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LINE (Lineage) Gross Profit : $1,761 Mil (TTM As of Dec. 2024)


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What is Lineage Gross Profit?

Lineage's gross profit for the three months ended in Dec. 2024 was $433 Mil. Lineage's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $1,761 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lineage's gross profit for the three months ended in Dec. 2024 was $433 Mil. Lineage's Revenue for the three months ended in Dec. 2024 was $1,339 Mil. Therefore, Lineage's Gross Margin % for the quarter that ended in Dec. 2024 was 32.34%.

Lineage had a gross margin of 32.34% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Lineage was 33.00%. The lowest was 29.53%. And the median was 31.67%.


Lineage Gross Profit Historical Data

The historical data trend for Lineage'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.

Lineage Gross Profit Chart

Lineage Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Gross Profit
1,130.60 1,455.00 1,752.00 1,762.00

Lineage Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 438.00 443.40 447.00 438.00 433.00

Competitive Comparison of Lineage's Gross Profit

For the REIT - Industrial subindustry, Lineage'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.


Lineage's Gross Profit Distribution in the REITs Industry

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

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


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Lineage Gross Profit Calculation

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

Lineage'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
=5340 - 3578
=1,762

Lineage's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1339 - 906
=433

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 $1,761 Mil.

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

Lineage'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
=433 / 1339
=32.34 %

* 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.


Lineage  (NAS:LINE) 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

Lineage had a gross margin of 32.34% for the quarter that ended in Dec. 2024 => Competition eroding margins


Lineage Gross Profit Related Terms

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Lineage Business Description

Traded in Other Exchanges
N/A
Address
46500 Humboldt Drive, Novi, MI, USA, 48377
Lineage Inc is a temperature-controlled warehouse real estate investment trust. It operates an interconnected global temperature-controlled warehouse network, comprising approximately millions of square feet across several warehouses predominantly located in densely populated critical-distribution markets across North America, Asia-Pacific, and Europe. The company's reportable segments are Global Warehousing, which utilizes the company's industrial real estate properties to provide temperature-controlled warehousing services to its customers, and Global Integrated Solutions, which complements Global Warehousing with specialized cold-chain services. Maximum revenue is generated from the Global Warehousing segment. Geographically, the company derives its key revenue from the United States.