RealtyomeFRA:RY6 +0.93%85 Operating Margin % is 41.58% as of Mar. 2026, which is 11% below its 10-year median of 46.89. GuruFocus rates FRA:RY6 with a GF Score™ of 85/100 and a GF Value™ of €53.16 (Fairly Valued). The stock has 8 warning signs investors should review. Among 750 REITs companies, Realtyome ranks worse than 61.73% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Realtyome's Operating Income for the
three
months ended in Mar. 2026 was €520 Mil. Realtyome's Revenue for the
three
months ended in Mar. 2026 was €1,251 Mil. Therefore, Realtyome's Operating Margin % for the quarter that ended in Mar. 2026 was 41.58%.
The historical rank and industry rank for Realtyome's Operating Margin % or its related term are showing as below:
FRA:RY6'
s Operating Margin % Range Over the Past 10 Years
Min: 39.13 Med: 46.89 Max: 49.67
Current: 45.23
FRA:RY6's Operating Margin % is ranked worse than 61.73% of 750
companies
in the REITs industry
Industry Median: 52.67
vs FRA:RY6: 45.23
Realtyome's 5-Year Average Operating Margin % Growth Rate was -1.00% per year.
Realtyome's Operating Income for the
three
months ended in Mar. 2026 was €520 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €2,284 Mil.
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.
Realtyome Operating Margin % Related Terms
Realtyome Operating Margin % Historical Data
* Premium members only.
The historical data trend for Realtyome'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:RY6 vs SPG, KIM, REG: Operating Margin % Comparison
For the REIT - Retail subindustry, Realtyome'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.
Realtyome Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Realtyome's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Realtyome'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.
Realtyome'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.
Realtyome (FRA:RY6) has a Operating Margin % of 41.58% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Realtyome and its competitors. This is 11% below median its historical median of 46.89. Over the past decade, Realtyome's Operating Margin % has ranged from 39.13 to 49.67. According to the industry distribution chart, Realtyome ranks #463 out of 750 companies in the REITs industry, placing it in the top 61.7%.
Is Realtyome's Operating Margin % too high?
Realtyome's current Operating Margin % of 41.58% is 11% below median its 10-year median of 46.89. Over the past 10 years, this metric has ranged from a low of 39.13 to a high of 49.67. The REITs industry median Operating Margin % is 52.67. Realtyome's value of 41.58% is 21.1% below this industry median. Based on the distribution chart, Realtyome ranks #463 out of 750 companies in the REITs industry, which is below the industry midpoint. Overall, Realtyome has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Realtyome's Operating Margin % compare to SPG and KIM?
According to the REITs industry distribution chart, Realtyome ranks #463 out of 750 companies for Operating Margin %. This places Realtyome in the lower half of its industry. The industry median Operating Margin % is 52.67. Realtyome's value of 41.58% is 21.1% below this benchmark. Historically, Realtyome's own Operating Margin % has ranged from 39.13 to 49.67 over the past decade. While the company's 10-year median is 46.89 vs. the industry median of 52.67, Realtyome 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. Realtyome's current Operating Margin % of 41.58% is 21.1% 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 Realtyome 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. Realtyome's current Operating Margin % is 41.58%, which is 11% below median its own 10-year median of 46.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Realtyome stock overvalued right now?
Based on GuruFocus' analysis, Realtyome (FRA:RY6) is currently considered Fairly Valued. The stock's GF Value™ is €53.16, compared to a current price of €54.50 — trading 2.5% above its estimated fair value. The current Operating Margin % is 41.58%, which is 11% below median its 10-year median of 46.89 and 21.1% below the REITs industry median of 52.67. Realtyome's overall GF Score™ is 85/100 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 Realtyome (FRA:RY6), the current Operating Margin % is 41.58% 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 Realtyome (FRA:RY6) Overvalued in 2026?
Based on GuruFocus' analysis, Realtyome stock appears to be overvalued.
The current stock price of €54.50 is trading 2.5% above its estimated GF Value™ of €53.16.
GuruFocus considers Realtyome to be Fairly Valued.
Key valuation signals for FRA:RY6:
Operating Margin %: 41.58% (11% below median its 10-year median of 46.89)
GF Value™: €53.16 vs. price of €54.50 (2.5% above fair value)
Industry Position: 21.1% below the REITs median (#463 of 750)
No single metric tells the full story. See the FRA:RY6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Realty Income owns roughly 15,500 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
85GF Score
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