GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Choice Properties Real Estate Investment Trust (STU:6HC) » Definitions » Operating Margin %

Choice Properties Real Estate Investment Trust (STU:6HC) Operating Margin % : 67.00% (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Choice Properties Real Estate Investment Trust Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Choice Properties Real Estate Investment Trust's Operating Income for the three months ended in Sep. 2024 was €151.5 Mil. Choice Properties Real Estate Investment Trust's Revenue for the three months ended in Sep. 2024 was €226.1 Mil. Therefore, Choice Properties Real Estate Investment Trust's Operating Margin % for the quarter that ended in Sep. 2024 was 67.00%.

The historical rank and industry rank for Choice Properties Real Estate Investment Trust's Operating Margin % or its related term are showing as below:

STU:6HC' s Operating Margin % Range Over the Past 10 Years
Min: 65.18   Med: 68.86   Max: 71.86
Current: 65.18


STU:6HC's Operating Margin % is ranked better than
71.07% of 764 companies
in the REITs industry
Industry Median: 51.71 vs STU:6HC: 65.18

Choice Properties Real Estate Investment Trust's 5-Year Average Operating Margin % Growth Rate was -0.80% per year.

Choice Properties Real Estate Investment Trust's Operating Income for the three months ended in Sep. 2024 was €151.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was €608.1 Mil.


Choice Properties Real Estate Investment Trust Operating Margin % Historical Data

The historical data trend for Choice Properties Real Estate Investment Trust'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.

Choice Properties Real Estate Investment Trust Operating Margin % Chart

Choice Properties Real Estate Investment Trust 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 68.15 66.19 67.44 67.36 65.89

Choice Properties Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 68.04 61.88 65.00 67.01 67.00

Competitive Comparison of Choice Properties Real Estate Investment Trust's Operating Margin %

For the REIT - Retail subindustry, Choice Properties Real Estate Investment Trust'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.


Choice Properties Real Estate Investment Trust's Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Choice Properties Real Estate Investment Trust's Operating Margin % falls into.



Choice Properties Real Estate Investment Trust 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.

Choice Properties Real Estate Investment Trust'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 )
=601.153 / 912.355
=65.89 %

Choice Properties Real Estate Investment Trust's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=151.484 / 226.08
=67.00 %

* 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.


Choice Properties Real Estate Investment Trust  (STU:6HC) 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.


Choice Properties Real Estate Investment Trust Operating Margin % Related Terms

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


Choice Properties Real Estate Investment Trust Business Description

Comparable Companies
Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use, and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generates the majority of its revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

Choice Properties Real Estate Investment Trust Headlines

No Headlines