Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 2.18% is 76% below its 5-year average of 9.26%, near the low end of its 5-year range (-6.52%–27.70%).
145.54% above its 12-month average of 0.89%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 8.22%.
OPERATING MARGIN
2.18%
OPERATING MARGIN AVG TTM
0.89%
OPERATING MARGIN AVG 3Y
2.50%
OPERATING MARGIN AVG 5Y
9.26%
OPERATING MARGIN AVG 10Y
14.80%
OPERATING MARGIN AVG 15Y
12.87%
OPERATING MARGIN AVG 20Y
13.13%
CURRENT VS TTM AVG
+145.54%
CURRENT VS 3Y AVG
-12.82%
CURRENT VS 5Y AVG
-76.46%
CURRENT VS 10Y AVG
-85.27%
CURRENT VS 15Y AVG
-83.06%
CURRENT VS 20Y AVG
-83.40%
SECTOR MEDIAN · REAL ESTATE
29.30%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-92.56%
vs the sector median at left
CoStar Group, Inc.
Market Cap
$11.66B
Operating Margin
2.18%
TTM Avg
0.89%
3Y Avg
2.50%
5Y Avg
9.26%
Market Cap
$9.98B
Operating Margin
17.82%
TTM Avg
18.80%
3Y Avg
19.25%
5Y Avg
19.49%
Market Cap
$13.43B
Operating Margin
40.33%
TTM Avg
50.73%
3Y Avg
58.00%
5Y Avg
60.23%
Market Cap
$9.54B
Operating Margin
34.49%
TTM Avg
37.61%
3Y Avg
40.03%
5Y Avg
39.38%
Market Cap
$13.87B
Operating Margin
26.88%
TTM Avg
29.00%
3Y Avg
30.30%
5Y Avg
28.80%
Market Cap
$9.38B
Operating Margin
-45.72%
TTM Avg
-7.62%
3Y Avg
8.22%
5Y Avg
20.35%
Market Cap
$14.02B
Operating Margin
25.14%
TTM Avg
18.62%
3Y Avg
18.46%
5Y Avg
23.55%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CoStar Group, Inc. (CSGP) | $11.66B | 2.18% | 0.89% | 2.50% | 9.26% |
| UDR, Inc. (UDR)vs › | $10.96B | 18.83% | 17.92% | 22.85% | 22.04% |
| BXP, Inc. (BXP)vs › | $10.26B | 55.71% | 42.85% | 37.89% | 36.34% |
| Camden Property Trust (CPT)vs › | $9.98B | 17.82% | 18.80% | 19.25% | 19.49% |
| Regency Centers Corporation (REG)vs › | $13.43B | 40.33% | 50.73% | 58.00% | 60.23% |
| Federal Realty Investment Trust (FRT)vs › | $9.54B | 34.49% | 37.61% | 40.03% | 39.38% |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $13.87B | 26.88% | 29.00% | 30.30% | 28.80% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.38B | -45.72% | -7.62% | 8.22% | 20.35% |
| Sun Communities, Inc. (SUI)vs › | $14.02B | 25.14% | 18.62% | 18.46% | 23.55% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.20B | 17.61% | 18.37% | 18.48% | 17.49% |
Gross Margin
76.5%
Operating Margin
2.2%
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 | 8.22% |
| 2026-03-31 | 0.33% |
| 2025-12-31 | 5.50% |
| 2025-09-30 | -6.13% |
| 2025-06-30 | -3.48% |
| 2025-03-31 | -5.85% |
| 2024-12-31 | 5.64% |
| 2024-09-30 | 3.42% |
| 2024-06-30 | -2.38% |
| 2024-03-31 | -6.52% |
| 2023-12-31 | 10.83% |
| 2023-09-30 | 9.86% |
| 2023-06-30 | 13.05% |
| 2023-03-31 | 12.35% |
| 2022-12-31 | 22.18% |
| 2022-09-30 | 15.32% |
| 2022-06-30 | 20.54% |
| 2022-03-31 | 24.87% |
| 2021-12-31 | 27.70% |
| 2021-09-30 | 17.97% |
| 2021-06-30 | 21.03% |
| 2021-03-31 | 22.11% |
| 2020-12-31 | 12.42% |
| 2020-09-30 | 18.05% |
| 2020-06-30 | 20.48% |
| 2020-03-31 | 19.36% |
| 2019-12-31 | 26.95% |
| 2019-09-30 | 26.72% |
| 2019-06-30 | 21.76% |
| 2019-03-31 | 28.47% |
| 2018-12-31 | 33.48% |
| 2018-09-30 | 23.14% |
| 2018-06-30 | 14.74% |
| 2018-03-31 | 19.53% |
| 2017-12-31 | 19.98% |
| 2017-09-30 | 23.23% |
| 2017-06-30 | 11.76% |
| 2017-03-31 | 16.62% |
| 2016-12-31 | 21.48% |
| 2016-09-30 | 18.61% |
| 2016-06-30 | 13.59% |
| 2016-03-31 | 15.17% |
| 2015-12-31 | 18.40% |
| 2015-09-30 | -0.23% |
| 2015-06-30 | -11.80% |
| 2015-03-31 | -2.21% |
| 2014-12-31 | 14.96% |
| 2014-09-30 | 15.34% |
| 2014-06-30 | 11.45% |
| 2014-03-31 | 14.40% |
| 2013-12-31 | 18.77% |
| 2013-09-30 | 17.60% |
| 2013-06-30 | 14.02% |
| 2013-03-31 | -2.50% |
| 2012-12-31 | 9.90% |
| 2012-09-30 | 9.32% |
| 2012-06-30 | -0.02% |
| 2012-03-31 | 12.53% |
| 2011-12-31 | 11.73% |
| 2011-09-30 | 4.71% |
| 2011-06-30 | 6.29% |
| 2011-03-31 | 11.90% |
| 2010-12-31 | 12.11% |
| 2010-09-30 | 10.74% |
| 2010-06-30 | 8.04% |
| 2010-03-31 | 9.26% |
| 2009-12-31 | 10.89% |
| 2009-09-30 | 12.97% |
| 2009-06-30 | 16.36% |
| 2009-03-31 | 20.91% |
| 2008-12-31 | 24.12% |
| 2008-09-30 | 20.98% |
| 2008-06-30 | 15.91% |
| 2008-03-31 | 13.83% |
| 2007-12-31 | 24.26% |
| 2007-09-30 | 7.78% |
| 2007-06-30 | 0.51% |
| 2007-03-31 | 3.20% |
| 2006-12-31 | 9.50% |
| 2006-09-30 | 14.38% |
| 2006-06-30 | 6.16% |
| 2006-03-31 | 4.96% |
| 2005-12-31 | 11.56% |
| 2005-09-30 | 2.83% |
| 2005-06-30 | 3.70% |
| 2005-03-31 | 3.24% |
| 2004-12-31 | 7.34% |
| 2004-09-30 | 6.84% |
| 2004-06-30 | 5.01% |
| 2004-03-31 | 4.68% |
| 2003-12-31 | 3.85% |
| 2003-09-30 | 1.55% |
| 2003-06-30 | -1.83% |
| 2003-03-31 | -4.08% |
| 2002-12-31 | -4.32% |
| 2002-09-30 | -6.52% |