Choice Properties Real Estate Investment Trust (Choice Properties Real Estate Investment Trust) Net Margin % : 40.74% (As of Mar. 2024)

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What is Choice Properties Real Estate Investment Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Choice Properties Real Estate Investment Trust's Net Income for the three months ended in Mar. 2024 was $105 Mil. Choice Properties Real Estate Investment Trust's Revenue for the three months ended in Mar. 2024 was $258 Mil. Therefore, Choice Properties Real Estate Investment Trust's net margin for the quarter that ended in Mar. 2024 was 40.74%.

The historical rank and industry rank for Choice Properties Real Estate Investment Trust's Net Margin % or its related term are showing as below:

PPRQF' s Net Margin % Range Over the Past 10 Years
Min: -45.12 Med: 32.35 Max: 59.69
Current: 49.15

PPRQF's Net Margin % is ranked better than
65.99% of 791 companies
in the REITs industry
Industry Median: 31.7 vs PPRQF: 49.15

Choice Properties Real Estate Investment Trust Net Margin % Historical Data

The historical data trend for Choice Properties Real Estate Investment Trust'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.

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Choice Properties Real Estate Investment Trust Net Margin % Chart

Choice Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-45.12

35.47

1.78

58.85

59.69

Choice Properties Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															83.41	162.16	134.09	-125.64	40.74

Competitive Comparison of Choice Properties Real Estate Investment Trust's Net Margin %

For the REIT - Retail subindustry, Choice Properties Real Estate Investment Trust'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.

Choice Properties Real Estate Investment Trust's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Choice Properties Real Estate Investment Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Choice Properties Real Estate Investment Trust's Net Margin % falls into.

Choice Properties Real Estate Investment Trust 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.

Choice Properties Real Estate Investment Trust'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 )
	=	593.836	/	994.934
	=	59.69 %

Choice Properties Real Estate Investment Trust'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 )
	=	105.112	/	257.998
	=	40.74 %

Choice Properties Real Estate Investment Trust (OTCPK:PPRQF) 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.

Choice Properties Real Estate Investment Trust Net Margin % Related Terms

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Choice Properties Real Estate Investment Trust (Choice Properties Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Choice Properties Real Estate Investment Trust (OTCPK:PPRQF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

6HC:Germany CHP.UN:Canada

Address

22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5

Website

https://www.choicereit.ca

Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generate the majority of revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.