W.P. Carey's gross profit for the
three
months ended in Dec. 2023 was $360 Mil. W.P. Carey's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,519 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. W.P. Carey's gross profit for the
three
months ended in Dec. 2023 was $360 Mil. W.P. Carey's Revenue for the
three
months ended in Dec. 2023 was $412 Mil. Therefore, W.P. Carey's Gross Margin % for the quarter that ended in Dec. 2023 was 87.23%.
W.P. Carey had a gross margin of 87.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of W.P. Carey was 90.67%. The lowest was 76.38%. And the median was 87.56%.
W.P. Carey Gross Profit Historical Data
The historical data trend for W.P. Carey'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.
Competitive Comparison of W.P. Carey's Gross Profit
For the REIT - Diversified subindustry, W.P. Carey'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.
W.P. Carey's Gross Profit Distribution in the REITs Industry
For the REITs industry and Real Estate sector, W.P. Carey's Gross Profit distribution charts can be found below:
* The bar in red indicates where W.P. Carey's Gross Profit falls into.
W.P. Carey Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
W.P. Carey's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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 $1,519 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
W.P. Carey (NYSE:WPC) 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
W.P. Carey had a gross margin of 87.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage
W.P. Carey Gross Profit Related Terms
Thank you for viewing the detailed overview of W.P. Carey's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is primarily comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. most of the company's revenue comes from properties in the USA. The company's Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs.
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