GPEAF (Great Portland Estates) Gross Margin %: 56.71% (As of Mar. 2026) — 12% Below Median


GPEAF Great Portland Estates PLC GPEAF
66 GF Score
Price $4.01
GF Value $4.24
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Great Portland Estates Gross Margin %?

Great Portland Estates GPEAF 66 Gross Margin % is 56.71% as of Mar. 2026, which is 12% below its 10-year median of 64.18. GuruFocus rates GPEAF with a GF Score™ of 66/100 and a GF Value™ of $4.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 680 REITs companies, Great Portland Estates ranks worse than 74.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Great Portland Estates's Gross Profit for the six months ended in Mar. 2026 was $47.9 Mil. Great Portland Estates's Revenue for the six months ended in Mar. 2026 was $84.4 Mil. Therefore, Great Portland Estates's Gross Margin % for the quarter that ended in Mar. 2026 was 56.71%.

Warning Sign:

Great Portland Estates PLC gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


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

GPEAF' s Gross Margin % Range Over the Past 10 Years
Min: 25.15   Med: 64.18   Max: 72.78
Current: 58.19


During the past 13 years, the highest Gross Margin % of Great Portland Estates was 72.78%. The lowest was 25.15%. And the median was 64.18%.

GPEAF's Gross Margin % is ranked worse than
74.41% of 680 companies
in the REITs industry
Industry Median: 69.705 vs GPEAF: 58.19

Great Portland Estates had a gross margin of 56.71% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Great Portland Estates was -3.10% per year.


Great Portland Estates  (OTCPK:GPEAF) 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

Great Portland Estates had a gross margin of 56.71% 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.


Great Portland Estates Gross Margin % Related Terms


Great Portland Estates Gross Margin % Historical Data

* Premium members only.

The historical data trend for Great Portland Estates'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.

Great Portland Estates Gross Margin % Chart

Great Portland Estates Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.78 64.58 65.09 62.74 58.19

Great Portland Estates Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 64.44 62.58 62.88 59.89 56.71

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

For the REIT - Office subindustry, Great Portland Estates'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.


Great Portland Estates Gross Margin % vs REITs Industry

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

* The bar in red indicates where Great Portland Estates's Gross Margin % falls into.


GPEAF
66GF Score
Great Portland Estates PLC GPEAF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Portland Estates Gross Margin % Calculation

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

Great Portland Estates's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=91.5 / 157.2
=(Revenue - Cost of Goods Sold) / Revenue
=(157.2 - 65.733) / 157.2
=58.19 %

Great Portland Estates'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 )
=47.9 / 84.4
=(Revenue - Cost of Goods Sold) / Revenue
=(84.4 - 36.533) / 84.4
=56.71 %

* 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 56.71% mean?
Great Portland Estates (GPEAF) has a Gross Margin % of 56.71% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Great Portland Estates and its competitors. This is 12% below median its historical median of 64.18. Over the past decade, Great Portland Estates' Gross Margin % has ranged from 25.15 to 72.78. According to the industry distribution chart, Great Portland Estates ranks #506 out of 680 companies in the REITs industry, placing it in the top 74.4%.
Is Great Portland Estates' Gross Margin % too high?
Great Portland Estates' current Gross Margin % of 56.71% is 12% below median its 10-year median of 64.18. Over the past 10 years, this metric has ranged from a low of 25.15 to a high of 72.78. The REITs industry median Gross Margin % is 69.71. Great Portland Estates' value of 56.71% is 18.6% below this industry median. Based on the distribution chart, Great Portland Estates ranks #506 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, Great Portland Estates has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Portland Estates' Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Great Portland Estates ranks #506 out of 680 companies for Gross Margin %. This places Great Portland Estates in the lower half of its industry. The industry median Gross Margin % is 69.71. Great Portland Estates' value of 56.71% is 18.6% below this benchmark. Historically, Great Portland Estates' own Gross Margin % has ranged from 25.15 to 72.78 over the past decade. While the company's 10-year median is 64.18 vs. the industry median of 69.71, Great Portland Estates 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. Great Portland Estates's current Gross Margin % of 56.71% is 18.6% 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 Great Portland Estates 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. Great Portland Estates's current Gross Margin % is 56.71%, which is 12% below median its own 10-year median of 64.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Portland Estates stock overvalued right now?
Based on GuruFocus' analysis, Great Portland Estates (GPEAF) is currently considered Fairly Valued. The stock's GF Value™ is $4.24, compared to a current price of $4.01 — trading 5.4% below its estimated fair value. The current Gross Margin % is 56.71%, which is 12% below median its 10-year median of 64.18 and 18.6% below the REITs industry median of 69.71. Great Portland Estates' overall GF Score™ is 66/100 with 8 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 Great Portland Estates (GPEAF), the current Gross Margin % is 56.71% 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 Great Portland Estates (GPEAF) Overvalued in 2026?

Based on GuruFocus' analysis, Great Portland Estates stock appears to be undervalued. The current stock price of $4.01 is trading 5.4% below its estimated GF Value™ of $4.24. GuruFocus considers Great Portland Estates to be Fairly Valued.

Key valuation signals for GPEAF:

  • Gross Margin %: 56.71% (12% below median its 10-year median of 64.18)
  • GF Value™: $4.24 vs. price of $4.01 (5.4% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 18.6% below the REITs median (#506 of 680)

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


Great Portland Estates Business Description

Industry Real EstateREITs
Other Exchanges GPEl:UKGPE:UKG9KB:Germany
Address 33 Cavendish Square, London, GBR, W1G 0PW
Great Portland Estates PLC is a United Kingdom-based property investment and development company. The company invests in and develops central London real estate. The company's property portfolio includes 35 Portman Square, Orchard Court, One Chapel Place, 23/24 Newman Street, The Courtyard, Whittington House, 10 South Crescent, Pollen House, 141 Wardour Street, Soho Square Estate, SIX St Andrew Street, The Hickman, City Tower, and others. Its segments include Fully Managed offices, which generate maximum revenue, including joint ventures, and Group Fully Managed offices.
66GF Score

Get the complete analysis for GPEAF

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

$4.01
Price
$4.24
GF Value