Procaccianti Hotel Reit Gross Margin Growth & History (PRXA)

Procaccianti Hotel Reit's gross margin was −13.68% for fiscal 2020.

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Procaccianti Hotel Reit annual gross margin history

Procaccianti Hotel Reit annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20202020-12-31−13.68%−31.26 pp
20192019-12-3117.58%+14.29 pp
20182018-12-313.29%

Procaccianti Hotel Reit gross margin trends

Between the periods ended 2018-12-31 and 2020-12-31, Procaccianti Hotel Reit's gross margin decreased from 3.29% to −13.68%, a change of −16.97 percentage points. The latest reported quarter, Q1 2021, shows −22.49%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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