Income Statement (TTM)
Marwest Apartment Real Estate Investment Trust Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 5 | 6 | 6 | 7 | 8 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Change (%) | 48.47 | 16.95 | 9.08 | 13.37 | 11.65 | 10.84 | 9.20 | 2.77 | 0.86 | 0.79 | 1.10 | 1.08 | 0.91 | 0.12 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Change (%) | 53.77 | 18.68 | 8.22 | 10.20 | 10.45 | 5.97 | 5.93 | 1.28 | -3.44 | -1.18 | 0.68 | 0.38 | 3.68 | 5.99 | |
| % of Revenue | 39.43 | 40.84 | 41.44 | 41.12 | 39.97 | 39.54 | 37.80 | 36.67 | 36.14 | 34.60 | 33.92 | 33.78 | 33.55 | 34.47 | 36.49 |
| Gross Operating Profit | 2 | 3 | 3 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 |
| Change (%) | 45.01 | 15.75 | 9.69 | 15.58 | 12.45 | 14.02 | 11.19 | 3.63 | 3.30 | 1.83 | 1.31 | 1.44 | -0.48 | -2.97 | |
| % of Revenue | 60.57 | 59.16 | 58.56 | 58.88 | 60.03 | 60.46 | 62.20 | 63.33 | 63.86 | 65.40 | 66.08 | 66.22 | 66.45 | 65.53 | 63.51 |
| SG&A | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Change (%) | 8.10 | 44.77 | -10.21 | 17.66 | -2.30 | -0.20 | 7.31 | 20.05 | 3.31 | 3.91 | 1.24 | -16.58 | 6.77 | 5.30 | |
| % of Revenue | 12.71 | 9.26 | 11.46 | 9.43 | 9.79 | 8.56 | 7.71 | 7.58 | 8.85 | 9.07 | 9.35 | 9.36 | 7.73 | 8.17 | 8.60 |
| R&D | |||||||||||||||
| Change (%) | |||||||||||||||
| % of Revenue | |||||||||||||||
| OpEx | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 |
| Change (%) | 42.64 | 23.50 | 4.23 | 11.59 | 7.94 | 4.87 | 6.16 | 4.49 | -2.11 | -0.12 | 0.80 | -3.30 | 4.26 | 5.86 | |
| % of Revenue | 52.14 | 50.09 | 52.90 | 50.55 | 49.76 | 48.10 | 45.51 | 44.25 | 44.99 | 43.66 | 43.27 | 43.14 | 41.27 | 42.64 | 45.08 |
| Operating Income | 2 | 2 | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 |
| Change (%) | 54.82 | 10.37 | 14.53 | 15.18 | 15.33 | 16.37 | 11.74 | 1.40 | 3.30 | 1.50 | 1.33 | 4.40 | -1.44 | -4.15 | |
| % of Revenue | 47.86 | 49.91 | 47.10 | 49.45 | 50.24 | 51.90 | 54.49 | 55.75 | 55.01 | 56.34 | 56.73 | 56.86 | 58.73 | 57.36 | 54.92 |
| Interest Expense | -1 | -1 | -2 | -2 | -2 | -2 | -3 | -3 | -3 | -3 | -3 | -3 | -3 | -3 | -3 |
| Change (%) | 52.64 | 19.89 | 20.67 | 9.10 | 15.48 | 12.96 | 6.86 | 7.23 | 1.39 | 0.84 | 0.33 | 1.34 | -0.85 | -0.34 | |
| % of Revenue | -26.26 | -26.99 | -27.67 | -30.62 | -29.46 | -30.47 | -31.06 | -30.39 | -31.71 | -31.88 | -31.89 | -31.65 | -31.73 | -31.17 | -31.03 |
| Net Income | 9 | 11 | 15 | 11 | 3 | 5 | 4 | 5 | 9 | 6 | 6 | 8 | 12 | 11 | 8 |
| Change (%) | 20.54 | 32.81 | -27.99 | -67.98 | 39.36 | -6.51 | 9.63 | 79.10 | -29.88 | -5.48 | 44.28 | 46.08 | -11.27 | -23.33 | |
| % of Revenue | 275.91 | 224.02 | 254.40 | 167.96 | 47.43 | 59.20 | 49.94 | 50.13 | 87.37 | 60.74 | 56.97 | 81.30 | 117.49 | 103.30 | 79.11 |
Source: Capital IQ
