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Great Portland Estates (LSE:GPE) Gross Profit : £62.10 Mil (TTM As of Mar. 2024)


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What is Great Portland Estates Gross Profit?

Great Portland Estates's gross profit for the six months ended in Mar. 2024 was £30.80 Mil. Great Portland Estates's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was £62.10 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Great Portland Estates's gross profit for the six months ended in Mar. 2024 was £30.80 Mil. Great Portland Estates's Revenue for the six months ended in Mar. 2024 was £47.80 Mil. Therefore, Great Portland Estates's Gross Margin % for the quarter that ended in Mar. 2024 was 64.44%.

Great Portland Estates had a gross margin of 64.44% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Great Portland Estates was 72.78%. The lowest was 25.15%. And the median was 64.84%.


Great Portland Estates Gross Profit Historical Data

The historical data trend for Great Portland Estates'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.

Great Portland Estates Gross Profit Chart

Great Portland Estates Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.60 63.70 53.70 58.90 62.10

Great Portland Estates Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 25.40 29.40 29.50 31.30 30.80

Competitive Comparison of Great Portland Estates's Gross Profit

For the REIT - Office subindustry, Great Portland Estates'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.


Great Portland Estates's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Great Portland Estates's Gross Profit distribution charts can be found below:

* The bar in red indicates where Great Portland Estates's Gross Profit falls into.



Great Portland Estates Gross Profit Calculation

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

Great Portland Estates's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=95.4 - 33.3
=62.10

Great Portland Estates's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=47.8 - 17
=30.80

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £62.10 Mil.

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

Great Portland Estates'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=30.80 / 47.8
=64.44 %

* 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.


Great Portland Estates  (LSE:GPE) 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

Great Portland Estates had a gross margin of 64.44% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Great Portland Estates Gross Profit Related Terms

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Great Portland Estates (LSE:GPE) Business Description

Traded in Other Exchanges
Address
33 Cavendish Square, London, GBR, W1G 0PW
Great Portland Estates PLC, or GPE, is a real estate investment trust involved in the ownership and development of commercial property in central London. GPE invests in and redevelops London real estate. The company generates revenue from these assets through long-term lease agreements. Income is also derived from the management of other development projects. The majority of the company's real estate portfolio is comprised of office space, while retail locations also make up a significant percentage. Almost half of GPE's properties are located in the North of Oxford Street area. London's West End is home to a substantial share as well. GPE's tenants are primarily divided between retail & leisure shops; technology, media, & telecom companies; and professional & business services firms.

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