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 10.97% is 66% below its 3-year average of 32.54%, around the middle of its 3-year range (-34.81%–33.43%).
26.65% below its 12-month average of 14.96%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 31.23%.
GROSS MARGIN
10.97%
GROSS MARGIN AVG TTM
14.96%
GROSS MARGIN AVG 3Y
32.48%
GROSS MARGIN AVG 5Y
N/A
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-26.65%
CURRENT VS 3Y AVG
-66.23%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
31.83%
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
-65.54%
vs the sector median at left
Market Cap
$7.89B
Gross Margin
87.73%
TTM Avg
87.80%
3Y Avg
87.76%
5Y Avg
87.69%
Market Cap
$7.90B
Gross Margin
22.60%
TTM Avg
47.65%
3Y Avg
60.43%
5Y Avg
64.59%
Market Cap
$8.25B
Gross Margin
69.46%
TTM Avg
69.56%
3Y Avg
69.63%
5Y Avg
70.15%
Market Cap
$8.42B
Gross Margin
77.30%
TTM Avg
77.42%
3Y Avg
76.97%
5Y Avg
76.65%
Market Cap
$6.88B
Gross Margin
75.84%
TTM Avg
75.10%
3Y Avg
75.20%
5Y Avg
74.87%
Market Cap
$9.24B
Gross Margin
9.73%
TTM Avg
38.58%
3Y Avg
52.97%
5Y Avg
57.31%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lineage, Inc. (LINE) | $7.88B | 10.97% | 14.96% | 32.48% | N/A |
| Agree Realty Corporation (ADC)vs › | $7.89B | 87.73% | 87.80% | 87.76% | 87.69% |
| First Industrial Realty Trust, Inc. (FR)vs › | $7.90B | 22.60% | 47.65% | 60.43% | 64.59% |
| NNN REIT, Inc. (NNN)vs › | $7.78B | 38.00% | 67.14% | 81.86% | 86.54% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.25B | 69.46% | 69.56% | 69.63% | 70.15% |
| Rexford Industrial Realty, Inc. (REXR)vs › | $8.42B | 77.30% | 77.42% | 76.97% | 76.65% |
| CubeSmart (CUBE)vs › | $8.53B | 17.42% | 46.47% | 58.95% | 62.46% |
| Terreno Realty Corporation (TRNO)vs › | $6.88B | 75.84% | 75.10% | 75.20% | 74.87% |
| Federal Realty Investment Trust (FRT)vs › | $9.24B | 9.73% | 38.58% | 52.97% | 57.31% |
| Camden Property Trust (CPT)vs › | $9.65B | 61.41% | 61.30% | 61.88% | 61.30% |
Gross Margin
11.0%
(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 | 31.23% |
| 2026-03-31 | 14.19% |
| 2025-12-31 | -34.81% |
| 2025-09-30 | 32.32% |
| 2025-06-30 | 31.85% |
| 2025-03-31 | 32.20% |
| 2024-12-31 | 32.34% |
| 2024-09-30 | 32.81% |
| 2024-06-30 | 33.41% |
| 2024-03-31 | 33.43% |
| 2023-12-31 | 32.58% |
| 2023-09-30 | 32.36% |
| 2023-06-30 | 32.76% |
| 2023-03-31 | 33.23% |
