CareTrust REIT
CTRE
#2821
Rank
ยฃ3.63 B
Marketcap
ยฃ23.58
Share price
-0.19%
Change (1 day)
46.54%
Change (1 year)

Operating Margin for CareTrust REIT (CTRE)

Operating Margin as of September 2024 (TTM): 51.99%

According to CareTrust REIT 's latest financial reports and stock price the company's current Operating Margin is 51.99%. At the end of 2023 the company had an Operating Margin of 47.64%.

Operating Margin history for CareTrust REIT from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202347.64%296.95%
202212.00%-76.14%
202150.30%-15.46%
202059.50%27.05%
201946.83%-15.18%
201855.21%44.57%
201738.19%-24%
201650.25%9.07%
201546.07%101.1%
201422.91%-9.67%
201325.36%-14.24%
201229.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
21.09%-59.43%๐Ÿ‡บ๐Ÿ‡ธ USA
34.05%-34.51%๐Ÿ‡บ๐Ÿ‡ธ USA
33.48%-35.60%๐Ÿ‡บ๐Ÿ‡ธ USA
20.61%-60.36%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.