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FRP Holdings (FRP Holdings) Gross Profit : $38.02 Mil (TTM As of Dec. 2023)


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What is FRP Holdings Gross Profit?

FRP Holdings's gross profit for the three months ended in Dec. 2023 was $9.20 Mil. FRP Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $38.02 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FRP Holdings's gross profit for the three months ended in Dec. 2023 was $9.20 Mil. FRP Holdings's Revenue for the three months ended in Dec. 2023 was $10.11 Mil. Therefore, FRP Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 91.04%.

FRP Holdings had a gross margin of 91.04% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of FRP Holdings was 91.55%. The lowest was 87.08%. And the median was 88.04%.


FRP Holdings Gross Profit Historical Data

The historical data trend for FRP Holdings's Gross Profit 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.

FRP Holdings Gross Profit Chart

FRP Holdings Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.82 20.76 27.47 33.36 37.86

FRP Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 9.17 9.82 9.67 9.20 9.33

Competitive Comparison of FRP Holdings's Gross Profit

For the Real Estate Services subindustry, FRP Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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.


FRP Holdings's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FRP Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where FRP Holdings's Gross Profit falls into.



FRP Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

FRP Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=41.506 - 3.65
=37.86

FRP Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=10.105 - 0.905
=9.20

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.02 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

FRP Holdings'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=9.20 / 10.105
=91.04 %

* 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.


FRP Holdings  (NAS:FRPH) Gross Profit 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

FRP Holdings had a gross margin of 91.04% for the quarter that ended in Dec. 2023 => Durable competitive advantage


FRP Holdings Gross Profit Related Terms

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FRP Holdings (FRP Holdings) Business Description

Traded in Other Exchanges
N/A
Address
200 West Forsyth Street, 7th Floor, Jacksonville, FL, USA, 32202
FRP Holdings Inc is a holding company engaged in various real estate businesses. The company's business segments are Leasing and management of commercial properties owned by the company (the Asset Management Segment); Leasing and management of mining royalty land owned by the company (the Mining Royalty Lands Segment); real property acquisition, entitlement, development and construction for apartment, retail, warehouse, and office buildings either alone or through joint ventures (the Development Segment); ownership, leasing and management of buildings through joint ventures (the Stabilized Joint Venture Segment).
Executives
Devilliers David H Iii officer: Executive Vice President 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Milton John D Jr officer: Executive VP and CFO 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Devilliers David H Jr officer: President of Real Estate Group 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D Ii director, 10 percent owner 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Nicole B. Thomas director 200 W. FORSYTH ST, 7TH FLOOR, JACKSONVILLE FL 32202
John S Surface director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D. Iii officer: Chief Financial Officer FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
John D Klopfenstein officer: Controller and CAO 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Margaret B. Wetherbee director FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, JACKSONVILLE FL 32202
Commander Charles E Iii director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
James H Winston director C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Walton William H Iii director ONE INDEPENDENT DRIVE, SUITE 1600, JACKSONVILLE FL 32202
Baker Thompson S Ii director, 10 percent owner 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Robert E Sandlin officer: President & CEO of FRTL 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Fichthorn Luke E Iii director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202