Workspace Group (CHIX:WKPL) Gross Profit: £113.4 Mil (TTM As of Mar. 2026)

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CHIX:WKPL Workspace Group PLC CHIX:WKPL
67 GF Score
Price £3.56
GF Value £4.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Workspace Group Gross Profit?

Workspace Group CHIX:WKPL +0.45% 67 Gross Profit is £113.4 Mil as of Mar. 2026. GuruFocus rates CHIX:WKPL with a GF Score™ of 67/100 and a GF Value™ of £4.28 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Workspace Group's gross profit for the six months ended in Mar. 2026 was £54.7 Mil. Workspace Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was £113.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Workspace Group's gross profit for the six months ended in Mar. 2026 was £54.7 Mil. Workspace Group's Revenue for the six months ended in Mar. 2026 was £91.3 Mil. Therefore, Workspace Group's Gross Margin % for the quarter that ended in Mar. 2026 was 59.91%.

Workspace Group had a gross margin of 59.91% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Workspace Group was 75.59%. The lowest was 57.27%. And the median was 67.71%.


Workspace Group  (CHIX:WKPl) Gross Profit 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

Workspace Group had a gross margin of 59.91% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Workspace Group Gross Profit Related Terms


Workspace Group Gross Profit Historical Data

* Premium members only.

The historical data trend for Workspace Group's Gross Profit 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.

Workspace Group Gross Profit Chart

Workspace Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.70 116.60 126.20 122.10 113.40

Workspace Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Profit 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 65.20 60.50 61.60 58.70 54.70

CHIX:WKPL vs BXP, ARE, VNO: Gross Profit Comparison

For the REIT - Office subindustry, Workspace Group's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Workspace Group Gross Profit vs REITs Industry

For the REITs industry and Real Estate sector, Workspace Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Workspace Group's Gross Profit falls into.


CHIX:WKPL
67GF Score
Workspace Group PLC CHIX:WKPL
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Workspace Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Workspace Group's Gross Profit for the fiscal year that ended in Mar. 2026 is calculated as

Gross Profit (A: Mar. 2026 )=Revenue - Cost of Goods Sold
=181.4 - 68
=113.4

Workspace Group's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=91.3 - 36.6
=54.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £113.4 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Workspace 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=54.7 / 91.3
=59.91 %

* 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 Profit →
What does a Gross Profit of £113.4 Mil mean?
Workspace Group (CHIX:WKPL) has a Gross Profit of £113.4 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Workspace Group and its competitors.
Is Workspace Group's Gross Profit too high?
Workspace Group's current Gross Profit is £113.4 Mil. Overall, Workspace Group has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workspace Group's Gross Profit compare to BXP and ARE?
Workspace Group's Gross Profit of £113.4 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a REITs company?
A good Gross Profit depends on the REITs industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Workspace Group and its competitors. Workspace Group's current Gross Profit is £113.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workspace Group stock overvalued right now?
Based on GuruFocus' analysis, Workspace Group (CHIX:WKPL) is currently considered Modestly Undervalued. The stock's GF Value™ is £4.28, compared to a current price of £3.56 — trading 16.8% below its estimated fair value. The current Gross Profit is £113.4 Mil. Workspace Group's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Workspace Group (CHIX:WKPL), the current Gross Profit is £113.4 Mil 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 Workspace Group (CHIX:WKPL) Overvalued in 2026?

Based on GuruFocus' analysis, Workspace Group stock appears to be undervalued. The current stock price of £3.56 is trading 16.8% below its estimated GF Value™ of £4.28. GuruFocus considers Workspace Group to be Modestly Undervalued.

Key valuation signals for CHIX:WKPL:

  • Gross Profit: £113.4 Mil
  • GF Value™: £4.28 vs. price of £3.56 (16.8% below fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Workspace Group Business Description

Industry Real EstateREITs
Other Exchanges WKPPF:USAWKP:UKWRX1:Germany
Address 1-3 Brixton Road, Canterbury Court, Kennington Park, London, GBR, SW9 6DE
Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.
67GF Score

Get the complete analysis for CHIX:WKPL

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

£3.56
Price
£4.28
GF Value