GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Getty Realty Corp (NYSE:GTY) » Definitions » Operating Margin %

Getty Realty (Getty Realty) Operating Margin %

: 48.87% (As of Dec. 2023)
View and export this data going back to 1985. Start your Free Trial

Operating Margin % is calculated as Operating Income divided by its Revenue. Getty Realty's Operating Income for the three months ended in Dec. 2023 was $23.3 Mil. Getty Realty's Revenue for the three months ended in Dec. 2023 was $47.6 Mil. Therefore, Getty Realty's Operating Margin % for the quarter that ended in Dec. 2023 was 48.87%.

Good Sign:

Getty Realty Corp operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Getty Realty's Operating Margin % or its related term are showing as below:

GTY' s Operating Margin % Range Over the Past 10 Years
Min: 40.63   Med: 49.47   Max: 63.06
Current: 49.38


GTY's Operating Margin % is ranked worse than
54.39% of 695 companies
in the REITs industry
Industry Median: 51.83 vs GTY: 49.38

Getty Realty's 5-Year Average Operating Margin % Growth Rate was 1.40% per year.

Getty Realty's Operating Income for the three months ended in Dec. 2023 was $23.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $91.8 Mil.


Getty Realty Operating Margin % Historical Data

The historical data trend for Getty Realty's Operating 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.

* Premium members only.

Getty Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.56 51.10 47.71 63.06 49.38

Getty Realty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 62.90 49.48 50.94 48.39 48.87

Competitive Comparison

For the REIT - Retail subindustry, Getty Realty's Operating Margin %, along with its competitors' market caps and Operating 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.


Getty Realty Operating Margin % Distribution

For the REITs industry and Real Estate sector, Getty Realty's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Getty Realty's Operating Margin % falls into.



Getty Realty Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Getty Realty's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=91.765 / 185.846
=49.38 %

Getty Realty's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=23.281 / 47.642
=48.87 %

* 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.


Getty Realty  (NYSE:GTY) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Getty Realty Operating Margin % Related Terms

Thank you for viewing the detailed overview of Getty Realty's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Getty Realty (Getty Realty) Business Description

Traded in Other Exchanges
Address
292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.
Executives
Evelyn Leon Infurna director 292 MADISON AVE., 9TH FLOOR, NEW YORK NY 10017-6318
Brian Robert Dickman officer: EVP, CFO and Treasurer 411 S. OLD WOODWARD, APT. 918, BIRMINGHAM MI 48009
Leo Liebowitz director, 10 percent owner, officer: Pres. & CEO 2 JERICHO PLAZA, JERICHO NY 11753
Coviello Philip E Jr director GETTY REALTY CORP, 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Mary Louise Malanoski director 44 BARROW STREET, NEW YORK NY 10014
Richard E Montag director C/O GETTY REALTY CORP., 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Mark James Olear officer: Exec VP & Chief Operating Ofc C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753
Danion Fielding officer: VP, CFO & Treasurer TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753
Eugene Shnayderman officer: See Remarks TWO JERICHO PLAZA, WING C, SUITE 110, JERICHO NY 11753
Christopher J Constant director, officer: President & CEO 2 JERICHO PLAZA, STE 110, JERICHO NY 11753
Joshua Dicker officer: Ex VP, Gen Counsel & Secretary C/O GETTY REALTY CORP., 2 JERICHO PLAZA, SUITE 110, JERICHO NY 11753
Milton Cooper director C/O KIMCO REALTY CORP, 3333 NEW HYDE PARK RD STE 100, HYDE PARK NY 11042
James Russell Craig officer: Vice President 125 JERICHO TPKE, SUITE 103, JERICHO NY 11753
David B Driscoll director C/O MORGAN JOSEPH & CO., INC., 600 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10020-2302
Warren Wintrub director

Getty Realty (Getty Realty) Headlines

From GuruFocus

Getty Realty Corp. Provides 2023 Business Update

By Business Wire 01-10-2024

Getty Realty Corp. Announces Regular Quarterly Cash Dividend

By Business Wire Business Wire 02-21-2023

Getty Realty Corp. Announces 2022 Getty Gives Activity

By Business Wire Business Wire 12-20-2022

Getty Realty Corp. to Report First Quarter 2022 Financial Results

By Business Wire Business Wire 04-04-2022

Getty Realty Corp. to Report Fourth Quarter 2022 Financial Results

By Business Wire Business Wire 12-22-2022

Getty Realty Corp. Publishes 2023 Corporate Responsibility Report

By Business Wire Business Wire 06-05-2023

Getty Realty Corp. Publishes Inaugural Corporate Responsibility Report

By Business Wire Business Wire 06-02-2022