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Bluerock Homes Trust (Bluerock Homes Trust) Gross Margin % : 23.01% (As of Dec. 2023)


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What is Bluerock Homes Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bluerock Homes Trust's Gross Profit for the three months ended in Dec. 2023 was $2.42 Mil. Bluerock Homes Trust's Revenue for the three months ended in Dec. 2023 was $10.50 Mil. Therefore, Bluerock Homes Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 23.01%.


The historical rank and industry rank for Bluerock Homes Trust's Gross Margin % or its related term are showing as below:

BHM' s Gross Margin % Range Over the Past 10 Years
Min: 23.34   Med: 56.63   Max: 86.84
Current: 32.79

During the past 4 years, the highest Gross Margin % of Bluerock Homes Trust was 86.84%. The lowest was 23.34%. And the median was 56.63%.

BHM's Gross Margin % is ranked worse than
93.47% of 628 companies
in the REITs industry
Industry Median: 68.83 vs BHM: 32.79

Bluerock Homes Trust had a gross margin of 23.01% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bluerock Homes Trust was 0.00% per year.

Bluerock Homes Trust Gross Margin % Historical Data

The historical data trend for Bluerock Homes Trust's Gross 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.

Bluerock Homes Trust Gross Margin % Chart

Bluerock Homes Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
86.84 74.16 39.10 23.34

Bluerock Homes Trust Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.88 44.29 44.63 19.47 23.01

Competitive Comparison of Bluerock Homes Trust's Gross Margin %

For the REIT - Residential subindustry, Bluerock Homes Trust's Gross Margin %, along with its competitors' market caps and Gross 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.

Bluerock Homes Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bluerock Homes Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bluerock Homes Trust's Gross Margin % falls into.


Bluerock Homes Trust Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Bluerock Homes Trust's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=9.6 / 41.093
=(Revenue - Cost of Goods Sold) / Revenue
=(41.093 - 31.502) / 41.093
=23.34 %

Bluerock Homes Trust'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 )
=2.4 / 10.502
=(Revenue - Cost of Goods Sold) / Revenue
=(10.502 - 8.086) / 10.502
=23.01 %

* 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.

Bluerock Homes Trust  (AMEX:BHM) Gross Margin % 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

Bluerock Homes Trust had a gross margin of 23.01% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Bluerock Homes Trust Gross Margin % Related Terms

Thank you for viewing the detailed overview of Bluerock Homes Trust's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bluerock Homes Trust (Bluerock Homes Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bluerock Homes Trust Inc (AMEX:BHM) » Definitions » Gross Margin %
Comparable Companies
CLPR FREVS AVB EQR INVH SUI MAA ESS ELS AMH UDR CPT TSX:CAR.UN AIRC TSE:3269 IRT TSX:BEI.UN TSE:8986 TSE:3278 XPAR:ALTA
Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Website
https://bluerock.com/bluerock-homes-trust/
Bluerock Homes Trust Inc owns and operates single-family properties that generate rental and other property-related income through the leasing of units to a diverse base of tenants. The properties are located in Sunbelt and the Western United States.
Executives
Christopher J. Vohs officer: CFO and Treasurer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Par Olof Sanda 10 percent owner 624 RIVIERA ISLE DRIVE, FORT LAUDERDALE FL 33301
Sand Capital Associates Llc 10 percent owner 501 N BIRCH RD, UNIT 3, FORT LAUDERDALE FL 33304
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Strategy Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ryan S Macdonald officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Ramin Kamfar officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Jordan B. Ruddy director, officer: President 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Bluerock Residential Growth Reit, Inc. 10 percent owner 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Jason Emala officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105