Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Gross Margin %: 97.31% (As of Mar. 2026) — Near Median

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BKK:DREIT Dusit Thani Freehold and Leasehold REIT BKK:DREIT
80 GF Score
Price ฿4.96
GF Value ฿5.04
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Dusit Thani Freehold and Leasehold REIT Gross Margin %?

Dusit Thani Freehold and Leasehold REIT BKK:DREIT -0.40% 80 Gross Margin % is 97.31% as of Mar. 2026, which is 3% above its 10-year median of 94.64. GuruFocus rates BKK:DREIT with a GF Score™ of 80/100 and a GF Value™ of ฿5.04 (Fairly Valued). The stock has 3 warning signs investors should review. Among 679 REITs companies, Dusit Thani Freehold and Leasehold REIT ranks better than 90.57% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Dusit Thani Freehold and Leasehold REIT's Gross Profit for the three months ended in Mar. 2026 was ฿244.4 Mil. Dusit Thani Freehold and Leasehold REIT's Revenue for the three months ended in Mar. 2026 was ฿251.2 Mil. Therefore, Dusit Thani Freehold and Leasehold REIT's Gross Margin % for the quarter that ended in Mar. 2026 was 97.31%.


The historical rank and industry rank for Dusit Thani Freehold and Leasehold REIT's Gross Margin % or its related term are showing as below:

BKK:DREIT' s Gross Margin % Range Over the Past 10 Years
Min: 93.48   Med: 94.64   Max: 95.66
Current: 95.17


During the past 13 years, the highest Gross Margin % of Dusit Thani Freehold and Leasehold REIT was 95.66%. The lowest was 93.48%. And the median was 94.64%.

BKK:DREIT's Gross Margin % is ranked better than
90.57% of 679 companies
in the REITs industry
Industry Median: 69.93 vs BKK:DREIT: 95.17

Dusit Thani Freehold and Leasehold REIT had a gross margin of 97.31% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dusit Thani Freehold and Leasehold REIT was 0.20% per year.


Dusit Thani Freehold and Leasehold REIT  (BKK:DREIT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Dusit Thani Freehold and Leasehold REIT had a gross margin of 97.31% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Dusit Thani Freehold and Leasehold REIT Gross Margin % Related Terms


Dusit Thani Freehold and Leasehold REIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for Dusit Thani Freehold and Leasehold REIT's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dusit Thani Freehold and Leasehold REIT Gross Margin % Chart

Dusit Thani Freehold and Leasehold REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.64 93.48 94.71 95.01 94.97

Dusit Thani Freehold and Leasehold REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.03 90.61 92.53 95.48 97.31

BKK:DREIT vs HST, RHP, APLE: Gross Margin % Comparison

For the REIT - Hotel & Motel subindustry, Dusit Thani Freehold and Leasehold REIT's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dusit Thani Freehold and Leasehold REIT Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Dusit Thani Freehold and Leasehold REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dusit Thani Freehold and Leasehold REIT's Gross Margin % falls into.


BKK:DREIT
80GF Score
Dusit Thani Freehold and Leasehold REIT BKK:DREIT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dusit Thani Freehold and Leasehold REIT Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Dusit Thani Freehold and Leasehold REIT's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=516 / 543.352
=(Revenue - Cost of Goods Sold) / Revenue
=(543.352 - 27.348) / 543.352
=94.97 %

Dusit Thani Freehold and Leasehold REIT's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=244.4 / 251.204
=(Revenue - Cost of Goods Sold) / Revenue
=(251.204 - 6.765) / 251.204
=97.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 97.31% mean?
Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) has a Gross Margin % of 97.31% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dusit Thani Freehold and Leasehold REIT and its competitors. This is near median its historical median of 94.64. Over the past decade, Dusit Thani Freehold and Leasehold REIT's Gross Margin % has ranged from 93.48 to 95.66. According to the industry distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #64 out of 679 companies in the REITs industry, placing it in the top 9.4%.
Is Dusit Thani Freehold and Leasehold REIT's Gross Margin % too high?
Dusit Thani Freehold and Leasehold REIT's current Gross Margin % of 97.31% is near median its 10-year median of 94.64. Over the past 10 years, this metric has ranged from a low of 93.48 to a high of 95.66. The REITs industry median Gross Margin % is 69.93. Dusit Thani Freehold and Leasehold REIT's value of 97.31% is 39.2% above this industry median. Based on the distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #64 out of 679 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Dusit Thani Freehold and Leasehold REIT has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dusit Thani Freehold and Leasehold REIT's Gross Margin % compare to HST and RHP?
According to the REITs industry distribution chart, Dusit Thani Freehold and Leasehold REIT ranks #64 out of 679 companies for Gross Margin %. This places Dusit Thani Freehold and Leasehold REIT in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.93. Dusit Thani Freehold and Leasehold REIT's value of 97.31% is 39.2% above this benchmark. Historically, Dusit Thani Freehold and Leasehold REIT's own Gross Margin % has ranged from 93.48 to 95.66 over the past decade. While the company's 10-year median is 94.64 vs. the industry median of 69.93, Dusit Thani Freehold and Leasehold REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.93, based on 679 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dusit Thani Freehold and Leasehold REIT's current Gross Margin % of 97.31% is 39.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Dusit Thani Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dusit Thani Freehold and Leasehold REIT's current Gross Margin % is 97.31%, which is near median its own 10-year median of 94.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.04, compared to a current price of ฿4.96 — trading 1.6% below its estimated fair value. The current Gross Margin % is 97.31%, which is near median its 10-year median of 94.64 and 39.2% above the REITs industry median of 69.93. Dusit Thani Freehold and Leasehold REIT's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Dusit Thani Freehold and Leasehold REIT (BKK:DREIT), the current Gross Margin % is 97.31% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿4.96 is trading 1.6% below its estimated GF Value™ of ฿5.04. GuruFocus considers Dusit Thani Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:DREIT:

  • Gross Margin %: 97.31% (near median its 10-year median of 94.64)
  • GF Value™: ฿5.04 vs. price of ฿4.96 (1.6% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 39.2% above the REITs median (#64 of 679)

No single metric tells the full story. See the BKK:DREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dusit Thani Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Phaya Thai Road, No. 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.
80GF Score

Get the complete analysis for BKK:DREIT

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿4.96
Price
฿5.04
GF Value