Financial Metrics
What is GOP or gross operating profit?
GOP (Gross Operating Profit) is operating revenue minus the costs of running the operation — cleaning, supplies, laundry, platform commissions — before subtracting the property's fixed costs such as rent, taxes, or depreciation.
It measures how well the operation itself is managed, without mixing it with the building's ownership structure. It is the indicator used to evaluate an operator's performance.
Example: the operator's incentive fee is calculated as 7% of GOP. In July 2026 that fee was $91,956 COP, implying a GOP of roughly $1.3 million for the period.