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EPR Properties (EPR Properties) Gross Margin % : 90.77% (As of Dec. 2023)


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What is EPR Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EPR Properties's Gross Profit for the three months ended in Dec. 2023 was $145.2 Mil. EPR Properties's Revenue for the three months ended in Dec. 2023 was $159.9 Mil. Therefore, EPR Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 90.77%.


The historical rank and industry rank for EPR Properties's Gross Margin % or its related term are showing as below:

EPR' s Gross Margin % Range Over the Past 10 Years
Min: 85.55   Med: 92.41   Max: 95.35
Current: 91.29


During the past 13 years, the highest Gross Margin % of EPR Properties was 95.35%. The lowest was 85.55%. And the median was 92.41%.

EPR's Gross Margin % is ranked better than
88.49% of 634 companies
in the REITs industry
Industry Median: 68.745 vs EPR: 91.29

EPR Properties had a gross margin of 90.77% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for EPR Properties was -0.50% per year.


EPR Properties Gross Margin % Historical Data

The historical data trend for EPR Properties's Gross Margin % 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.

EPR Properties Gross Margin % Chart

EPR Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.30 85.55 88.94 90.83 91.29

EPR Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 91.51 91.27 91.42 91.66 90.77

Competitive Comparison of EPR Properties's Gross Margin %

For the REIT - Specialty subindustry, EPR Properties's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


EPR Properties's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, EPR Properties's Gross Margin % distribution charts can be found below:

* The bar in red indicates where EPR Properties's Gross Margin % falls into.



EPR Properties Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

EPR Properties's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=602.2 / 659.721
=(Revenue - Cost of Goods Sold) / Revenue
=(659.721 - 57.478) / 659.721
=91.29 %

EPR Properties'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 )
=145.2 / 159.913
=(Revenue - Cost of Goods Sold) / Revenue
=(159.913 - 14.759) / 159.913
=90.77 %

* 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.


EPR Properties  (NYSE:EPR) Gross Margin % 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

EPR Properties had a gross margin of 90.77% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


EPR Properties Gross Margin % Related Terms

Thank you for viewing the detailed overview of EPR Properties's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


EPR Properties (EPR Properties) Business Description

Address
909 Walnut Street, Suite 200, Kansas, MO, USA, 64106
EPR Properties is a real estate investment trust that leases experiential properties in the United States and Canada. The company invests in two property segments: experiential, including theaters, family entertainment centers, ski resorts, and other attractions; and education, including early childhood education centers and private school properties. New investments are determined based on value and opportunity of the respective industry, location quality, and credit quality of tenants. The majority of revenue comes from the experiential sector. Texas, Florida, New York, and California are key revenue-driving states.
Executives
Tonya L. Mater officer: VP & Chief Accounting Officer 909 WALNUT STREET, SUITE 200, KANSAS CITY MO 64106
Peter C Brown director 909 WALNUT STE 200, KANSAS CITY MO 64106
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Paul Robert Turvey officer: SVP& Associate General Counsel 22211 W 59TH STREET, SHAWNEE KS 66226
Gwendolyn Mary Johnson officer: SVP - Asset Management 7418 COTTONWOOD DRIVE, SHAWNEE KS 66216
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Caixia Ziegler director 421 W. ROSLYN PLACE, CHICAGO IL 60614
Mark Alan Peterson officer: VP of Accounting & Administrat 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Craig L. Evans officer: SVP & General Counsel 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Elizabeth Grace officer: SVP & Human Resources & Admin 909 WALNUT STREET SUITE 200, KANSAS CITY MO 64106
Robin Peppe Sterneck director 11205 BROOKWOOD AVENUE, LEAWOOD KS 66211
Newman Jack A Jr director 2300 WEST 96TH ST., LEAWOOD KS 64106
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208
Gregory E Zimmerman officer: EVP & Chief Investment Officer 909 WALNUT, SUITE 200, KANSAS CITY MO 64106