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Alexander's (Alexander's) Operating Margin % : 41.60% (As of Dec. 2023)


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What is Alexander's Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Alexander's's Operating Income for the three months ended in Dec. 2023 was $26.2 Mil. Alexander's's Revenue for the three months ended in Dec. 2023 was $62.9 Mil. Therefore, Alexander's's Operating Margin % for the quarter that ended in Dec. 2023 was 41.60%.

Warning Sign:

Alexander's Inc operating margin has been in a 5-year decline. The average rate of decline per year is -3%.

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

ALX' s Operating Margin % Range Over the Past 10 Years
Min: 36.19   Med: 43.59   Max: 48.15
Current: 37.57


ALX's Operating Margin % is ranked worse than
66.62% of 695 companies
in the REITs industry
Industry Median: 51.83 vs ALX: 37.57

Alexander's's 5-Year Average Operating Margin % Growth Rate was -3.00% per year.

Alexander's's Operating Income for the three months ended in Dec. 2023 was $26.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $84.5 Mil.


Alexander's Operating Margin % Historical Data

The historical data trend for Alexander's'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.

Alexander's Operating Margin % Chart

Alexander's 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 43.95 36.19 36.96 38.61 37.57

Alexander's Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only 38.40 36.19 35.15 36.65 41.60

Competitive Comparison of Alexander's's Operating Margin %

For the REIT - Retail subindustry, Alexander's'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.


Alexander's's Operating Margin % Distribution in the REITs Industry

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

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



Alexander's 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.

Alexander's'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 )
=84.513 / 224.962
=37.57 %

Alexander's'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 )
=26.178 / 62.935
=41.60 %

* 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.


Alexander's  (NYSE:ALX) 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.


Alexander's Operating Margin % Related Terms

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


Alexander's (Alexander's) Business Description

Traded in Other Exchanges
Address
210 Route 4 East, Paramus, NJ, USA, 07652
Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.
Executives
Gary W. Hansen officer: Chief Financial Officer 210 ROUTE 4 EAST, PARAMUS NJ 07652
Mandakini Puri director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Wight Russell B Jr director
Matthew Iocco officer: Chief Financial Officer 888 7TH AVENUE, NEW YORK NY 10019
Wendy Silverstein director, .
Properties Interstate 10 percent owner C/O VORNADO REALTY TRUST, 888 SEVENTH AVENUE, NEW YORK NY 10019
Thomas R Dibenedetto director
David Mandelbaum director, 10 percent owner
Arthur Sonnenblick director 888 SEVENTH AVE, NEW YORK NY 10019
Steven Roth director, 10 percent owner, officer: Chairman & CEO
Neil Underberg director 888 SEVENTH AVE, NEW YORK NY 10019
Richard R West director
Joseph Macnow officer: CFO/EVP - Fin. & Admin.
Michael D Fascitelli director, officer: President MDF CAPITAL, 888 7TH AVENUE, 27TH FLOOR, NEW YORK NY 10019
Stephen Mann director 450 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022

Alexander's (Alexander's) Headlines

From GuruFocus

Alexander's Declares Quarterly $4.50 Dividend on Common Shares

By GuruFocusNews GuruFocusNews 04-27-2022

Alexander's Announces First Quarter Financial Results

By GuruFocusNews GuruFocusNews 05-02-2022

Alexander's Declares Quarterly $4.50 Dividend on Common Shares

By GlobeNewswire GlobeNewswire 01-19-2022

Alexander's Announces Second Quarter Financial Results

By PurpleRose PurpleRose 08-01-2022

Alexander's Declares Quarterly $4.50 Dividend on Common Shares

By sperokesalga sperokesalga 04-27-2023

Lionbridge Issues Open Letter to Alexander's Shareholders

By PRNewswire PRNewswire 07-27-2022

Alexander's Completes Sale of Rego Park III

By GlobeNewswire GlobeNewswire 05-19-2023