Host Hotels & ResortsBSP:H1ST34 76 Operating Margin % is 18.97% as of Mar. 2026, which is 47% above its 10-year median of 12.94. GuruFocus rates BSP:H1ST34 with a GF Score™ of 76/100 and a GF Value™ of R$105.07 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 750 REITs companies, Host Hotels & Resorts ranks worse than 85.6% on this metric.
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.
Host Hotels & Resorts Operating Margin % Related Terms
Host Hotels & Resorts Operating Margin % Historical Data
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The historical data trend for Host Hotels & Resorts'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.
BSP:H1ST34 vs RHP, APLE, PK: Operating Margin % Comparison
For the REIT - Hotel & Motel subindustry, Host Hotels & Resorts'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.
Host Hotels & Resorts Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Host Hotels & Resorts's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Host Hotels & Resorts's Operating Margin % falls into.
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.
Host Hotels & Resorts's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Host Hotels & Resorts (BSP:H1ST34) has a Operating Margin % of 18.97% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Host Hotels & Resorts and its competitors. This is 47% above median its historical median of 12.94. According to the industry distribution chart, Host Hotels & Resorts ranks #642 out of 750 companies in the REITs industry, placing it in the top 85.6%.
Is Host Hotels & Resorts' Operating Margin % too high?
Host Hotels & Resorts' current Operating Margin % of 18.97% is 47% above median its 10-year median of 12.94. The REITs industry median Operating Margin % is 52.67. Host Hotels & Resorts' value of 18.97% is 64% below this industry median. Based on the distribution chart, Host Hotels & Resorts ranks #642 out of 750 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Host Hotels & Resorts has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Host Hotels & Resorts' Operating Margin % compare to RHP and APLE?
According to the REITs industry distribution chart, Host Hotels & Resorts ranks #642 out of 750 companies for Operating Margin %. This places Host Hotels & Resorts in the lower half of its industry. The industry median Operating Margin % is 52.67. Host Hotels & Resorts' value of 18.97% is 64% below this benchmark. While the company's 10-year median is 12.94 vs. the industry median of 52.67, Host Hotels & Resorts 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 Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.67, based on 750 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. Host Hotels & Resorts's current Operating Margin % of 18.97% is 64% 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 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 Host Hotels & Resorts and its competitors. For the REITs industry, the median Operating Margin % is 52.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Host Hotels & Resorts's current Operating Margin % is 18.97%, which is 47% above median its own 10-year median of 12.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Host Hotels & Resorts stock overvalued right now?
Based on GuruFocus' analysis, Host Hotels & Resorts (BSP:H1ST34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$105.07, compared to a current price of R$129.87 — trading 23.6% above its estimated fair value. The current Operating Margin % is 18.97%, which is 47% above median its 10-year median of 12.94 and 64% below the REITs industry median of 52.67. Host Hotels & Resorts' overall GF Score™ is 76/100 with 8 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 Host Hotels & Resorts (BSP:H1ST34), the current Operating Margin % is 18.97% 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 Host Hotels & Resorts (BSP:H1ST34) Overvalued in 2026?
Based on GuruFocus' analysis, Host Hotels & Resorts stock appears to be overvalued.
The current stock price of R$129.87 is trading 23.6% above its estimated GF Value™ of R$105.07.
GuruFocus considers Host Hotels & Resorts to be Modestly Overvalued.
Key valuation signals for BSP:H1ST34:
Operating Margin %: 18.97% (47% above median its 10-year median of 12.94)
GF Value™: R$105.07 vs. price of R$129.87 (23.6% above fair value)
Industry Position: 64% below the REITs median (#642 of 750)
No single metric tells the full story. See the BSP:H1ST34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Host Hotels & Resorts owns 78 predominantly urban and resort upper-upscale and luxury hotel properties representing over 42,000 rooms, mainly in the United States. Host sold off the company's interests in a joint venture owning a portfolio of hotels throughout Europe and also sold other joint ventures that owned properties in Asia and the United States. The majority of Host's portfolio operates under the Marriott and Starwood brands.
76GF Score
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