GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Musharaka REIT (SAU:4335) » Definitions » Gross Profit

Musharaka REIT (SAU:4335) Gross Profit : ﷼67.48 Mil (TTM As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Musharaka REIT Gross Profit?

Musharaka REIT's gross profit for the six months ended in Jun. 2024 was ﷼33.66 Mil. Musharaka REIT's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼67.48 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Musharaka REIT's gross profit for the six months ended in Jun. 2024 was ﷼33.66 Mil. Musharaka REIT's Revenue for the six months ended in Jun. 2024 was ﷼48.99 Mil. Therefore, Musharaka REIT's Gross Margin % for the quarter that ended in Jun. 2024 was 68.71%.

Musharaka REIT had a gross margin of 68.71% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Musharaka REIT was 98.32%. The lowest was 65.69%. And the median was 97.18%.


Musharaka REIT Gross Profit Historical Data

The historical data trend for Musharaka REIT'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.

Musharaka REIT Gross Profit Chart

Musharaka REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 92.47 91.89 86.28 76.31 62.74

Musharaka REIT Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 40.46 35.86 28.93 33.82 33.66

Competitive Comparison of Musharaka REIT's Gross Profit

For the REIT - Diversified subindustry, Musharaka REIT'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.


Musharaka REIT's Gross Profit Distribution in the REITs Industry

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

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


;
;

Musharaka REIT Gross Profit Calculation

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

Musharaka REIT's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=95.518 - 32.774
=62.74

Musharaka REIT's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=48.991 - 15.327
=33.66

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼67.48 Mil.

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

Musharaka REIT's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=33.66 / 48.991
=68.71 %

* 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.


Musharaka REIT  (SAU:4335) 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

Musharaka REIT had a gross margin of 68.71% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Musharaka REIT Gross Profit Related Terms

Thank you for viewing the detailed overview of Musharaka REIT's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Musharaka REIT Business Description

Traded in Other Exchanges
N/A
Address
Prince Turky Bin Abdulaziz Road, Adeer Tower, 13th floor, PO. Box 712, AlKhobar, SAU, 31952
Musharaka REIT is a closed-end real estate investment fund. Its investment objective is to invest in developing properties that are qualified to generate periodic rental income, while its dividend policy is to distribute at least 90% of the Fund's net profit as cash dividends to the unit holders annually. Its product and services include Asset Management, Investment banking, and Custody.

Musharaka REIT Headlines

No Headlines