New England Realty Associates Limited Partnership (NEN) Gross Margin (2010 - 2023)
New England Realty Associates Limited Partnership's (NEN) quarterly Gross Margin came in at 91.51% in Q3 2023, down 23.0% YoY from 118.84% in Q3 2022, and up 1.12% on a QoQ basis from 90.49% in Q2 2023.
New England Realty Associates Limited Partnership (NEN) Gross Margin (2010 - 2023) Analysis & Trends
New England Realty Associates Limited Partnership (NEN) has 14 years of Gross Margin data on file, last reported at 91.51% in Q3 2023.
- Quarterly Gross Margin fell 23.0% year-over-year to 91.51% in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 89.54% (up 46.0% YoY) and the FY2022 annual result came in at 899.19%, down 98886.0% from the prior year.
- Gross Margin improved to 91.51% in Q3 2023, from 90.49% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 92.67% in Q3 2019 to a low of 83.86% in Q1 2022.
- A 5-year average of 89.92% and a median of 90.49% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2020 — Gross Margin jumped 247 bps — and 2021, when it tumbled 337 bps.
- Tracing NEN's Gross Margin over 5 years: stood at 89.9% in 2019, then fell by 1 bps to 89.36% in 2020, then gained by 0 bps to 89.61% in 2021, then increased by 1 bps to 90.31% in 2022, then gained by 1 bps to 91.51% in 2023.
- The last three Gross Margin figures came in at 91.51% (Q3 2023), 90.49% (Q2 2023), and 85.68% (Q1 2023), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 91.51% |
| Jun 30, 2023 | 90.49% |
| Mar 31, 2023 | 85.68% |
| Dec 31, 2022 | 90.31% |
| Sep 30, 2022 | 91.74% |
| Jun 30, 2022 | 91.01% |
| Mar 31, 2022 | 83.86% |
| Dec 31, 2021 | 89.61% |
| Sep 30, 2021 | 91.61% |
| Jun 30, 2021 | 90.89% |
| Mar 31, 2021 | 86.44% |
| Dec 31, 2020 | 89.36% |
| Sep 30, 2020 | 91.89% |
| Jun 30, 2020 | 91.80% |
| Mar 31, 2020 | 89.81% |
| Dec 31, 2019 | 89.90% |
| Sep 30, 2019 | 92.67% |
| Jun 30, 2019 | 92.49% |
| Mar 31, 2019 | 87.34% |
| Dec 31, 2018 | 90.82% |