LineageLINE +1.97%11 Gross Margin % is 32.15% as of Mar. 2026, which is 0% above its 10-year median of 32.14. GuruFocus rates LINE with a GF Score™ of 11/100. The stock has 7 warning signs investors should review. Among 680 REITs companies, Lineage ranks worse than 92.21% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Lineage's Gross Profit for the
three
months ended in Mar. 2026 was $417 Mil. Lineage's Revenue for the
three
months ended in Mar. 2026 was $1,297 Mil. Therefore, Lineage's Gross Margin % for the quarter that ended in Mar. 2026 was 32.15%.
The historical rank and industry rank for Lineage's Gross Margin % or its related term are showing as below:
LINE'
s Gross Margin % Range Over the Past 10 Years
Min: 29.53 Med: 32.14 Max: 33
Current: 32.13
During the past 5 years, the highestGross Margin % of Lineage was 33.00%. The lowest was 29.53%. And the median was 32.14%.
LINE's Gross Margin % is ranked worse than 92.21% of 680
companies
in the REITs industry
Industry Median: 69.705
vs LINE: 32.13
Lineage had a gross margin of 32.15% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Lineage was 0.00% per year.
Lineage (NAS:LINE) 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
Lineage had a gross margin of 32.15% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
Lineage Gross Margin % Related Terms
Lineage Gross Margin % Historical Data
* Premium members only.
The historical data trend for Lineage'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.
For the REIT - Industrial subindustry, Lineage'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.
Lineage Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Lineage's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Lineage'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.
Lineage (LINE) has a Gross Margin % of 32.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Lineage and its competitors. This is near median its historical median of 32.14. Over the past decade, Lineage's Gross Margin % has ranged from 29.53 to 33.00. According to the industry distribution chart, Lineage ranks #627 out of 680 companies in the REITs industry, placing it in the top 92.2%.
Is Lineage's Gross Margin % too high?
Lineage's current Gross Margin % of 32.15% is near median its 10-year median of 32.14. Over the past 10 years, this metric has ranged from a low of 29.53 to a high of 33.00. The REITs industry median Gross Margin % is 69.71. Lineage's value of 32.15% is 53.9% below this industry median. Based on the distribution chart, Lineage ranks #627 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Lineage has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Lineage's Gross Margin % compare to EGP and CUBE?
According to the REITs industry distribution chart, Lineage ranks #627 out of 680 companies for Gross Margin %. This places Lineage in the lower half of its industry. The industry median Gross Margin % is 69.71. Lineage's value of 32.15% is 53.9% below this benchmark. Historically, Lineage's own Gross Margin % has ranged from 29.53 to 33.00 over the past decade. While the company's 10-year median is 32.14 vs. the industry median of 69.71, Lineage 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. Lineage's current Gross Margin % of 32.15% is 53.9% 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 Lineage 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. Lineage's current Gross Margin % is 32.15%, which is near median its own 10-year median of 32.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lineage stock overvalued right now?
Lineage (LINE) has a current Gross Margin % of 32.15%. The current Gross Margin % is 32.15%, which is near median its 10-year median of 32.14 and 53.9% below the REITs industry median of 69.71. Lineage's overall GF Score™ is 11/100 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 Lineage (LINE), the current Gross Margin % is 32.15% 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.
Lineage Inc is a temperature-controlled warehouse real estate investment trust. It operates an interconnected temperature-controlled warehouse network, comprising approximately millions of square feet across several warehouses predominantly located in densely populated critical-distribution markets across North America, Asia-Pacific, and Europe. The company's reportable segments are: Global Warehousing, which utilizes the company's industrial real estate properties to provide temperature-controlled warehousing services to its customers; and Global Integrated Solutions, which complements warehousing with supply chain services. Maximum revenue for the company is generated from the Global Warehousing segment. Geographically, it generates maximum revenue from the United States.
11GF Score
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