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Net Lease Office Properties (Net Lease Office Properties) Gross Margin % : 79.98% (As of Dec. 2023)


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What is Net Lease Office Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Net Lease Office Properties's Gross Profit for the three months ended in Dec. 2023 was $37.11 Mil. Net Lease Office Properties's Revenue for the three months ended in Dec. 2023 was $46.39 Mil. Therefore, Net Lease Office Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 79.98%.


The historical rank and industry rank for Net Lease Office Properties's Gross Margin % or its related term are showing as below:

NLOP' s Gross Margin % Range Over the Past 10 Years
Min: 79.07   Med: 79.66   Max: 80.44
Current: 79.07


During the past 5 years, the highest Gross Margin % of Net Lease Office Properties was 80.44%. The lowest was 79.07%. And the median was 79.66%.

NLOP's Gross Margin % is ranked better than
70.38% of 628 companies
in the REITs industry
Industry Median: 68.83 vs NLOP: 79.07

Net Lease Office Properties had a gross margin of 79.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Net Lease Office Properties was 0.00% per year.


Net Lease Office Properties Gross Margin % Historical Data

The historical data trend for Net Lease Office Properties'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.

Net Lease Office Properties Gross Margin % Chart

Net Lease Office Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
80.44 80.35 79.66 79.51 79.08

Net Lease Office Properties Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 80.16 78.70 - 78.09 79.98

Competitive Comparison of Net Lease Office Properties's Gross Margin %

For the REIT - Office subindustry, Net Lease Office Properties'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.


Net Lease Office Properties's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Net Lease Office Properties's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Net Lease Office Properties's Gross Margin % falls into.



Net Lease Office Properties Gross Margin % Calculation

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

Net Lease Office Properties'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 )
=138.4 / 174.965
=(Revenue - Cost of Goods Sold) / Revenue
=(174.965 - 36.599) / 174.965
=79.08 %

Net Lease Office Properties's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=37.1 / 46.394
=(Revenue - Cost of Goods Sold) / Revenue
=(46.394 - 9.289) / 46.394
=79.98 %

* 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.


Net Lease Office Properties  (NYSE:NLOP) 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

Net Lease Office Properties had a gross margin of 79.98% for the quarter that ended in Dec. 2023 => 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.


Net Lease Office Properties Gross Margin % Related Terms

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Net Lease Office Properties (Net Lease Office Properties) Business Description

Traded in Other Exchanges
N/A
Address
395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001
Website
Net Lease Office Properties is a real estate investment trust. Through its subsidiaries it owns, operates and finance office building. Its properties are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its portfolio includes approximately 1.5 million square feet of Green-Certified Buildings, 4 LEED-Certified Buildings and 1 BREEAM-Certified Building.
Executives
Richard J Pinola director BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Hansing Axel K.a. director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jean Hoysradt director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
John J Park director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox officer: CHIEF EXECUTIVE OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Toniann Sanzone officer: CHIEF FINANCIAL OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brian H Zander officer: CHIEF ACCOUNTING OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
W. P. Carey Inc. 10 percent owner ONE MANHATTAN WEST, 395 9TH AVENUE, 58TH FLOOR, NEW YORK NY 10001

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