New England Realty Associates Limited Partnership (NEN) Gross Margin (2016 - 2023)

New England Realty Associates Limited Partnership's Gross Margin history spans 14 years, with the latest figure at 91.51% for Q3 2023.

  • For Q3 2023, Gross Margin fell 23.0% year-over-year to 91.51%; the TTM value through Sep 2023 reached 89.54%, up 46.0%, while the annual FY2022 figure was 89.27%, 138737.0% up from the prior year.
  • Gross Margin reached 91.51% in Q3 2023 per NEN's latest filing, up 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.
  • Average Gross Margin over 5 years is 89.92%, with a median of 90.49% recorded in 2023.
  • Peak YoY movement for Gross Margin: surged 247bps in 2020, then tumbled -337bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 89.9% in 2019, then decreased by -1bps to 89.36% in 2020, then rose by 0bps to 89.61% in 2021, then grew by 1bps to 90.31% in 2022, then rose by 1bps to 91.51% in 2023.
  • Per Business Quant, the three most recent readings for NEN's Gross Margin are 91.51% (Q3 2023), 90.49% (Q2 2023), and 85.68% (Q1 2023).