SRRTF (Slate Grocery REIT) Gross Margin %: 25.79% (As of Mar. 2026) — 62% Below Median


SRRTF Slate Grocery REIT SRRTF
71 GF Score
Price $12.41
GF Value $10.88
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Slate Grocery REIT Gross Margin %?

Slate Grocery REIT SRRTF +1.39% 71 Gross Margin % is 25.79% as of Mar. 2026, which is 62% below its 10-year median of 67.43. GuruFocus rates SRRTF with a GF Score™ of 71/100 and a GF Value™ of $10.88 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 680 REITs companies, Slate Grocery REIT ranks worse than 61.32% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Slate Grocery REIT's Gross Profit for the three months ended in Mar. 2026 was $15.3 Mil. Slate Grocery REIT's Revenue for the three months ended in Mar. 2026 was $59.3 Mil. Therefore, Slate Grocery REIT's Gross Margin % for the quarter that ended in Mar. 2026 was 25.79%.

Warning Sign:

Slate Grocery REIT gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


The historical rank and industry rank for Slate Grocery REIT's Gross Margin % or its related term are showing as below:

SRRTF' s Gross Margin % Range Over the Past 10 Years
Min: 64.18   Med: 67.43   Max: 70.72
Current: 64.21


During the past 13 years, the highest Gross Margin % of Slate Grocery REIT was 70.72%. The lowest was 64.18%. And the median was 67.43%.

SRRTF's Gross Margin % is ranked worse than
61.32% of 680 companies
in the REITs industry
Industry Median: 69.705 vs SRRTF: 64.21

Slate Grocery REIT had a gross margin of 25.79% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Slate Grocery REIT was -1.40% per year.


Slate Grocery REIT  (OTCPK:SRRTF) 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

Slate Grocery REIT had a gross margin of 25.79% 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.


Slate Grocery REIT Gross Margin % Related Terms


Slate Grocery REIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for Slate Grocery 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.

Slate Grocery REIT Gross Margin % Chart

Slate Grocery REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.55 67.02 64.18 64.74 64.84

Slate Grocery REIT 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 23.95 78.32 78.56 78.24 25.79

SRRTF vs SPG, O, KIM: Gross Margin % Comparison

For the REIT - Retail subindustry, Slate Grocery 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.


Slate Grocery REIT Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Slate Grocery REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Slate Grocery REIT's Gross Margin % falls into.


SRRTF
71GF Score
Slate Grocery REIT SRRTF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Slate Grocery REIT Gross Margin % Calculation

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

Slate Grocery REIT'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 )
=138.3 / 213.369
=(Revenue - Cost of Goods Sold) / Revenue
=(213.369 - 75.028) / 213.369
=64.84 %

Slate Grocery REIT'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 )
=15.3 / 59.322
=(Revenue - Cost of Goods Sold) / Revenue
=(59.322 - 44.023) / 59.322
=25.79 %

* 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 25.79% mean?
Slate Grocery REIT (SRRTF) has a Gross Margin % of 25.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Slate Grocery REIT and its competitors. This is 62% below median its historical median of 67.43. Over the past decade, Slate Grocery REIT's Gross Margin % has ranged from 64.18 to 70.72. According to the industry distribution chart, Slate Grocery REIT ranks #417 out of 680 companies in the REITs industry, placing it in the top 61.3%.
Is Slate Grocery REIT's Gross Margin % too high?
Slate Grocery REIT's current Gross Margin % of 25.79% is 62% below median its 10-year median of 67.43. Over the past 10 years, this metric has ranged from a low of 64.18 to a high of 70.72. The REITs industry median Gross Margin % is 69.71. Slate Grocery REIT's value of 25.79% is 63% below this industry median. Based on the distribution chart, Slate Grocery REIT ranks #417 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, Slate Grocery REIT has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Slate Grocery REIT's Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, Slate Grocery REIT ranks #417 out of 680 companies for Gross Margin %. This places Slate Grocery REIT in the lower half of its industry. The industry median Gross Margin % is 69.71. Slate Grocery REIT's value of 25.79% is 63% below this benchmark. Historically, Slate Grocery REIT's own Gross Margin % has ranged from 64.18 to 70.72 over the past decade. While the company's 10-year median is 67.43 vs. the industry median of 69.71, Slate Grocery 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 69.71, 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. Slate Grocery REIT's current Gross Margin % of 25.79% is 63% 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 Slate Grocery REIT 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. Slate Grocery REIT's current Gross Margin % is 25.79%, which is 62% below median its own 10-year median of 67.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slate Grocery REIT stock overvalued right now?
Based on GuruFocus' analysis, Slate Grocery REIT (SRRTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.88, compared to a current price of $12.41 — trading 14.1% above its estimated fair value. The current Gross Margin % is 25.79%, which is 62% below median its 10-year median of 67.43 and 63% below the REITs industry median of 69.71. Slate Grocery REIT's overall GF Score™ is 71/100 with 14 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 Slate Grocery REIT (SRRTF), the current Gross Margin % is 25.79% 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 Slate Grocery REIT (SRRTF) Overvalued in 2026?

Based on GuruFocus' analysis, Slate Grocery REIT stock appears to be overvalued. The current stock price of $12.41 is trading 14.1% above its estimated GF Value™ of $10.88. GuruFocus considers Slate Grocery REIT to be Modestly Overvalued.

Key valuation signals for SRRTF:

  • Gross Margin %: 25.79% (62% below median its 10-year median of 67.43)
  • GF Value™: $10.88 vs. price of $12.41 (14.1% above fair value)
  • GF Score™: 71/100 with 14 warning signs
  • Industry Position: 63% below the REITs median (#417 of 680)

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


Slate Grocery REIT Business Description

Industry Real EstateREITs
Other Exchanges SGR.U:CanadaSGR.UN:Canada
Address 121 King Street West, Suite 1600, Toronto, ON, CAN, M5H 3T9
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties.
71GF Score

Get the complete analysis for SRRTF

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

$12.41
Price
$10.88
GF Value