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LaSalle LOGIPORT REIT (TSE:3466) Operating Margin % : 56.04% (As of Feb. 2024)


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What is LaSalle LOGIPORT REIT Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. LaSalle LOGIPORT REIT's Operating Income for the six months ended in Feb. 2024 was 円7,355 Mil. LaSalle LOGIPORT REIT's Revenue for the six months ended in Feb. 2024 was 円13,125 Mil. Therefore, LaSalle LOGIPORT REIT's Operating Margin % for the quarter that ended in Feb. 2024 was 56.04%.

Warning Sign:

LaSalle LOGIPORT REIT operating margin has been in a 5-year decline. The average rate of decline per year is -1.1%.

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

TSE:3466' s Operating Margin % Range Over the Past 10 Years
Min: 51.53   Med: 55.86   Max: 57.45
Current: 53.81


TSE:3466's Operating Margin % is ranked better than
54.62% of 692 companies
in the REITs industry
Industry Median: 51.52 vs TSE:3466: 53.81

LaSalle LOGIPORT REIT's 5-Year Average Operating Margin % Growth Rate was -1.10% per year.

LaSalle LOGIPORT REIT's Operating Income for the six months ended in Feb. 2024 was 円7,355 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2024 was 円13,097 Mil.


LaSalle LOGIPORT REIT Operating Margin % Historical Data

The historical data trend for LaSalle LOGIPORT 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.

LaSalle LOGIPORT REIT Operating Margin % Chart

LaSalle LOGIPORT REIT Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Operating Margin %
Get a 7-Day Free Trial 56.26 57.45 55.86 53.43 51.53

LaSalle LOGIPORT REIT Semi-Annual Data
Mar16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 54.36 52.53 51.88 51.19 56.04

Competitive Comparison of LaSalle LOGIPORT REIT's Operating Margin %

For the REIT - Industrial subindustry, LaSalle LOGIPORT 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.


LaSalle LOGIPORT REIT's Operating Margin % Distribution in the REITs Industry

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

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



LaSalle LOGIPORT 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.

LaSalle LOGIPORT REIT's Operating Margin % for the fiscal year that ended in Aug. 2023 is calculated as

Operating Margin %=Operating Income (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=11439.335 / 22197.993
=51.53 %

LaSalle LOGIPORT REIT's Operating Margin % for the quarter that ended in Feb. 2024 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=7354.775 / 13124.761
=56.04 %

* 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.


LaSalle LOGIPORT REIT  (TSE:3466) 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.


LaSalle LOGIPORT REIT Operating Margin % Related Terms

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LaSalle LOGIPORT REIT (TSE:3466) Business Description

Traded in Other Exchanges
N/A
Address
Marunouchi, 1-11-1, Marunouchi, 14th Floor, Pacific Century Place, Chiyoda-ku, Tokyo, JPN
LaSalle LOGIPORT REIT is a Japan-based real estate investment trust. The company intends to invest in facilities that cater to its tenant's needs for integrated and efficient logistics operations. The majority of firm's assets are located in Tokyo area. The firm focuses on investments in prime logistics within the Tokyo and Osaka area. Its growth strategy is backed by the sponsor group's support.

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