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Broadstone Net Lease (STU:62XA) Gross Profit : €376.1 Mil (TTM As of Mar. 2024)


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What is Broadstone Net Lease Gross Profit?

Broadstone Net Lease's gross profit for the three months ended in Mar. 2024 was €91.7 Mil. Broadstone Net Lease's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €376.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Broadstone Net Lease's gross profit for the three months ended in Mar. 2024 was €91.7 Mil. Broadstone Net Lease's Revenue for the three months ended in Mar. 2024 was €96.9 Mil. Therefore, Broadstone Net Lease's Gross Margin % for the quarter that ended in Mar. 2024 was 94.63%.

Broadstone Net Lease had a gross margin of 94.63% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Broadstone Net Lease was 97.27%. The lowest was 94.57%. And the median was 95.18%.


Broadstone Net Lease Gross Profit Historical Data

The historical data trend for Broadstone Net Lease'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.

Broadstone Net Lease Gross Profit Chart

Broadstone Net Lease Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 254.54 250.02 322.51 364.14 385.43

Broadstone Net Lease 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 105.64 96.33 97.29 90.79 91.73

Competitive Comparison of Broadstone Net Lease's Gross Profit

For the REIT - Diversified subindustry, Broadstone Net Lease'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.


Broadstone Net Lease's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's Gross Profit distribution charts can be found below:

* The bar in red indicates where Broadstone Net Lease's Gross Profit falls into.



Broadstone Net Lease Gross Profit Calculation

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

Broadstone Net Lease'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
=406.128 - 20.702
=385.4

Broadstone Net Lease's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=96.937 - 5.207
=91.7

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 €376.1 Mil.

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

Broadstone Net Lease'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
=91.7 / 96.937
=94.63 %

* 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.


Broadstone Net Lease  (STU:62XA) 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

Broadstone Net Lease had a gross margin of 94.63% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Broadstone Net Lease Gross Profit Related Terms

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Broadstone Net Lease (STU:62XA) Business Description

Traded in Other Exchanges
Address
800 Clinton Square, Rochester, NY, USA, 14604
Broadstone Net Lease Inc is an internally-managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.

Broadstone Net Lease (STU:62XA) Headlines

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