CareTrust REIT
CTRE
#2545
Rank
S$7.59 B
Marketcap
$40.52
Share price
4.00%
Change (1 day)
39.08%
Change (1 year)

Operating Margin for CareTrust REIT (CTRE)

Operating Margin as of November 2024 (TTM): 60.21%

According to CareTrust REIT 's latest financial reports and stock price the company's current Operating Margin is 60.21%. 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%-64.97%๐Ÿ‡บ๐Ÿ‡ธ USA
34.05%-43.45%๐Ÿ‡บ๐Ÿ‡ธ USA
32.96%-45.26%๐Ÿ‡บ๐Ÿ‡ธ USA
20.61%-65.77%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.