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Forest City Realty Trust (Forest City Realty Trust) Operating Margin % : 22.53% (As of Sep. 2018)


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What is Forest City Realty Trust Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Forest City Realty Trust's Operating Income for the three months ended in Sep. 2018 was $49.2 Mil. Forest City Realty Trust's Revenue for the three months ended in Sep. 2018 was $218.2 Mil. Therefore, Forest City Realty Trust's Operating Margin % for the quarter that ended in Sep. 2018 was 22.53%.

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


FCE.B's Operating Margin % is not ranked *
in the REITs industry.
Industry Median: 51.83
* Ranked among companies with meaningful Operating Margin % only.

Forest City Realty Trust's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Forest City Realty Trust's Operating Income for the three months ended in Sep. 2018 was $49.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2018 was $196.3 Mil.


Forest City Realty Trust Operating Margin % Historical Data

The historical data trend for Forest City Realty Trust'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.

Forest City Realty Trust Operating Margin % Chart

Forest City Realty Trust Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.22 10.49 15.14 16.87 19.26

Forest City Realty Trust Quarterly Data
Oct13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 19.71 23.44 20.69 24.44 22.53

Competitive Comparison of Forest City Realty Trust's Operating Margin %

For the REIT - Retail subindustry, Forest City Realty Trust'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.


Forest City Realty Trust's Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Forest City Realty Trust's Operating Margin % falls into.



Forest City Realty Trust 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.

Forest City Realty Trust's Operating Margin % for the fiscal year that ended in Dec. 2017 is calculated as

Operating Margin %=Operating Income (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=175.676 / 911.926
=19.26 %

Forest City Realty Trust's Operating Margin % for the quarter that ended in Sep. 2018 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=49.169 / 218.23
=22.53 %

* 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.


Forest City Realty Trust  (NYSE:FCE.B) 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.


Forest City Realty Trust Operating Margin % Related Terms

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Forest City Realty Trust (Forest City Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Forest City Realty Trust Inc is engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. The company's segments include the Commercial Group, Residential Group, Land Development Group and Corporate Activities. It operates mixed-use projects such as residential rental properties, regional malls, specialty/urban retail centers, office and life science buildings and others. In addition, it also engaged in acquiring and sale of both land and developed lots to residential, commercial and industrial clients. Revenue for the group is derived from the source of rental, service and management fees and land sales.

Forest City Realty Trust (Forest City Realty Trust) Headlines