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General De Galerias Comerciales Socimi (XMAD:GGC) Operating Margin % : 76.70% (As of Dec. 2023)


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What is General De Galerias Comerciales Socimi Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. General De Galerias Comerciales Socimi's Operating Income for the six months ended in Dec. 2023 was €80.0 Mil. General De Galerias Comerciales Socimi's Revenue for the six months ended in Dec. 2023 was €104.3 Mil. Therefore, General De Galerias Comerciales Socimi's Operating Margin % for the quarter that ended in Dec. 2023 was 76.70%.

Warning Sign:

General De Galerias Comerciales Socimi SA operating margin has been in a 5-year decline. The average rate of decline per year is -17.3%.

The historical rank and industry rank for General De Galerias Comerciales Socimi's Operating Margin % or its related term are showing as below:

XMAD:GGC' s Operating Margin % Range Over the Past 10 Years
Min: 57.39   Med: 73.69   Max: 211.08
Current: 74.03


XMAD:GGC's Operating Margin % is not ranked
in the REITs industry.
Industry Median: 51.49 vs XMAD:GGC: 74.03

General De Galerias Comerciales Socimi's 5-Year Average Operating Margin % Growth Rate was -17.30% per year.

General De Galerias Comerciales Socimi's Operating Income for the six months ended in Dec. 2023 was €80.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was €139.4 Mil.


General De Galerias Comerciales Socimi Operating Margin % Historical Data

The historical data trend for General De Galerias Comerciales Socimi'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.

General De Galerias Comerciales Socimi Operating Margin % Chart

General De Galerias Comerciales Socimi 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 118.22 63.79 66.02 73.35 74.03

General De Galerias Comerciales Socimi Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 62.97 75.57 70.72 70.72 76.70

Competitive Comparison of General De Galerias Comerciales Socimi's Operating Margin %

For the REIT - Retail subindustry, General De Galerias Comerciales Socimi'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.


General De Galerias Comerciales Socimi's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, General De Galerias Comerciales Socimi's Operating Margin % distribution charts can be found below:

* The bar in red indicates where General De Galerias Comerciales Socimi's Operating Margin % falls into.



General De Galerias Comerciales Socimi 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.

General De Galerias Comerciales Socimi'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 )
=139.414 / 188.313
=74.03 %

General De Galerias Comerciales Socimi's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=80.025 / 104.336
=76.70 %

* 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.


General De Galerias Comerciales Socimi  (XMAD:GGC) 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.


General De Galerias Comerciales Socimi Operating Margin % Related Terms

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General De Galerias Comerciales Socimi (XMAD:GGC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ctra. Ojen S/N. P. C. La Canada, Marbella, ESP, 29603
General De Galerías Comerciales Socimi SA is a Spanish investment real estate company. The company is specialized in developing, acquiring and managing quality tertiary real estate assets in the Spanish market. It manages six shopping centres, being five of them located in Andalucía and the other one in Cataluna.

General De Galerias Comerciales Socimi (XMAD:GGC) Headlines

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