Granite Real Estate Investment Trust (GRT.UN.TO)
68.68
-0.56
(-0.81%)
CAD |
TSX |
Apr 25, 16:00
Granite Real Estate Investment Trust Gross Profit Margin (Quarterly): 84.76% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 84.76% |
| September 30, 2023 | 83.04% |
| June 30, 2023 | 83.30% |
| March 31, 2023 | 82.90% |
| December 31, 2022 | 81.53% |
| September 30, 2022 | 84.17% |
| June 30, 2022 | 84.56% |
| March 31, 2022 | 83.97% |
| December 31, 2021 | 81.94% |
| September 30, 2021 | 85.99% |
| June 30, 2021 | 85.49% |
| March 31, 2021 | 85.00% |
| December 31, 2020 | 83.12% |
| September 30, 2020 | 87.01% |
| June 30, 2020 | 87.85% |
| March 31, 2020 | 86.97% |
| December 31, 2019 | 86.87% |
| September 30, 2019 | 87.39% |
| June 30, 2019 | 87.04% |
| March 31, 2019 | 87.02% |
| December 31, 2018 | 87.48% |
| September 30, 2018 | 87.25% |
| June 30, 2018 | 88.04% |
| March 31, 2018 | 87.22% |
| December 31, 2017 | 87.02% |
| Date | Value |
|---|---|
| September 30, 2017 | 87.59% |
| June 30, 2017 | 87.10% |
| March 31, 2017 | 87.05% |
| December 31, 2016 | 96.41% |
| September 30, 2016 | 96.45% |
| June 30, 2016 | 97.08% |
| March 31, 2016 | 96.38% |
| December 31, 2015 | 96.57% |
| September 30, 2015 | 96.62% |
| June 30, 2015 | 97.04% |
| March 31, 2015 | 96.72% |
| December 31, 2014 | 96.89% |
| September 30, 2014 | 97.25% |
| June 30, 2014 | 95.89% |
| March 31, 2014 | 96.73% |
| December 31, 2013 | 96.67% |
| September 30, 2013 | 96.93% |
| June 30, 2013 | 97.15% |
| March 31, 2013 | 97.78% |
| December 31, 2012 | 94.71% |
| September 30, 2012 | 98.23% |
| June 30, 2012 | 97.00% |
| March 31, 2012 | 97.75% |
| December 31, 2011 | 98.74% |
| September 30, 2011 | 98.05% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
81.53%
Minimum
Dec 2022
87.85%
Maximum
Jun 2020
84.89%
Average
84.76%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
| SmartCentres Real Estate Investment Trust | 60.87% |
| Minto Apartment REIT | 64.62% |
| Boardwalk Real Estate Investment Trust | 61.45% |
| PRO Real Estate Investment Trust | 58.15% |
| European Residential REIT | 78.91% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 2.53% |
| Return on Assets | 1.49% |
| Return on Invested Capital | 1.62% |
| Profit Margin (Quarterly) | 24.12% |
| Operating Margin (Quarterly) | 77.22% |
| Return on Net Operating Assets | 458.1% |