The RMR Group (The RMR Group) Gross Profit : $311.5 Mil (TTM As of Mar. 2024)

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What is The RMR Group Gross Profit?

The RMR Group's gross profit for the three months ended in Mar. 2024 was $72.5 Mil. The RMR Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $311.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The RMR Group's gross profit for the three months ended in Mar. 2024 was $72.5 Mil. The RMR Group's Revenue for the three months ended in Mar. 2024 was $217.7 Mil. Therefore, The RMR Group's Gross Margin % for the quarter that ended in Mar. 2024 was 33.30%.

The RMR Group had a gross margin of 33.30% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of The RMR Group was 68.75%. The lowest was 31.68%. And the median was 44.68%.

The RMR Group Gross Profit Historical Data

The historical data trend for The RMR Group'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.

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The RMR Group Gross Profit Chart

The RMR Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross Profit

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358.83

228.93

237.20

263.74

305.92

The RMR Group 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															66.32	109.34	64.00	65.67	72.52

Competitive Comparison of The RMR Group's Gross Profit

For the Real Estate Services subindustry, The RMR Group'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.

The RMR Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The RMR Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where The RMR Group's Gross Profit falls into.

The RMR Group Gross Profit Calculation

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

The RMR Group's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	962.316	-	656.401
	=	305.9

The RMR Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	217.749	-	145.232
	=	72.5

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $311.5 Mil.

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

The RMR Group'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
	=	72.5	/	217.749
	=	33.30 %

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.

The RMR Group (NAS:RMR) 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

The RMR Group had a gross margin of 33.30% for the quarter that ended in Mar. 2024 => Competition eroding margins

The RMR Group Gross Profit Related Terms

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The RMR Group (The RMR Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The RMR Group Inc (NAS:RMR) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

RMR:Mexico 26R:Germany 26R:Germany

Address

255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634

Website

https://www.rmrgroup.com

The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.

Executives

Christopher J. Bilotto	officer: Exec. VP of The RMR Group LLC	C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer F. Mintzer	officer: Exec. VP of The RMR Group LLC	C/O DIVERSIFIED HEALTHCARE TRUST, TWO NEWTON PL., 255 WASHINGTON STREET, NEWTON MA 02458
Jonathan Veitch	director	TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jonathan Pertchik	officer: Exec. VP of The RMR Group LLC	C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Andrew J Rebholz	officer: Exec. VP of The RMR Group LLC	C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458
Rosen Plevneliev	director	THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Frederick N Zeytoonjian	director	C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Watkins Walter C. Jr.	director	C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458-1634
Ann Logan	director	C/O PHH CORPORATION, 3000 LEADENHALL RD, MOUNT LAUREL NJ 08054
John G. Murray	officer: Exec. VP of The RMR Group LLC	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Thomas M O'brien	officer: Exec. VP of The RMR Group LLC	308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
David M Blackman	officer: Exec. VP of The RMR Group LLC	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Mackey Bruce J Jr	officer: Exec. VP of The RMR Group LLC	C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458
Matthew P. Jordan	officer: CFO and Treasurer	C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Senior Housing Properties Trust	10 percent owner	C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458