Dexus Industria REITASX:DXI +1.21%77 Net Margin % is 124.69% as of Dec. 2025, which is 51% above its 10-year median of 82.76. GuruFocus rates ASX:DXI with a GF Score™ of 77/100 and a GF Value™ of A$3.61 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 933 REITs companies, Dexus Industria REIT ranks better than 59.49% on this metric.
The historical rank and industry rank for Dexus Industria REIT's Net Margin % or its related term are showing as below:
ASX:DXI'
s Net Margin % Range Over the Past 10 Years
Min: -8.04 Med: 82.76 Max: 209.65
Current: 58.07
ASX:DXI's Net Margin % is ranked better than 59.49% of 933
companies
in the REITs industry
Industry Median: 45.13
vs ASX:DXI: 58.07
Dexus Industria REIT (ASX:DXI) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Dexus Industria REIT Net Margin % Related Terms
Dexus Industria REIT Net Margin % Historical Data
* Premium members only.
The historical data trend for Dexus Industria REIT's Net 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.
For the REIT - Industrial subindustry, Dexus Industria REIT's Net Margin %, along with its competitors' market caps and Net 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.
Dexus Industria REIT Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Dexus Industria REIT's Net Margin % distribution charts can be found below:
* The bar in red indicates where Dexus Industria REIT's Net Margin % falls into.
* 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.
Dexus Industria REIT (ASX:DXI) has a Net Margin % of 124.69% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Dexus Industria REIT and its competitors. This is 51% above median its historical median of 82.76. According to the industry distribution chart, Dexus Industria REIT ranks #378 out of 933 companies in the REITs industry, placing it in the top 40.5%.
Is Dexus Industria REIT's Net Margin % too high?
Dexus Industria REIT's current Net Margin % of 124.69% is 51% above median its 10-year median of 82.76. The REITs industry median Net Margin % is 45.13. Dexus Industria REIT's value of 124.69% is 176.3% above this industry median. Based on the distribution chart, Dexus Industria REIT ranks #378 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Dexus Industria REIT has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexus Industria REIT's Net Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Dexus Industria REIT ranks #378 out of 933 companies for Net Margin %. This puts Dexus Industria REIT in the upper half of its industry. The industry median Net Margin % is 45.13. Dexus Industria REIT's value of 124.69% is 176.3% above this benchmark. While the company's 10-year median is 82.76 vs. the industry median of 45.13, Dexus Industria 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.13, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dexus Industria REIT's current Net Margin % of 124.69% is 176.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Dexus Industria REIT and its competitors. For the REITs industry, the median Net Margin % is 45.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexus Industria REIT's current Net Margin % is 124.69%, which is 51% above median its own 10-year median of 82.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus Industria REIT stock overvalued right now?
Based on GuruFocus' analysis, Dexus Industria REIT (ASX:DXI) is currently considered Possible Value Trap. The stock's GF Value™ is A$3.61, compared to a current price of A$2.50 — trading 30.7% below its estimated fair value. The current Net Margin % is 124.69%, which is 51% above median its 10-year median of 82.76 and 176.3% above the REITs industry median of 45.13. Dexus Industria REIT's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Dexus Industria REIT (ASX:DXI), the current Net Margin % is 124.69% 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 Dexus Industria REIT (ASX:DXI) Overvalued in 2026?
Based on GuruFocus' analysis, Dexus Industria REIT stock appears to be undervalued.
The current stock price of A$2.50 is trading 30.7% below its estimated GF Value™ of A$3.61.
GuruFocus considers Dexus Industria REIT to be Possible Value Trap.
Key valuation signals for ASX:DXI:
Net Margin %: 124.69% (51% above median its 10-year median of 82.76)
GF Value™: A$3.61 vs. price of A$2.50 (30.7% below fair value)
Industry Position: 176.3% above the REITs median (#378 of 933)
No single metric tells the full story. See the ASX:DXI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakot precinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industria was rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industria is externally managed by Dexus, which holds a 18% stake in the REIT.
77GF Score
Get the complete analysis for ASX:DXI
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:DXI has been successfully added to your 
