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Slate Grocery REITSRRTF -1.58%79 Operating Margin % is 75.14% as of Jun. 2026, which is 16% above its 10-year median of 64.77. GuruFocus rates SRRTF with a GF Score™ of 79/100 and a GF Value™ of $11.15 (Fairly Valued). The stock has 13 warning signs investors should review. Among 736 REITs companies, Slate Grocery REIT ranks better than 65.49% 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.
Slate Grocery REIT Operating Margin % Related Terms
Slate Grocery REIT Operating Margin % Historical Data
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The historical data trend for Slate Grocery 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.
SRRTF vs SPG, O, KIM: Operating Margin % Comparison
For the REIT - Retail subindustry, Slate Grocery 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.
Slate Grocery REIT Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Slate Grocery REIT's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Slate Grocery REIT'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.
Slate Grocery 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.
Slate Grocery REIT (SRRTF) has a Operating Margin % of 75.14% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Slate Grocery REIT and its competitors. This is 16% above median its historical median of 64.77. Over the past decade, Slate Grocery REIT's Operating Margin % has ranged from 61.43 to 68.57. According to the industry distribution chart, Slate Grocery REIT ranks #254 out of 736 companies in the REITs industry, placing it in the top 34.5%.
Is Slate Grocery REIT's Operating Margin % too high?
Slate Grocery REIT's current Operating Margin % of 75.14% is 16% above median its 10-year median of 64.77. Over the past 10 years, this metric has ranged from a low of 61.43 to a high of 68.57. The REITs industry median Operating Margin % is 52.20. Slate Grocery REIT's value of 75.14% is 43.9% above this industry median. Based on the distribution chart, Slate Grocery REIT ranks #254 out of 736 companies in the REITs industry, which is above the industry midpoint. Overall, Slate Grocery REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Slate Grocery REIT's Operating Margin % compare to SPG and O?
According to the REITs industry distribution chart, Slate Grocery REIT ranks #254 out of 736 companies for Operating Margin %. This puts Slate Grocery REIT in the upper half of its industry. The industry median Operating Margin % is 52.20. Slate Grocery REIT's value of 75.14% is 43.9% above this benchmark. Historically, Slate Grocery REIT's own Operating Margin % has ranged from 61.43 to 68.57 over the past decade. While the company's 10-year median is 64.77 vs. the industry median of 52.20, Slate Grocery REIT 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 52.20, based on 736 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. Slate Grocery REIT's current Operating Margin % of 75.14% is 43.9% 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 Slate Grocery REIT and its competitors. For the REITs industry, the median Operating Margin % is 52.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Slate Grocery REIT's current Operating Margin % is 75.14%, which is 16% above median its own 10-year median of 64.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slate Grocery REIT stock overvalued right now?
Based on GuruFocus' analysis, Slate Grocery REIT (SRRTF) is currently considered Fairly Valued. The stock's GF Value™ is $11.15, compared to a current price of $11.81 — trading 5.9% above its estimated fair value. The current Operating Margin % is 75.14%, which is 16% above median its 10-year median of 64.77 and 43.9% above the REITs industry median of 52.20. Slate Grocery REIT's overall GF Score™ is 79/100 with 13 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 Slate Grocery REIT (SRRTF), the current Operating Margin % is 75.14% as of Jun. 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 Slate Grocery REIT (SRRTF) Overvalued in 2026?
Based on GuruFocus' analysis, Slate Grocery REIT stock appears to be overvalued.
The current stock price of $11.81 is trading 5.9% above its estimated GF Value™ of $11.15.
GuruFocus considers Slate Grocery REIT to be Fairly Valued.
Key valuation signals for SRRTF:
Operating Margin %: 75.14% (16% above median its 10-year median of 64.77)
GF Value™: $11.15 vs. price of $11.81 (5.9% above fair value)
Industry Position: 43.9% above the REITs median (#254 of 736)
No single metric tells the full story. See the SRRTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties.
79GF Score
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