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PPRQF (Choice Properties Real Estate Investment Trust) Gross Profit : $711.5 Mil (TTM As of Dec. 2024)


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What is Choice Properties Real Estate Investment Trust Gross Profit?

Choice Properties Real Estate Investment Trust's gross profit for the three months ended in Dec. 2024 was $173.7 Mil. Choice Properties Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $711.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Choice Properties Real Estate Investment Trust's gross profit for the three months ended in Dec. 2024 was $173.7 Mil. Choice Properties Real Estate Investment Trust's Revenue for the three months ended in Dec. 2024 was $242.1 Mil. Therefore, Choice Properties Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2024 was 71.76%.

Choice Properties Real Estate Investment Trust had a gross margin of 71.76% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Choice Properties Real Estate Investment Trust was 74.78%. The lowest was 69.78%. And the median was 71.45%.


Choice Properties Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for Choice Properties 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.

Choice Properties Real Estate Investment Trust Gross Profit Chart

Choice Properties 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 692.17 712.51 662.97 704.19 686.86

Choice Properties 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 178.41 178.70 176.72 182.35 173.71

Competitive Comparison of Choice Properties Real Estate Investment Trust's Gross Profit

For the REIT - Retail subindustry, Choice Properties 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.


Choice Properties Real Estate Investment Trust's Gross Profit Distribution in the REITs Industry

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

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


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Choice Properties 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.

Choice Properties 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
=961.166 - 274.305
=686.9

Choice Properties 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
=242.059 - 68.348
=173.7

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 $711.5 Mil.

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

Choice Properties 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
=173.7 / 242.059
=71.76 %

* 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.


Choice Properties Real Estate Investment Trust  (OTCPK:PPRQF) 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

Choice Properties Real Estate Investment Trust had a gross margin of 71.76% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Choice Properties Real Estate Investment Trust Gross Profit Related Terms

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Choice Properties Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
22 Street Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use, and residential properties across Canada. The company's portfolio consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Manitoba, British Columbia, and Saskatchewan. Choice Properties generates the majority of its revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

Choice Properties Real Estate Investment Trust Headlines

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