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NTT DC REITSGX:NTDU -2.11%5 Gross Margin % is 34.61% as of Mar. 2026, which is 8% below its 10-year median of 37.70. GuruFocus rates SGX:NTDU with a GF Score™ of 5/100. The stock has 7 warning signs investors should review. Among 667 REITs companies, NTT DC REIT ranks worse than 91.15% 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
NTT DC REIT had a gross margin of 34.61% 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.
NTT DC REIT Gross Margin % Related Terms
NTT DC REIT Gross Margin % Historical Data
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The historical data trend for NTT DC REIT'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.
NTT DC REIT Gross Margin % Chart
NTT DC REIT Annual Data
Trend
Mar22
Mar23
Mar24
Mar26
Gross Margin %
39.00
42.89
22.66
36.40
NTT DC REIT Semi-Annual Data
Mar24
Sep25
Mar26
Gross Margin %
0.00
36.11
34.61
SGX:NTDU vs VICI, WPC, BNL: Gross Margin % Comparison
For the REIT - Diversified subindustry, NTT DC REIT'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.
NTT DC REIT Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, NTT DC REIT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where NTT DC REIT'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.
NTT DC REIT (SGX:NTDU) has a Gross Margin % of 34.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NTT DC REIT and its competitors. This is near median its historical median of 37.70. Over the past decade, NTT DC REIT's Gross Margin % has ranged from 22.66 to 42.89. According to the industry distribution chart, NTT DC REIT ranks #608 out of 667 companies in the REITs industry, placing it in the top 91.2%.
Is NTT DC REIT's Gross Margin % too high?
NTT DC REIT's current Gross Margin % of 34.61% is near median its 10-year median of 37.70. Over the past 10 years, this metric has ranged from a low of 22.66 to a high of 42.89. The REITs industry median Gross Margin % is 69.42. NTT DC REIT's value of 34.61% is 50.1% below this industry median. Based on the distribution chart, NTT DC REIT ranks #608 out of 667 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, NTT DC REIT has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does NTT DC REIT's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, NTT DC REIT ranks #608 out of 667 companies for Gross Margin %. This places NTT DC REIT in the lower half of its industry. The industry median Gross Margin % is 69.42. NTT DC REIT's value of 34.61% is 50.1% below this benchmark. Historically, NTT DC REIT's own Gross Margin % has ranged from 22.66 to 42.89 over the past decade. While the company's 10-year median is 37.70 vs. the industry median of 69.42, NTT DC REIT 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 69.42, based on 667 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. NTT DC REIT's current Gross Margin % of 34.61% is 50.1% 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 NTT DC REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DC REIT's current Gross Margin % is 34.61%, which is near median its own 10-year median of 37.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DC REIT stock overvalued right now?
NTT DC REIT (SGX:NTDU) has a current Gross Margin % of 34.61%. The current Gross Margin % is 34.61%, which is near median its 10-year median of 37.70 and 50.1% below the REITs industry median of 69.42. NTT DC REIT's overall GF Score™ is 5/100 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 NTT DC REIT (SGX:NTDU), the current Gross Margin % is 34.61% 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.
NTT DC REIT is a Singapore real estate investment trust (S-REIT) established with the principal of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used for data center purposes, as well as assets necessary to support the digital economy. Its key objectives are to provide Unitholders with regular and stable distributions and to achieve long-term growth in DPU and net asset value (NAV) per Unit, while maintaining an appropriate capital structure.
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