CBL & Associates PropertiesCBL +1.80%51 Gross Margin % is 62.57% as of Mar. 2026, which is 5% below its 10-year median of 65.99. GuruFocus rates CBL with a GF Score™ of 51/100 and a GF Value™ of $28.43 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 680 REITs companies, CBL & Associates Properties ranks worse than 60.29% 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
CBL & Associates Properties had a gross margin of 62.57% 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.
CBL & Associates Properties Gross Margin % Related Terms
CBL & Associates Properties Gross Margin % Historical Data
* 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.
For the REIT - Retail subindustry, CBL & Associates Properties'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.
CBL & Associates Properties Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, CBL & Associates Properties's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CBL & Associates Properties'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.
CBL & Associates Properties (CBL) has a Gross Margin % of 62.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CBL & Associates Properties and its competitors. This is near median its historical median of 65.99. Over the past decade, CBL & Associates Properties' Gross Margin % has ranged from 64.67 to 69.99. According to the industry distribution chart, CBL & Associates Properties ranks #410 out of 680 companies in the REITs industry, placing it in the top 60.3%.
Is CBL & Associates Properties' Gross Margin % too high?
CBL & Associates Properties' current Gross Margin % of 62.57% is near median its 10-year median of 65.99. Over the past 10 years, this metric has ranged from a low of 64.67 to a high of 69.99. The REITs industry median Gross Margin % is 69.61. CBL & Associates Properties' value of 62.57% is 10.1% below this industry median. Based on the distribution chart, CBL & Associates Properties ranks #410 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, CBL & Associates Properties has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CBL & Associates Properties' Gross Margin % compare to ALX and GTY?
According to the REITs industry distribution chart, CBL & Associates Properties ranks #410 out of 680 companies for Gross Margin %. This places CBL & Associates Properties in the lower half of its industry. The industry median Gross Margin % is 69.61. CBL & Associates Properties' value of 62.57% is 10.1% below this benchmark. Historically, CBL & Associates Properties' own Gross Margin % has ranged from 64.67 to 69.99 over the past decade. While the company's 10-year median is 65.99 vs. the industry median of 69.61, CBL & Associates Properties 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 69.61, based on 680 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. CBL & Associates Properties's current Gross Margin % of 62.57% is 10.1% 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 CBL & Associates Properties and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CBL & Associates Properties's current Gross Margin % is 62.57%, which is near median its own 10-year median of 65.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBL & Associates Properties stock overvalued right now?
Based on GuruFocus' analysis, CBL & Associates Properties (CBL) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.43, compared to a current price of $50.99 — trading 79.4% above its estimated fair value. The current Gross Margin % is 62.57%, which is near median its 10-year median of 65.99 and 10.1% below the REITs industry median of 69.61. CBL & Associates Properties' overall GF Score™ is 51/100 with 10 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 CBL & Associates Properties (CBL), the current Gross Margin % is 62.57% 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 CBL & Associates Properties (CBL) Overvalued in 2026?
Based on GuruFocus' analysis, CBL & Associates Properties stock appears to be overvalued.
The current stock price of $50.99 is trading 79.4% above its estimated GF Value™ of $28.43.
GuruFocus considers CBL & Associates Properties to be Significantly Overvalued.
Key valuation signals for CBL:
Gross Margin %: 62.57% (near median its 10-year median of 65.99)
GF Value™: $28.43 vs. price of $50.99 (79.4% above fair value)
Industry Position: 10.1% below the REITs median (#410 of 680)
No single metric tells the full story. See the CBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CBL & Associates Properties Inc is a real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
51GF Score
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