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

New England Realty Associates Limited Partnership (NEN) has disclosed Gross Margin for 14 consecutive years, with 91.51% as the latest value for Q3 2023.

  • For the quarter ending Q3 2023, Gross Margin fell 23.0% year-over-year to 91.51%, compared with a TTM value of 89.54% through Sep 2023, up 46.0%, and an annual FY2022 reading of 899.19%, down 98886.0% over 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.
  • Average Gross Margin over 5 years is 89.92%, with a median of 90.49% recorded in 2023.
  • The sharpest move saw Gross Margin surged 247bps in 2020, then tumbled -337bps in 2021.
  • Year by year, Gross Margin stood at 89.9% in 2019, then dropped by -1bps to 89.36% in 2020, then rose by 0bps to 89.61% in 2021, then rose by 1bps to 90.31% in 2022, then increased by 1bps to 91.51% in 2023.
  • Business Quant data shows Gross Margin for NEN at 91.51% in Q3 2023, 90.49% in Q2 2023, and 85.68% in Q1 2023.