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CBL & Associates Properties (CBL & Associates Properties) Gross Profit : $389.5 Mil (TTM As of Dec. 2023)


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What is CBL & Associates Properties Gross Profit?

CBL & Associates Properties's gross profit for the three months ended in Dec. 2023 was $105.7 Mil. CBL & Associates Properties's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $389.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CBL & Associates Properties's gross profit for the three months ended in Dec. 2023 was $105.7 Mil. CBL & Associates Properties's Revenue for the three months ended in Dec. 2023 was $139.7 Mil. Therefore, CBL & Associates Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 75.67%.

CBL & Associates Properties had a gross margin of 75.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of CBL & Associates Properties was 76.02%. The lowest was 72.76%. And the median was 73.40%.


CBL & Associates Properties Gross Profit Historical Data

The historical data trend for CBL & Associates Properties'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.

CBL & Associates Properties Gross Profit Chart

CBL & Associates Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
584.33 422.11 - 413.77 389.48

CBL & Associates Properties Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 111.98 96.96 93.88 92.94 105.71

Competitive Comparison of CBL & Associates Properties's Gross Profit

For the REIT - Retail subindustry, CBL & Associates Properties'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.


CBL & Associates Properties's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CBL & Associates Properties's Gross Profit distribution charts can be found below:

* The bar in red indicates where CBL & Associates Properties's Gross Profit falls into.



CBL & Associates Properties Gross Profit Calculation

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

CBL & Associates Properties's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=535.286 - 145.803
=389.5

CBL & Associates Properties's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=139.709 - 33.998
=105.7

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $389.5 Mil.

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

CBL & Associates 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=105.7 / 139.709
=75.67 %

* 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.


CBL & Associates Properties  (NYSE:CBL) 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

CBL & Associates Properties had a gross margin of 75.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage


CBL & Associates Properties Gross Profit Related Terms

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CBL & Associates Properties (CBL & Associates Properties) Business Description

Traded in Other Exchanges
Address
2030 Hamilton Place Boulevard, Suite 500, Chattanooga, TN, USA, 37421
CBL & Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. . CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
Executives
Andrew Franklin Cobb officer: Exec VP-Accounting 1563 QUIET POND DR, CHATTANOOGA TN 37415
Benjamin W Jaenicke officer: Exec VP - Finance 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Michael A Torres director MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Joseph Khalili officer: EVP Financial Planning & Anlys 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Jennifer Cope officer: EVP Ops Services & Risk Mgmt 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
David J Contis director 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Jeffery V. Curry officer: Interim Chief Legal Officer 4019 BREAKWATER DR, HIXON TN 37343
Charles B Lebovitz director, 10 percent owner, officer: Chairman and CEO CBL & ASSOCIATES PROPERTIES INC, ONE PARK PLACE 6148 LEE HWY, CHATTANOOGA TN 37421
Strategic Value Partners, Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Strategic Value Special Situations Offshore Fund V, L.p. 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Jonathan M Heller director, other: Member of 10% owner group CANYON PARTNERS, LLC, 1370 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10019
Jeffrey Kivitz director 39 BOLAND ROAD, SHARON CT 06069
Marjorie L. Bowen director 225 6TH STREET, MANHATTAN BEACH CA 90266
Strategic Value Special Situations Master Fund Iv, L.p. 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iv Llc 10 percent owner C/O STRATEGIC VALUE PARTNERS, LLC, 100 WEST PUTNAM AVENUE, GREENWICH CT 06830