SPGNEUTRAL

SPG Gross Margin Analysis

80.3%

Updated 321h ago·SEC filings & market data

Key Takeaway

Gross margin is the share of revenue left after paying direct costs, and SPG's 80.3% means it keeps about 80 cents of every sales dollar before other expenses like interest or taxes.

Sector Performance

93th percentile

SPG

80.3%

Sector Median

46.6%

Sector Avg

47.6%

Prior Period

82.5%(May 2026)

↓ Declining

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Deep Analysis

Gross margin is the share of revenue left after paying direct costs, and SPG's 80.3% means it keeps about 80 cents of every sales dollar before other expenses like interest or taxes.

This level sits far above the sector median of 46.4%, placing the company in the 93rd percentile of its peer group. Trend data is unavailable: the year-over-year change is N/A and the quarter-over-quarter change is N/A, with the only historical value being 80.3%, so no momentum can be assessed. The combination of a very high gross margin with no trend information indicates an established cost advantage, but the lack of change data leaves the stability of that advantage unverified. This metric supports the NEUTRAL verdict because the strong margin is a positive, yet without a trend it cannot justify moving to a bullish stance.

Frequently Asked Questions

What does the Gross Margin tell investors about SPG?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are SPG's closest peers by Gross Margin?

The closest peers by Gross Margin include: LVS (46.9%), ORLY (51.4%), MPWR (55.2%), NEM (56.0%), REI (56.0%).

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Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.