GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » JBG SMITH Properties (NYSE:JBGS) » Definitions » Gross Margin %
中文

JBG SMITH Properties (JBG SMITH Properties) Gross Margin % : 52.46% (As of Dec. 2023)


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

What is JBG SMITH Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JBG SMITH Properties's Gross Profit for the three months ended in Dec. 2023 was $77.4 Mil. JBG SMITH Properties's Revenue for the three months ended in Dec. 2023 was $147.6 Mil. Therefore, JBG SMITH Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 52.46%.


The historical rank and industry rank for JBG SMITH Properties's Gross Margin % or its related term are showing as below:

JBGS' s Gross Margin % Range Over the Past 10 Years
Min: 45.01   Med: 51.97   Max: 63.83
Current: 51.89


During the past 11 years, the highest Gross Margin % of JBG SMITH Properties was 63.83%. The lowest was 45.01%. And the median was 51.97%.

JBGS's Gross Margin % is ranked worse than
83.44% of 634 companies
in the REITs industry
Industry Median: 68.745 vs JBGS: 51.89

JBG SMITH Properties had a gross margin of 52.46% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JBG SMITH Properties was 0.00% per year.


JBG SMITH Properties Gross Margin % Historical Data

The historical data trend for JBG SMITH Properties'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.

JBG SMITH Properties Gross Margin % Chart

JBG SMITH Properties 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 50.35 45.01 48.20 49.37 51.89

JBG SMITH Properties 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 50.95 51.19 52.37 51.57 52.46

Competitive Comparison of JBG SMITH Properties's Gross Margin %

For the REIT - Office subindustry, JBG SMITH Properties'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.


JBG SMITH Properties's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, JBG SMITH Properties's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JBG SMITH Properties's Gross Margin % falls into.



JBG SMITH Properties Gross Margin % Calculation

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

JBG SMITH Properties'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 )
=313.5 / 604.198
=(Revenue - Cost of Goods Sold) / Revenue
=(604.198 - 290.665) / 604.198
=51.89 %

JBG SMITH Properties'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 )
=77.4 / 147.579
=(Revenue - Cost of Goods Sold) / Revenue
=(147.579 - 70.159) / 147.579
=52.46 %

* 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.


JBG SMITH Properties  (NYSE:JBGS) 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

JBG SMITH Properties had a gross margin of 52.46% 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.


JBG SMITH Properties Gross Margin % Related Terms

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


JBG SMITH Properties (JBG SMITH Properties) Business Description

Traded in Other Exchanges
N/A
Address
4747 Bethesda Avenue, Suite 200, Bethesda, MD, USA, 20814
JBG SMITH Properties is a real estate investment trust based in the United States. It owns, operates, invests in and develops real estate assets concentrated in urban infill submarkets in and around Washington, DC. In addition, the company also provides fee-based real estate services to the legacy funds through its third-party real estate services business. The operating segments of the company are commercial, multifamily and third-party asset management and real estate services.
Executives
Angela Valdes officer: Chief Accounting Officer 1600 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Kevin Reynolds officer: Co-Chief Development Officer C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Steven A Museles officer: Chief Legal Off. & Corp Secy
Madhumita Moina Banerjee officer: EVP, HEAD OF CAPITAL MARKETS C/O JBG SMITH PROPERTIES, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
David Peter Paul officer: Pres. & Chief Operating Off. C/O JBG/OPERATING PARTNERS, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Robert Alexander Stewart director, officer: Executive Vice Chairman C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
George Laucks Xanders officer: Chief Investment Officer C/O JBG SMITH PROPERTIES, 4747 BETHESDA AVENUE, SUITE 200, BETHESDA MD 20814
Scott A Estes director WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Alan S Forman director 55 WHITNEY AVENUE, 5TH FLOOR, NEW HAVEN CT 06511
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Charles E Haldeman director C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Alisa Michelle Mall director C/O JBG SMITH PROPERTIES, 4747 BETHESDA AVENUE, SUITE 200, BETHESDA MD 20814
Michael J Glosserman director THE JBG COMPANIES, 4445 WILLARD AVENUE, 4TH FLOOR, CHEVY CHASE MD 20815
University Yale director YALE UNIVERSITY INVESTMENTS OFFICE, 55 WHITNEY AVENUE 5TH FLOOR, NEW HAVEN CT 06510-1300
James Lee Iker officer: Chief Investment Officer C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815

JBG SMITH Properties (JBG SMITH Properties) Headlines