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Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) Gross Profit : ₺8,494 Mil (TTM As of Dec. 2023)


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What is Emlak Konut Gayrimenkul Yatirim Ortakligi AS Gross Profit?

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's gross profit for the three months ended in Dec. 2023 was ₺3,980 Mil. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₺8,494 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's gross profit for the three months ended in Dec. 2023 was ₺3,980 Mil. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Dec. 2023 was ₺16,361 Mil. Therefore, Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Gross Margin % for the quarter that ended in Dec. 2023 was 24.32%.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS had a gross margin of 24.32% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Emlak Konut Gayrimenkul Yatirim Ortakligi AS was 54.16%. The lowest was 23.83%. And the median was 37.66%.

Warning Sign:

Emlak Konut Gayrimenkul Yatirim Ortakligi AS gross margin has been in long-term decline. The average rate of decline per year is -5.1%.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Gross Profit Historical Data

The historical data trend for Emlak Konut Gayrimenkul Yatirim Ortakligi AS'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.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Gross Profit Chart

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,545.22 1,127.36 2,217.84 5,098.39 8,493.54

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,009.43 2,069.91 1,648.34 795.57 3,979.72

Competitive Comparison of Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Gross Profit

For the REIT - Residential subindustry, Emlak Konut Gayrimenkul Yatirim Ortakligi AS'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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Gross Profit falls into.



Emlak Konut Gayrimenkul Yatirim Ortakligi AS Gross Profit Calculation

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

Emlak Konut Gayrimenkul Yatirim Ortakligi AS'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
=28495.819 - 20002.283
=8,494

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=16361.432 - 12381.711
=3,980

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 ₺8,494 Mil.

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

Emlak Konut Gayrimenkul Yatirim Ortakligi AS'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
=3,980 / 16361.432
=24.32 %

* 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS  (IST:EKGYO) 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

Emlak Konut Gayrimenkul Yatirim Ortakligi AS had a gross margin of 24.32% for the quarter that ended in Dec. 2023 => Competition eroding margins


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Gross Profit Related Terms

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Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) Business Description

Traded in Other Exchanges
N/A
Address
Barbaros Mahallesi, Mor Sumbul Sokak No :7/2 B, Atasehir, Istanbul, TUR
Emlak Konut Gayrimenkul Yatirim Ortakligi AS, or Emlak Konut REIT, is a Turkish real estate investment trust of which the main shareholder is the Turkish government through the Housing Development Administration of Turkey. The company is primarily engaged in the development and leasing of housing units in urban areas throughout Turkey. Emlak Konut primarily focuses on purchasing and developing real estate projects, such as apartments and townhomes, aimed at middle and upper-middle-class income groups. The vast majority of the company's total revenue is derived from revenue sharing projects in which property income is shared between multiple contractors. Most of the leases that Emlak Konut receives rental revenue from are short- to medium-term leases.

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