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Seritage Growth Properties (Seritage Growth Properties) Net Margin %

: 40.18% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Seritage Growth Properties's Net Income for the three months ended in Dec. 2023 was $3.68 Mil. Seritage Growth Properties's Revenue for the three months ended in Dec. 2023 was $9.17 Mil. Therefore, Seritage Growth Properties's net margin for the quarter that ended in Dec. 2023 was 40.18%.

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

SRG' s Net Margin % Range Over the Past 10 Years
Min: -745.52   Med: -34.72   Max: -20.73
Current: -745.48


SRG's Net Margin % is ranked worse than
99.5% of 797 companies
in the REITs industry
Industry Median: 32.78 vs SRG: -745.48

Seritage Growth Properties Net Margin % Historical Data

The historical data trend for Seritage Growth Properties'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.

Seritage Growth Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only -35.22 -90.15 -24.12 -69.07 -745.52

Seritage Growth Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 402.94 -9,115.59 -1,626.56 -17.87 40.18

Competitive Comparison

For the REIT - Retail subindustry, Seritage Growth Properties'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.


Seritage Growth Properties Net Margin % Distribution

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

* The bar in red indicates where Seritage Growth Properties's Net Margin % falls into.



Seritage Growth Properties 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.

Seritage Growth Properties'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 )
=-154.911/20.779
=-745.52 %

Seritage Growth Properties's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3.684/9.168
=40.18 %

* 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.


Seritage Growth Properties  (NYSE:SRG) 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.


Seritage Growth Properties Net Margin % Related Terms

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


Seritage Growth Properties (Seritage Growth Properties) Business Description

Traded in Other Exchanges
Address
500 Fifth Avenue, Suite 1530, New York, NY, USA, 10110
Seritage Growth Properties is engaged in the real property business through its investment in its operating partnership, Seritage Growth Properties, L.P. Seritage is principally engaged in the acquisition, ownership, development, redevelopment, management and leasing of diversified retail real estate throughout the United States. The company's primary objective is to create value for its shareholders through the re-leasing and redevelopment of the majority of its Wholly Owned Properties and JV Properties. It generates a majority of its revenue from tenants.
Executives
Edward S Lampert other: Trustee 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Mark Wilsmann director SERITAGE GROWTH PROPERTIES, 500 FIFTH AVENUE, STE. 1530, NEW YORK NY 10110
Mitchell A Sabshon director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Talya Nevo-hacohen director C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Adam S Metz director 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Eric Dinenberg officer: Chief Operating Officer SERITAGE GROWTH PROPERTIES, 500 FIFTH AVENUE, STE. 1530, NEW YORK NY 10110
Allison Thrush director 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Andrea Olshan director, officer: CEO and President 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Andrew Galvin officer: EVP of Investments SERITAGE GROWTH PROPERTIES, 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Amanda Lombard officer: CFO and EVP 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Brian Robert Dickman officer: CFO and EVP 411 S. OLD WOODWARD, APT. 918, BIRMINGHAM MI 48009
Kenneth T Lombard officer: EVP, Chief Operating Officer 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Benjamin Schall director, officer: CEO, President 261 BROADWAY, NO.11B, NEW YORK NY 10007
Matthew E Fernand officer: General Counsel and EVP 3333 BEVERLY ROAD, C/O SERITAGE GROWTH PROPERTIES, HOFFMAN ESTATES IL 60179
James Edwin Bry officer: See Remarks 3333 BEVERLY ROAD, C/O SERITAGE GROWTH PROPERTIES, HOFFMAN ESTATES IL 60179

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