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Empiric Student Property (LSE:ESP) Gross Profit : £58.60 Mil (TTM As of Dec. 2024)


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What is Empiric Student Property Gross Profit?

Empiric Student Property's gross profit for the six months ended in Dec. 2024 was £28.00 Mil. Empiric Student Property's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was £58.60 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Empiric Student Property's gross profit for the six months ended in Dec. 2024 was £28.00 Mil. Empiric Student Property's Revenue for the six months ended in Dec. 2024 was £41.80 Mil. Therefore, Empiric Student Property's Gross Margin % for the quarter that ended in Dec. 2024 was 66.99%.

Empiric Student Property had a gross margin of 66.99% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Empiric Student Property was 71.80%. The lowest was 56.61%. And the median was 67.07%.


Empiric Student Property Gross Profit Historical Data

The historical data trend for Empiric Student Property'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.

Empiric Student Property Gross Profit Chart

Empiric Student Property Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.79 32.90 49.00 55.30 58.60

Empiric Student Property Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 24.00 29.60 25.70 30.60 28.00

Competitive Comparison of Empiric Student Property's Gross Profit

For the REIT - Residential subindustry, Empiric Student Property'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.


Empiric Student Property's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Empiric Student Property's Gross Profit falls into.


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Empiric Student Property Gross Profit Calculation

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

Empiric Student Property'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
=84.2 - 25.6
=58.60

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=41.8 - 13.8
=28.00

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £58.60 Mil.

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

Empiric Student Property'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
=28.00 / 41.8
=66.99 %

* 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.


Empiric Student Property  (LSE:ESP) 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

Empiric Student Property had a gross margin of 66.99% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Empiric Student Property Gross Profit Related Terms

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Empiric Student Property Business Description

Traded in Other Exchanges
N/A
Address
72 Borough High Street, 1st Floor Hop Yard Studios, London, GBR, SE1 1XF
Empiric Student Property PLC is a real estate company. It is engaged in investing in and managing premium purpose-built student accommodation in central locations in prime university cities and towns in the United Kingdom. Its investment portfolio includes Centro Court, Bath Canalside, Bath Piccadilly Place, James House, and Edge Apartments among others. The company earns operating revenue from student accommodation rental.