CareTrust REIT
CTRE
$23.69
Share price
-0.21%
Change (1 day)
20.87%
Change (1 year)
Categories
Operating Margin for CareTrust REIT (CTRE)
Operating Margin as of April 2024 (TTM): 47.46%
According to CareTrust REIT 's latest financial reports and stock price the company's current Operating Margin is 47.46%. At the end of 2022 the company had an Operating Margin of 12.00%.
Operating Margin history for CareTrust REIT from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.00% | -76.14% |
| 2021 | 50.30% | -15.46% |
| 2020 | 59.50% | 27.05% |
| 2019 | 46.83% | -15.18% |
| 2018 | 55.21% | 44.57% |
| 2017 | 38.19% | -24.47% |
| 2016 | 50.56% | 6% |
| 2015 | 47.70% | 108.22% |
| 2014 | 22.91% | -9.67% |
| 2013 | 25.36% | -14.24% |
| 2012 | 29.57% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Extra Space Storage
EXR | 48.96% | 3.16% | 🇺🇸 USA |
 Vornado Realty Trust
VNO | -5.26% | -111.08% | 🇺🇸 USA |
 Getty Realty GTY | 50.43% | 6.26% | 🇺🇸 USA |
 Kilroy Realty KRC | 23.65% | -50.17% | 🇺🇸 USA |
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.