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GWWTF (Growthpoint Properties) Gross Profit : $529.9 Mil (TTM As of Jun. 2024)


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What is Growthpoint Properties Gross Profit?

Growthpoint Properties's gross profit for the six months ended in Jun. 2024 was $260.6 Mil. Growthpoint Properties's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $529.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Growthpoint Properties's gross profit for the six months ended in Jun. 2024 was $260.6 Mil. Growthpoint Properties's Revenue for the six months ended in Jun. 2024 was $395.0 Mil. Therefore, Growthpoint Properties's Gross Margin % for the quarter that ended in Jun. 2024 was 65.98%.

Growthpoint Properties had a gross margin of 65.98% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Growthpoint Properties was 82.15%. The lowest was 68.20%. And the median was 76.47%.

Warning Sign:

Growthpoint Properties Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Growthpoint Properties Gross Profit Historical Data

The historical data trend for Growthpoint Properties'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.

Growthpoint Properties Gross Profit Chart

Growthpoint Properties Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 545.87 690.93 597.24 521.32 532.91

Growthpoint Properties Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 304.28 282.64 260.77 269.31 260.62

Competitive Comparison of Growthpoint Properties's Gross Profit

For the REIT - Diversified subindustry, Growthpoint Properties'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.


Growthpoint Properties's Gross Profit Distribution in the REITs Industry

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

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



Growthpoint Properties Gross Profit Calculation

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

Growthpoint Properties's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=781.427 - 248.52
=532.9

Growthpoint Properties's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=395.027 - 134.407
=260.6

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $529.9 Mil.

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

Growthpoint Properties's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=260.6 / 395.027
=65.98 %

* 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.


Growthpoint Properties  (OTCPK:GWWTF) 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

Growthpoint Properties had a gross margin of 65.98% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Growthpoint Properties Gross Profit Related Terms

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Growthpoint Properties Business Description

Traded in Other Exchanges
Address
The Place, 1 Sandton Drive, Sandton, GT, ZAF, 2196
Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.