Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) Operating Margin %: 81.31% (As of Dec. 2025) — Near Median

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BSP:HGRU11 Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd BSP:HGRU11
70 GF Score
Price R$125.25
GF Value R$107.60
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Operating Margin %?

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp BSP:HGRU11 +1.52% 70 Operating Margin % is 81.31% as of Dec. 2025, which is 5% below its 10-year median of 85.56. GuruFocus rates BSP:HGRU11 with a GF Score™ of 70/100 and a GF Value™ of R$107.60 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 734 REITs companies, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ranks better than 89.24% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Income for the six months ended in Dec. 2025 was R$193.9 Mil. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Revenue for the six months ended in Dec. 2025 was R$238.5 Mil. Therefore, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % for the quarter that ended in Dec. 2025 was 81.31%.

The historical rank and industry rank for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % or its related term are showing as below:

BSP:HGRU11' s Operating Margin % Range Over the Past 10 Years
Min: 81.31   Med: 85.56   Max: 90.82
Current: 81.31


BSP:HGRU11's Operating Margin % is ranked better than
89.24% of 734 companies
in the REITs industry
Industry Median: 52.645 vs BSP:HGRU11: 81.31

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's 5-Year Average Operating Margin % Growth Rate was -0.20% per year.

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Income for the six months ended in Dec. 2025 was R$193.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was R$193.9 Mil.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp  (BSP:HGRU11) 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.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Operating Margin % Related Terms


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Operating Margin % Historical Data

* Premium members only.

The historical data trend for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp'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.

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Operating Margin % Chart

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 87.65 85.56 83.81 89.77 81.31

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin % Get a 7-Day Free Trial 87.65 85.56 83.81 89.77 81.31

BSP:HGRU11 vs VICI, WPC: Operating Margin % Comparison

For the REIT - Diversified subindustry, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp'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.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % falls into.


BSP:HGRU11
70GF Score
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd BSP:HGRU11
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Patria Renda Urbana - Fundo De Investimento Imobiliario Resp 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.

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=193.921 / 238.504
=81.31 %

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=193.921 / 238.504
=81.31 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 81.31% mean?
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) has a Operating Margin % of 81.31% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Patria Renda Urbana - Fundo De Investimento Imobiliario Resp and its competitors. This is near median its historical median of 85.56. Over the past decade, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % has ranged from 81.31 to 90.82. According to the industry distribution chart, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ranks #79 out of 734 companies in the REITs industry, placing it in the top 10.8%.
Is Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % too high?
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's current Operating Margin % of 81.31% is near median its 10-year median of 85.56. Over the past 10 years, this metric has ranged from a low of 81.31 to a high of 90.82. The REITs industry median Operating Margin % is 52.65. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's value of 81.31% is 54.4% above this industry median. Based on the distribution chart, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ranks #79 out of 734 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ranks #79 out of 734 companies for Operating Margin %. This places Patria Renda Urbana - Fundo De Investimento Imobiliario Resp in the top 11% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 52.65. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's value of 81.31% is 54.4% above this benchmark. Historically, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's own Operating Margin % has ranged from 81.31 to 90.82 over the past decade. While the company's 10-year median is 85.56 vs. the industry median of 52.65, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp 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. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's current Operating Margin % of 81.31% is 54.4% 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 Patria Renda Urbana - Fundo De Investimento Imobiliario Resp 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. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's current Operating Margin % is 81.31%, which is near median its own 10-year median of 85.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Renda Urbana - Fundo De Investimento Imobiliario Resp stock overvalued right now?
Based on GuruFocus' analysis, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) is currently considered Modestly Overvalued. The stock's GF Value™ is R$107.60, compared to a current price of R$125.25 — trading 16.4% above its estimated fair value. The current Operating Margin % is 81.31%, which is near median its 10-year median of 85.56 and 54.4% above the REITs industry median of 52.65. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's overall GF Score™ is 70/100 with 4 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 Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11), the current Operating Margin % is 81.31% as of Dec. 2025. 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 Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) Overvalued in 2026?

Based on GuruFocus' analysis, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp stock appears to be overvalued. The current stock price of R$125.25 is trading 16.4% above its estimated GF Value™ of R$107.60. GuruFocus considers Patria Renda Urbana - Fundo De Investimento Imobiliario Resp to be Modestly Overvalued.

Key valuation signals for BSP:HGRU11:

  • Operating Margin %: 81.31% (near median its 10-year median of 85.56)
  • GF Value™: R$107.60 vs. price of R$125.25 (16.4% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 54.4% above the REITs median (#79 of 734)

No single metric tells the full story. See the BSP:HGRU11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Business Description

Industry Real EstateREITs
Address Leopoldo Couto de Magalhaes Jr. Street, 700, 11th Floor- Itaim Bibi, Sao Paulo, SP, BRA, 04542-000
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd formerly Credit Suisse Hedging-Griffo CV SA is engaged in the development of urban real estate projects for institutional and commercial use, that potentially generate income through sale, lease, or rental, prioritizing the acquisition of institutional or commercial real estate projects other than office buildings, shopping malls, or logistics facilities.
70GF Score

Get the complete analysis for BSP:HGRU11

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$125.25
Price
R$107.60
GF Value