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Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Net Margin % : 89.27% (As of Mar. 2024)


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What is Automotive Properties Real Estate Investment Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Automotive Properties Real Estate Investment Trust's Net Income for the three months ended in Mar. 2024 was $15.44 Mil. Automotive Properties Real Estate Investment Trust's Revenue for the three months ended in Mar. 2024 was $17.30 Mil. Therefore, Automotive Properties Real Estate Investment Trust's net margin for the quarter that ended in Mar. 2024 was 89.27%.

The historical rank and industry rank for Automotive Properties Real Estate Investment Trust's Net Margin % or its related term are showing as below:

APPTF' s Net Margin % Range Over the Past 10 Years
Min: -15.72   Med: 62.79   Max: 132.52
Current: 59.05


APPTF's Net Margin % is ranked better than
71.43% of 791 companies
in the REITs industry
Industry Median: 31.99 vs APPTF: 59.05

Automotive Properties Real Estate Investment Trust Net Margin % Historical Data

The historical data trend for Automotive Properties Real Estate Investment Trust's Net 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.

Automotive Properties Real Estate Investment Trust Net Margin % Chart

Automotive Properties Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only -6.66 35.89 109.21 100.61 55.14

Automotive Properties Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 74.17 91.07 121.20 -65.26 89.27

Competitive Comparison of Automotive Properties Real Estate Investment Trust's Net Margin %

For the REIT - Specialty subindustry, Automotive Properties Real Estate Investment Trust's Net Margin %, along with its competitors' market caps and Net 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.


Automotive Properties Real Estate Investment Trust's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Automotive Properties Real Estate Investment Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Automotive Properties Real Estate Investment Trust's Net Margin % falls into.



Automotive Properties Real Estate Investment Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Automotive Properties Real Estate Investment Trust's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=38.008/68.936
=55.14 %

Automotive Properties Real Estate Investment Trust's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=15.441/17.297
=89.27 %

* 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.


Automotive Properties Real Estate Investment Trust  (OTCPK:APPTF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Automotive Properties Real Estate Investment Trust Net Margin % Related Terms

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Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
133 King Street East, Suite 300, Toronto, ON, CAN, M5C 1G6
Automotive Properties Real Estate Investment Trust is an unincorporated open-ended real estate investment trust focused on investing in high-quality Canadian automotive properties tenanted by automotive dealership groups and automotive brands ranging from mass-market to ultra-luxury. The company holds a portfolio of best-in-class properties located in strategic Canadian urban markets across Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and Quebec. The primary objectives of the REIT are to provide Unitholders with stable, sustainable and growing cash distributions, and to enhance and expand the REIT's asset portfolio in order to maximize Unitholder value.

Automotive Properties Real Estate Investment Trust (Automotive Properties Real Estate Investment Trust) Headlines

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