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KMMPF (Killam Apartment Real Estate Investment Trust) Gross Profit : $174.8 Mil (TTM As of Dec. 2024)


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What is Killam Apartment Real Estate Investment Trust Gross Profit?

Killam Apartment Real Estate Investment Trust's gross profit for the three months ended in Dec. 2024 was $42.9 Mil. Killam Apartment Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $174.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Killam Apartment Real Estate Investment Trust's gross profit for the three months ended in Dec. 2024 was $42.9 Mil. Killam Apartment Real Estate Investment Trust's Revenue for the three months ended in Dec. 2024 was $65.0 Mil. Therefore, Killam Apartment Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2024 was 66.02%.

Killam Apartment Real Estate Investment Trust had a gross margin of 66.02% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Killam Apartment Real Estate Investment Trust was 65.95%. The lowest was 59.05%. And the median was 62.88%.


Killam Apartment Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for Killam Apartment 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.

Killam Apartment Real Estate Investment Trust Gross Profit Chart

Killam Apartment Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.92 143.15 152.31 167.00 168.79

Killam Apartment Real Estate Investment Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 42.11 40.65 43.72 47.55 42.90

Competitive Comparison of Killam Apartment Real Estate Investment Trust's Gross Profit

For the REIT - Residential subindustry, Killam Apartment 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.


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

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

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



Killam Apartment 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.

Killam Apartment Real Estate Investment Trust's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=255.949 - 87.155
=168.8

Killam Apartment Real Estate Investment Trust's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=64.983 - 22.083
=42.9

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $174.8 Mil.

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

Killam Apartment Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=42.9 / 64.983
=66.02 %

* 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.


Killam Apartment Real Estate Investment Trust  (OTCPK:KMMPF) 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

Killam Apartment Real Estate Investment Trust had a gross margin of 66.02% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Killam Apartment Real Estate Investment Trust Gross Profit Related Terms

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Killam Apartment Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
3700 Kempt Road, Suite 100, Halifax, NS, CAN, B3K 4X8
Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in acquiring, managing, and developing multi-residential apartment buildings, manufactured home communities (MHCs), and commercial properties in Canada. It has three reportable segments; Apartment, MHC, and Commercial. The Apartment segment generates maximum revenue and is engaged in acquiring, operating, managing, and developing multi-family residential properties across Canada. The MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and the Commercial segment acquires and operates stand-alone commercial properties in Ontario, Nova Scotia, and Prince Edward Island.

Killam Apartment Real Estate Investment Trust Headlines

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