Dexus (DEXSF) Gross Margin %: 58.63% (As of Dec. 2025) — 17% Below Median


DEXSF Dexus DEXSF
65 GF Score
Price $3.80
GF Value $5.15
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Dexus Gross Margin %?

Dexus DEXSF 65 Gross Margin % is 58.63% as of Dec. 2025, which is 17% below its 10-year median of 70.48. GuruFocus rates DEXSF with a GF Score™ of 65/100 and a GF Value™ of $5.15 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 680 REITs companies, Dexus ranks worse than 56.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Dexus's Gross Profit for the six months ended in Dec. 2025 was $67.0 Mil. Dexus's Revenue for the six months ended in Dec. 2025 was $114.4 Mil. Therefore, Dexus's Gross Margin % for the quarter that ended in Dec. 2025 was 58.63%.


The historical rank and industry rank for Dexus's Gross Margin % or its related term are showing as below:

DEXSF' s Gross Margin % Range Over the Past 10 Years
Min: 59.62   Med: 70.48   Max: 76.36
Current: 66.93


During the past 13 years, the highest Gross Margin % of Dexus was 76.36%. The lowest was 59.62%. And the median was 70.48%.

DEXSF's Gross Margin % is ranked worse than
56.47% of 680 companies
in the REITs industry
Industry Median: 69.705 vs DEXSF: 66.93

Dexus had a gross margin of 58.63% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dexus was 5.50% per year.


Dexus  (OTCPK:DEXSF) 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

Dexus had a gross margin of 58.63% for the quarter that ended in Dec. 2025 => 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.


Dexus Gross Margin % Related Terms


Dexus Gross Margin % Historical Data

* Premium members only.

The historical data trend for Dexus'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.

Dexus Gross Margin % Chart

Dexus Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.62 67.81 76.36 73.44 76.13

Dexus Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 72.12 74.95 83.13 69.87 58.63

DEXSF vs BXP, ARE, VNO: Gross Margin % Comparison

For the REIT - Office subindustry, Dexus'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.


Dexus Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Dexus's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dexus's Gross Margin % falls into.


DEXSF
65GF Score
Dexus DEXSF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dexus Gross Margin % Calculation

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

Dexus's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=456.6 / 599.74
=(Revenue - Cost of Goods Sold) / Revenue
=(599.74 - 143.164) / 599.74
=76.13 %

Dexus's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=67 / 114.352
=(Revenue - Cost of Goods Sold) / Revenue
=(114.352 - 47.309) / 114.352
=58.63 %

* 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 58.63% mean?
Dexus (DEXSF) has a Gross Margin % of 58.63% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Dexus and its competitors. This is 17% below median its historical median of 70.48. Over the past decade, Dexus' Gross Margin % has ranged from 59.62 to 76.36. According to the industry distribution chart, Dexus ranks #384 out of 680 companies in the REITs industry, placing it in the top 56.5%.
Is Dexus' Gross Margin % too high?
Dexus' current Gross Margin % of 58.63% is 17% below median its 10-year median of 70.48. Over the past 10 years, this metric has ranged from a low of 59.62 to a high of 76.36. The REITs industry median Gross Margin % is 69.71. Dexus' value of 58.63% is 15.9% below this industry median. Based on the distribution chart, Dexus ranks #384 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, Dexus has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dexus' Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Dexus ranks #384 out of 680 companies for Gross Margin %. This places Dexus in the lower half of its industry. The industry median Gross Margin % is 69.71. Dexus' value of 58.63% is 15.9% below this benchmark. Historically, Dexus' own Gross Margin % has ranged from 59.62 to 76.36 over the past decade. While the company's 10-year median is 70.48 vs. the industry median of 69.71, Dexus 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 69.71, 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. Dexus's current Gross Margin % of 58.63% is 15.9% 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 Dexus and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexus's current Gross Margin % is 58.63%, which is 17% below median its own 10-year median of 70.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus stock overvalued right now?
Based on GuruFocus' analysis, Dexus (DEXSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.15, compared to a current price of $3.80 — trading 26.2% below its estimated fair value. The current Gross Margin % is 58.63%, which is 17% below median its 10-year median of 70.48 and 15.9% below the REITs industry median of 69.71. Dexus' overall GF Score™ is 65/100 with 7 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 Dexus (DEXSF), the current Gross Margin % is 58.63% as of Dec. 2025. 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 Dexus (DEXSF) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus stock appears to be undervalued. The current stock price of $3.80 is trading 26.2% below its estimated GF Value™ of $5.15. GuruFocus considers Dexus to be Modestly Undervalued.

Key valuation signals for DEXSF:

  • Gross Margin %: 58.63% (17% below median its 10-year median of 70.48)
  • GF Value™: $5.15 vs. price of $3.80 (26.2% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 15.9% below the REITs median (#384 of 680)

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


Dexus Business Description

Industry Real EstateREITs
Other Exchanges DXS:Australia
Address Level 30, 50 Bridge Street, Sydney, NSW, AUS, 2000
Dexus has ownership interest in, manages, and develops a portfolio of office and industrial assets, about half located in Sydney. The office portfolio contributes nearly two-thirds of group earnings, and industrial assets account for about 15%. Dexus also manages third-party assets and has a funds management platform with AUD 36 billion in funds under management as of Dec. 31, 2025, spanning office, industrial, retail, healthcare, infrastructure, and their adjacent sectors. The REIT has stakes in many of the pooled funds, earning distribution income. Management is internalized, in contrast to some of its peers.
65GF Score

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

$3.80
Price
$5.15
GF Value