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American Campus Communities (American Campus Communities) Gross Profit : $556 Mil (TTM As of Mar. 2022)


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What is American Campus Communities Gross Profit?

American Campus Communities's gross profit for the three months ended in Mar. 2022 was $161 Mil. American Campus Communities's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $556 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. American Campus Communities's gross profit for the three months ended in Mar. 2022 was $161 Mil. American Campus Communities's Revenue for the three months ended in Mar. 2022 was $274 Mil. Therefore, American Campus Communities's Gross Margin % for the quarter that ended in Mar. 2022 was 58.81%.

American Campus Communities had a gross margin of 58.81% for the quarter that ended in Mar. 2022 => Durable competitive advantage


American Campus Communities Gross Profit Historical Data

The historical data trend for American Campus Communities'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.

American Campus Communities Gross Profit Chart

American Campus Communities Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 434.41 477.23 517.44 456.91 499.82

American Campus Communities Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 104.54 102.59 162.63 160.98 129.74

Competitive Comparison of American Campus Communities's Gross Profit

For the REIT - Residential subindustry, American Campus Communities'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.


American Campus Communities's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where American Campus Communities's Gross Profit falls into.



American Campus Communities Gross Profit Calculation

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

American Campus Communities's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=942.409 - 442.594
=500

American Campus Communities's Gross Profit for the quarter that ended in Mar. 2022 is calculated as

Gross Profit (Q: Mar. 2022 )=Revenue - Cost of Goods Sold
=273.746 - 112.763
=161

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $556 Mil.

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

American Campus Communities's Gross Margin % for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=161 / 273.746
=58.81 %

* 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.


American Campus Communities  (NYSE:ACC) 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

American Campus Communities had a gross margin of 58.81% for the quarter that ended in Mar. 2022 => Durable competitive advantage


American Campus Communities Gross Profit Related Terms

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American Campus Communities (American Campus Communities) Business Description

Traded in Other Exchanges
N/A
Address
12700 Hill Country Boulevard, Suite T-200, Austin, TX, USA, 78738
American Campus Communities Inc or ACC, is a real estate investment trust engaged in the acquisition, management, and development of student housing properties near universities and colleges throughout the United States. The company segments its activities into Owned properties, On-campus participating properties, Development services, and Property management services. The vast majority of ACC's real estate portfolio is made up of wholly-owned properties in terms of total units. The company also derives nearly all of its income in the form of rental revenue from leasing its wholly-owned real estate assets to students through short-term leases. ACC is one of the owners of student housing properties in the U.S. in terms of the total number of beds owned.
Executives
John T Rippel director 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Bayless William C Jr director, officer: President & CEO 12700 HILL COUNTRY BLVD. SUITE T-200 AUSTIN TX 78738
Wilhelm James E Iii officer: EVP PublicPrivate Transactions 805 LAS CIMAS PARKWAY SUITE 400 AUSTIN TX 78746
Lonnie Marietta Ledbetter officer: EVP, Chief Purpose & Inclusion 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Cardenas Jorge De officer: EVP & Chief Technology Officer 12700 HILL COUNTRY BLVD STE T200 AUSTIN TX 78738
Hopke James Clarence Jr officer: EVP, Proj. Mgmt & Construction 805 LAS CIMAS PARKWAY SUITE 400 AUSTIN TX 78746
Alison Hill director 12700 HILL COUNTRY BOULEVARD SUITE T-200 AUSTIN TX 78738
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
Craig Leupold director 12700 HILL COUNTRY BOULEVARD SUITE T-200 AUSTIN TX 78738
Oliver Luck director 12700 HILL COUNTRY BLVD, STE T-200, AUSTIN TX 78738
Sublett Carla Pineyro director 12700 HILL COUNTRY BLVD T-200 AUSTIN TX 78738
Mary Egan director 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Jennifer Beese officer: E.V.P, Operation & Leasing 12700 HILL COUNTRY BLVD SUITE T-200 AUSTIN TX 78738
Chandlee William Blakeley Iii director 2801 GREENLEE DRIVE AUSTIN TX 78703
Daniel Perry officer: Executive VP, Capital Markets 12700 HILL COUNTRY BLVD., SUITE T-200 AUSTIN TX 78733

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