Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 99.33% is in line with its 5-year average of 99.28%, near the high end of its 5-year range (96.66%–99.36%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.00% above its 12-month average of 99.33%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 99.30%.
GROSS MARGIN
99.33%
GROSS MARGIN AVG TTM
99.33%
GROSS MARGIN AVG 3Y
99.31%
GROSS MARGIN AVG 5Y
99.28%
GROSS MARGIN AVG 10Y
97.25%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.00%
CURRENT VS 3Y AVG
+0.02%
CURRENT VS 5Y AVG
+0.05%
CURRENT VS 10Y AVG
+2.14%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
38.00%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+161.39%
vs the sector median at left
VICI Properties Inc.
Market Cap
$27.31B
Gross Margin
99.33%
TTM Avg
99.33%
3Y Avg
99.31%
5Y Avg
99.28%
Market Cap
$28.94B
Gross Margin
23.00%
TTM Avg
52.37%
3Y Avg
65.12%
5Y Avg
68.48%
Market Cap
$23.87B
Gross Margin
45.96%
TTM Avg
54.80%
3Y Avg
59.31%
5Y Avg
60.52%
Market Cap
$34.41B
Gross Margin
25.69%
TTM Avg
40.92%
3Y Avg
48.98%
5Y Avg
51.92%
Market Cap
$19.67B
Gross Margin
41.61%
TTM Avg
59.46%
3Y Avg
67.28%
5Y Avg
70.11%
Market Cap
$17.52B
Gross Margin
69.38%
TTM Avg
68.44%
3Y Avg
68.51%
5Y Avg
73.96%
Market Cap
$16.40B
Gross Margin
3.69%
TTM Avg
31.36%
3Y Avg
45.88%
5Y Avg
50.67%
Market Cap
$15.92B
Gross Margin
13.24%
TTM Avg
12.95%
3Y Avg
20.84%
5Y Avg
25.20%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| VICI Properties Inc. (VICI) | $27.31B | 99.33% | 99.33% | 99.31% | 99.28% |
| Extra Space Storage Inc. (EXR)vs › | $28.94B | 23.00% | 52.37% | 65.12% | 68.48% |
| Equity Residential (EQR)vs › | $23.87B | 45.96% | 54.80% | 59.31% | 60.52% |
| Crown Castle Inc. (CCI)vs › | $33.08B | 63.19% | 68.97% | 70.00% | 69.14% |
| Iron Mountain Incorporated (IRM)vs › | $34.41B | 25.69% | 40.92% | 48.98% | 51.92% |
| SBA Communications Corporation (SBAC)vs › | $19.67B | 41.61% | 59.46% | 67.28% | 70.11% |
| Essex Property Trust, Inc. (ESS)vs › | $17.52B | 69.38% | 68.44% | 68.51% | 73.96% |
| Invitation Homes Inc. (INVH)vs › | $16.40B | 3.69% | 31.36% | 45.88% | 50.67% |
| Weyerhaeuser Company (WY)vs › | $15.92B | 13.24% | 12.95% | 20.84% | 25.20% |
| Kimco Realty Corporation (KIM)vs › | $15.74B | 54.85% | 61.68% | 65.35% | 66.39% |
Gross Margin
99.3%
(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 | 99.30% |
| 2026-03-31 | 99.36% |
| 2025-12-31 | 99.31% |
| 2025-09-30 | 99.33% |
| 2025-06-30 | 99.34% |
| 2025-03-31 | 99.35% |
| 2024-12-31 | 99.31% |
| 2024-09-30 | 99.29% |
| 2024-06-30 | 99.29% |
| 2024-03-31 | 99.32% |
| 2023-12-31 | 99.12% |
| 2023-09-30 | 99.30% |
| 2023-06-30 | 99.27% |
| 2023-03-31 | 99.32% |
| 2022-12-31 | 99.19% |
| 2022-09-30 | 99.31% |
| 2022-06-30 | 99.12% |
| 2022-03-31 | 98.73% |
| 2021-12-31 | 96.66% |
| 2021-09-30 | 98.63% |
| 2021-06-30 | 98.61% |
| 2021-03-31 | 98.80% |
| 2020-12-31 | 96.91% |
| 2020-09-30 | 96.49% |
| 2020-06-30 | 98.11% |
| 2020-03-31 | 98.01% |
| 2019-12-31 | 98.09% |
| 2019-09-30 | 97.56% |
| 2019-06-30 | 97.80% |
| 2019-03-31 | 98.09% |
| 2018-12-31 | 89.05% |
| 2018-09-30 | 87.26% |
| 2018-06-30 | 89.39% |
| 2018-03-31 | 90.22% |
| 2017-12-31 | 87.38% |
| 2017-09-30 | 26.67% |
| 2017-06-30 | 25.41% |
| 2017-03-31 | 29.25% |
| 2016-12-31 | 25.79% |
| 2016-09-30 | 28.86% |
| 2016-06-30 | 26.33% |
| 2016-03-31 | 26.71% |
