MIAPF (Minto Apartment REIT) Operating Margin %: 44.54% (As of Mar. 2026) — 20% Below Median


MIAPF Minto Apartment REIT MIAPF
48 GF Score
Price $12.55
GF Value $11.64
Valuation Fairly Valued
! 9 Warning Signs
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What is Minto Apartment REIT Operating Margin %?

Minto Apartment REIT MIAPF -0.32% 48 Operating Margin % is 44.54% as of Mar. 2026, which is 20% below its 10-year median of 55.88. GuruFocus rates MIAPF with a GF Score™ of 48/100 and a GF Value™ of $11.64 (Fairly Valued). The stock has 9 warning signs investors should review. Among 749 REITs companies, Minto Apartment REIT ranks worse than 51.94% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Minto Apartment REIT's Operating Income for the three months ended in Mar. 2026 was $12.8 Mil. Minto Apartment REIT's Revenue for the three months ended in Mar. 2026 was $28.7 Mil. Therefore, Minto Apartment REIT's Operating Margin % for the quarter that ended in Mar. 2026 was 44.54%.

The historical rank and industry rank for Minto Apartment REIT's Operating Margin % or its related term are showing as below:

MIAPF' s Operating Margin % Range Over the Past 10 Years
Min: 50.25   Med: 55.88   Max: 58.63
Current: 51.87


MIAPF's Operating Margin % is ranked worse than
51.94% of 749 companies
in the REITs industry
Industry Median: 52.71 vs MIAPF: 51.87

Minto Apartment REIT's 5-Year Average Operating Margin % Growth Rate was -0.40% per year.

Minto Apartment REIT's Operating Income for the three months ended in Mar. 2026 was $12.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $58.8 Mil.


Minto Apartment REIT  (OTCPK:MIAPF) 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 Nokia’s 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.


Minto Apartment REIT Operating Margin % Related Terms


Minto Apartment REIT Operating Margin % Historical Data

* Premium members only.

The historical data trend for Minto Apartment REIT'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.

Minto Apartment REIT Operating Margin % Chart

Minto Apartment REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.45 56.15 55.80 58.63 54.48

Minto Apartment REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.89 56.43 60.15 46.46 44.54

MIAPF vs AVB, EQR, ESS: Operating Margin % Comparison

For the REIT - Residential subindustry, Minto 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.


Minto Apartment REIT Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Minto Apartment REIT's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Minto Apartment REIT's Operating Margin % falls into.


MIAPF
48GF Score
Minto Apartment REIT MIAPF
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Minto 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.

Minto Apartment REIT's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=60.995 / 111.966
=54.48 %

Minto Apartment REIT's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=12.794 / 28.722
=44.54 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 44.54% mean?
Minto Apartment REIT (MIAPF) has a Operating Margin % of 44.54% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Minto Apartment REIT and its competitors. This is 20% below median its historical median of 55.88. Over the past decade, Minto Apartment REIT's Operating Margin % has ranged from 50.25 to 58.63. According to the industry distribution chart, Minto Apartment REIT ranks #389 out of 749 companies in the REITs industry, placing it in the top 51.9%.
Is Minto Apartment REIT's Operating Margin % too high?
Minto Apartment REIT's current Operating Margin % of 44.54% is 20% below median its 10-year median of 55.88. Over the past 10 years, this metric has ranged from a low of 50.25 to a high of 58.63. The REITs industry median Operating Margin % is 52.71. Minto Apartment REIT's value of 44.54% is 15.5% below this industry median. Based on the distribution chart, Minto Apartment REIT ranks #389 out of 749 companies in the REITs industry, which is below the industry midpoint. Overall, Minto Apartment REIT has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minto Apartment REIT's Operating Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Minto Apartment REIT ranks #389 out of 749 companies for Operating Margin %. This places Minto Apartment REIT in the lower half of its industry. The industry median Operating Margin % is 52.71. Minto Apartment REIT's value of 44.54% is 15.5% below this benchmark. Historically, Minto Apartment REIT's own Operating Margin % has ranged from 50.25 to 58.63 over the past decade. While the company's 10-year median is 55.88 vs. the industry median of 52.71, Minto 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 52.71, based on 749 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. Minto Apartment REIT's current Operating Margin % of 44.54% is 15.5% 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 Minto Apartment REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minto Apartment REIT's current Operating Margin % is 44.54%, which is 20% below median its own 10-year median of 55.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minto Apartment REIT stock overvalued right now?
Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Fairly Valued. The stock's GF Value™ is $11.64, compared to a current price of $12.55 — trading 7.8% above its estimated fair value. The current Operating Margin % is 44.54%, which is 20% below median its 10-year median of 55.88 and 15.5% below the REITs industry median of 52.71. Minto Apartment REIT's overall GF Score™ is 48/100 with 9 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 Minto Apartment REIT (MIAPF), the current Operating Margin % is 44.54% 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 Minto Apartment REIT (MIAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued. The current stock price of $12.55 is trading 7.8% above its estimated GF Value™ of $11.64. GuruFocus considers Minto Apartment REIT to be Fairly Valued.

Key valuation signals for MIAPF:

  • Operating Margin %: 44.54% (20% below median its 10-year median of 55.88)
  • GF Value™: $11.64 vs. price of $12.55 (7.8% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 15.5% below the REITs median (#389 of 749)

No single metric tells the full story. See the MIAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minto Apartment REIT Business Description

Industry Real EstateREITs
Other Exchanges MI.UN:Canada
Address 180 Kent Street, Suite 200, Ottawa, ON, CAN, K1P 0B6
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
48GF Score

Get the complete analysis for MIAPF

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.55
Price
$11.64
GF Value