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Washington Prime Group (Washington Prime Group) Operating Margin % : 9.38% (As of Jun. 2021)


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What is Washington Prime Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Washington Prime Group's Operating Income for the three months ended in Jun. 2021 was $12.98 Mil. Washington Prime Group's Revenue for the three months ended in Jun. 2021 was $138.40 Mil. Therefore, Washington Prime Group's Operating Margin % for the quarter that ended in Jun. 2021 was 9.38%.

Warning Sign:

Washington Prime Group Inc operating margin has been in 5-year decline. The average rate of decline per year is -26.1%.

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

WPGIQ.PFD' s Operating Margin % Range Over the Past 10 Years
Min: 4.04   Med: 28.04   Max: 36.25
Current: 4.04


WPGIQ.PFD's Operating Margin % is not ranked
in the REITs industry.
Industry Median: 51.83 vs WPGIQ.PFD: 4.04

Washington Prime Group's 5-Year Average Operating Margin % Growth Rate was -26.10% per year.

Washington Prime Group's Operating Income for the three months ended in Jun. 2021 was $12.98 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2021 was $21.98 Mil.

Warning Sign:

Washington Prime Group Inc has recorded a loss in operating income at least once over the past 3 years.


Washington Prime Group Operating Margin % Historical Data

The historical data trend for Washington Prime Group'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.

Washington Prime Group Operating Margin % Chart

Washington Prime Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 28.04 28.12 24.48 13.93 4.38

Washington Prime Group Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -16.22 -2.60 14.08 -6.68 9.38

Competitive Comparison of Washington Prime Group's Operating Margin %

For the REIT - Retail subindustry, Washington Prime Group'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.


Washington Prime Group's Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Washington Prime Group's Operating Margin % falls into.



Washington Prime Group 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.

Washington Prime Group's Operating Margin % for the fiscal year that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=22.966 / 524.418
=4.38 %

Washington Prime Group's Operating Margin % for the quarter that ended in Jun. 2021 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=12.981 / 138.397
=9.38 %

* 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.


Washington Prime Group  (OTCPK:WPGIQ.PFD) 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.


Washington Prime Group Operating Margin % Related Terms

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


Washington Prime Group (Washington Prime Group) Business Description

Traded in Other Exchanges
N/A
Address
180 East Broad Street, Columbus, OH, USA, 43215
Washington Prime Group Inc is a self-managed real estate investment trust that invests in, manages, and develops retail properties. The company's portfolio consists of community shopping centres and malls across the United States, with most properties located in Texas, Ohio, Indiana, Illinois, and Florida. It generates the majority of revenue from leasing properties to tenants, which include department stores, restaurants, homeware and furniture stores, entertainment venues, general retailers, and cosmetic stores.
Executives
Stephan Gerber officer: Senior VP, Property Mgmt. C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Joshua Lindimore officer: Senior VP, Head of Leasing C/O WASHINGTON PRIME GROUP, 180 EAST BROAD STREET, COLUMBUS OH 43215
Armand Mastropietro officer: Exec VP, Property Management C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Paul S Ajdaharian officer: Exec VP, Head of Open Air Ctrs C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Gregory E Zimmerman officer: Exec VP, Development 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
J. Taggart Birge director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Von Blucher Sheryl G. director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
John F Levy director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
John J Dillon director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Gregory A Gorospe officer: EVP, General Counsel,Secretary 180 EAST BROAD STREET, COLUMBUS OH 43215
Farinaz S Tehrani officer: EVP, Legal & Compliance 180 EAST BROAD STREET, COLUMBUS OH 43215
Michael P Glimcher director, officer: Vice Chairman and CEO C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Mark Edward Yale officer: EVP, CFO C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Melissa A. Indest officer: CAO and SVP,Finance C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Niles C Overly director 180 EAST BROAD STREET, COLUMBUS OH 43215

Washington Prime Group (Washington Prime Group) Headlines

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