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Franklin BSP Realty Trust (Franklin BSP Realty Trust) Gross Margin % : 40.27% (As of Dec. 2023)


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What is Franklin BSP Realty Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Franklin BSP Realty Trust's Gross Profit for the three months ended in Dec. 2023 was $54.8 Mil. Franklin BSP Realty Trust's Revenue for the three months ended in Dec. 2023 was $136.0 Mil. Therefore, Franklin BSP Realty Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 40.27%.

Warning Sign:

Franklin BSP Realty Trust Inc gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


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

FBRT' s Gross Margin % Range Over the Past 10 Years
Min: 46.35   Med: 61.88   Max: 79.34
Current: 46.35


During the past 9 years, the highest Gross Margin % of Franklin BSP Realty Trust was 79.34%. The lowest was 46.35%. And the median was 61.88%.

FBRT's Gross Margin % is ranked worse than
87.85% of 634 companies
in the REITs industry
Industry Median: 68.745 vs FBRT: 46.35

Franklin BSP Realty Trust had a gross margin of 40.27% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Franklin BSP Realty Trust was -1.10% per year.


Franklin BSP Realty Trust Gross Margin % Historical Data

The historical data trend for Franklin BSP 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.

Franklin BSP Realty Trust Gross Margin % Chart

Franklin BSP Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 53.03 61.88 74.65 56.30 46.35

Franklin BSP 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 46.81 46.90 52.74 44.45 40.27

Competitive Comparison of Franklin BSP Realty Trust's Gross Margin %

For the REIT - Mortgage subindustry, Franklin BSP 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.


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

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

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



Franklin BSP Realty Trust Gross Margin % Calculation

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

Franklin BSP 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 )
=264 / 569.527
=(Revenue - Cost of Goods Sold) / Revenue
=(569.527 - 305.577) / 569.527
=46.35 %

Franklin BSP 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 )
=54.8 / 135.99
=(Revenue - Cost of Goods Sold) / Revenue
=(135.99 - 81.23) / 135.99
=40.27 %

* 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.


Franklin BSP Realty Trust  (NYSE:FBRT) 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

Franklin BSP Realty Trust had a gross margin of 40.27% 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.


Franklin BSP Realty Trust Gross Margin % Related Terms

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


Franklin BSP Realty Trust (Franklin BSP Realty Trust) Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, Suite 32A, New York, NY, USA, 10105
Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt, and first mortgage loans. secured by properties located in the United States.
Executives
Michael Comparato officer: President C/O FRANKLIN BSP REALTY TRUST, INC., 1345 AVENUE OF THE AMERICAS, SUITE 32A, NEW YORK NY 10105
Joe Dumars director 1400 SCENIC COURT, BLOOMFIELD HILLS MI 48302
Buford H Ortale director 104 WRAUDMONT BOULEVARD, SUITE 240, NASHVILLE TN 37205
Richard J Byrne director, officer: Chairman, CEO and President 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jerome S. Baglien officer: CFO, COO and Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Gary Keiser director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Patsy Joseph Augustine director 8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Jamie Handwerker director 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Peter J Mcdonough director 405 PARK AVENUE, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Matthew Donnelly officer: President and COO 405 PARK AVENUE, NEW YORK NY 10022
Donald R Ramon officer: CFO, Secretary and Treasurer INVESCO LTD., 1555 PEACHTREE STREET NE, ATLANTA GA 30309
William M Kahane director AMERICAN REALTY CAPITAL, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: Chairman of Bd. of Dir. & CEO

Franklin BSP Realty Trust (Franklin BSP Realty Trust) Headlines

From GuruFocus

Franklin BSP Realty Trust, Inc. Announces Closing of $1.2 Billion CLO

By Business Wire Business Wire 02-15-2022

Franklin BSP Realty Trust, Inc. Appoints Michael Comparato as President

By Business Wire Business Wire 03-22-2023