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Firm Capital Apartment REITFCAFF 68 Operating Margin % is 10.49% as of Mar. 2026, which is 9% below its 10-year median of 11.55. GuruFocus rates FCAFF with a GF Score™ of 68/100 and a GF Value™ of $2.36. The stock has 5 warning signs investors should review. Among 742 REITs companies, Firm Capital Apartment REIT ranks worse than 87.2% on this metric.
Firm Capital Apartment REIT (OTCPK:FCAFF) 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.
Firm Capital Apartment REIT Operating Margin % Related Terms
Firm Capital Apartment 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.
Firm Capital Apartment REIT Operating Margin % Chart
FCAFF vs AVB, EQR, ESS: Operating Margin % Comparison
For the REIT - Residential subindustry, Firm Capital Apartment 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.
Firm Capital Apartment REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Firm Capital Apartment REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Firm Capital Apartment REIT's Operating Margin % falls into.
Firm Capital Apartment 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.
Firm Capital Apartment REIT'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.
Firm Capital Apartment REIT (FCAFF) has a Operating Margin % of 10.49% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Firm Capital Apartment REIT and its competitors. This is near median its historical median of 11.55. Over the past decade, Firm Capital Apartment REIT's Operating Margin % has ranged from 5.89 to 28.81. According to the industry distribution chart, Firm Capital Apartment REIT ranks #647 out of 742 companies in the REITs industry, placing it in the top 87.2%.
Is Firm Capital Apartment REIT's Operating Margin % too high?
Firm Capital Apartment REIT's current Operating Margin % of 10.49% is near median its 10-year median of 11.55. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 28.81. The REITs industry median Operating Margin % is 52.73. Firm Capital Apartment REIT's value of 10.49% is 80.1% below this industry median. Based on the distribution chart, Firm Capital Apartment REIT ranks #647 out of 742 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Firm Capital Apartment REIT has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Firm Capital Apartment REIT's Operating Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Firm Capital Apartment REIT ranks #647 out of 742 companies for Operating Margin %. This places Firm Capital Apartment REIT in the lower half of its industry. The industry median Operating Margin % is 52.73. Firm Capital Apartment REIT's value of 10.49% is 80.1% below this benchmark. Historically, Firm Capital Apartment REIT's own Operating Margin % has ranged from 5.89 to 28.81 over the past decade. While the company's 10-year median is 11.55 vs. the industry median of 52.73, Firm Capital Apartment REIT 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 52.73, based on 742 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. Firm Capital Apartment REIT's current Operating Margin % of 10.49% is 80.1% 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 Firm Capital Apartment REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firm Capital Apartment REIT's current Operating Margin % is 10.49%, which is near median its own 10-year median of 11.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firm Capital Apartment REIT stock overvalued right now?
Firm Capital Apartment REIT (FCAFF) has a current Operating Margin % of 10.49%. The stock's GF Value™ is $2.36, compared to a current price of $2.75 — trading 16.5% above its estimated fair value. The current Operating Margin % is 10.49%, which is near median its 10-year median of 11.55 and 80.1% below the REITs industry median of 52.73. Firm Capital Apartment REIT's overall GF Score™ is 68/100 with 5 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 Firm Capital Apartment REIT (FCAFF), the current Operating Margin % is 10.49% 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 Firm Capital Apartment REIT (FCAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Firm Capital Apartment REIT stock appears to be overvalued.
The current stock price of $2.75 is trading 16.5% above its estimated GF Value™ of $2.36.
Key valuation signals for FCAFF:
Operating Margin %: 10.49% (near median its 10-year median of 11.55)
GF Value™: $2.36 vs. price of $2.75 (16.5% above fair value)
Industry Position: 80.1% below the REITs median (#647 of 742)
No single metric tells the full story. See the FCAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firm Capital Apartment REIT is a real estate investment trust that pursues multi-residential income-producing real estate and related debt investments on both a wholly owned and joint venture basis. The Trust generates its revenue from the USA.
68GF 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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