GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsubishi Estate Co Ltd (STU:MES) » Definitions » Gross Profit

Mitsubishi Estate Co (STU:MES) Gross Profit : €2,471 Mil (TTM As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Mitsubishi Estate Co Gross Profit?

Mitsubishi Estate Co's gross profit for the three months ended in Mar. 2024 was €1,007 Mil. Mitsubishi Estate Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €2,471 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mitsubishi Estate Co's gross profit for the three months ended in Mar. 2024 was €1,007 Mil. Mitsubishi Estate Co's Revenue for the three months ended in Mar. 2024 was €3,551 Mil. Therefore, Mitsubishi Estate Co's Gross Margin % for the quarter that ended in Mar. 2024 was 28.36%.

Mitsubishi Estate Co had a gross margin of 28.36% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Mitsubishi Estate Co was 28.82%. The lowest was 21.70%. And the median was 25.63%.


Mitsubishi Estate Co Gross Profit Historical Data

The historical data trend for Mitsubishi Estate Co'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.

Mitsubishi Estate Co Gross Profit Chart

Mitsubishi Estate Co 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 2,817.19 2,455.60 2,869.74 2,774.34 2,408.86

Mitsubishi Estate Co 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 875.84 493.56 427.88 542.55 1,006.99

Competitive Comparison of Mitsubishi Estate Co's Gross Profit

For the Real Estate - Diversified subindustry, Mitsubishi Estate Co'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.


Mitsubishi Estate Co's Gross Profit Distribution in the Real Estate Industry

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

* The bar in red indicates where Mitsubishi Estate Co's Gross Profit falls into.



Mitsubishi Estate Co Gross Profit Calculation

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

Mitsubishi Estate Co'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
=9239.921 - 6831.061
=2,409

Mitsubishi Estate Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3550.827 - 2543.841
=1,007

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 €2,471 Mil.

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

Mitsubishi Estate Co'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
=1,007 / 3550.827
=28.36 %

* 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.


Mitsubishi Estate Co  (STU:MES) 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

Mitsubishi Estate Co had a gross margin of 28.36% for the quarter that ended in Mar. 2024 => Competition eroding margins


Mitsubishi Estate Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Mitsubishi Estate Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsubishi Estate Co (STU:MES) Business Description

Traded in Other Exchanges
Address
Otemachi 1-chome, Otemachi Park Building, 1-1, Chiyoda-ku, Tokyo, JPN, 100-8133
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.

Mitsubishi Estate Co (STU:MES) Headlines

No Headlines