Vonovia SELTS:0QFT -1.69%65 Gross Margin % is 60.48% as of Mar. 2026, which is 55% above its 10-year median of 38.99. GuruFocus rates LTS:0QFT with a GF Score™ of 65/100 and a GF Value™ of €23.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,644 Real Estate companies, Vonovia SE ranks better than 68.98% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Vonovia SE's Gross Profit for the
three
months ended in Mar. 2026 was €788 Mil. Vonovia SE's Revenue for the
three
months ended in Mar. 2026 was €1,303 Mil. Therefore, Vonovia SE's Gross Margin % for the quarter that ended in Mar. 2026 was 60.48%.
The historical rank and industry rank for Vonovia SE's Gross Margin % or its related term are showing as below:
LTS:0QFT'
s Gross Margin % Range Over the Past 10 Years
Min: 1.31 Med: 38.99 Max: 55.05
Current: 55.03
During the past 13 years, the highestGross Margin % of Vonovia SE was 55.05%. The lowest was 1.31%. And the median was 38.99%.
LTS:0QFT's Gross Margin % is ranked better than 68.98% of 1644
companies
in the Real Estate industry
Industry Median: 36.96
vs LTS:0QFT: 55.03
Vonovia SE had a gross margin of 60.48% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Vonovia SE was 5.20% per year.
Vonovia SE (LTS:0QFT) 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
Vonovia SE had a gross margin of 60.48% 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.
Vonovia SE Gross Margin % Related Terms
Vonovia SE Gross Margin % Historical Data
* Premium members only.
The historical data trend for Vonovia SE'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.
LTS:0QFT vs CBRE, BEKE, JLL: Gross Margin % Comparison
For the Real Estate Services subindustry, Vonovia SE'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.
Vonovia SE Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Vonovia SE's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Vonovia SE'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.
Vonovia SE (LTS:0QFT) has a Gross Margin % of 60.48% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vonovia SE and its competitors. This is 55% above median its historical median of 38.99. Over the past decade, Vonovia SE's Gross Margin % has ranged from 1.31 to 55.05. According to the industry distribution chart, Vonovia SE ranks #510 out of 1644 companies in the Real Estate industry, placing it in the top 31%.
Is Vonovia SE's Gross Margin % too high?
Vonovia SE's current Gross Margin % of 60.48% is 55% above median its 10-year median of 38.99. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 55.05. The Real Estate industry median Gross Margin % is 36.96. Vonovia SE's value of 60.48% is 63.6% above this industry median. Based on the distribution chart, Vonovia SE ranks #510 out of 1644 companies in the Real Estate industry, which is above the industry midpoint. Overall, Vonovia SE has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vonovia SE's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Vonovia SE ranks #510 out of 1644 companies for Gross Margin %. This puts Vonovia SE in the upper half of its industry. The industry median Gross Margin % is 36.96. Vonovia SE's value of 60.48% is 63.6% above this benchmark. Historically, Vonovia SE's own Gross Margin % has ranged from 1.31 to 55.05 over the past decade. While the company's 10-year median is 38.99 vs. the industry median of 36.96, Vonovia SE has consistently been above 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 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. Vonovia SE's current Gross Margin % of 60.48% is 63.6% above 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 Vonovia SE and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vonovia SE's current Gross Margin % is 60.48%, which is 55% above median its own 10-year median of 38.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vonovia SE stock overvalued right now?
Based on GuruFocus' analysis, Vonovia SE (LTS:0QFT) is currently considered Fairly Valued. The stock's GF Value™ is €23.21, compared to a current price of €21.20 — trading 8.7% below its estimated fair value. The current Gross Margin % is 60.48%, which is 55% above median its 10-year median of 38.99 and 63.6% above the Real Estate industry median of 36.96. Vonovia SE's overall GF Score™ is 65/100 with 4 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 Vonovia SE (LTS:0QFT), the current Gross Margin % is 60.48% 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 Vonovia SE (LTS:0QFT) Overvalued in 2026?
Based on GuruFocus' analysis, Vonovia SE stock appears to be undervalued.
The current stock price of €21.20 is trading 8.7% below its estimated GF Value™ of €23.21.
GuruFocus considers Vonovia SE to be Fairly Valued.
Key valuation signals for LTS:0QFT:
Gross Margin %: 60.48% (55% above median its 10-year median of 38.99)
GF Value™: €23.21 vs. price of €21.20 (8.7% below fair value)
Industry Position: 63.6% above the Real Estate median (#510 of 1644)
No single metric tells the full story. See the LTS:0QFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vonovia SE is a residential real estate company based out of Germany. It owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. The company manages its operations through four business segments; Rental, Value-add, Recurring Sales, and Development. Maximum revenue is generated from the Rental segment, which combines all of the business activities that are aimed at the value-enhancing management of its residential real estate. It includes the company's property management activities in Germany, Austria, and Sweden.
65GF Score
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