Real Estate Split (TSX:RS) Gross Margin %: 70.79% (As of Dec. 2025) — Near Median


TSX:RS Real Estate Split Corp TSX:RS
84 GF Score
Price C$10.30
GF Value C$11.25
Valuation Fairly Valued
! 7 Warning Signs
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What is Real Estate Split Gross Margin %?

Real Estate Split TSX:RS +0.64% 84 Gross Margin % is 70.79% as of Dec. 2025, which is 0% below its 10-year median of 70.99. GuruFocus rates TSX:RS with a GF Score™ of 84/100 and a GF Value™ of C$11.25 (Fairly Valued). The stock has 7 warning signs investors should review. Among 550 Asset Management companies, Real Estate Split ranks better than 60.18% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Real Estate Split's Gross Profit for the six months ended in Dec. 2025 was C$2.99 Mil. Real Estate Split's Revenue for the six months ended in Dec. 2025 was C$4.23 Mil. Therefore, Real Estate Split's Gross Margin % for the quarter that ended in Dec. 2025 was 70.79%.


The historical rank and industry rank for Real Estate Split's Gross Margin % or its related term are showing as below:

TSX:RS' s Gross Margin % Range Over the Past 10 Years
Min: 48.91   Med: 70.99   Max: 73.25
Current: 70.12


During the past 6 years, the highest Gross Margin % of Real Estate Split was 73.25%. The lowest was 48.91%. And the median was 70.99%.

TSX:RS's Gross Margin % is ranked better than
60.18% of 550 companies
in the Asset Management industry
Industry Median: 57.9 vs TSX:RS: 70.12

Real Estate Split had a gross margin of 70.79% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Real Estate Split was 3.00% per year.


Real Estate Split  (TSX:RS) 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

Real Estate Split had a gross margin of 70.79% for the quarter that ended in Dec. 2025 => 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.


Real Estate Split Gross Margin % Related Terms


Real Estate Split Gross Margin % Historical Data

* Premium members only.

The historical data trend for Real Estate Split'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.

Real Estate Split Gross Margin % Chart

Real Estate Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 48.91 66.44 72.05 71.86 70.12

Real Estate Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 72.89 74.05 69.70 69.40 70.79

TSX:RS vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, Real Estate Split'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.


Real Estate Split Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Split's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Real Estate Split's Gross Margin % falls into.


TSX:RS
84GF Score
Real Estate Split Corp TSX:RS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Real Estate Split Gross Margin % Calculation

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

Real Estate Split'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 )
=5.7 / 8.16
=(Revenue - Cost of Goods Sold) / Revenue
=(8.16 - 2.438) / 8.16
=70.12 %

Real Estate Split's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=3 / 4.228
=(Revenue - Cost of Goods Sold) / Revenue
=(4.228 - 1.235) / 4.228
=70.79 %

* 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 70.79% mean?
Real Estate Split (TSX:RS) has a Gross Margin % of 70.79% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Real Estate Split and its competitors. This is near median its historical median of 70.99. Over the past decade, Real Estate Split's Gross Margin % has ranged from 48.91 to 73.25. According to the industry distribution chart, Real Estate Split ranks #219 out of 550 companies in the Asset Management industry, placing it in the top 39.8%.
Is Real Estate Split's Gross Margin % too high?
Real Estate Split's current Gross Margin % of 70.79% is near median its 10-year median of 70.99. Over the past 10 years, this metric has ranged from a low of 48.91 to a high of 73.25. The Asset Management industry median Gross Margin % is 57.90. Real Estate Split's value of 70.79% is 22.3% above this industry median. Based on the distribution chart, Real Estate Split ranks #219 out of 550 companies in the Asset Management industry, which is above the industry midpoint. Overall, Real Estate Split has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Real Estate Split's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Real Estate Split ranks #219 out of 550 companies for Gross Margin %. This puts Real Estate Split in the upper half of its industry. The industry median Gross Margin % is 57.90. Real Estate Split's value of 70.79% is 22.3% above this benchmark. Historically, Real Estate Split's own Gross Margin % has ranged from 48.91 to 73.25 over the past decade. While the company's 10-year median is 70.99 vs. the industry median of 57.90, Real Estate Split 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.90, based on 550 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. Real Estate Split's current Gross Margin % of 70.79% is 22.3% 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 Real Estate Split and its competitors. For the Asset Management industry, the median Gross Margin % is 57.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Estate Split's current Gross Margin % is 70.79%, which is near median its own 10-year median of 70.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Estate Split stock overvalued right now?
Based on GuruFocus' analysis, Real Estate Split (TSX:RS) is currently considered Fairly Valued. The stock's GF Value™ is C$11.25, compared to a current price of C$10.30 — trading 8.4% below its estimated fair value. The current Gross Margin % is 70.79%, which is near median its 10-year median of 70.99 and 22.3% above the Asset Management industry median of 57.90. Real Estate Split's overall GF Score™ is 84/100 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 Real Estate Split (TSX:RS), the current Gross Margin % is 70.79% as of Dec. 2025. 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 Real Estate Split (TSX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Real Estate Split stock appears to be undervalued. The current stock price of C$10.30 is trading 8.4% below its estimated GF Value™ of C$11.25. GuruFocus considers Real Estate Split to be Fairly Valued.

Key valuation signals for TSX:RS:

  • Gross Margin %: 70.79% (near median its 10-year median of 70.99)
  • GF Value™: C$11.25 vs. price of C$10.30 (8.4% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 22.3% above the Asset Management median (#219 of 550)

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


Real Estate Split Business Description

Other Exchanges RS.PR.A.PFD:Canada
Address 8 Spadina Avenue, The Well, Suite 3100, Toronto, ON, CAN, M5V 0S8
Real Estate Split Corp is a mutual fund corporation. Its objective are non-cumulative monthly cash distributions; and the opportunity for capital appreciation through exposure to the portfolio. It provide holders with fixed cumulative preferential quarterly cash distributions; and return the original issue price of $10.00 to holders upon maturity. Its investment solutions are Real Estate, Healthcare, Innovation, Infrastructure, Energy, Income Plus, Global Dividends, Fixed Income.
84GF Score

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

C$10.30
Price
C$11.25
GF Value