GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » RPT Realty (NYSE:RPT) » Definitions » Gross Profit

RPT Realty (RPT Realty) Gross Profit : $143.4 Mil (TTM As of Sep. 2023)


View and export this data going back to 1988. Start your Free Trial

What is RPT Realty Gross Profit?

RPT Realty's gross profit for the three months ended in Sep. 2023 was $38.3 Mil. RPT Realty's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $143.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RPT Realty's gross profit for the three months ended in Sep. 2023 was $38.3 Mil. RPT Realty's Revenue for the three months ended in Sep. 2023 was $54.9 Mil. Therefore, RPT Realty's Gross Margin % for the quarter that ended in Sep. 2023 was 69.72%.

RPT Realty had a gross margin of 69.72% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of RPT Realty was 72.74%. The lowest was 66.64%. And the median was 70.60%.


RPT Realty Gross Profit Historical Data

The historical data trend for RPT Realty'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.

* Premium members only.

RPT Realty Gross Profit Chart

RPT Realty Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.85 162.58 127.75 145.21 150.95

RPT Realty Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Profit 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 37.75 36.49 34.71 33.98 38.27

Competitive Comparison of RPT Realty's Gross Profit

For the REIT - Retail subindustry, RPT Realty'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.


RPT Realty's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where RPT Realty's Gross Profit falls into.



RPT Realty Gross Profit Calculation

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

RPT Realty's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=217.656 - 66.706
=151.0

RPT Realty's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=54.888 - 16.619
=38.3

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $143.4 Mil.

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

RPT Realty's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=38.3 / 54.888
=69.72 %

* 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.


RPT Realty  (NYSE:RPT) 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

RPT Realty had a gross margin of 69.72% for the quarter that ended in Sep. 2023 => Durable competitive advantage


RPT Realty Gross Profit Related Terms

Thank you for viewing the detailed overview of RPT Realty's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


RPT Realty (RPT Realty) Business Description

Traded in Other Exchanges
N/A
Address
19 West 44th Street, Suite 1002, New York, NY, USA, 10036
RPT Realty is a self-managed real estate investment trust that invests in and manages retail properties. The company owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company's property portfolio consisted of 44 wholly-owned shopping centers, 13 shopping centers owned through its grocery-anchored joint venture, 48 retail properties owned through its net lease joint venture and one net lease retail property that was held for sale by the Company which together represent 15.0 million square feet of gross leasable area.
Executives
Raymond J. Merk officer: Chief Accounting Officer C/O RPT REALTY, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Heather Ohlberg officer: EXECUTIVE VICE PRESIDENT 19 W 44TH STREET, SUITE 1002, NEW YORK NY 10036
Michael Fitzmaurice officer: EVP and CFO C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY SUITE 300, FARMINGTON HILLS MI 48334
Timothy Collier officer: Executive VP-Leasing C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Laurie M Shahon director
Joanna T Lau director 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Arthur H Goldberg director 25 TIDEWAY, KIGS POINT NY 11024
David J Nettina director 1725 THE FAIRWAY, JENKINTOWN PA 19046
Richard L Federico director
Brian Harper director, officer: CEO and President C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Joel M Pashcow director 21 FIR DRIVE, GREAT NECK NY 11024
Dynavox Inc. officer: Principal Financial Officer 2100 WHARTON STREET, SUITE 400, PITTSBURGH PA 15203
Dawn Hendershot officer: Senior Vice President C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Dennis Earl Gershenson director, officer: President and CEO 31500 NORTHWESTERN HWY, SUITE 300, FARMINGTON HILLS MI 48334