Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 21.90% is 25% above its 5-year average of 17.58%, near the high end of its 5-year range (5.85%–23.97%).
As of the fiscal period ended Tuesday, June 30, 2026. 20.08% above its 12-month average of 18.24%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
21.90%
OPERATING MARGIN AVG TTM
18.24%
OPERATING MARGIN AVG 3Y
18.82%
OPERATING MARGIN AVG 5Y
17.58%
OPERATING MARGIN AVG 10Y
17.51%
OPERATING MARGIN AVG 15Y
18.26%
OPERATING MARGIN AVG 20Y
17.36%
CURRENT VS TTM AVG
+20.08%
CURRENT VS 3Y AVG
+16.38%
CURRENT VS 5Y AVG
+24.59%
CURRENT VS 10Y AVG
+25.07%
CURRENT VS 15Y AVG
+19.92%
CURRENT VS 20Y AVG
+26.13%
SECTOR MEDIAN · REAL ESTATE
29.30%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-25.27%
vs the sector median at left
Apple Hospitality REIT, Inc.
Market Cap
$3.82B
Operating Margin
21.90%
TTM Avg
18.24%
3Y Avg
18.82%
5Y Avg
17.58%
Market Cap
$3.36B
Operating Margin
-6.25%
TTM Avg
-6.23%
3Y Avg
-6.00%
5Y Avg
-6.38%
Market Cap
$2.06B
Operating Margin
9.03%
TTM Avg
8.23%
3Y Avg
9.85%
5Y Avg
3.77%
Market Cap
$7.31B
Operating Margin
40.39%
TTM Avg
39.54%
3Y Avg
40.06%
5Y Avg
43.51%
Market Cap
$8.44B
Operating Margin
41.59%
TTM Avg
41.50%
3Y Avg
40.62%
5Y Avg
40.74%
Market Cap
$8.67B
Operating Margin
-33.94%
TTM Avg
-7.62%
3Y Avg
8.22%
5Y Avg
20.35%
Market Cap
$9.08B
Operating Margin
48.35%
TTM Avg
48.18%
3Y Avg
48.61%
5Y Avg
50.68%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apple Hospitality REIT, Inc. (APLE) | $3.82B | 21.90% | 18.24% | 18.82% | 17.58% |
| Opendoor Technologies Inc. (OPEN)vs › | $3.36B | -6.25% | -6.23% | -6.00% | -6.38% |
| Sunstone Hotel Investors, Inc. (SHO)vs › | $2.06B | 9.03% | 8.23% | 9.85% | 3.77% |
| Terreno Realty Corporation (TRNO)vs › | $7.31B | 40.39% | 39.54% | 40.06% | 43.51% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.44B | 41.59% | 41.50% | 40.62% | 40.74% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.67B | -33.94% | -7.62% | 8.22% | 20.35% |
| NNN REIT, Inc. (NNN)vs › | $8.91B | 62.14% | 64.00% | 64.37% | 62.66% |
| Agree Realty Corporation (ADC)vs › | $9.08B | 48.35% | 48.18% | 48.61% | 50.68% |
| CubeSmart (CUBE)vs › | $9.46B | 38.19% | 42.64% | 41.85% | 43.95% |
| Federal Realty Investment Trust (FRT)vs › | $10.25B | 34.49% | 37.61% | 40.03% | 39.38% |
Gross Margin
6.4%
Operating Margin
21.9%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 21.90% |
| 2026-03-31 | 14.22% |
| 2025-12-31 | 13.61% |
| 2025-09-30 | 19.39% |
| 2025-06-30 | 22.08% |
| 2025-03-31 | 15.52% |
| 2024-12-31 | 14.98% |
| 2024-09-30 | 20.52% |
| 2024-06-30 | 23.97% |
| 2024-03-31 | 21.73% |
| 2023-12-31 | 12.45% |
| 2023-09-30 | 21.30% |
| 2023-06-30 | 22.96% |
| 2023-03-31 | 15.81% |
| 2022-12-31 | 5.85% |
| 2022-09-30 | 22.10% |
| 2022-06-30 | 23.91% |
| 2022-03-31 | 12.61% |
| 2021-12-31 | 11.18% |
| 2021-09-30 | 17.26% |
| 2021-06-30 | 15.76% |
| 2021-03-31 | -17.52% |
| 2020-12-31 | -24.50% |
| 2020-09-30 | -15.02% |
| 2020-06-30 | -73.75% |
| 2020-03-31 | 5.44% |
| 2019-12-31 | 14.04% |
| 2019-09-30 | 18.43% |
| 2019-06-30 | 22.90% |
| 2019-03-31 | 17.73% |
| 2018-12-31 | 16.00% |
| 2018-09-30 | 22.69% |
| 2018-06-30 | 23.50% |
| 2018-03-31 | 18.19% |
| 2017-12-31 | 3.21% |
| 2017-09-30 | 23.15% |
| 2017-06-30 | 25.20% |
| 2017-03-31 | 15.82% |
| 2016-12-31 | 18.78% |
| 2016-09-30 | 8.62% |
| 2016-06-30 | 25.09% |
| 2016-03-31 | 19.49% |
| 2015-12-31 | -4.14% |
| 2015-09-30 | 23.45% |
| 2015-06-30 | 22.26% |
| 2015-03-31 | 17.25% |
| 2014-12-31 | 14.40% |
| 2014-09-30 | 18.14% |
| 2014-06-30 | 22.22% |
| 2014-03-31 | -65.98% |
| 2013-12-31 | 17.99% |
| 2013-09-30 | 20.77% |
| 2013-06-30 | 24.97% |
| 2013-03-31 | 21.09% |
| 2012-12-31 | 16.52% |
| 2012-09-30 | 21.28% |
| 2012-06-30 | 23.69% |
| 2012-03-31 | 20.66% |
| 2011-12-31 | 12.63% |
| 2011-09-30 | 19.72% |
| 2011-06-30 | 20.02% |
| 2011-03-31 | 21.51% |
| 2010-12-31 | -7.00% |
| 2010-09-30 | 4.79% |
| 2010-06-30 | -12.87% |
| 2010-03-31 | 12.26% |
| 2009-12-31 | 20.14% |
| 2009-09-30 | 15.66% |
| 2009-06-30 | 23.68% |
| 2009-03-31 | 8.73% |
| 2008-12-31 | 63.87% |
| 2008-09-30 | 137.41% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
