Warehouses De Pauw (WBO:WDP) Gross Margin %: 81.71% (As of Mar. 2026) — Near Median


WBO:WDP Warehouses De Pauw SA WBO:WDP
63 GF Score
Price €22.42
GF Value €23.83
Valuation Fairly Valued
! 8 Warning Signs
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What is Warehouses De Pauw Gross Margin %?

Warehouses De Pauw WBO:WDP +2.84% 63 Gross Margin % is 81.71% as of Mar. 2026, which is 9% below its 10-year median of 89.33. GuruFocus rates WBO:WDP with a GF Score™ of 63/100 and a GF Value™ of €23.83 (Fairly Valued). The stock has 8 warning signs investors should review. Among 680 REITs companies, Warehouses De Pauw ranks better than 83.82% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Warehouses De Pauw's Gross Profit for the three months ended in Mar. 2026 was €111.3 Mil. Warehouses De Pauw's Revenue for the three months ended in Mar. 2026 was €136.2 Mil. Therefore, Warehouses De Pauw's Gross Margin % for the quarter that ended in Mar. 2026 was 81.71%.


The historical rank and industry rank for Warehouses De Pauw's Gross Margin % or its related term are showing as below:

WBO:WDP' s Gross Margin % Range Over the Past 10 Years
Min: 86.3   Med: 89.33   Max: 91.26
Current: 89.79


During the past 13 years, the highest Gross Margin % of Warehouses De Pauw was 91.26%. The lowest was 86.30%. And the median was 89.33%.

WBO:WDP's Gross Margin % is ranked better than
83.82% of 680 companies
in the REITs industry
Industry Median: 69.61 vs WBO:WDP: 89.79

Warehouses De Pauw had a gross margin of 81.71% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Warehouses De Pauw was -0.40% per year.


Warehouses De Pauw  (WBO:WDP) 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

Warehouses De Pauw had a gross margin of 81.71% 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.


Warehouses De Pauw Gross Margin % Related Terms


Warehouses De Pauw Gross Margin % Historical Data

* Premium members only.

The historical data trend for Warehouses De Pauw'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.

Warehouses De Pauw Gross Margin % Chart

Warehouses De Pauw 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 89.44 86.30 86.57 87.70 87.88

Warehouses De Pauw 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 74.74 95.88 92.65 90.33 81.71

WBO:WDP vs PLD, PSA, EXR: Gross Margin % Comparison

For the REIT - Industrial subindustry, Warehouses De Pauw'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.


Warehouses De Pauw Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Warehouses De Pauw's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Warehouses De Pauw's Gross Margin % falls into.


WBO:WDP
63GF Score
Warehouses De Pauw SA WBO:WDP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Warehouses De Pauw Gross Margin % Calculation

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

Warehouses De Pauw'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 )
=436.6 / 496.794
=(Revenue - Cost of Goods Sold) / Revenue
=(496.794 - 60.187) / 496.794
=87.88 %

Warehouses De Pauw'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 )
=111.3 / 136.173
=(Revenue - Cost of Goods Sold) / Revenue
=(136.173 - 24.91) / 136.173
=81.71 %

* 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 81.71% mean?
Warehouses De Pauw (WBO:WDP) has a Gross Margin % of 81.71% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Warehouses De Pauw and its competitors. This is near median its historical median of 89.33. Over the past decade, Warehouses De Pauw's Gross Margin % has ranged from 86.30 to 91.26. According to the industry distribution chart, Warehouses De Pauw ranks #110 out of 680 companies in the REITs industry, placing it in the top 16.2%.
Is Warehouses De Pauw's Gross Margin % too high?
Warehouses De Pauw's current Gross Margin % of 81.71% is near median its 10-year median of 89.33. Over the past 10 years, this metric has ranged from a low of 86.30 to a high of 91.26. The REITs industry median Gross Margin % is 69.61. Warehouses De Pauw's value of 81.71% is 17.4% above this industry median. Based on the distribution chart, Warehouses De Pauw ranks #110 out of 680 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Warehouses De Pauw has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Warehouses De Pauw's Gross Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Warehouses De Pauw ranks #110 out of 680 companies for Gross Margin %. This places Warehouses De Pauw in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.61. Warehouses De Pauw's value of 81.71% is 17.4% above this benchmark. Historically, Warehouses De Pauw's own Gross Margin % has ranged from 86.30 to 91.26 over the past decade. While the company's 10-year median is 89.33 vs. the industry median of 69.61, Warehouses De Pauw 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 69.61, 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. Warehouses De Pauw's current Gross Margin % of 81.71% is 17.4% 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 Warehouses De Pauw and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warehouses De Pauw's current Gross Margin % is 81.71%, which is near median its own 10-year median of 89.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouses De Pauw stock overvalued right now?
Based on GuruFocus' analysis, Warehouses De Pauw (WBO:WDP) is currently considered Fairly Valued. The stock's GF Value™ is €23.83, compared to a current price of €22.42 — trading 5.9% below its estimated fair value. The current Gross Margin % is 81.71%, which is near median its 10-year median of 89.33 and 17.4% above the REITs industry median of 69.61. Warehouses De Pauw's overall GF Score™ is 63/100 with 8 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 Warehouses De Pauw (WBO:WDP), the current Gross Margin % is 81.71% 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 Warehouses De Pauw (WBO:WDP) Overvalued in 2026?

Based on GuruFocus' analysis, Warehouses De Pauw stock appears to be undervalued. The current stock price of €22.42 is trading 5.9% below its estimated GF Value™ of €23.83. GuruFocus considers Warehouses De Pauw to be Fairly Valued.

Key valuation signals for WBO:WDP:

  • Gross Margin %: 81.71% (near median its 10-year median of 89.33)
  • GF Value™: €23.83 vs. price of €22.42 (5.9% below fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 17.4% above the REITs median (#110 of 680)

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


Warehouses De Pauw Business Description

Industry Real EstateREITs
Address Blakebergen 15, Meise, Wolvertem, BEL, 1861
Warehouses De Pauw SA is a real estate investment trust engaged in the acquisition and development of storage, distribution, and semi-industrial and logistics facilities throughout Europe. The vast majority of the company's real estate portfolio in terms of square footage and total rental value is made up of general warehouse space, while offices represent a smaller amount. Warehouses De Pauw derives the majority of its revenue in the form of rental income. The company's tenants in terms of revenue include solar panels, third-party logistics firms, and food industry companies. Its geographical operating segments are the Netherlands, which derives maximum revenue, Belgium, France, Germany, Romania, and Luxembourg.
63GF Score

Get the complete analysis for WBO:WDP

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

€22.42
Price
€23.83
GF Value