EPR PropertiesFRA:E2H +2.67%82 Operating Margin % is 59.18% as of Mar. 2026, which is 4% above its 10-year median of 56.70. GuruFocus rates FRA:E2H with a GF Score™ of 82/100 and a GF Value™ of €43.18 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 750 REITs companies, EPR Properties ranks better than 58.53% 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.
EPR Properties Operating Margin % Related Terms
EPR Properties Operating Margin % Historical Data
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The historical data trend for EPR Properties'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:E2H vs FRMI, OUT, UNIT: Operating Margin % Comparison
For the REIT - Specialty subindustry, EPR Properties'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.
EPR Properties Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, EPR Properties's Operating Margin % distribution charts can be found below:
* The bar in red indicates where EPR Properties'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.
EPR Properties'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.
EPR Properties (FRA:E2H) has a Operating Margin % of 59.18% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on EPR Properties and its competitors. This is near median its historical median of 56.70. Over the past decade, EPR Properties' Operating Margin % has ranged from 23.67 to 67.23. According to the industry distribution chart, EPR Properties ranks #311 out of 750 companies in the REITs industry, placing it in the top 41.5%.
Is EPR Properties' Operating Margin % too high?
EPR Properties' current Operating Margin % of 59.18% is near median its 10-year median of 56.70. Over the past 10 years, this metric has ranged from a low of 23.67 to a high of 67.23. The REITs industry median Operating Margin % is 52.67. EPR Properties' value of 59.18% is 12.4% above this industry median. Based on the distribution chart, EPR Properties ranks #311 out of 750 companies in the REITs industry, which is above the industry midpoint. Overall, EPR Properties has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EPR Properties' Operating Margin % compare to FRMI and OUT?
According to the REITs industry distribution chart, EPR Properties ranks #311 out of 750 companies for Operating Margin %. This puts EPR Properties in the upper half of its industry. The industry median Operating Margin % is 52.67. EPR Properties' value of 59.18% is 12.4% above this benchmark. Historically, EPR Properties' own Operating Margin % has ranged from 23.67 to 67.23 over the past decade. While the company's 10-year median is 56.70 vs. the industry median of 52.67, EPR Properties 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 52.67, 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. EPR Properties's current Operating Margin % of 59.18% is 12.4% 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 EPR Properties 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. EPR Properties's current Operating Margin % is 59.18%, which is near median its own 10-year median of 56.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EPR Properties stock overvalued right now?
Based on GuruFocus' analysis, EPR Properties (FRA:E2H) is currently considered Modestly Overvalued. The stock's GF Value™ is €43.18, compared to a current price of €51.95 — trading 20.3% above its estimated fair value. The current Operating Margin % is 59.18%, which is near median its 10-year median of 56.70 and 12.4% above the REITs industry median of 52.67. EPR Properties' overall GF Score™ is 82/100 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 EPR Properties (FRA:E2H), the current Operating Margin % is 59.18% 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 EPR Properties (FRA:E2H) Overvalued in 2026?
Based on GuruFocus' analysis, EPR Properties stock appears to be overvalued.
The current stock price of €51.95 is trading 20.3% above its estimated GF Value™ of €43.18.
GuruFocus considers EPR Properties to be Modestly Overvalued.
Key valuation signals for FRA:E2H:
Operating Margin %: 59.18% (near median its 10-year median of 56.70)
GF Value™: €43.18 vs. price of €51.95 (20.3% above fair value)
Industry Position: 12.4% above the REITs median (#311 of 750)
No single metric tells the full story. See the FRA:E2H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EPR Properties is a real estate investment trust that focuses on underwriting experiential property investments on key industry and property cash flow criteria, and the credit metrics of tenants and customers. The company invests in two property segments: Experiential, including theaters, family entertainment centers, ski resorts, and other attractions; and Education, including early childhood education centers and private school properties. The company's business is focused on Experiential real estate. The majority of revenue comes from the Experiential sector.
82GF Score
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