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FAM Real Estate Investment Trust (TSX:F.UN) Gross Profit : C$87.28 Mil (TTM As of Mar. 2024)


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What is FAM Real Estate Investment Trust Gross Profit?

FAM Real Estate Investment Trust's gross profit for the three months ended in Mar. 2024 was C$10.80 Mil. FAM Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$87.28 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FAM Real Estate Investment Trust's gross profit for the three months ended in Mar. 2024 was C$10.80 Mil. FAM Real Estate Investment Trust's Revenue for the three months ended in Mar. 2024 was C$50.26 Mil. Therefore, FAM Real Estate Investment Trust's Gross Margin % for the quarter that ended in Mar. 2024 was 21.48%.

FAM Real Estate Investment Trust had a gross margin of 21.48% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 12 years, the highest Gross Margin % of FAM Real Estate Investment Trust was 58.29%. The lowest was 44.35%. And the median was 46.77%.

Warning Sign:

Slate Office REIT gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


FAM Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for FAM 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.

FAM Real Estate Investment Trust Gross Profit Chart

FAM Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.70 85.94 78.54 92.40 87.65

FAM Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.16 25.31 26.54 24.64 10.80

Competitive Comparison of FAM Real Estate Investment Trust's Gross Profit

For the REIT - Office subindustry, FAM 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.


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

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

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



FAM 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.

FAM Real Estate Investment Trust'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
=197.621 - 109.976
=87.65

FAM Real Estate Investment Trust's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=50.261 - 39.464
=10.80

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$87.28 Mil.

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

FAM Real Estate Investment Trust's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=10.80 / 50.261
=21.48 %

* 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.


FAM Real Estate Investment Trust  (TSX:F.UN) 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

FAM Real Estate Investment Trust had a gross margin of 21.48% for the quarter that ended in Mar. 2024 => Competition eroding margins


FAM Real Estate Investment Trust Gross Profit Related Terms

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FAM Real Estate Investment Trust (TSX:F.UN) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 200, Toronto, ON, CAN, M5H 3T9
Slate Office REIT is an open-ended real estate investment trust. The company focuses on acquiring, holding, developing, maintaining, improving, leasing, managing, or otherwise dealing with office properties in Canada. the REIT's portfolio consists of approximately 34 commercial properties located in Canada. The company operates in Canada, United States, and Ireland.

FAM Real Estate Investment Trust (TSX:F.UN) Headlines

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