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Alpineome Property Trust (Alpineome Property Trust) Operating Income : $7.84 Mil (TTM As of Mar. 2024)


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What is Alpineome Property Trust Operating Income?

Alpineome Property Trust's Operating Income for the three months ended in Mar. 2024 was $2.61 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $7.84 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Alpineome Property Trust's Operating Income for the three months ended in Mar. 2024 was $2.61 Mil. Alpineome Property Trust's Revenue for the three months ended in Mar. 2024 was $12.47 Mil. Therefore, Alpineome Property Trust's Operating Margin % for the quarter that ended in Mar. 2024 was 20.97%.

Alpineome Property Trust's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpineome Property Trust's annualized ROC % for the quarter that ended in Mar. 2024 was 1.89%. Alpineome Property Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 157.96%.


Alpineome Property Trust Operating Income Historical Data

The historical data trend for Alpineome Property Trust's Operating Income 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 Operating Income Chart

Alpineome Property Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial - 2.32 5.49 10.41 7.01

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
Operating Income 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 1.87 1.79 1.66 1.78 2.61

Alpineome Property Trust Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.84 Mil.

* 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.


Alpineome Property Trust  (NYSE:PINE) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Alpineome Property Trust's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=10.456 * ( 1 - 0% )/( (557.01 + 549.8)/ 2 )
=10.456/553.405
=1.89 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Alpineome Property Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.608/( ( (1.434 + max(9.132, 0)) + (1.328 + max(1.537, 0)) )/ 2 )
=10.608/( ( 10.566 + 2.865 )/ 2 )
=10.608/6.7155
=157.96 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.809 + 0 + 15.02) - (3.531 + 3.166 + 0)
=9.132

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.902 + 0 + 7.823) - (4.076 + 3.112 + 0)
=1.537

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Alpineome Property Trust's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2.614/12.466
=20.97 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Alpineome Property Trust Operating Income Related Terms

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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

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