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Front Yard Residential (Front Yard Residential) Operating Margin % : 2.21% (As of Sep. 2020)


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What is Front Yard Residential Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Front Yard Residential's Operating Income for the three months ended in Sep. 2020 was $1.3 Mil. Front Yard Residential's Revenue for the three months ended in Sep. 2020 was $56.9 Mil. Therefore, Front Yard Residential's Operating Margin % for the quarter that ended in Sep. 2020 was 2.21%.

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

RESI' s Operating Margin % Range Over the Past 10 Years
Min: -189.38   Med: -4.5   Max: 62.84
Current: -2.41


RESI's Operating Margin % is not ranked
in the REITs industry.
Industry Median: 52.05 vs RESI: -2.41

Front Yard Residential's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Front Yard Residential's Operating Income for the three months ended in Sep. 2020 was $1.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2020 was $-5.1 Mil.


Front Yard Residential Operating Margin % Historical Data

The historical data trend for Front Yard Residential'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.

Front Yard Residential Operating Margin % Chart

Front Yard Residential Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Operating Margin %
Get a 7-Day Free Trial 2.39 -189.38 -88.37 -4.50 -7.41

Front Yard Residential Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -9.18 -6.74 -3.19 -2.07 2.21

Competitive Comparison of Front Yard Residential's Operating Margin %

For the REIT - Residential subindustry, Front Yard Residential'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.


Front Yard Residential's Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Front Yard Residential's Operating Margin % falls into.



Front Yard Residential 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.

Front Yard Residential's Operating Margin % for the fiscal year that ended in Dec. 2019 is calculated as

Operating Margin %=Operating Income (A: Dec. 2019 ) / Revenue (A: Dec. 2019 )
=-15.334 / 207.01
=-7.41 %

Front Yard Residential's Operating Margin % for the quarter that ended in Sep. 2020 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=1.261 / 56.944
=2.21 %

* 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.


Front Yard Residential  (NYSE:RESI) 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.


Front Yard Residential Operating Margin % Related Terms

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


Front Yard Residential (Front Yard Residential) Business Description

Traded in Other Exchanges
N/A
Address
c/o Altisource Asset Management Corporation, 5100 Tamarind Reef, Christiansted, VIR, 00820
Front Yard Residential Corp is a real estate investment trust, which focuses on acquiring, owning and managing single-family rental properties throughout the United States. It acquires its single-family rental properties through the acquisition of sub-performing and non-performing loan portfolios. The company is managed by Altisource Asset Management Corporation, which has a management team with extensive industry experience in real estate, non-performing loan portfolios, and mortgage loan servicing. Geographically the firm has its property portfolio across the region of Alabama, Georgia, Hawaii, Louisiana, New Jersey, Pennsylvania, Texas, New York, Kentucky and in many other regions.
Executives
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Management Gp, Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Corp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Michael David Craig-scheckman 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
George G Ellison director, officer: Chief Executive Officer 402 STRAND STREET, FREDERIKSTED VI 00840-3531
Leland Abrams director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
Lazar Nikolic director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
George Whitfield Mcdowell director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
Wade J. Henderson director C/O ALTISOURCE RESIDENTIAL CORPORATION 36C STRAND STREET CHRISTIANSTED VI 00820
Rochelle R. Dobbs director C/O ALTISOURCE RESIDENTIAL CORPORATION 36C STRAND STREET CHRISTIANSTED VI 00820
Michael Graham Lubin officer: General Counsel and Secretary C/O ALTISOURCE ASSET MANAGEMENT 36C STRAND STREET CHRISTIANSTED VI 00820
Michael A. Eruzione director 402 STRAND STREET, C/O AAMC FREDERIKSTED, ST. CROIX VI 00840
Rene Dittrich officer: Chief Accounting Officer C/O ALTISOURCE ASSET MANAGEMENT, 36C STRAND STREET, CHRISTIANSTED VI 00820

Front Yard Residential (Front Yard Residential) Headlines

From GuruFocus

Front Yard Residential Corporation Provides Operating Update

By Marketwired Marketwired 06-05-2020