BrightSpire CapitalFRA:41W0 -0.83%68 Operating Margin % is 7.51% as of Mar. 2026, which is 8% above its 10-year median of 6.96. GuruFocus rates FRA:41W0 with a GF Score™ of 68/100 and a GF Value™ of €4.76 (Fairly Valued). The stock has 10 warning signs investors should review. Among 750 REITs companies, BrightSpire Capital ranks worse than 89.6% on this metric.
BrightSpire Capital (FRA:41W0) 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.
BrightSpire Capital Operating Margin % Related Terms
BrightSpire Capital Operating Margin % Historical Data
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The historical data trend for BrightSpire Capital'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.
FRA:41W0 vs IVR, RWT, ADAM: Operating Margin % Comparison
For the REIT - Mortgage subindustry, BrightSpire Capital'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.
BrightSpire Capital Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, BrightSpire Capital's Operating Margin % distribution charts can be found below:
* The bar in red indicates where BrightSpire Capital's Operating Margin % falls into.
BrightSpire Capital 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.
BrightSpire Capital'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.
BrightSpire Capital (FRA:41W0) has a Operating Margin % of 7.51% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on BrightSpire Capital and its competitors. This is near median its historical median of 6.96. According to the industry distribution chart, BrightSpire Capital ranks #672 out of 750 companies in the REITs industry, placing it in the top 89.6%.
Is BrightSpire Capital's Operating Margin % too high?
BrightSpire Capital's current Operating Margin % of 7.51% is near median its 10-year median of 6.96. The REITs industry median Operating Margin % is 52.67. BrightSpire Capital's value of 7.51% is 85.7% below this industry median. Based on the distribution chart, BrightSpire Capital ranks #672 out of 750 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, BrightSpire Capital has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BrightSpire Capital's Operating Margin % compare to IVR and RWT?
According to the REITs industry distribution chart, BrightSpire Capital ranks #672 out of 750 companies for Operating Margin %. This places BrightSpire Capital in the lower half of its industry. The industry median Operating Margin % is 52.67. BrightSpire Capital's value of 7.51% is 85.7% below this benchmark. While the company's 10-year median is 6.96 vs. the industry median of 52.67, BrightSpire Capital 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. BrightSpire Capital's current Operating Margin % of 7.51% is 85.7% 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 BrightSpire Capital 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. BrightSpire Capital's current Operating Margin % is 7.51%, which is near median its own 10-year median of 6.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BrightSpire Capital stock overvalued right now?
Based on GuruFocus' analysis, BrightSpire Capital (FRA:41W0) is currently considered Fairly Valued. The stock's GF Value™ is €4.76, compared to a current price of €4.76 — trading right at its estimated fair value. The current Operating Margin % is 7.51%, which is near median its 10-year median of 6.96 and 85.7% below the REITs industry median of 52.67. BrightSpire Capital's overall GF Score™ is 68/100 with 10 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 BrightSpire Capital (FRA:41W0), the current Operating Margin % is 7.51% 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 BrightSpire Capital (FRA:41W0) Overvalued in 2026?
Based on GuruFocus' analysis, BrightSpire Capital stock appears to be undervalued.
The current stock price of €4.76 is trading 0% below its estimated GF Value™ of €4.76.
GuruFocus considers BrightSpire Capital to be Fairly Valued.
Key valuation signals for FRA:41W0:
Operating Margin %: 7.51% (near median its 10-year median of 6.96)
GF Value™: €4.76 vs. price of €4.76 (0% below fair value)
Industry Position: 85.7% below the REITs median (#672 of 750)
No single metric tells the full story. See the FRA:41W0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BrightSpire Capital Inc is an internally-managed commercial real estate credit REIT focused on originating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and net lease real estate investments predominantly in the United States. CRE debt investments consist of first mortgage loans with the objective of generating consistent risk-adjusted returns. The operating segments of the company are Senior and Mezzanine Loans and Preferred Equity, Net Leased and Other Real Estate, Corporate and Other. Geographically, the company generates revenue from the United States.
68GF Score
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