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Physicians Realty Trust (Physicians Realty Trust) Gross Margin % : 67.10% (As of Dec. 2023)


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What is Physicians Realty Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Physicians Realty Trust's Gross Profit for the three months ended in Dec. 2023 was $90.9 Mil. Physicians Realty Trust's Revenue for the three months ended in Dec. 2023 was $135.5 Mil. Therefore, Physicians Realty Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 67.10%.

Warning Sign:

Physicians Realty Trust gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


The historical rank and industry rank for Physicians Realty Trust's Gross Margin % or its related term are showing as below:

DOC' s Gross Margin % Range Over the Past 10 Years
Min: 66.39   Med: 70.84   Max: 80.96
Current: 66.39


During the past 13 years, the highest Gross Margin % of Physicians Realty Trust was 80.96%. The lowest was 66.39%. And the median was 70.84%.

DOC's Gross Margin % is not ranked
in the REITs industry.
Industry Median: 68.745 vs DOC: 66.39

Physicians Realty Trust had a gross margin of 67.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Physicians Realty Trust was -1.30% per year.


Physicians Realty Trust Gross Margin % Historical Data

The historical data trend for Physicians Realty Trust's Gross Margin % 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.

Physicians Realty Trust Gross Margin % Chart

Physicians Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.94 70.70 69.98 67.51 66.39

Physicians Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 67.55 66.21 66.64 65.63 67.10

Competitive Comparison of Physicians Realty Trust's Gross Margin %

For the REIT - Healthcare Facilities subindustry, Physicians Realty Trust's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Physicians Realty Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Physicians Realty Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Physicians Realty Trust's Gross Margin % falls into.



Physicians Realty Trust Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Physicians Realty Trust's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=360.8 / 543.463
=(Revenue - Cost of Goods Sold) / Revenue
=(543.463 - 182.661) / 543.463
=66.39 %

Physicians Realty Trust's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=90.9 / 135.472
=(Revenue - Cost of Goods Sold) / Revenue
=(135.472 - 44.567) / 135.472
=67.10 %

* 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.


Physicians Realty Trust  (NYSE:DOC) Gross Margin % 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

Physicians Realty Trust had a gross margin of 67.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Physicians Realty Trust Gross Margin % Related Terms

Thank you for viewing the detailed overview of Physicians Realty Trust's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Physicians Realty Trust (Physicians Realty Trust) Business Description

Traded in Other Exchanges
Address
309 North Water Street, Suite 500, Milwaukee, WI, USA, 53202
Physicians Realty Trust is a company belonging to the United States healthcare sector. It acquires, develops, and leases healthcare properties to physicians, hospitals, and healthcare delivery systems. Its portfolio includes medical office buildings, outpatient treatment and diagnostic facilities, physician group practice clinics, ambulatory surgery centres, and specialty hospitals. The company also alternatively invests in life science facilities, senior housing properties, skilled nursing facilities, and treatment centers.
Executives
Laurie P Becker officer: SVP-Controller 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Albert Jr Black director 3333 LEE PARKWAY STE 100, DALLAS TX 75219
Tommy G Thompson director 7711 CARONDELET, ST. LOUIS MO 63105
John T Thomas director, officer: President and CEO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Bradley D. Page officer: Senior VP & General Counsel 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Pamela Shelley-kessler director 300 ESPLANADE DR #1860, OXNARD CA 93036
Richard A. Weiss director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
William Mark Dukes officer: SVP-Asset Management 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Ava Lias-booker director 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Amy M Hall officer: SVP-Leasing&Physician Strategy 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Daniel M Klein officer: Senior VP-Deputy CIO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Jeffrey Theiler officer: Executive Vice President & CFO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Stanton D. Anderson director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
John W. Lucey officer: Senior Vice President 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Mark D. Theine officer: Senior VP of Asset/Investmets 250 E. WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202