The historical rank and industry rank for BRT Apartments's Gross Margin % or its related term are showing as below:
BRT'
s Gross Margin % Range Over the Past 10 Years
Min: 46.64 Med: 53.57 Max: 56.67
Current: 55.34
During the past 13 years, the highestGross Margin % of BRT Apartments was 56.67%. The lowest was 46.64%. And the median was 53.57%.
BRT's Gross Margin % is ranked worse than 78.47% of 627
companies
in the REITs industry
Industry Median: 68.91
vs BRT: 55.34
BRT Apartments had a gross margin of 54.59% for the quarter that ended in Mar. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for BRT Apartments was 1.10% per year.
BRT Apartments Gross Margin % Historical Data
The historical data trend for BRT Apartments'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.
Competitive Comparison of BRT Apartments's Gross Margin %
For the REIT - Residential subindustry, BRT Apartments'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.
BRT Apartments's Gross Margin % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, BRT Apartments's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BRT Apartments's Gross Margin % falls into.
* 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.
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
BRT Apartments had a gross margin of 54.59% for the quarter that ended in Mar. 2024 => Durable competitive advantage
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.
BRT Apartments Gross Margin % Related Terms
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BRT Apartments (BRT Apartments) Business Description
BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.
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