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BRT Apartments (BRT Apartments) Operating Margin % : 14.25% (As of Dec. 2023)


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What is BRT Apartments Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. BRT Apartments's Operating Income for the three months ended in Dec. 2023 was $3.35 Mil. BRT Apartments's Revenue for the three months ended in Dec. 2023 was $23.51 Mil. Therefore, BRT Apartments's Operating Margin % for the quarter that ended in Dec. 2023 was 14.25%.

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

BRT' s Operating Margin % Range Over the Past 10 Years
Min: -9.67   Med: 9.68   Max: 18.87
Current: 8.42


BRT's Operating Margin % is ranked worse than
90.79% of 695 companies
in the REITs industry
Industry Median: 51.83 vs BRT: 8.42

BRT Apartments's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

BRT Apartments's Operating Income for the three months ended in Dec. 2023 was $3.35 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $7.88 Mil.


BRT Apartments Operating Margin % Historical Data

The historical data trend for BRT Apartments'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.

BRT Apartments Operating Margin % Chart

BRT Apartments Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.08 -9.67 -8.71 0.71 8.42

BRT Apartments 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 2.66 1.93 5.91 11.35 14.25

Competitive Comparison of BRT Apartments's Operating Margin %

For the REIT - Residential subindustry, BRT Apartments'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.


BRT Apartments's Operating Margin % Distribution in the REITs Industry

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

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



BRT Apartments 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.

BRT Apartments'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 )
=7.879 / 93.617
=8.42 %

BRT Apartments'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 )
=3.35 / 23.508
=14.25 %

* 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.


BRT Apartments  (NYSE:BRT) 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.


BRT Apartments Operating Margin % Related Terms

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BRT Apartments (BRT Apartments) Business Description

Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.
Executives
Ryan Baltimore officer: Senior Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mitchell Gould officer: VICE PRESIDENT
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Jeffrey Gould officer: PRESIDENT AND CE0
Matthew J Gould director, officer: Senior Vice President
Mark H Lundy officer: VICE PRESIDENT
Isaac Kalish officer: Assistant Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Carol Cicero director 516 TOWER TRACE, CANTON GA 30115
George Zweier officer: VICE PRESIDENT - CFO
Jonathan H Simon director 1020 PARK AVENUE, APARTMENT 10D, NEW YORK NY 10028
Jeffrey Rubin director 40 CUTTER MILL ROAD, SUITE 302, GREAT NECK NY 11021
Fredric H Gould director, officer: Chairman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Steven Rosenzweig officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Alysa Block officer: Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021