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Flagship Communities REIT (TSX:MHC.U) Net Margin % : 55.84% (As of Mar. 2024)


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What is Flagship Communities REIT Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Flagship Communities REIT's Net Income for the three months ended in Mar. 2024 was $11.12 Mil. Flagship Communities REIT's Revenue for the three months ended in Mar. 2024 was $19.92 Mil. Therefore, Flagship Communities REIT's net margin for the quarter that ended in Mar. 2024 was 55.84%.

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

TSX:MHC.U' s Net Margin % Range Over the Past 10 Years
Min: 72.59   Med: 115.47   Max: 187.18
Current: 80.86


TSX:MHC.U's Net Margin % is ranked better than
78.35% of 790 companies
in the REITs industry
Industry Median: 32.14 vs TSX:MHC.U: 80.86

Flagship Communities REIT Net Margin % Historical Data

The historical data trend for Flagship Communities 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.

Flagship Communities REIT Net Margin % Chart

Flagship Communities REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 187.18 - 139.31 72.59 91.62

Flagship Communities REIT Quarterly Data
Dec18 Jun19 Dec19 Jun20 Sep20 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 96.76 123.09 159.63 -7.93 55.84

Competitive Comparison of Flagship Communities REIT's Net Margin %

For the REIT - Residential subindustry, Flagship Communities 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.


Flagship Communities REIT's Net Margin % Distribution in the REITs Industry

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

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



Flagship Communities 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.

Flagship Communities 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 )
=65.098/71.052
=91.62 %

Flagship Communities 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 )
=11.124/19.92
=55.84 %

* 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.


Flagship Communities REIT  (TSX:MHC.U) 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.


Flagship Communities REIT Net Margin % Related Terms

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Flagship Communities REIT (TSX:MHC.U) Business Description

Traded in Other Exchanges
Address
467 Erlanger Road, Erlanger, KY, USA, 41018
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

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