Land Securities GroupCHIX:LANDL +5.04%67 Operating Margin % is 45.56% as of Mar. 2026, which is 23% below its 10-year median of 59.46. GuruFocus rates CHIX:LANDL with a GF Score™ of 67/100 and a GF Value™ of £6.22 (Fairly Valued). The stock has 6 warning signs investors should review. Among 750 REITs companies, Land Securities Group ranks worse than 57.6% on this metric.
Land Securities Group (CHIX:LANDl) 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 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.
Land Securities Group Operating Margin % Related Terms
Land Securities Group Operating Margin % Historical Data
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The historical data trend for Land Securities Group'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.
CHIX:LANDL vs VICI, WPC: Operating Margin % Comparison
For the REIT - Diversified subindustry, Land Securities Group'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.
Land Securities Group Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Land Securities Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Land Securities Group's Operating Margin % falls into.
Land Securities Group 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.
Land Securities Group's Operating Margin % for the fiscal year that ended in Mar. 2026 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.
Land Securities Group (CHIX:LANDL) has a Operating Margin % of 45.56% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Land Securities Group and its competitors. This is 23% below median its historical median of 59.46. Over the past decade, Land Securities Group's Operating Margin % has ranged from 48.39 to 67.48. According to the industry distribution chart, Land Securities Group ranks #432 out of 750 companies in the REITs industry, placing it in the top 57.6%.
Is Land Securities Group's Operating Margin % too high?
Land Securities Group's current Operating Margin % of 45.56% is 23% below median its 10-year median of 59.46. Over the past 10 years, this metric has ranged from a low of 48.39 to a high of 67.48. The REITs industry median Operating Margin % is 52.67. Land Securities Group's value of 45.56% is 13.5% below this industry median. Based on the distribution chart, Land Securities Group ranks #432 out of 750 companies in the REITs industry, which is below the industry midpoint. Overall, Land Securities Group has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Land Securities Group's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Land Securities Group ranks #432 out of 750 companies for Operating Margin %. This places Land Securities Group in the lower half of its industry. The industry median Operating Margin % is 52.67. Land Securities Group's value of 45.56% is 13.5% below this benchmark. Historically, Land Securities Group's own Operating Margin % has ranged from 48.39 to 67.48 over the past decade. While the company's 10-year median is 59.46 vs. the industry median of 52.67, Land Securities Group 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. Land Securities Group's current Operating Margin % of 45.56% is 13.5% 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 Land Securities Group 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. Land Securities Group's current Operating Margin % is 45.56%, which is 23% below median its own 10-year median of 59.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Land Securities Group (CHIX:LANDL) is currently considered Fairly Valued. The stock's GF Value™ is £6.22, compared to a current price of £6.57 — trading 5.5% above its estimated fair value. The current Operating Margin % is 45.56%, which is 23% below median its 10-year median of 59.46 and 13.5% below the REITs industry median of 52.67. Land Securities Group's overall GF Score™ is 67/100 with 6 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 Land Securities Group (CHIX:LANDL), the current Operating Margin % is 45.56% 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 Land Securities Group (CHIX:LANDL) Overvalued in 2026?
Based on GuruFocus' analysis, Land Securities Group stock appears to be overvalued.
The current stock price of £6.57 is trading 5.5% above its estimated GF Value™ of £6.22.
GuruFocus considers Land Securities Group to be Fairly Valued.
Key valuation signals for CHIX:LANDL:
Operating Margin %: 45.56% (23% below median its 10-year median of 59.46)
GF Value™: £6.22 vs. price of £6.57 (5.5% above fair value)
Industry Position: 13.5% below the REITs median (#432 of 750)
No single metric tells the full story. See the CHIX:LANDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London. It segments as Office-led, Retail-led, Residential-led and Other assets.
67GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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