter that ended in Dec. 2023 was 88.67%.

ESR Group had a gross margin of 88.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of ESR Group was 97.73%. The lowest was 73.37%. And the median was 89.90%.


ESR Group Gross Profit Historical Data

The historical data trend for ESR Group'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.

ESR Group Gross Profit Chart

ESR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 276.20 284.93 350.46 791.93 811.53

ESR Group Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 176.92 422.42 369.50 442.72 368.81

Competitive Comparison of ESR Group's Gross Profit

For the Real Estate Services subindustry, ESR Group'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.


ESR Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ESR Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where ESR Group's Gross Profit falls into.



ESR Group Gross Profit Calculation

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

ESR Group'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
=871.326 - 59.796
=811.5

ESR Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=415.919 - 47.112
=368.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $811.5 Mil.

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

ESR Group's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=368.8 / 415.919
=88.67 %

* 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.


ESR Group  (OTCPK:ESRCF) 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

ESR Group had a gross margin of 88.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage


ESR Group Gross Profit Related Terms

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ESR Group (ESR Group) Business Description

Traded in Other Exchanges
Address
Two Exchange Square, Suites 2905-06, 8 Connaught Place, Central, Hong Kong, HKG
ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 145 billion in total assets under management as of Dec. 31, 2022. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR coinvests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.

ESR Group (ESR Group) Headlines

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