SELECT * FROM `stock_list` WHERE `symbol` = "MTGEP.PFD" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
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SELECT * FROM `stock_list` WHERE `symbol` = "MTGEP.PFD" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 MTGEP.PFD (MTGE Investment) Gross Profit
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MTGE Investment Corp (NAS:MTGEP.PFD) » Definitions » Gross Profit

MTGE Investment (MTGE Investment) Gross Profit : $6.55 Mil (TTM As of Jun. 2018)


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What is MTGE Investment Gross Profit?

MTGE Investment's gross profit for the three months ended in Jun. 2018 was $1.84 Mil. MTGE Investment's gross profit for the trailing twelve months (TTM) ended in Jun. 2018 was $6.55 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MTGE Investment's gross profit for the three months ended in Jun. 2018 was $1.84 Mil. MTGE Investment's Revenue for the three months ended in Jun. 2018 was $8.41 Mil. Therefore, MTGE Investment's Gross Margin % for the quarter that ended in Jun. 2018 was 21.88%.

MTGE Investment had a gross margin of 21.88% for the quarter that ended in Jun. 2018 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of MTGE Investment was 20.68%. The lowest was -123.55%. And the median was -35.71%.


MTGE Investment Gross Profit Historical Data

The historical data trend for MTGE Investment'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.

MTGE Investment Gross Profit Chart

MTGE Investment Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Profit
Get a 7-Day Free Trial -4.14 -15.21 -17.37 -17.03 0.53

MTGE Investment Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 1.38 0.81 1.94 1.97 1.84

Competitive Comparison of MTGE Investment's Gross Profit

For the REIT - Diversified subindustry, MTGE Investment'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.


MTGE Investment's Gross Profit Distribution in the REITs Industry

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

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



MTGE Investment Gross Profit Calculation

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

MTGE Investment's Gross Profit for the fiscal year that ended in Dec. 2017 is calculated as

Gross Profit (A: Dec. 2017 )=Revenue - Cost of Goods Sold
=27.22 - 26.695
=0.52

MTGE Investment's Gross Profit for the quarter that ended in Jun. 2018 is calculated as

Gross Profit (Q: Jun. 2018 )=Revenue - Cost of Goods Sold
=8.411 - 6.571
=1.84

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.55 Mil.

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

MTGE Investment's Gross Margin % for the quarter that ended in Jun. 2018 is calculated as

Gross Margin % (Q: Jun. 2018 )=Gross Profit (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.84 / 8.411
=21.88 %

* 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.


MTGE Investment  (NAS:MTGEP.PFD) 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

MTGE Investment had a gross margin of 21.88% for the quarter that ended in Jun. 2018 => Competition eroding margins


MTGE Investment Gross Profit Related Terms

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MTGE Investment (MTGE Investment) Business Description

Traded in Other Exchanges
N/A
Address
MTGE Investment is a hybrid mortgage REIT that invests in, finances, and manages a portfolio of agency mortgage-backed securities, nonagency mortgage investments, and other real estate-related assets. Its residential mortgage-backed securities, or RMBS, include residential mortgage pass-through certificates and collateralised mortgage obligations. Its nonagency mortgage investments comprise RMBS backed by residential mortgages, as well as prime and nonprime residential mortgage loans. The company generates its revenue from the interest earned and lease payments received on its investment assets. MTGE Investment's assets are externally managed by a subsidiary of AGNC Investment.
Executives
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert M. Couch director AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Randy E. Dobbs director C/O VIEMED HEALTHCARE, INC, 625 E. KALISTE SALOOM RD, LAFAYETTE LA 70508
Sean Reid officer: CEO AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Steven W. Abrahams director MTGE INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Kenneth L. Pollack officer: SVP and Secretary AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Donald Holley officer: SVP and Chief Accounting Off. AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Aaron Pas officer: SVP AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Prue Larocca director AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Sab Capital Advisors Llc 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Sab Capital Management Llc 10 percent owner 767 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10153
Sab Capital Management Lp 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Scott A Bommer 10 percent owner 712 FIFTH AVE, NEW YORK NY 10019
Christopher Kuehl officer: SVP, Agency Portfolio Invt AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FL, BETHESDA MD 20814
John R Erickson director, officer: EVP, CFO and Asst. Sec. 2 BETHESDA METRO CENTER, 14TH FLOOR, BETHESDA MD 20814