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Presidio Property Trust (Presidio Property Trust) Gross Margin % : 67.35% (As of Mar. 2024)


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What is Presidio Property Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Presidio Property Trust's Gross Profit for the three months ended in Mar. 2024 was $3.23 Mil. Presidio Property Trust's Revenue for the three months ended in Mar. 2024 was $4.79 Mil. Therefore, Presidio Property Trust's Gross Margin % for the quarter that ended in Mar. 2024 was 67.35%.


The historical rank and industry rank for Presidio Property Trust's Gross Margin % or its related term are showing as below:

SQFT' s Gross Margin % Range Over the Past 10 Years
Min: 63.65   Med: 66.27   Max: 68.77
Current: 67.49


During the past 10 years, the highest Gross Margin % of Presidio Property Trust was 68.77%. The lowest was 63.65%. And the median was 66.27%.

SQFT's Gross Margin % is ranked worse than
53.41% of 631 companies
in the REITs industry
Industry Median: 68.98 vs SQFT: 67.49

Presidio Property Trust had a gross margin of 67.35% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Presidio Property Trust was 0.60% per year.


Presidio Property Trust Gross Margin % Historical Data

The historical data trend for Presidio Property Trust'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.

Presidio Property Trust Gross Margin % Chart

Presidio Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.65 63.79 67.85 67.12 66.19

Presidio Property Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross 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 61.81 69.21 67.04 66.34 67.35

Competitive Comparison of Presidio Property Trust's Gross Margin %

For the REIT - Diversified subindustry, Presidio Property Trust'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.


Presidio Property Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Presidio Property Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Presidio Property Trust's Gross Margin % falls into.



Presidio Property Trust Gross Margin % Calculation

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

Presidio Property Trust'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 )
=11.7 / 17.636
=(Revenue - Cost of Goods Sold) / Revenue
=(17.636 - 5.963) / 17.636
=66.19 %

Presidio Property Trust's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=3.2 / 4.79
=(Revenue - Cost of Goods Sold) / Revenue
=(4.79 - 1.564) / 4.79
=67.35 %

* 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.


Presidio Property Trust  (NAS:SQFT) 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

Presidio Property Trust had a gross margin of 67.35% for the quarter that ended in Mar. 2024 => 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.


Presidio Property Trust Gross Margin % Related Terms

Thank you for viewing the detailed overview of Presidio Property Trust's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Presidio Property Trust (Presidio Property Trust) Business Description

Traded in Other Exchanges
Address
4995 Murphy Canyon Road, Suite 300, San Diego, CA, USA, 92123
Presidio Property Trust Inc is a real estate company. The company operates as a self-administered real estate investment trust. Presidio Property Trust's portfolio has diverse product types consisting of office, retail, industrial, self-storage, and residential properties. Its main objective is to maximize long-term stockholder value through the acquisition, management, leasing and selective redevelopment of high-quality office and industrial properties.
Executives
Tracie Jan Hager director 877 ISLAND AVENUE, UNIT 607, SAN DIEGO CA 92101
Steven Hightower director, other: President, NetREIT Advisors 6605 CYPRESSWOOD DRIVE, SUITE 430, SPRING TX 77379
Jack Kendrick Heilbron director, officer: Chief Executive Officer 16433 BRONCO LANE, POWAY CA 92064
Adam Sragovicz officer: Chief Financial Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
James Robert Durfey director 818 BUCCANEER PT., DECATUR IL 62521
Larry Gene Dubose director 14218BENNEY BRIER, HOUSTON TX 77069
Bentzen Edwin H Iv officer: Chief Accounting Officer 2513 BIRCH HOLLOW ST, HENDERSON NV 89044
Jessica C Joelson officer: Chief Accounting Officer 4995 MURPHY CANYON ROAD, SUITE 300, SAN DIEGO CA 92123
Jennifer A Barnes director C/O PRESIDIO PROPERTY TRUST, INC., SAN DIEGO CA 92123
Laureen Ong director 1251 EAST MAIN STREET, STAMFORD CT 06902
Quyen Thi Dao-haddock officer: Chief Accounting Officer C/O: PRESIDIO PROPERTY TRUST, INC., 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Gary Morris Katz officer: SVP, Asset Management C/O: PRESIDIO PROPERTY TRUST, INC., 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Grant Harbert officer: Chief Financial Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Heather L Pittard officer: Principal Accounting Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Shirley Y Bullard director P.O. BOX 461837, ESCONDIDO CA 92046