GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sabra Health Care REIT Inc (NAS:SBRA) » Definitions » Operating Margin %

Sabra Health Care REIT (Sabra Health Care REIT) Operating Margin % : 33.25% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Sabra Health Care REIT Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Sabra Health Care REIT's Operating Income for the three months ended in Dec. 2023 was $54.3 Mil. Sabra Health Care REIT's Revenue for the three months ended in Dec. 2023 was $163.4 Mil. Therefore, Sabra Health Care REIT's Operating Margin % for the quarter that ended in Dec. 2023 was 33.25%.

Warning Sign:

Sabra Health Care REIT Inc operating margin has been in a 5-year decline. The average rate of decline per year is -7.9%.

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

SBRA' s Operating Margin % Range Over the Past 10 Years
Min: 34.21   Med: 50.23   Max: 62.62
Current: 34.21


SBRA's Operating Margin % is ranked worse than
69.78% of 695 companies
in the REITs industry
Industry Median: 51.83 vs SBRA: 34.21

Sabra Health Care REIT's 5-Year Average Operating Margin % Growth Rate was -7.90% per year.

Sabra Health Care REIT's Operating Income for the three months ended in Dec. 2023 was $54.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $221.5 Mil.


Sabra Health Care REIT Operating Margin % Historical Data

The historical data trend for Sabra Health Care REIT'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.

Sabra Health Care REIT Operating Margin % Chart

Sabra Health Care REIT 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 51.32 42.71 37.00 37.56 34.21

Sabra Health Care REIT 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 36.52 31.24 36.19 36.18 33.25

Competitive Comparison of Sabra Health Care REIT's Operating Margin %

For the REIT - Healthcare Facilities subindustry, Sabra Health Care REIT'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.


Sabra Health Care REIT's Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Sabra Health Care REIT's Operating Margin % falls into.



Sabra Health Care REIT 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.

Sabra Health Care REIT'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 )
=221.519 / 647.514
=34.21 %

Sabra Health Care REIT'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 )
=54.322 / 163.397
=33.25 %

* 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.


Sabra Health Care REIT  (NAS:SBRA) 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.


Sabra Health Care REIT Operating Margin % Related Terms

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


Sabra Health Care REIT (Sabra Health Care REIT) Business Description

Traded in Other Exchanges
Address
18500 Von Karman Avenue, Suite 550, Irvine, CA, USA, 92612
Sabra Health Care REIT Inc is a healthcare facility real estate investment trust. The company operates one segment that owns and invests in healthcare real estate. All of the company's revenue is generated in the United States. Sabra's operations consist of nursing facilities, assisted living centers, and mental health facilities. The company considers merger and acquisition investment as a component of its operational growth strategy. Sabra works with existing operators to identify strategic development opportunities.
Executives
Michael Lourenco Costa officer: Executive VP & CAO 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Catherine Cusack director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Andrews Harold W. Jr. officer: Executive VP, CFO & Secretary C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Michael J Foster director 36 GROVE STREET, NEW CANAAN CT 06840
Ann Kono director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Porter Clifton J Ii director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Robert A. Ettl director C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Richard K Matros director, officer: CEO and President
Raymond J Lewis director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
Lynne S Katzmann director 18500 VON KARMAN AVENUE,SUITE 550, IRVINE CA 92612
Milton J Walters director C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Ronald G Geary director 10140 LINN STATION RD, LOUISVILLE KY 40223-3813
Jeffrey A. Malehorn director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
Talya Nevo-hacohen officer: Executive VP, CIO & Treasurer C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Craig A. Barbarosh director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305