Sekisui House Reit (TSE:3309) Gross Margin %: 74.37% (As of Apr. 2026) — 17% Above Median


TSE:3309 Sekisui House Reit Inc TSE:3309
73 GF Score
Price 円76,600.00
GF Value 円84,017.77
Valuation Fairly Valued
! 5 Warning Signs
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What is Sekisui House Reit Gross Margin %?

Sekisui House Reit TSE:3309 +0.66% 73 Gross Margin % is 74.37% as of Apr. 2026, which is 17% above its 10-year median of 63.65. GuruFocus rates TSE:3309 with a GF Score™ of 73/100 and a GF Value™ of 円84,017.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 681 REITs companies, Sekisui House Reit ranks better than 53.74% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sekisui House Reit's Gross Profit for the six months ended in Apr. 2026 was 円16,622 Mil. Sekisui House Reit's Revenue for the six months ended in Apr. 2026 was 円22,351 Mil. Therefore, Sekisui House Reit's Gross Margin % for the quarter that ended in Apr. 2026 was 74.37%.


The historical rank and industry rank for Sekisui House Reit's Gross Margin % or its related term are showing as below:

TSE:3309' s Gross Margin % Range Over the Past 10 Years
Min: 58.75   Med: 63.65   Max: 75
Current: 71.44


During the past 11 years, the highest Gross Margin % of Sekisui House Reit was 75.00%. The lowest was 58.75%. And the median was 63.65%.

TSE:3309's Gross Margin % is ranked better than
53.74% of 681 companies
in the REITs industry
Industry Median: 69.62 vs TSE:3309: 71.44

Sekisui House Reit had a gross margin of 74.37% for the quarter that ended in Apr. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sekisui House Reit was 0.70% per year.


Sekisui House Reit  (TSE:3309) 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

Sekisui House Reit had a gross margin of 74.37% for the quarter that ended in Apr. 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.


Sekisui House Reit Gross Margin % Related Terms


Sekisui House Reit Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sekisui House 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.

Sekisui House Reit Gross Margin % Chart

Sekisui House Reit Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.40 60.17 58.75 59.11 68.65

Sekisui House Reit Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 50.14 69.22 69.22 68.07 74.37

TSE:3309 vs VICI, WPC: Gross Margin % Comparison

For the REIT - Diversified subindustry, Sekisui House 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.


Sekisui House Reit Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Sekisui House Reit's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sekisui House Reit's Gross Margin % falls into.


TSE:3309
73GF Score
Sekisui House Reit Inc TSE:3309
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sekisui House Reit Gross Margin % Calculation

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

Sekisui House Reit's Gross Margin for the fiscal year that ended in Oct. 2025 is calculated as

Gross Margin % (A: Oct. 2025 )=Gross Profit (A: Oct. 2025 ) / Revenue (A: Oct. 2025 )
=26759.2 / 38981.314
=(Revenue - Cost of Goods Sold) / Revenue
=(38981.314 - 12222.074) / 38981.314
=68.65 %

Sekisui House Reit's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=16621.9 / 22350.939
=(Revenue - Cost of Goods Sold) / Revenue
=(22350.939 - 5729.001) / 22350.939
=74.37 %

* 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 74.37% mean?
Sekisui House Reit (TSE:3309) has a Gross Margin % of 74.37% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sekisui House Reit and its competitors. This is 17% above median its historical median of 63.65. Over the past decade, Sekisui House Reit's Gross Margin % has ranged from 58.75 to 75.00. According to the industry distribution chart, Sekisui House Reit ranks #315 out of 681 companies in the REITs industry, placing it in the top 46.3%.
Is Sekisui House Reit's Gross Margin % too high?
Sekisui House Reit's current Gross Margin % of 74.37% is 17% above median its 10-year median of 63.65. Over the past 10 years, this metric has ranged from a low of 58.75 to a high of 75.00. The REITs industry median Gross Margin % is 69.62. Sekisui House Reit's value of 74.37% is 6.8% above this industry median. Based on the distribution chart, Sekisui House Reit ranks #315 out of 681 companies in the REITs industry, which is above the industry midpoint. Overall, Sekisui House Reit has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sekisui House Reit's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Sekisui House Reit ranks #315 out of 681 companies for Gross Margin %. This puts Sekisui House Reit in the upper half of its industry. The industry median Gross Margin % is 69.62. Sekisui House Reit's value of 74.37% is 6.8% above this benchmark. Historically, Sekisui House Reit's own Gross Margin % has ranged from 58.75 to 75.00 over the past decade. While the company's 10-year median is 63.65 vs. the industry median of 69.62, Sekisui House Reit 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 REITs company?
The median Gross Margin % among REITs companies is 69.62, based on 681 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. Sekisui House Reit's current Gross Margin % of 74.37% is 6.8% 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 Sekisui House Reit and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sekisui House Reit's current Gross Margin % is 74.37%, which is 17% above median its own 10-year median of 63.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekisui House Reit stock overvalued right now?
Based on GuruFocus' analysis, Sekisui House Reit (TSE:3309) is currently considered Fairly Valued. The stock's GF Value™ is 円84,017.77, compared to a current price of 円76,600.00 — trading 8.8% below its estimated fair value. The current Gross Margin % is 74.37%, which is 17% above median its 10-year median of 63.65 and 6.8% above the REITs industry median of 69.62. Sekisui House Reit's overall GF Score™ is 73/100 with 5 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 Sekisui House Reit (TSE:3309), the current Gross Margin % is 74.37% as of Apr. 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 Sekisui House Reit (TSE:3309) Overvalued in 2026?

Based on GuruFocus' analysis, Sekisui House Reit stock appears to be undervalued. The current stock price of 円76,600.00 is trading 8.8% below its estimated GF Value™ of 円84,017.77. GuruFocus considers Sekisui House Reit to be Fairly Valued.

Key valuation signals for TSE:3309:

  • Gross Margin %: 74.37% (17% above median its 10-year median of 63.65)
  • GF Value™: 円84,017.77 vs. price of 円76,600.00 (8.8% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 6.8% above the REITs median (#315 of 681)

No single metric tells the full story. See the TSE:3309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sekisui House Reit Business Description

Industry Real EstateREITs
Address 4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051
Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.
73GF Score

Get the complete analysis for TSE:3309

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

円76,600.00
Price
円84,017.77
GF Value