SRRTF (Slate Grocery REIT) Net Margin %: 24.07% (As of Mar. 2026) — Near Median


SRRTF Slate Grocery REIT SRRTF
71 GF Score
Price $12.41
GF Value $10.94
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Slate Grocery REIT Net Margin %?

Slate Grocery REIT SRRTF +1.39% 71 Net Margin % is 24.07% as of Mar. 2026, which is 1% below its 10-year median of 24.35. GuruFocus rates SRRTF with a GF Score™ of 71/100 and a GF Value™ of $10.94 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 928 REITs companies, Slate Grocery REIT ranks worse than 69.72% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Slate Grocery REIT's Net Income for the three months ended in Mar. 2026 was $14.3 Mil. Slate Grocery REIT's Revenue for the three months ended in Mar. 2026 was $59.3 Mil. Therefore, Slate Grocery REIT's net margin for the quarter that ended in Mar. 2026 was 24.07%.

The historical rank and industry rank for Slate Grocery REIT's Net Margin % or its related term are showing as below:

SRRTF' s Net Margin % Range Over the Past 10 Years
Min: -4.78   Med: 24.35   Max: 72.57
Current: 20.44


SRRTF's Net Margin % is ranked worse than
69.72% of 928 companies
in the REITs industry
Industry Median: 44.95 vs SRRTF: 20.44

Slate Grocery REIT  (OTCPK:SRRTF) 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.


Slate Grocery REIT Net Margin % Related Terms


Slate Grocery REIT Net Margin % Historical Data

* Premium members only.

The historical data trend for Slate Grocery 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.

Slate Grocery REIT Net Margin % Chart

Slate Grocery REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.72 72.57 6.69 18.97 20.33

Slate Grocery REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 24.03 20.78 15.44 21.09 24.07

SRRTF vs SPG, O, KIM: Net Margin % Comparison

For the REIT - Retail subindustry, Slate Grocery 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.


Slate Grocery REIT Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Slate Grocery REIT's Net Margin % distribution charts can be found below:

* The bar in red indicates where Slate Grocery REIT's Net Margin % falls into.


SRRTF
71GF Score
Slate Grocery REIT SRRTF
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Slate Grocery REIT Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Slate Grocery REIT's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=43.386/213.369
=20.33 %

Slate Grocery REIT's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=14.28/59.322
=24.07 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 24.07% mean?
Slate Grocery REIT (SRRTF) has a Net Margin % of 24.07% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Slate Grocery REIT and its competitors. This is near median its historical median of 24.35. According to the industry distribution chart, Slate Grocery REIT ranks #647 out of 928 companies in the REITs industry, placing it in the top 69.7%.
Is Slate Grocery REIT's Net Margin % too high?
Slate Grocery REIT's current Net Margin % of 24.07% is near median its 10-year median of 24.35. The REITs industry median Net Margin % is 44.95. Slate Grocery REIT's value of 24.07% is 46.5% below this industry median. Based on the distribution chart, Slate Grocery REIT ranks #647 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Slate Grocery REIT has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Slate Grocery REIT's Net Margin % compare to SPG and O?
According to the REITs industry distribution chart, Slate Grocery REIT ranks #647 out of 928 companies for Net Margin %. This places Slate Grocery REIT in the lower half of its industry. The industry median Net Margin % is 44.95. Slate Grocery REIT's value of 24.07% is 46.5% below this benchmark. While the company's 10-year median is 24.35 vs. the industry median of 44.95, Slate Grocery REIT has consistently been below 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 44.95, based on 928 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. Slate Grocery REIT's current Net Margin % of 24.07% is 46.5% below 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 Slate Grocery REIT and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Slate Grocery REIT's current Net Margin % is 24.07%, which is near median its own 10-year median of 24.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slate Grocery REIT stock overvalued right now?
Based on GuruFocus' analysis, Slate Grocery REIT (SRRTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.94, compared to a current price of $12.41 — trading 13.4% above its estimated fair value. The current Net Margin % is 24.07%, which is near median its 10-year median of 24.35 and 46.5% below the REITs industry median of 44.95. Slate Grocery REIT's overall GF Score™ is 71/100 with 14 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 Slate Grocery REIT (SRRTF), the current Net Margin % is 24.07% 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 Slate Grocery REIT (SRRTF) Overvalued in 2026?

Based on GuruFocus' analysis, Slate Grocery REIT stock appears to be overvalued. The current stock price of $12.41 is trading 13.4% above its estimated GF Value™ of $10.94. GuruFocus considers Slate Grocery REIT to be Modestly Overvalued.

Key valuation signals for SRRTF:

  • Net Margin %: 24.07% (near median its 10-year median of 24.35)
  • GF Value™: $10.94 vs. price of $12.41 (13.4% above fair value)
  • GF Score™: 71/100 with 14 warning signs
  • Industry Position: 46.5% below the REITs median (#647 of 928)

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


Slate Grocery REIT Business Description

Industry Real EstateREITs
Other Exchanges SGR.U:CanadaSGR.UN:Canada
Address 121 King Street West, Suite 1600, Toronto, ON, CAN, M5H 3T9
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties.
71GF Score

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

$12.41
Price
$10.94
GF Value