Whitestone REIT (WSR) Gross Margin (2018 - 2022)
Whitestone REIT's (WSR) quarterly Gross Margin came in at 38.31% in Q1 2022, up 1241.0% YoY from 2.86% in Q1 2021, and up 46.21% on a QoQ basis from 26.2% in Q4 2021.
Whitestone REIT (WSR) Gross Margin (2018 - 2022) Analysis & Trends
Whitestone REIT (WSR) has 5 years of Gross Margin data on file, last reported at 38.31% in Q1 2022.
- Quarterly Gross Margin rose 1241.0% year-over-year to 38.31% in Q1 2022, while the trailing twelve-month figure through Mar 2022 was 30.68% (up 587.0% YoY) and the FY2021 annual result came in at 27.49%, up 228.0% from the prior year.
- Gross Margin improved to 38.31% in Q1 2022, from 26.2% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 38.31% in Q1 2022 to a low of 23.39% in Q4 2020.
- A 5-year average of 27.92% and a median of 27.4% in 2020 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2020 — Gross Margin slumped 454 bps — and 2022, when it soared 1241 bps.
- Tracing WSR's Gross Margin over 5 years: stood at 27.18% in 2018, then climbed by 3 bps to 27.93% in 2019, then retreated by 16 bps to 23.39% in 2020, then rose by 12 bps to 26.2% in 2021, then soared by 46 bps to 38.31% in 2022.
- The last three Gross Margin figures came in at 38.31% (Q1 2022), 26.2% (Q4 2021), and 27.91% (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 71.16 Bn | 71.16 Bn | 1.76 Bn | 98.03% |
| 2 | Realty Income | 58.31 Bn | 58.31 Bn | - | - |
| 3 | Kimco Realty | 16.12 Bn | 16.12 Bn | 455.67 Mn | 82.73% |
| 4 | Regency Centers | 14.21 Bn | 14.21 Bn | - | - |
| 5 | Federal Realty Investment Trust | 10.05 Bn | 10.05 Bn | 271.22 Mn | 80.79% |
| 6 | Agree Realty | 8.86 Bn | 8.85 Bn | - | - |
| 7 | Nnn Reit | 8.65 Bn | 8.65 Bn | - | - |
| 8 | Macerich | 6.68 Bn | 6.68 Bn | 171.77 Mn | 68.79% |
| 9 | Essential Properties Realty Trust | 6.67 Bn | 6.67 Bn | - | - |
| 10 | Whitestone REIT | 975.97 Mn | 981.82 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 38.31% |
| Dec 31, 2021 | 26.20% |
| Sep 30, 2021 | 27.91% |
| Jun 30, 2021 | 29.98% |
| Mar 31, 2021 | 25.89% |
| Dec 31, 2020 | 23.39% |
| Sep 30, 2020 | 23.98% |
| Jun 30, 2020 | 26.10% |
| Mar 31, 2020 | 27.40% |
| Dec 31, 2019 | 27.93% |
| Sep 30, 2019 | 26.66% |
| Jun 30, 2019 | 29.81% |
| Mar 31, 2019 | 29.48% |
| Dec 31, 2018 | 27.18% |
| Sep 30, 2018 | 30.66% |
| Jun 30, 2018 | 25.72% |
| Mar 31, 2018 | 28.04% |