CareTrust REIT
CTRE
#3807
Rank
$1.85 B
Marketcap
$18.66
Share price
0.48%
Change (1 day)
-2.61%
Change (1 year)

Operating Margin for CareTrust REIT (CTRE)

Operating Margin as of March 2023 (TTM): 12.00%

According to CareTrust REIT 's latest financial reports and stock price the company's current Operating Margin is 12.00%. At the end of 2021 the company had an Operating Margin of 50.30%.

Operating Margin history for CareTrust REIT from 2014 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202150.30%-15.46%
202059.50%27.05%
201946.83%-15.18%
201855.21%44.57%
201738.19%-24.47%
201650.56%6%
201547.70%108.22%
201422.91%-9.67%
201325.36%-14.24%
201229.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
56.93% 374.42%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.72%-147.67%๐Ÿ‡บ๐Ÿ‡ธ USA
49.90% 315.83%๐Ÿ‡บ๐Ÿ‡ธ USA
68.99% 474.92%๐Ÿ‡บ๐Ÿ‡ธ 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.