Choice Properties REIT
CHP-UN.TO
#2020
Rank
NZ$12.95 B
Marketcap
$17.90
Share price
-1.05%
Change (1 day)
6.07%
Change (1 year)

Operating Margin for Choice Properties REIT (CHP-UN.TO)

Operating Margin as of September 2024 (TTM): 91.57%

According to Choice Properties REIT's latest financial reports and stock price the company's current Operating Margin is 91.57%. At the end of 2023 the company had an Operating Margin of 59.69%.

Operating Margin history for Choice Properties REIT from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202359.69%1.43%
202258.84%3305.67%
20211.73%-95.11%
202035.33%-178.2%
2019-45.18%-179.8%
201856.62%16.02%
201748.80%-271.42%
2016-28.47%36.24%
2015-20.90%-171.49%
201429.23%38.65%
201321.08%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.