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American Residential Properties (American Residential Properties) Gross Profit : $66.6 Mil (TTM As of Sep. 2015)


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What is American Residential Properties Gross Profit?

American Residential Properties's gross profit for the three months ended in Sep. 2015 was $17.1 Mil. American Residential Properties's gross profit for the trailing twelve months (TTM) ended in Sep. 2015 was $66.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. American Residential Properties's gross profit for the three months ended in Sep. 2015 was $17.1 Mil. American Residential Properties's Revenue for the three months ended in Sep. 2015 was $32.0 Mil. Therefore, American Residential Properties's Gross Margin % for the quarter that ended in Sep. 2015 was 53.45%.

American Residential Properties had a gross margin of 53.45% for the quarter that ended in Sep. 2015 => Durable competitive advantage


American Residential Properties Gross Profit Historical Data

The historical data trend for American Residential 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.

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American Residential Properties Gross Profit Chart

American Residential Properties Annual Data
Trend Dec12 Dec13 Dec14
Gross Profit
- 23.33 50.59

American Residential Properties Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.99 14.25 16.28 18.95 17.09

Competitive Comparison of American Residential Properties's Gross Profit

For the REIT - Residential subindustry, American Residential 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.


American Residential Properties's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where American Residential Properties's Gross Profit falls into.



American Residential Properties Gross Profit Calculation

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

American Residential Properties's Gross Profit for the fiscal year that ended in Dec. 2014 is calculated as

Gross Profit (A: Dec. 2014 )=Revenue - Cost of Goods Sold
=86.864 - 36.272
=50.6

American Residential Properties's Gross Profit for the quarter that ended in Sep. 2015 is calculated as

Gross Profit (Q: Sep. 2015 )=Revenue - Cost of Goods Sold
=31.967 - 14.882
=17.1

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $66.6 Mil.

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

American Residential Properties's Gross Margin % for the quarter that ended in Sep. 2015 is calculated as

Gross Margin % (Q: Sep. 2015 )=Gross Profit (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=(Revenue - Cost of Goods Sold) / Revenue
=17.1 / 31.967
=53.45 %

* 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.


American Residential Properties  (NYSE:ARPI) 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

American Residential Properties had a gross margin of 53.45% for the quarter that ended in Sep. 2015 => Durable competitive advantage


American Residential Properties Gross Profit Related Terms

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American Residential Properties (American Residential Properties) Business Description

Traded in Other Exchanges
N/A
Address
American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.
Executives
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield director 3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham director
David M. Brain director 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes director, officer: President and COO 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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