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Strawberry Fields REIT (Strawberry Fields REIT) Gross Margin % : 85.96% (As of Mar. 2024)


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What is Strawberry Fields REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Strawberry Fields REIT's Gross Profit for the three months ended in Mar. 2024 was $23.9 Mil. Strawberry Fields REIT's Revenue for the three months ended in Mar. 2024 was $27.8 Mil. Therefore, Strawberry Fields REIT's Gross Margin % for the quarter that ended in Mar. 2024 was 85.96%.


The historical rank and industry rank for Strawberry Fields REIT's Gross Margin % or its related term are showing as below:

STRW' s Gross Margin % Range Over the Past 10 Years
Min: 84.95   Med: 86.95   Max: 87.7
Current: 85.42


During the past 5 years, the highest Gross Margin % of Strawberry Fields REIT was 87.70%. The lowest was 84.95%. And the median was 86.95%.

STRW's Gross Margin % is ranked better than
79.87% of 636 companies
in the REITs industry
Industry Median: 68.57 vs STRW: 85.42

Strawberry Fields REIT had a gross margin of 85.96% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Strawberry Fields REIT was 0.00% per year.


Strawberry Fields REIT Gross Margin % Historical Data

The historical data trend for Strawberry Fields REIT'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.

Strawberry Fields REIT Gross Margin % Chart

Strawberry Fields REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
87.00 87.70 86.95 85.24 84.95

Strawberry Fields REIT Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 84.11 84.15 85.01 86.47 85.96

Competitive Comparison of Strawberry Fields REIT's Gross Margin %

For the REIT - Healthcare Facilities subindustry, Strawberry Fields REIT'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.


Strawberry Fields REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Strawberry Fields REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Strawberry Fields REIT's Gross Margin % falls into.



Strawberry Fields REIT Gross Margin % Calculation

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

Strawberry Fields REIT'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 )
=84.8 / 99.805
=(Revenue - Cost of Goods Sold) / Revenue
=(99.805 - 15.018) / 99.805
=84.95 %

Strawberry Fields REIT's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=23.9 / 27.834
=(Revenue - Cost of Goods Sold) / Revenue
=(27.834 - 3.907) / 27.834
=85.96 %

* 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.


Strawberry Fields REIT  (AMEX:STRW) 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

Strawberry Fields REIT had a gross margin of 85.96% 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.


Strawberry Fields REIT Gross Margin % Related Terms

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Strawberry Fields REIT (Strawberry Fields REIT) Business Description

Traded in Other Exchanges
N/A
Address
6101 Nimtz Parkway, South Bend, IN, USA, 46628
Strawberry Fields REIT Inc is a self-managed and self-administered company that specializes in the acquisition, ownership and triple-net leasing of skilled nursing facilities and other post-acute healthcare properties.
Executives
Jack Levine director C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Moishe Gubin officer: CEO 2929 E. COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Eingal Nahman officer: CFO 5683 N LINCOLN AVE, CHICAGO IL 60659