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Primaris REIT (Primaris REIT) Net Margin % : 38.49% (As of Mar. 2024)


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What is Primaris REIT Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Primaris REIT's Net Income for the three months ended in Mar. 2024 was $33.9 Mil. Primaris REIT's Revenue for the three months ended in Mar. 2024 was $88.1 Mil. Therefore, Primaris REIT's net margin for the quarter that ended in Mar. 2024 was 38.49%.

The historical rank and industry rank for Primaris REIT's Net Margin % or its related term are showing as below:

PMREF' s Net Margin % Range Over the Past 10 Years
Min: -212.59   Med: 14.26   Max: 143.04
Current: 25.95


PMREF's Net Margin % is ranked worse than
53.48% of 791 companies
in the REITs industry
Industry Median: 31.7 vs PMREF: 25.95

Primaris REIT Net Margin % Historical Data

The historical data trend for Primaris REIT's Net 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.

Primaris REIT Net Margin % Chart

Primaris REIT Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.80 -212.59 143.04 -3.18 24.89

Primaris REIT Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 36.93 33.97 19.30 12.17 38.49

Competitive Comparison of Primaris REIT's Net Margin %

For the REIT - Retail subindustry, Primaris REIT's Net Margin %, along with its competitors' market caps and Net 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.


Primaris REIT's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's Net Margin % distribution charts can be found below:

* The bar in red indicates where Primaris REIT's Net Margin % falls into.



Primaris REIT Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Primaris REIT's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=76.231/306.328
=24.89 %

Primaris REIT's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=33.896/88.075
=38.49 %

* 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.


Primaris REIT  (OTCPK:PMREF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Primaris REIT Net Margin % Related Terms

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Primaris REIT (Primaris REIT) Business Description

Traded in Other Exchanges
Address
26 Wellington Street East, Suite 400, Toronto, ON, CAN, M5E 1S2
Primaris REIT is an unincorporated, open-ended real estate investment trust that comprises ownership, management, and development of investment properties located across Canada. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.

Primaris REIT (Primaris REIT) Headlines