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Kilroy RealtyBSP:K2RC34 -1.20%40 Gross Margin % is 65.29% as of Jun. 2026, which is 8% below its 10-year median of 70.86. GuruFocus rates BSP:K2RC34 with a GF Score™ of 40/100 and a GF Value™ of R$21.48 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 669 REITs companies, Kilroy Realty ranks worse than 59.19% on this metric.
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
Kilroy Realty had a gross margin of 65.29% for the quarter that ended in Jun. 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.
Kilroy Realty Gross Margin % Related Terms
Kilroy Realty Gross Margin % Historical Data
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The historical data trend for Kilroy Realty'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.
BSP:K2RC34 vs CDP, SLG, CUZ: Gross Margin % Comparison
For the REIT - Office subindustry, Kilroy Realty'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.
Kilroy Realty Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Kilroy Realty's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kilroy Realty's Gross Margin % falls into.
* 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.
Kilroy Realty (BSP:K2RC34) has a Gross Margin % of 65.29% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kilroy Realty and its competitors. This is near median its historical median of 70.86. Over the past decade, Kilroy Realty's Gross Margin % has ranged from 65.38 to 73.14. According to the industry distribution chart, Kilroy Realty ranks #396 out of 669 companies in the REITs industry, placing it in the top 59.2%.
Is Kilroy Realty's Gross Margin % too high?
Kilroy Realty's current Gross Margin % of 65.29% is near median its 10-year median of 70.86. Over the past 10 years, this metric has ranged from a low of 65.38 to a high of 73.14. The REITs industry median Gross Margin % is 69.79. Kilroy Realty's value of 65.29% is 6.4% below this industry median. Based on the distribution chart, Kilroy Realty ranks #396 out of 669 companies in the REITs industry, which is below the industry midpoint. Overall, Kilroy Realty has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kilroy Realty's Gross Margin % compare to CDP and SLG?
According to the REITs industry distribution chart, Kilroy Realty ranks #396 out of 669 companies for Gross Margin %. This places Kilroy Realty in the lower half of its industry. The industry median Gross Margin % is 69.79. Kilroy Realty's value of 65.29% is 6.4% below this benchmark. Historically, Kilroy Realty's own Gross Margin % has ranged from 65.38 to 73.14 over the past decade. While the company's 10-year median is 70.86 vs. the industry median of 69.79, Kilroy Realty has consistently been below 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 69.79, based on 669 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. Kilroy Realty's current Gross Margin % of 65.29% is 6.4% below 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 Kilroy Realty and its competitors. For the REITs industry, the median Gross Margin % is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kilroy Realty's current Gross Margin % is 65.29%, which is near median its own 10-year median of 70.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kilroy Realty stock overvalued right now?
Based on GuruFocus' analysis, Kilroy Realty (BSP:K2RC34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$21.48, compared to a current price of R$24.72 — trading 15.1% above its estimated fair value. The current Gross Margin % is 65.29%, which is near median its 10-year median of 70.86 and 6.4% below the REITs industry median of 69.79. Kilroy Realty's overall GF Score™ is 40/100 with 9 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 Kilroy Realty (BSP:K2RC34), the current Gross Margin % is 65.29% as of Jun. 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 Kilroy Realty (BSP:K2RC34) Overvalued in 2026?
Based on GuruFocus' analysis, Kilroy Realty stock appears to be overvalued.
The current stock price of R$24.72 is trading 15.1% above its estimated GF Value™ of R$21.48.
GuruFocus considers Kilroy Realty to be Modestly Overvalued.
Key valuation signals for BSP:K2RC34:
Gross Margin %: 65.29% (near median its 10-year median of 70.86)
GF Value™: R$21.48 vs. price of R$24.72 (15.1% above fair value)
Industry Position: 6.4% below the REITs median (#396 of 669)
No single metric tells the full story. See the BSP:K2RC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kilroy Realty is a premier owner and landlord of approximately 16.3 million square feet of office space across Los Angeles, San Diego, the San Francisco Bay Area, Austin, Texas, and greater Seattle. The company operates as a real estate investment trust.
40GF Score
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