GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Prologis REIT Inc (TSE:3283) » Definitions » Operating Margin %

Nippon Prologis REIT (TSE:3283) Operating Margin % : 44.97% (As of May. 2022)


View and export this data going back to 2013. Start your Free Trial

What is Nippon Prologis REIT Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Nippon Prologis REIT's Operating Income for the six months ended in May. 2022 was 円12,078 Mil. Nippon Prologis REIT's Revenue for the six months ended in May. 2022 was 円26,860 Mil. Therefore, Nippon Prologis REIT's Operating Margin % for the quarter that ended in May. 2022 was 44.97%.

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


TSE:3283's Operating Margin % is not ranked *
in the REITs industry.
Industry Median: 51.59
* Ranked among companies with meaningful Operating Margin % only.

Nippon Prologis REIT's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Nippon Prologis REIT's Operating Income for the six months ended in May. 2022 was 円12,078 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2022 was 円23,826 Mil.


Nippon Prologis REIT Operating Margin % Historical Data

The historical data trend for Nippon Prologis 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.

* Premium members only.

Nippon Prologis REIT Operating Margin % Chart

Nippon Prologis REIT Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 57.36 47.65 46.77 47.24 46.61

Nippon Prologis REIT Semi-Annual Data
May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22
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 46.86 47.61 47.00 46.23 44.97

Competitive Comparison of Nippon Prologis REIT's Operating Margin %

For the REIT - Industrial subindustry, Nippon Prologis 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.


Nippon Prologis REIT's Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Prologis REIT's Operating Margin % falls into.



Nippon Prologis REIT 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.

Nippon Prologis REIT's Operating Margin % for the fiscal year that ended in Nov. 2021 is calculated as

Operating Margin %=Operating Income (A: Nov. 2021 ) / Revenue (A: Nov. 2021 )
=23287.844 / 49964.791
=46.61 %

Nippon Prologis REIT's Operating Margin % for the quarter that ended in May. 2022 is calculated as

Operating Margin %=Operating Income (Q: May. 2022 ) / Revenue (Q: May. 2022 )
=12077.89 / 26859.818
=44.97 %

* 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.


Nippon Prologis REIT  (TSE:3283) 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.


Nippon Prologis REIT Operating Margin % Related Terms

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


Nippon Prologis REIT (TSE:3283) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421
Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

Nippon Prologis REIT (TSE:3283) Headlines

No Headlines