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Stockland (Stockland) Operating Margin %

: 24.95% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Stockland's Operating Income for the six months ended in Dec. 2023 was $156 Mil. Stockland's Revenue for the six months ended in Dec. 2023 was $625 Mil. Therefore, Stockland's Operating Margin % for the quarter that ended in Dec. 2023 was 24.95%.

Warning Sign:

Stockland Corp Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -3.1%.

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

STKAF' s Operating Margin % Range Over the Past 10 Years
Min: 22.81   Med: 27.75   Max: 29.4
Current: 27.6


STKAF's Operating Margin % is ranked worse than
74.24% of 695 companies
in the REITs industry
Industry Median: 51.83 vs STKAF: 27.60

Stockland's 5-Year Average Operating Margin % Growth Rate was -3.10% per year.

Stockland's Operating Income for the six months ended in Dec. 2023 was $156 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $479 Mil.


Stockland Operating Margin % Historical Data

The historical data trend for Stockland'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.

Stockland Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.94 26.52 25.42 22.81 27.35

Stockland Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only 20.20 24.72 24.85 29.09 24.95

Competitive Comparison

For the REIT - Diversified subindustry, Stockland'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.


Stockland Operating Margin % Distribution

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

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



Stockland 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.

Stockland's Operating Margin % for the fiscal year that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=515.436 / 1884.564
=27.35 %

Stockland'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 )
=155.957 / 625.167
=24.95 %

* 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.


Stockland  (OTCPK:STKAF) 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.


Stockland Operating Margin % Related Terms

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


Stockland (Stockland) Business Description

Traded in Other Exchanges
Address
133 Castlereagh Street, Level 25, Sydney, NSW, AUS, 2000
Stockland is Australia's largest housing developer, and this division generates about a third of the group's funds-from-operations. Nearly two thirds comes from commercial property, about half of which is retail. It also has a growing land-lease business. The mix is evolving. Earnings from the residential development division are volatile though we expect volumes and margins to improve over the next five years, after a challenging 2023 where interest rate rises caused house price falls. In commercial property the group is trimming retail and adding office and industrial via acquisitions and developments. Stockland-stapled securities comprise one share in the corporation that largely operates developments and one unit in a trust that holds the property portfolio.

Stockland (Stockland) Headlines

From GuruFocus

Stockland Stock Appears To Be Fairly Valued

By GF Value GF Value 05-18-2021