GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Icade (STU:3IC) » Definitions » Operating Margin %

Icade (STU:3IC) Operating Margin % : 7.74% (As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is Icade Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Icade's Operating Income for the six months ended in Jun. 2024 was €54 Mil. Icade's Revenue for the six months ended in Jun. 2024 was €699 Mil. Therefore, Icade's Operating Margin % for the quarter that ended in Jun. 2024 was 7.74%.

Good Sign:

Icade operating margin is expanding. Margin expansion is usually a good sign.

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

STU:3IC' s Operating Margin % Range Over the Past 10 Years
Min: 10.14   Med: 15.38   Max: 38.55
Current: 10.14


STU:3IC's Operating Margin % is ranked worse than
88.8% of 759 companies
in the REITs industry
Industry Median: 52.08 vs STU:3IC: 10.14

Icade's 5-Year Average Operating Margin % Growth Rate was 4.90% per year.

Icade's Operating Income for the six months ended in Jun. 2024 was €54 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was €168 Mil.


Icade Operating Margin % Historical Data

The historical data trend for Icade'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.

* Premium members only.

Icade Operating Margin % Chart

Icade Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.38 38.55 36.43 18.57 15.50

Icade Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 21.47 16.27 20.49 11.88 7.74

Competitive Comparison of Icade's Operating Margin %

For the REIT - Diversified subindustry, Icade'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.


Icade's Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Icade's Operating Margin % falls into.



Icade 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.

Icade's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=256.8 / 1656.9
=15.50 %

Icade's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=54.1 / 698.9
=7.74 %

* 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.


Icade  (STU:3IC) 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.


Icade Operating Margin % Related Terms

Thank you for viewing the detailed overview of Icade's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Icade Business Description

Industry
Traded in Other Exchanges
Address
Immeuble Open, 27, Rue Camille Desmoulins, Issy-les-Moulineaux, Paris, FRA, 92445
Icade is a French real estate investment trust involved in the ownership and management of commercial property around Paris. The vast majority of Icade's real estate portfolio is split between office and business park properties. Nearly all of these are located in Greater Paris with roughly half residing in the inner and outer rings of the metro area. Icade derives Majority of its revenue from its Property Development division through the sale of real estate. Rental income from short- to mid-term leases out of its Property Investment division also represents a substantial revenue stream. Institutional investors, private investors, and buyers represent fairly equal parts of the company's customer orders. Icade also has holdings in healthcare properties outside of the Paris region.

Icade Headlines

No Headlines