SKYH (Sky Harbour Group) Gross Margin %: 86.77% (As of Mar. 2026) — 10% Below Median

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SKYH Sky Harbour Group Corp SKYH
63 GF Score
Price $10.18
GF Value $22.51
Valuation Possible Value Trap
! 4 Warning Signs
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What is Sky Harbour Group Gross Margin %?

Sky Harbour Group SKYH -0.20% 63 Gross Margin % is 86.77% as of Mar. 2026, which is 10% below its 10-year median of 96.24. GuruFocus rates SKYH with a GF Score™ of 63/100 and a GF Value™ of $22.51 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,641 Real Estate companies, Sky Harbour Group ranks better than 92.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sky Harbour Group's Gross Profit for the three months ended in Mar. 2026 was $7.57 Mil. Sky Harbour Group's Revenue for the three months ended in Mar. 2026 was $8.73 Mil. Therefore, Sky Harbour Group's Gross Margin % for the quarter that ended in Mar. 2026 was 86.77%.


The historical rank and industry rank for Sky Harbour Group's Gross Margin % or its related term are showing as below:

SKYH' s Gross Margin % Range Over the Past 10 Years
Min: 87.82   Med: 96.24   Max: 97.17
Current: 87.82


During the past 7 years, the highest Gross Margin % of Sky Harbour Group was 97.17%. The lowest was 87.82%. And the median was 96.24%.

SKYH's Gross Margin % is ranked better than
92.99% of 1641 companies
in the Real Estate industry
Industry Median: 36.47 vs SKYH: 87.82

Sky Harbour Group had a gross margin of 86.77% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sky Harbour Group was 0.00% per year.


Sky Harbour Group  (NYSE:SKYH) 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

Sky Harbour Group had a gross margin of 86.77% 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.


Sky Harbour Group Gross Margin % Related Terms


Sky Harbour Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sky Harbour Group'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.

Sky Harbour Group Gross Margin % Chart

Sky Harbour Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 0.00 0.00 97.17 96.24 87.96

Sky Harbour Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 86.88 85.99 90.56 87.97 86.77

SKYH vs FPH, OZ, AXR: Gross Margin % Comparison

For the Real Estate - Development subindustry, Sky Harbour Group'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.


Sky Harbour Group Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sky Harbour Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sky Harbour Group's Gross Margin % falls into.


SKYH
63GF Score
Sky Harbour Group Corp SKYH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sky Harbour Group Gross Margin % Calculation

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

Sky Harbour Group's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=24.2 / 27.54
=(Revenue - Cost of Goods Sold) / Revenue
=(27.54 - 3.315) / 27.54
=87.96 %

Sky Harbour Group'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 )
=7.6 / 8.725
=(Revenue - Cost of Goods Sold) / Revenue
=(8.725 - 1.154) / 8.725
=86.77 %

* 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 86.77% mean?
Sky Harbour Group (SKYH) has a Gross Margin % of 86.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sky Harbour Group and its competitors. This is 10% below median its historical median of 96.24. Over the past decade, Sky Harbour Group's Gross Margin % has ranged from 87.82 to 97.17. According to the industry distribution chart, Sky Harbour Group ranks #115 out of 1641 companies in the Real Estate industry, placing it in the top 7%.
Is Sky Harbour Group's Gross Margin % too high?
Sky Harbour Group's current Gross Margin % of 86.77% is 10% below median its 10-year median of 96.24. Over the past 10 years, this metric has ranged from a low of 87.82 to a high of 97.17. The Real Estate industry median Gross Margin % is 36.47. Sky Harbour Group's value of 86.77% is 137.9% above this industry median. Based on the distribution chart, Sky Harbour Group ranks #115 out of 1641 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Sky Harbour Group has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sky Harbour Group's Gross Margin % compare to FPH and OZ?
According to the Real Estate industry distribution chart, Sky Harbour Group ranks #115 out of 1641 companies for Gross Margin %. This places Sky Harbour Group in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.47. Sky Harbour Group's value of 86.77% is 137.9% above this benchmark. Historically, Sky Harbour Group's own Gross Margin % has ranged from 87.82 to 97.17 over the past decade. While the company's 10-year median is 96.24 vs. the industry median of 36.47, Sky Harbour Group 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 36.47, based on 1,641 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. Sky Harbour Group's current Gross Margin % of 86.77% is 137.9% 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 Sky Harbour Group and its competitors. For the Real Estate industry, the median Gross Margin % is 36.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Harbour Group's current Gross Margin % is 86.77%, which is 10% below median its own 10-year median of 96.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Harbour Group stock overvalued right now?
Based on GuruFocus' analysis, Sky Harbour Group (SKYH) is currently considered Possible Value Trap. The stock's GF Value™ is $22.51, compared to a current price of $10.18 — trading 54.8% below its estimated fair value. The current Gross Margin % is 86.77%, which is 10% below median its 10-year median of 96.24 and 137.9% above the Real Estate industry median of 36.47. Sky Harbour Group's overall GF Score™ is 63/100 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 Sky Harbour Group (SKYH), the current Gross Margin % is 86.77% 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 Sky Harbour Group (SKYH) Overvalued in 2026?

Based on GuruFocus' analysis, Sky Harbour Group stock appears to be undervalued. The current stock price of $10.18 is trading 54.8% below its estimated GF Value™ of $22.51. GuruFocus considers Sky Harbour Group to be Possible Value Trap.

Key valuation signals for SKYH:

  • Gross Margin %: 86.77% (10% below median its 10-year median of 96.24)
  • GF Value™: $22.51 vs. price of $10.18 (54.8% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 137.9% above the Real Estate median (#115 of 1641)

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


Sky Harbour Group Business Description

Address 136 Tower Road, Suite 205, Westchester County Airport, White Plains, NY, USA, 10604
Sky Harbour Group Corp is an aviation infrastructure company focused on building the first nationwide network of Home Base Operator (HBO) campuses designed exclusively for business aircraft. The company develops, leases, and manages general aviation hangars across the United States, targeting airfields in markets with aircraft populations and high hangar demand. Its HBS campuses include private hangars and offer a range of services tailored to aircraft owners operating from these facilities. The majority of the company's revenue is derived from the leasing of home-based aircraft hangars and through services and products ancillary to its leasing activities.
63GF Score

Get the complete analysis for SKYH

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

$10.18
Price
$22.51
GF Value