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Sekisui House Reit (TSE:3309) Gross Profit : 円20,960 Mil (TTM As of Apr. 2024)


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What is Sekisui House Reit Gross Profit?

Sekisui House Reit's gross profit for the six months ended in Apr. 2024 was 円11,070 Mil. Sekisui House Reit's gross profit for the trailing twelve months (TTM) ended in Apr. 2024 was 円20,960 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sekisui House Reit's gross profit for the six months ended in Apr. 2024 was 円11,070 Mil. Sekisui House Reit's Revenue for the six months ended in Apr. 2024 was 円22,078 Mil. Therefore, Sekisui House Reit's Gross Margin % for the quarter that ended in Apr. 2024 was 50.14%.

Sekisui House Reit had a gross margin of 50.14% for the quarter that ended in Apr. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Sekisui House Reit was 78.91%. The lowest was 54.35%. And the median was 63.89%.

Warning Sign:

Sekisui House Reit Inc gross margin has been in long-term decline. The average rate of decline per year is -2%.


Sekisui House Reit Gross Profit Historical Data

The historical data trend for Sekisui House 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.

Sekisui House Reit Gross Profit Chart

Sekisui House Reit Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 17,285.24 18,383.40 20,506.87 18,385.54 18,711.98

Sekisui House Reit Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 8,864.43 9,521.11 8,822.48 9,889.49 11,070.24

Competitive Comparison of Sekisui House Reit's Gross Profit

For the REIT - Diversified subindustry, Sekisui House 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.


Sekisui House Reit's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Sekisui House Reit's Gross Profit falls into.



Sekisui House Reit Gross Profit Calculation

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

Sekisui House Reit's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=31851.58 - 13139.603
=18,712

Sekisui House Reit's Gross Profit for the quarter that ended in Apr. 2024 is calculated as

Gross Profit (Q: Apr. 2024 )=Revenue - Cost of Goods Sold
=22078.259 - 11008.021
=11,070

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円20,960 Mil.

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

Sekisui House Reit's Gross Margin % for the quarter that ended in Apr. 2024 is calculated as

Gross Margin % (Q: Apr. 2024 )=Gross Profit (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=11,070 / 22078.259
=50.14 %

* 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.


Sekisui House Reit  (TSE:3309) 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

Sekisui House Reit had a gross margin of 50.14% for the quarter that ended in Apr. 2024 => Durable competitive advantage


Sekisui House Reit Gross Profit Related Terms

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Sekisui House Reit Business Description

Traded in Other Exchanges
N/A
Address
4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051
Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.

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