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Apartmentome REIT (Apartmentome REIT) Selling, General, & Admin. Expense : $28.7 Mil (TTM As of Mar. 2024)


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What is Apartmentome REIT Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Apartmentome REIT's selling, general, & admin. expense for the three months ended in Mar. 2024 was $10.3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $28.7 Mil.


Apartmentome REIT Selling, General, & Admin. Expense Historical Data

The historical data trend for Apartmentome REIT's Selling, General, & Admin. Expense 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.

Apartmentome REIT Selling, General, & Admin. Expense Chart

Apartmentome REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.62 46.38 18.59 24.94 25.49

Apartmentome REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense 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 7.18 6.02 5.66 6.63 10.34

Competitive Comparison of Apartmentome REIT's Selling, General, & Admin. Expense

For the REIT - Residential subindustry, Apartmentome REIT's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Apartmentome REIT's Selling, General, & Admin. Expense Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Apartmentome REIT's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Apartmentome REIT's Selling, General, & Admin. Expense falls into.



Apartmentome REIT Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 $28.7 Mil.

* 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.


Apartmentome REIT  (NYSE:AIRC) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Apartmentome REIT Selling, General, & Admin. Expense Related Terms

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Apartmentome REIT (Apartmentome REIT) Business Description

Industry
Traded in Other Exchanges
Address
4582 South Ulster Street, Suite 1700, Denver, CO, USA, 80237
Apartment Investment and Management Co. owns a portfolio of 73 apartment communities with over 25,000 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Boston, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, and Washington, D.C.
Executives
Molly Syke officer: VP & Chief Accounting Officer 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Devin Ignatius Murphy director 104 MAIN STREET, SOUTHPORT CT 06890
John D Rayis director 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Keith M Kimmel officer: President, Property Operations 4582 S ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Joshua Minix officer: Executive Vice President 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Matthew O'grady officer: SVP 4582 SOUTH ULSTER STREET, SUITE 1700, SUITE 1700, DENVER CO 80237
Paul Beldin officer: EVP & CFO 4582 S. ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Thomas N Bohjalian director C/O APARTMENT INCOME REIT CORP., 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Ann Sperling director 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Thomas L. Keltner director P.O. BOX 2030, SILVERTHORNE CO 80498
Nina A Tran director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Lisa R Cohn officer: President & General Counsel 4582 S. ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Terry Considine director, officer: CEO 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Hernandez Margarita Palau director 300 N. SAN RAFAEL AVE., PASADENA CA 91105
Kristin R. Finney-cooke director 4582 SOUTH ULSTER STREET, SUITE 1700, DENVER CO 80237

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