Orion PropertiesONL +6.20%69 Gross Margin % is 59.24% as of Mar. 2026, which is 23% below its 10-year median of 76.81. GuruFocus rates ONL with a GF Score™ of 69/100 and a GF Value™ of $2.80 (Fairly Valued). The stock has 12 warning signs investors should review. Among 680 REITs companies, Orion Properties ranks worse than 77.94% 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
Orion Properties had a gross margin of 59.24% 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.
Orion Properties Gross Margin % Related Terms
Orion Properties Gross Margin % Historical Data
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The historical data trend for Orion Properties'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 - Office subindustry, Orion 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.
Orion Properties Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Orion Properties's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Orion 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.
Orion Properties (ONL) has a Gross Margin % of 59.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Orion Properties and its competitors. This is 23% below median its historical median of 76.81. Over the past decade, Orion Properties' Gross Margin % has ranged from 56.09 to 90.15. According to the industry distribution chart, Orion Properties ranks #530 out of 680 companies in the REITs industry, placing it in the top 77.9%.
Is Orion Properties' Gross Margin % too high?
Orion Properties' current Gross Margin % of 59.24% is 23% below median its 10-year median of 76.81. Over the past 10 years, this metric has ranged from a low of 56.09 to a high of 90.15. The REITs industry median Gross Margin % is 69.71. Orion Properties' value of 59.24% is 15% below this industry median. Based on the distribution chart, Orion Properties ranks #530 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orion Properties has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orion Properties' Gross Margin % compare to NLOP and FSP?
According to the REITs industry distribution chart, Orion Properties ranks #530 out of 680 companies for Gross Margin %. This places Orion Properties in the lower half of its industry. The industry median Gross Margin % is 69.71. Orion Properties' value of 59.24% is 15% below this benchmark. Historically, Orion Properties' own Gross Margin % has ranged from 56.09 to 90.15 over the past decade. While the company's 10-year median is 76.81 vs. the industry median of 69.71, Orion 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 69.71, 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. Orion Properties's current Gross Margin % of 59.24% is 15% 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 Orion Properties 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. Orion Properties's current Gross Margin % is 59.24%, which is 23% below median its own 10-year median of 76.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Properties stock overvalued right now?
Based on GuruFocus' analysis, Orion Properties (ONL) is currently considered Fairly Valued. The stock's GF Value™ is $2.80, compared to a current price of $2.91 — trading 3.9% above its estimated fair value. The current Gross Margin % is 59.24%, which is 23% below median its 10-year median of 76.81 and 15% below the REITs industry median of 69.71. Orion Properties' overall GF Score™ is 69/100 with 12 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 Orion Properties (ONL), the current Gross Margin % is 59.24% 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 Orion Properties (ONL) Overvalued in 2026?
Based on GuruFocus' analysis, Orion Properties stock appears to be overvalued.
The current stock price of $2.91 is trading 3.9% above its estimated GF Value™ of $2.80.
GuruFocus considers Orion Properties to be Fairly Valued.
Key valuation signals for ONL:
Gross Margin %: 59.24% (23% below median its 10-year median of 76.81)
GF Value™: $2.80 vs. price of $2.91 (3.9% above fair value)
Industry Position: 15% below the REITs median (#530 of 680)
No single metric tells the full story. See the ONL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orion Properties Inc is an internally managed real estate investment trust engaged in the ownership, acquisition, and management of a diversified portfolio of office properties located in high-quality suburban markets across the United States and leased mainly on a single-tenant net lease basis to creditworthy tenants. Its portfolio is comprised of traditional office properties, as well as governmental, medical office, flex/laboratory, and R&D and flex/industrial properties. The company is focused on shifting its portfolio concentration over time away from traditional office properties, towards more dedicated use assets with specialized uses that include an office component. It operates in one business segment: commercial real estate.
69GF Score
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