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Alpineome Property Trust (Alpineome Property Trust) Gross Margin %

: 76.14% (As of Mar. 2024)
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Gross Margin % is calculated as gross profit divided by its revenue. Alpineome Property Trust's Gross Profit for the three months ended in Mar. 2024 was $9.49 Mil. Alpineome Property Trust's Revenue for the three months ended in Mar. 2024 was $12.47 Mil. Therefore, Alpineome Property Trust's Gross Margin % for the quarter that ended in Mar. 2024 was 76.14%.


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

PINE' s Gross Margin % Range Over the Past 10 Years
Min: 74.7   Med: 78.38   Max: 86.18
Current: 78.16


During the past 7 years, the highest Gross Margin % of Alpineome Property Trust was 86.18%. The lowest was 74.70%. And the median was 78.38%.

PINE's Gross Margin % is ranked better than
69.19% of 633 companies
in the REITs industry
Industry Median: 68.71 vs PINE: 78.16

Alpineome Property Trust had a gross margin of 76.14% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Alpineome Property Trust was 0.00% per year.


Alpineome Property Trust Gross Margin % Historical Data

The historical data trend for Alpineome Property 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.

Alpineome Property Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only - 74.70 77.25 79.50 76.04

Alpineome Property Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 77.30 86.23 75.63 74.86 76.14

Competitive Comparison

For the REIT - Retail subindustry, Alpineome Property 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.


Alpineome Property Trust Gross Margin % Distribution

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

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



Alpineome Property Trust Gross Margin % Calculation

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

Alpineome Property 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 )
=34.7 / 45.644
=(Revenue - Cost of Goods Sold) / Revenue
=(45.644 - 10.936) / 45.644
=76.04 %

Alpineome Property 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 )
=9.5 / 12.466
=(Revenue - Cost of Goods Sold) / Revenue
=(12.466 - 2.974) / 12.466
=76.14 %

* 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.


Alpineome Property Trust  (NYSE:PINE) 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

Alpineome Property Trust had a gross margin of 76.14% for the quarter that ended in Mar. 2024 => 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.


Alpineome Property Trust Gross Margin % Related Terms

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


Alpineome Property Trust (Alpineome Property Trust) Business Description

Traded in Other Exchanges
N/A
Address
1140 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
Alpine Income Property Trust Inc is a real estate company. It owns and operates a portfolio of single-tenant commercial properties. The company's portfolio is comprised of single-tenant retail and office properties located in or in close proximity to MSAs, growth markets and other markets in the United States. The majority of the firm's revenue includes rental revenue derived from the ownership and leasing of property.
Executives
John P Albright director, officer: President and CEO PO BOX 10809, DAYTONA BEACH FL 32120
Decker Mark Okey Jr director 10414 NEW ASCOT DRIVE, GREAT FALLS VA 22066
Consolidated Tomoka Land Co 10 percent owner 369 N. NEW YORK AVE., SUITE 201, WINTER PARK FL 32789
Daniel Earl Smith officer: See Remarks P.O. BOX 10809, DAYTONA BEACH FL 32120
Wein Rachel Elias director PO BOX 10809, DAYTONA BEACH FL 32120
Matthew Morris Partridge officer: Sr. VP & CFO 70 E. LONG LAKE, BLOOMFIELD HILLS MI 48304
Lisa Vorakoun officer: VP & Chief Accounting Officer 1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH FL 32114
Steven Robert Greathouse officer: See Remarks PO BOX 10809, DAYTONA BEACH FL 32120
Mark E Patten officer: See Remarks PO BOX 10809, DAYTONA BEACH FL 32120
Andrew C Richardson director 527 MADISON AVENUE, 16TH FLOOR, NEW YORK NY 10022
Jeffrey Scott Yarckin director PO BOX 10809, DAYTONA BEACH FL 32120
Morton Carson Good director PO BOX 10809, DAYTONA BEACH FL 32120