What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Global Net Lease GNL Gross Profit

Discontinued — last reported Q3 '19

LXP Industrial TrustLXP

$69.21M-3.5%

Revenue$109.3M-17.5%

Operating income$30.9M+211%

Net income-$5.1M+97.3%

EPS (diluted)-$0.08+90.8%

Cash & equivalents$125.5M-14.7%

Total debt$40.6M-0.1%

Total equity$1.6B-18.5%

Total assets$4.2B-28.3%

Operating cash flow$39.7M-32.9%

CapEx$1.6M-83.9%

Free cash flow$38.1M-22.9%

Market cap$1.94B+8.0%

Enterprise value$1.85B+9.8%

P/S4.1×+0.9×

Gross margin89.4%—

Operating margin36%+17.3pp

Net margin-54.3%+193pp

FCF margin37.7%-1.8pp

Return on equity-14.1%-263pp

Debt / equity0×0.0×

Calculated from Global Net Lease’s reported figures.

The official record: Global Net Lease’s 10-K, filed February 26, 2021, on SEC EDGAR. View the filing →

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.