Whitestone REIT (WSR) Gross Margin (2018 - 2022)
Whitestone REIT's Gross Margin came in at 38.31% for Q1 2022, up 12.41 percentage points from 25.89% a year earlier and up 12.11 percentage points from the prior quarter.
Whitestone REIT (WSR) Gross Margin (2018 - 2022) Analysis & Trends
Over the trailing twelve months to Mar 31, 2022, Whitestone REIT reported Gross Margin of 30.68%, up 5.87 percentage points year-over-year; for FY2021, it was 27.49%, up 2.28 percentage points from FY2020.
- Gross Margin carries a five-year change of -39.86 percentage points (FY2016 to FY2021).
- Going back by year, Gross Margin was 25.21% in FY2020 (-3.25 pp), 28.47% in FY2019 (+0.54 pp), 27.93% in FY2018 (+2.00 pp) and 25.93% in FY2017 (-41.43 pp).
- The Q1 2022 figure represents the highest quarterly Gross Margin in data going back to Q1 2018.
- Year-over-year, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +1.32 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2022 (a gain of 12.41 percentage points), and the weakest in Q4 2020 (a drop of 4.54 percentage points).
- Business Quant data shows WSR's Gross Margin at 26.20% (Q4 2021), 27.91% (Q3 2021) and 29.98% (Q2 2021) in the three quarters before Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 39.34% |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | - |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | - |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | - |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | - |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | - |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 73.49% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 99.30% |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | - |
| 10 | Whitestone REIT | 975.97 Mn | 981.82 Mn | - | - |
Historic 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% |
Whitestone REIT Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WSR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WSR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WSR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();