Franklin Street Properties (FSP) Gross Margin (2009 - 2025)
Franklin Street Properties (FSP) posted quarterly Gross Margin of 60.91% for Q3 2025, down 9.0% year-over-year from 66.94% in Q3 2024, and up 1.62% quarter-over-quarter from 59.94% in Q2 2025.
Franklin Street Properties (FSP) Gross Margin (2009 - 2025) Analysis & Trends
Franklin Street Properties (FSP) has reported Gross Margin for 12 consecutive years, with 60.91% the latest figure, recorded in Q3 2025.
- In Q3 2025, Gross Margin fell 9.0% year-over-year to 60.91%; the TTM figure through Sep 2025 stood at 60.83% (down 224.0% YoY), while the FY2024 annual figure was 62.5%, down 268.0% from the prior year.
- Gross Margin rose to 60.91% in Q3 2025 per FSP's latest filing, from 59.94% in the prior quarter.
- Across five years, Gross Margin topped out at 73.0% in Q1 2021 and bottomed at 59.74% in Q4 2024.
- Historically, Gross Margin has averaged 65.71% across 5 years, with a median of 65.32% in 2023.
- On a YoY basis, Gross Margin climbed as much as 47 bps in 2021 and fell as far as 592 bps in 2021.
- Franklin Street Properties' Gross Margin stood at 64.92% in 2021, then climbed by 1 bps to 65.37% in 2022, then declined by 5 bps to 62.31% in 2023, then retreated by 4 bps to 59.74% in 2024, then climbed by 2 bps to 60.91% in 2025.
- Business Quant data shows FSP's Gross Margin at 60.91% in Q3 2025, 59.94% in Q2 2025, and 62.76% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - | - |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn | 68.47% |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn | 77.92% |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn | 96.95% |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn | 99.99% |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn | 69.75% |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 61.15% |
| 10 | Franklin Street Properties | 46.95 Mn | 16.38 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 60.91% |
| Jun 30, 2025 | 59.94% |
| Mar 31, 2025 | 62.76% |
| Dec 31, 2024 | 59.74% |
| Sep 30, 2024 | 61.01% |
| Jun 30, 2024 | 64.23% |
| Mar 31, 2024 | 64.71% |
| Dec 31, 2023 | 62.31% |
| Sep 30, 2023 | 65.32% |
| Jun 30, 2023 | 66.53% |
| Mar 31, 2023 | 66.40% |
| Dec 31, 2022 | 65.37% |
| Sep 30, 2022 | 67.26% |
| Jun 30, 2022 | 70.11% |
| Mar 31, 2022 | 69.63% |
| Dec 31, 2021 | 64.92% |
| Sep 30, 2021 | 71.71% |
| Jun 30, 2021 | 72.66% |
| Mar 31, 2021 | 73.00% |
| Dec 31, 2020 | 70.84% |