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Urstadt Biddle Properties (Urstadt Biddle Properties) Gross Margin % : 65.65% (As of Apr. 2023)


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What is Urstadt Biddle Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Urstadt Biddle Properties's Gross Profit for the three months ended in Apr. 2023 was $23.0 Mil. Urstadt Biddle Properties's Revenue for the three months ended in Apr. 2023 was $35.1 Mil. Therefore, Urstadt Biddle Properties's Gross Margin % for the quarter that ended in Apr. 2023 was 65.65%.


The historical rank and industry rank for Urstadt Biddle Properties's Gross Margin % or its related term are showing as below:

UBA' s Gross Margin % Range Over the Past 10 Years
Min: 64.89   Med: 65.98   Max: 68.09
Current: 66.52


During the past 13 years, the highest Gross Margin % of Urstadt Biddle Properties was 68.09%. The lowest was 64.89%. And the median was 65.98%.

UBA's Gross Margin % is not ranked
in the REITs industry.
Industry Median: 68.91 vs UBA: 66.52

Urstadt Biddle Properties had a gross margin of 65.65% for the quarter that ended in Apr. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Urstadt Biddle Properties was -0.70% per year.


Urstadt Biddle Properties Gross Margin % Historical Data

The historical data trend for Urstadt Biddle Properties'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.

Urstadt Biddle Properties Gross Margin % Chart

Urstadt Biddle Properties Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.78 66.75 66.07 65.62 65.88

Urstadt Biddle Properties Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
Gross Margin % 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 65.74 67.62 66.39 66.36 65.65

Competitive Comparison of Urstadt Biddle Properties's Gross Margin %

For the REIT - Retail subindustry, Urstadt Biddle Properties'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.


Urstadt Biddle Properties's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Urstadt Biddle Properties's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Urstadt Biddle Properties's Gross Margin % falls into.



Urstadt Biddle Properties Gross Margin % Calculation

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

Urstadt Biddle Properties's Gross Margin for the fiscal year that ended in Oct. 2022 is calculated as

Gross Margin % (A: Oct. 2022 )=Gross Profit (A: Oct. 2022 ) / Revenue (A: Oct. 2022 )
=94.3 / 143.103
=(Revenue - Cost of Goods Sold) / Revenue
=(143.103 - 48.824) / 143.103
=65.88 %

Urstadt Biddle Properties's Gross Margin for the quarter that ended in Apr. 2023 is calculated as


Gross Margin % (Q: Apr. 2023 )=Gross Profit (Q: Apr. 2023 ) / Revenue (Q: Apr. 2023 )
=23 / 35.071
=(Revenue - Cost of Goods Sold) / Revenue
=(35.071 - 12.046) / 35.071
=65.65 %

* 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.


Urstadt Biddle Properties  (NYSE:UBA) 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

Urstadt Biddle Properties had a gross margin of 65.65% for the quarter that ended in Apr. 2023 => 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.


Urstadt Biddle Properties Gross Margin % Related Terms

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Urstadt Biddle Properties (Urstadt Biddle Properties) Business Description

Traded in Other Exchanges
N/A
Address
321 Railroad Avenue, Greenwich, CT, USA, 06830
Urstadt Biddle Properties Inc is a real estate investment trust. It is engaged in acquisition, ownership, and management of the commercial real estate. The company's business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York. The company's operating segment is one of its property, Ridgeway, located in Stamford, Connecticut, US.
Executives
Bryan O. Colley director 83 NORTH SALEM ROAD, CROSS RIVER NY 10518
Kevin J Bannon director 62 CROTON AVENUE, MOUNT KISCO NY 10549
Elinor F Urstadt 10 percent owner 6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Estate Of Urstadt, Charles J. 10 percent owner 6 BEECHWOOD ROAD, BRONXVILLE NY 10708
Stephan A Rapaglia officer: SVP and COO 8 OLD MUSKET LANE, RIDGEFIELD CT 06877
John T Hayes officer: Senior VP and CFO 321 RAILROAD AVENUE, GREENWICH CT 06830
Stephens Willis H. Jr. director 15 MT. EBO ROAD SOUTH, P.O. BOX 408, BREWSTER NY 10509
Charles J Urstadt director, 10 percent owner, officer: Chairman of Board & CEO 321 RAILROAD AVE, GREENWICH CT 06830
Miyun Sung officer: SVP and CLO 4-75 48TH AVENUE #705, LONG ISLAND CITY NY 11109
Carpenter Noble O Jr director 18 HAWTHORNE ROAD, BRONXVILLE NY 10708
Thomas D Myers officer: Co-Counsel 321 RAILROAD AVENUE, GREENWICH CT 06830
Catherine U Biddle director 53 ELMWOOD ROAD, SOUTH SALEM NY 10590
Richard Grellier director 4 EGGLESTON LANE, OLD GREENWICH CT 06870
Robert J Mueller director 321 RAILROAD AVENUE, GREENWICH CT 06830
Raymond P Argila officer: Senior Vice President 321 RAILROAD AVENUE, GREENWICH CT 06830

Urstadt Biddle Properties (Urstadt Biddle Properties) Headlines