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Fortress Real Estate Investments (JSE:FFB) Gross Profit : R2,619 Mil (TTM As of Jun. 2024)


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What is Fortress Real Estate Investments Gross Profit?

Fortress Real Estate Investments's gross profit for the six months ended in Jun. 2024 was R1,370 Mil. Fortress Real Estate Investments's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was R2,619 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fortress Real Estate Investments's gross profit for the six months ended in Jun. 2024 was R1,370 Mil. Fortress Real Estate Investments's Revenue for the six months ended in Jun. 2024 was R2,244 Mil. Therefore, Fortress Real Estate Investments's Gross Margin % for the quarter that ended in Jun. 2024 was 61.08%.

Fortress Real Estate Investments had a gross margin of 61.08% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Fortress Real Estate Investments was 71.36%. The lowest was 59.21%. And the median was 63.45%.

Warning Sign:

Fortress Real Estate Investments Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


Fortress Real Estate Investments Gross Profit Historical Data

The historical data trend for Fortress Real Estate Investments'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.

Fortress Real Estate Investments Gross Profit Chart

Fortress Real Estate Investments 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 2,207.60 1,919.78 2,080.56 2,242.84 2,618.73

Fortress Real Estate Investments 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 1,125.67 1,086.11 1,156.73 1,248.35 1,370.39

Competitive Comparison of Fortress Real Estate Investments's Gross Profit

For the Real Estate Services subindustry, Fortress Real Estate Investments'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.


Fortress Real Estate Investments's Gross Profit Distribution in the Real Estate Industry

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

* The bar in red indicates where Fortress Real Estate Investments's Gross Profit falls into.



Fortress Real Estate Investments Gross Profit Calculation

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

Fortress Real Estate Investments'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
=4383.507 - 1764.773
=2,619

Fortress Real Estate Investments's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=2243.74 - 873.354
=1,370

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 R2,619 Mil.

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

Fortress Real Estate Investments'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
=1,370 / 2243.74
=61.08 %

* 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.


Fortress Real Estate Investments  (JSE:FFB) 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

Fortress Real Estate Investments had a gross margin of 61.08% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Fortress Real Estate Investments Gross Profit Related Terms

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Fortress Real Estate Investments Business Description

Traded in Other Exchanges
N/A
Address
Block C, Cullinan Place, Cullinan Close, Morningside, Johannesburg, GT, ZAF, 2196
Fortress Real Estate Investments Ltd invests in both direct property assets and listed real estate securities including both local and foreign property companies. It owns a portfolio of retail, office, industrial, logistics-CEE, logistics-SA, corporate and other. The company generates maximum revenue from the Logistics-SA segment.

Fortress Real Estate Investments Headlines

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