New England Realty Associates Limited Partnership (NEN) Gross Margin (2010 - 2023)
New England Realty Associates Limited Partnership (NEN) posted Gross Margin of 91.51% for Q3 2023, up 1.12% on a QoQ basis from 90.49% in Q2 2023, and down 23.0% year-over-year from 118.84% in Q3 2022.
New England Realty Associates Limited Partnership (NEN) Gross Margin (2010 - 2023) Analysis & Trends
New England Realty Associates Limited Partnership's Gross Margin history runs 14 years deep, the most recent figure standing at 91.51% for 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 was 91.51% for Q3 2023 at New England Realty Associates Limited Partnership, up from 90.49% in the prior quarter.
- Across five years, Gross Margin topped out at 92.67% in Q3 2019 and bottomed at 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 slumped 337 bps.
- New England Realty Associates Limited Partnership's Gross Margin stood at 89.9% in 2019, then decreased by 1 bps to 89.36% in 2020, then climbed by 0 bps to 89.61% in 2021, then gained by 1 bps to 90.31% in 2022, then climbed by 1 bps to 91.51% in 2023.
- Business Quant data shows NEN's Gross Margin at 91.51% in Q3 2023, 90.49% in Q2 2023, and 85.68% in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 4,798.15 Bn | 4,797.86 Bn | - | - |
| 2 | IHS Holding | 60.96 Bn | 61.13 Bn | 231.80 | 55.80% |
| 3 | KE Holdings | 53.48 Bn | 50.59 Bn | 661.06 Mn | 24.14% |
| 4 | Cbre | 39.71 Bn | 39.92 Bn | 1.85 Bn | 17.59% |
| 5 | Jones Lang Lasalle | 14.96 Bn | 14.65 Bn | - | - |
| 6 | Costar | 11.08 Bn | 9.80 Bn | 701.00 Mn | 78.15% |
| 7 | Compass | 7.92 Bn | 7.44 Bn | 2.31 Bn | 85.28% |
| 8 | FirstService | 6.01 Bn | 6.28 Bn | 480.66 Mn | 33.17% |
| 9 | Opendoor Technologies | 3.69 Bn | 2.69 Bn | 72.00 Mn | 10.00% |
| 10 | New England Realty Associates Limited Partnership | 6.57 Mn | 6.57 Mn | - | - |
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% |