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 16.18% is 10% below its 5-year average of 18.08%, around the middle of its 5-year range (12.76%–21.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.70% below its 12-month average of 17.92%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
16.18%
OPERATING MARGIN AVG TTM
17.92%
OPERATING MARGIN AVG 3Y
18.43%
OPERATING MARGIN AVG 5Y
18.08%
OPERATING MARGIN AVG 10Y
19.25%
OPERATING MARGIN AVG 15Y
31.71%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-9.70%
CURRENT VS 3Y AVG
-12.21%
CURRENT VS 5Y AVG
-10.48%
CURRENT VS 10Y AVG
-15.95%
CURRENT VS 15Y AVG
-48.96%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
29.30%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-44.78%
vs the sector median at left
Healthpeak Properties, Inc.
Market Cap
$14.24B
Operating Margin
16.18%
TTM Avg
17.92%
3Y Avg
18.43%
5Y Avg
18.08%
Market Cap
$14.58B
Operating Margin
25.14%
TTM Avg
18.62%
3Y Avg
18.46%
5Y Avg
23.55%
Market Cap
$13.83B
Operating Margin
40.33%
TTM Avg
50.73%
3Y Avg
58.00%
5Y Avg
60.23%
Market Cap
$15.40B
Operating Margin
26.88%
TTM Avg
29.00%
3Y Avg
30.30%
5Y Avg
28.80%
Market Cap
$15.62B
Operating Margin
14.44%
TTM Avg
14.49%
3Y Avg
15.09%
5Y Avg
-1.19%
Market Cap
$12.36B
Operating Margin
2.18%
TTM Avg
-1.03%
3Y Avg
7.53%
5Y Avg
11.63%
Market Cap
$16.30B
Operating Margin
35.80%
TTM Avg
33.02%
3Y Avg
33.65%
5Y Avg
32.85%
Market Cap
$10.89B
Operating Margin
17.81%
TTM Avg
18.80%
3Y Avg
19.25%
5Y Avg
19.49%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Healthpeak Properties, Inc. (DOC) | $14.24B | 16.18% | 17.92% | 18.43% | 18.08% |
| Sun Communities, Inc. (SUI)vs › | $14.58B | 25.14% | 18.62% | 18.46% | 23.55% |
| Regency Centers Corporation (REG)vs › | $13.83B | 40.33% | 50.73% | 58.00% | 60.23% |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.40B | 26.88% | 29.00% | 30.30% | 28.80% |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.62B | 14.44% | 14.49% | 15.09% | -1.19% |
| CoStar Group, Inc. (CSGP)vs › | $12.36B | 2.18% | -1.03% | 7.53% | 11.63% |
| Kimco Realty Corporation (KIM)vs › | $16.30B | 35.80% | 33.02% | 33.65% | 32.85% |
| UDR, Inc. (UDR)vs › | $11.96B | 18.83% | 17.92% | 22.85% | 22.04% |
| Camden Property Trust (CPT)vs › | $10.89B | 17.81% | 18.80% | 19.25% | 19.49% |
| BXP, Inc. (BXP)vs › | $10.84B | 55.71% | 42.85% | 37.89% | 36.34% |
Gross Margin
22.5%
Operating Margin
16.2%
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 | 16.18% |
| 2026-03-31 | 15.54% |
| 2025-12-31 | 20.27% |
| 2025-09-30 | 18.66% |
| 2025-06-30 | 18.94% |
| 2025-03-31 | 19.22% |
| 2024-12-31 | 17.56% |
| 2024-09-30 | 16.69% |
| 2024-06-30 | 16.03% |
| 2024-03-31 | 19.84% |
| 2023-12-31 | 21.52% |
| 2023-09-30 | 20.83% |
| 2023-06-30 | 18.35% |
| 2023-03-31 | 18.80% |
| 2022-12-31 | 12.76% |
| 2022-09-30 | 19.69% |
| 2022-06-30 | 18.85% |
| 2022-03-31 | 17.97% |
| 2021-12-31 | 16.51% |
| 2021-09-30 | 16.38% |
| 2021-06-30 | 19.02% |
| 2021-03-31 | 20.00% |
| 2020-12-31 | -46.73% |
| 2020-09-30 | 18.13% |
| 2020-06-30 | 16.48% |
| 2020-03-31 | -0.99% |
| 2019-12-31 | 13.35% |
| 2019-09-30 | 17.66% |
| 2019-06-30 | 17.32% |
| 2019-03-31 | 26.12% |
| 2018-12-31 | 25.40% |
| 2018-09-30 | 26.12% |
| 2018-06-30 | 27.66% |
| 2018-03-31 | 28.01% |
| 2017-12-31 | 19.46% |
| 2017-09-30 | 31.84% |
| 2017-06-30 | 33.50% |
| 2017-03-31 | 35.36% |
| 2016-12-31 | -106.48% |
| 2016-09-30 | 31.41% |
| 2016-06-30 | 36.51% |
| 2016-03-31 | 34.43% |
| 2015-12-31 | 49.78% |
| 2015-09-30 | 50.00% |
| 2015-06-30 | 52.99% |
| 2015-03-31 | 55.58% |
| 2014-12-31 | 57.96% |
| 2014-09-30 | 59.43% |
| 2014-06-30 | 60.15% |
| 2014-03-31 | 61.51% |
| 2013-12-31 | 63.04% |
| 2013-09-30 | 58.71% |
| 2013-06-30 | 59.56% |
| 2013-03-31 | 61.56% |
| 2012-12-31 | 60.94% |
| 2012-09-30 | 61.71% |
| 2012-06-30 | 63.13% |
| 2012-03-31 | 62.11% |
