Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 84.11% is in line with its 5-year average of 81.95%, around the middle of its 5-year range (79.65%–91.37%).
0.33% below its 12-month average of 84.39%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
84.11%
GROSS MARGIN AVG TTM
84.39%
GROSS MARGIN AVG 3Y
82.55%
GROSS MARGIN AVG 5Y
81.95%
GROSS MARGIN AVG 10Y
81.90%
GROSS MARGIN AVG 15Y
81.65%
GROSS MARGIN AVG 20Y
83.49%
CURRENT VS TTM AVG
-0.33%
CURRENT VS 3Y AVG
+1.89%
CURRENT VS 5Y AVG
+2.63%
CURRENT VS 10Y AVG
+2.70%
CURRENT VS 15Y AVG
+3.02%
CURRENT VS 20Y AVG
+0.75%
SECTOR MEDIAN · REAL ESTATE
38.82%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+116.67%
vs the sector median at left
Simon Property Group, Inc.
Market Cap
$66.33B
Gross Margin
84.11%
TTM Avg
84.39%
3Y Avg
82.55%
5Y Avg
81.95%
Market Cap
$69.96B
Gross Margin
55.39%
TTM Avg
55.02%
3Y Avg
54.90%
5Y Avg
56.77%
Market Cap
$56.05B
Gross Margin
89.80%
TTM Avg
91.32%
3Y Avg
92.03%
5Y Avg
92.56%
Market Cap
$81.74B
Gross Margin
73.19%
TTM Avg
74.13%
3Y Avg
74.01%
5Y Avg
73.28%
Market Cap
$34.28B
Gross Margin
25.69%
TTM Avg
40.92%
3Y Avg
48.98%
5Y Avg
51.92%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Simon Property Group, Inc. (SPG) | $66.33B | 84.11% | 84.39% | 82.55% | 81.95% |
| Digital Realty Trust, Inc. (DLR)vs › | $69.96B | 55.39% | 55.02% | 54.90% | 56.77% |
| Realty Income Corporation (O)vs › | $56.05B | 89.80% | 91.32% | 92.03% | 92.56% |
| Public Storage (PSA)vs › | $54.94B | 24.96% | 49.08% | 61.90% | 65.14% |
| American Tower Corporation (AMT)vs › | $81.74B | 73.19% | 74.13% | 74.01% | 73.28% |
| Ventas, Inc. (VTR)vs › | $43.44B | -2.58% | 18.35% | 31.12% | 36.46% |
| CBRE Group, Inc. (CBRE)vs › | $40.48B | 17.66% | 17.30% | 18.95% | 19.71% |
| Iron Mountain Incorporated (IRM)vs › | $34.28B | 25.69% | 40.92% | 48.98% | 51.92% |
| Crown Castle Inc. (CCI)vs › | $32.85B | 63.19% | 68.97% | 70.00% | 69.14% |
| Equinix, Inc. (EQIX)vs › | $102.92B | 51.60% | 50.13% | 49.24% | 48.90% |
Gross Margin
84.1%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 81.23% |
| 2026-03-31 | 80.26% |
| 2025-12-31 | 91.37% |
| 2025-09-30 | 83.44% |
| 2025-06-30 | 85.65% |
| 2025-03-31 | 81.37% |
| 2024-12-31 | 82.82% |
| 2024-09-30 | 82.57% |
| 2024-06-30 | 84.37% |
| 2024-03-31 | 81.90% |
| 2023-12-31 | 83.27% |
| 2023-09-30 | 80.53% |
| 2023-06-30 | 83.20% |
| 2023-03-31 | 81.86% |
| 2022-12-31 | 80.97% |
| 2022-09-30 | 80.82% |
| 2022-06-30 | 80.90% |
| 2022-03-31 | 81.66% |
| 2021-12-31 | 79.65% |
| 2021-09-30 | 80.92% |
| 2021-06-30 | 81.68% |
| 2021-03-31 | 81.94% |
| 2020-12-31 | 80.99% |
| 2020-09-30 | 79.02% |
| 2020-06-30 | 80.99% |
| 2020-03-31 | 81.70% |
| 2019-12-31 | 82.60% |
| 2019-09-30 | 81.38% |
| 2019-06-30 | 82.54% |
| 2019-03-31 | 82.45% |
| 2018-12-31 | 82.61% |
| 2018-09-30 | 81.34% |
| 2018-06-30 | 82.92% |
| 2018-03-31 | 81.69% |
| 2017-12-31 | 82.83% |
| 2017-09-30 | 81.75% |
| 2017-06-30 | 82.19% |
| 2017-03-31 | 82.44% |
| 2016-12-31 | 82.99% |
| 2016-09-30 | 81.21% |
| 2016-06-30 | 82.13% |
| 2016-03-31 | 82.15% |
| 2015-12-31 | 82.35% |
| 2015-09-30 | 80.98% |
| 2015-06-30 | 83.03% |
| 2015-03-31 | 80.56% |
| 2014-12-31 | 82.69% |
| 2014-09-30 | 81.73% |
| 2014-06-30 | 81.92% |
| 2014-03-31 | 81.07% |
| 2013-12-31 | 80.94% |
| 2013-09-30 | 81.28% |
| 2013-06-30 | 81.14% |
| 2013-03-31 | 79.48% |
| 2012-12-31 | 51.50% |
| 2012-09-30 | 78.46% |
| 2012-06-30 | 79.00% |
| 2012-03-31 | 79.53% |
| 2011-12-31 | 90.99% |
| 2011-09-30 | 88.60% |
| 2011-06-30 | 89.53% |
| 2011-03-31 | 90.24% |
| 2010-12-31 | 91.19% |
| 2010-09-30 | 88.19% |
| 2010-06-30 | 89.16% |
| 2010-03-31 | 89.32% |
| 2009-12-31 | 90.38% |
| 2009-09-30 | 87.69% |
| 2009-06-30 | 88.18% |
| 2009-03-31 | 88.44% |
| 2008-12-31 | 89.93% |
| 2008-09-30 | 86.37% |
| 2008-06-30 | 87.87% |
| 2008-03-31 | 87.41% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 86.58% |
| 2007-06-30 | 86.90% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |