Shurgard Self StorageSSSAF +3.64%75 Operating Margin % is 60.33% as of Dec. 2025, which is 5% above its 10-year median of 57.38. GuruFocus rates SSSAF with a GF Score™ of 75/100 and a GF Value™ of $51.59 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 750 REITs companies, Shurgard Self Storage ranks better than 59.2% 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.
Shurgard Self Storage Operating Margin % Related Terms
Shurgard Self Storage Operating Margin % Historical Data
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The historical data trend for Shurgard Self Storage'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.
SSSAF vs EQIX, AMT, DLR: Operating Margin % Comparison
For the REIT - Specialty subindustry, Shurgard Self Storage'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.
Shurgard Self Storage Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Shurgard Self Storage's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Shurgard Self Storage'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.
Shurgard Self Storage'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.
Shurgard Self Storage (SSSAF) has a Operating Margin % of 60.33% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Shurgard Self Storage and its competitors. This is near median its historical median of 57.38. Over the past decade, Shurgard Self Storage's Operating Margin % has ranged from 52.13 to 58.36. According to the industry distribution chart, Shurgard Self Storage ranks #306 out of 750 companies in the REITs industry, placing it in the top 40.8%.
Is Shurgard Self Storage's Operating Margin % too high?
Shurgard Self Storage's current Operating Margin % of 60.33% is near median its 10-year median of 57.38. Over the past 10 years, this metric has ranged from a low of 52.13 to a high of 58.36. The REITs industry median Operating Margin % is 52.67. Shurgard Self Storage's value of 60.33% is 14.5% above this industry median. Based on the distribution chart, Shurgard Self Storage ranks #306 out of 750 companies in the REITs industry, which is above the industry midpoint. Overall, Shurgard Self Storage has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shurgard Self Storage's Operating Margin % compare to EQIX and AMT?
According to the REITs industry distribution chart, Shurgard Self Storage ranks #306 out of 750 companies for Operating Margin %. This puts Shurgard Self Storage in the upper half of its industry. The industry median Operating Margin % is 52.67. Shurgard Self Storage's value of 60.33% is 14.5% above this benchmark. Historically, Shurgard Self Storage's own Operating Margin % has ranged from 52.13 to 58.36 over the past decade. While the company's 10-year median is 57.38 vs. the industry median of 52.67, Shurgard Self Storage 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. Shurgard Self Storage's current Operating Margin % of 60.33% is 14.5% 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 Shurgard Self Storage 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. Shurgard Self Storage's current Operating Margin % is 60.33%, which is near median its own 10-year median of 57.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shurgard Self Storage stock overvalued right now?
Based on GuruFocus' analysis, Shurgard Self Storage (SSSAF) is currently considered Possible Value Trap. The stock's GF Value™ is $51.59, compared to a current price of $28.50 — trading 44.8% below its estimated fair value. The current Operating Margin % is 60.33%, which is near median its 10-year median of 57.38 and 14.5% above the REITs industry median of 52.67. Shurgard Self Storage's overall GF Score™ is 75/100 with 6 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 Shurgard Self Storage (SSSAF), the current Operating Margin % is 60.33% as of Dec. 2025. 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 Shurgard Self Storage (SSSAF) Overvalued in 2026?
Based on GuruFocus' analysis, Shurgard Self Storage stock appears to be undervalued.
The current stock price of $28.50 is trading 44.8% below its estimated GF Value™ of $51.59.
GuruFocus considers Shurgard Self Storage to be Possible Value Trap.
Key valuation signals for SSSAF:
Operating Margin %: 60.33% (near median its 10-year median of 57.38)
GF Value™: $51.59 vs. price of $28.50 (44.8% below fair value)
Industry Position: 14.5% above the REITs median (#306 of 750)
No single metric tells the full story. See the SSSAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from UK and also has a presence in the Netherlands, France, Sweden, Belgium, Germany and Denmark among others. It generates revenue through the lease of storage units and related activities, including insurance referrals and the sale of storage products and packaging.
75GF Score
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