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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 Nokias 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.
Quality Houses Business Complex Leasehold REIT Operating Margin % Related Terms
Quality Houses Business Complex Leasehold REIT Operating Margin % Historical Data
* 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.
Quality Houses Business Complex Leasehold REIT Operating Margin % Chart
Quality Houses Business Complex Leasehold REIT Annual Data
BKK:QHBREIT vs BXP, ARE, VNO: Operating Margin % Comparison
For the REIT - Office subindustry, Quality Houses Business Complex Leasehold REIT'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.
Quality Houses Business Complex Leasehold REIT Operating Margin % vs REITs Industry
Quality Houses Business Complex Leasehold REIT 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.
* 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.
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a Operating Margin % of 69.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Quality Houses Business Complex Leasehold REIT and its competitors. This is near median its historical median of 66.44. Over the past decade, Quality Houses Business Complex Leasehold REIT's Operating Margin % has ranged from 64.23 to 74.56. According to the industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #196 out of 734 companies in the REITs industry, placing it in the top 26.7%.
Is Quality Houses Business Complex Leasehold REIT's Operating Margin % too high?
Quality Houses Business Complex Leasehold REIT's current Operating Margin % of 69.64% is near median its 10-year median of 66.44. Over the past 10 years, this metric has ranged from a low of 64.23 to a high of 74.56. The REITs industry median Operating Margin % is 52.65. Quality Houses Business Complex Leasehold REIT's value of 69.64% is 32.3% above this industry median. Based on the distribution chart, Quality Houses Business Complex Leasehold REIT ranks #196 out of 734 companies in the REITs industry, which is above the industry midpoint. Overall, Quality Houses Business Complex Leasehold REIT has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Quality Houses Business Complex Leasehold REIT's Operating Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Quality Houses Business Complex Leasehold REIT ranks #196 out of 734 companies for Operating Margin %. This puts Quality Houses Business Complex Leasehold REIT in the upper half of its industry. The industry median Operating Margin % is 52.65. Quality Houses Business Complex Leasehold REIT's value of 69.64% is 32.3% above this benchmark. Historically, Quality Houses Business Complex Leasehold REIT's own Operating Margin % has ranged from 64.23 to 74.56 over the past decade. While the company's 10-year median is 66.44 vs. the industry median of 52.65, Quality Houses Business Complex Leasehold 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 Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.65, based on 734 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quality Houses Business Complex Leasehold REIT's current Operating Margin % of 69.64% is 32.3% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Quality Houses Business Complex Leasehold REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality Houses Business Complex Leasehold REIT's current Operating Margin % is 69.64%, which is near median its own 10-year median of 66.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Houses Business Complex Leasehold REIT stock overvalued right now?
Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT) has a current Operating Margin % of 69.64%. The current Operating Margin % is 69.64%, which is near median its 10-year median of 66.44 and 32.3% above the REITs industry median of 52.65. Quality Houses Business Complex Leasehold REIT's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Quality Houses Business Complex Leasehold REIT (BKK:QHBREIT), the current Operating Margin % is 69.64% 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.
Quality Houses Business Complex Leasehold REIT is a Thailand-based closed-end property trust. It purchases, leases, and subleases immovable properties, and seeks benefits by way of letting, subletting transfer, or disposal of those immovable properties. Its properties include the Q House Ploenchit Building, Q House Lumpini Building, and Wave Place Building. The company operates in one reportable operating segment, which is Rental of immovable properties. Its operations are located in Thailand.
44GF Score
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