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Retail Estates (STU:R6N) Operating Margin % : 72.34% (As of Sep. 2024)


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What is Retail Estates Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Retail Estates's Operating Income for the six months ended in Sep. 2024 was €57.1 Mil. Retail Estates's Revenue for the six months ended in Sep. 2024 was €78.9 Mil. Therefore, Retail Estates's Operating Margin % for the quarter that ended in Sep. 2024 was 72.34%.

Warning Sign:

Retail Estates SA operating margin has been in a 5-year decline. The average rate of decline per year is -1.2%.

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

STU:R6N' s Operating Margin % Range Over the Past 10 Years
Min: 71.99   Med: 76.37   Max: 79.64
Current: 71.99


STU:R6N's Operating Margin % is ranked better than
81.49% of 767 companies
in the REITs industry
Industry Median: 52.64 vs STU:R6N: 71.99

Retail Estates's 5-Year Average Operating Margin % Growth Rate was -1.20% per year.

Retail Estates's Operating Income for the six months ended in Sep. 2024 was €57.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was €114.1 Mil.


Retail Estates Operating Margin % Historical Data

The historical data trend for Retail Estates'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.

Retail Estates Operating Margin % Chart

Retail Estates Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.35 75.75 75.89 72.77 72.41

Retail Estates Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 74.92 70.77 73.24 71.64 72.34

Competitive Comparison of Retail Estates's Operating Margin %

For the REIT - Retail subindustry, Retail Estates'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.


Retail Estates's Operating Margin % Distribution in the REITs Industry

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

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


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Retail Estates 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.

Retail Estates's Operating Margin % for the fiscal year that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=111.618 / 154.142
=72.41 %

Retail Estates'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 )
=57.054 / 78.864
=72.34 %

* 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.


Retail Estates  (STU:R6N) 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.


Retail Estates Operating Margin % Related Terms

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


Retail Estates Business Description

Traded in Other Exchanges
Address
Industrielaan 6, Ternat, BEL, 1740
Retail Estates SA is a real estate investment trust that invests mainly in retail properties located on the periphery of residential areas or along access roads to urban centers, mainly in the Flemish and Wallonia Regions of Belgium. The company buys these properties from third parties or builds and markets retail buildings for its account. It rents its properties in a structural state, with the furnishings, fittings, and maintenance left to the discretion of the tenants. Geographically, it derives a majority of its revenue in the form of rental income from Belgium.

Retail Estates Headlines

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