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 32.85% is 39% below its 5-year average of 54.13%, around the middle of its 5-year range (-11.61%–79.45%).
0.50% below its 12-month average of 33.02%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 31.40%.
OPERATING MARGIN
32.85%
OPERATING MARGIN AVG TTM
33.02%
OPERATING MARGIN AVG 3Y
31.99%
OPERATING MARGIN AVG 5Y
54.13%
OPERATING MARGIN AVG 10Y
57.44%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.50%
CURRENT VS 3Y AVG
+2.70%
CURRENT VS 5Y AVG
-39.31%
CURRENT VS 10Y AVG
-42.81%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
21.20%
median of 115 covered companies
CURRENT VS SECTOR MEDIAN
+54.95%
vs the sector median at left
Industrial Logistics Properties Trust
Market Cap
$477.90M
Operating Margin
32.85%
TTM Avg
33.02%
3Y Avg
31.99%
5Y Avg
54.13%
Market Cap
$421.66M
Operating Margin
24.01%
TTM Avg
31.99%
3Y Avg
35.00%
5Y Avg
38.43%
Market Cap
$564.50M
Operating Margin
39.09%
TTM Avg
35.69%
3Y Avg
33.97%
5Y Avg
31.63%
Market Cap
$389.06M
Operating Margin
11.57%
TTM Avg
22.21%
3Y Avg
23.48%
5Y Avg
20.50%
Market Cap
$365.17M
Operating Margin
-0.16%
TTM Avg
-1.21%
3Y Avg
-2.80%
5Y Avg
-6.04%
Market Cap
$348.62M
Operating Margin
11.41%
TTM Avg
11.41%
3Y Avg
11.41%
5Y Avg
11.41%
Market Cap
$617.43M
Operating Margin
39.09%
TTM Avg
35.69%
3Y Avg
33.97%
5Y Avg
31.63%
Market Cap
$284.14M
Operating Margin
9.43%
TTM Avg
5.49%
3Y Avg
8.35%
5Y Avg
9.49%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Industrial Logistics Properties Trust (ILPT) | $477.90M | 32.85% | 33.02% | 31.99% | 54.13% |
| Gladstone Land Corporation (LAND)vs › | $421.66M | 24.01% | 31.99% | 35.00% | 38.43% |
| Gladstone Commercial Corporation (GOODO)vs › | $564.50M | 39.09% | 35.69% | 33.97% | 31.63% |
| FRP Holdings, Inc. (FRPH)vs › | $389.06M | 11.57% | 22.21% | 23.48% | 20.50% |
| The Real Brokerage Inc. (REAX)vs › | $365.17M | -0.16% | -1.21% | -2.80% | -6.04% |
| Office Properties Income Trust (OPI)vs › | $348.62M | 11.41% | 11.41% | 11.41% | 11.41% |
| Gladstone Commercial Corporation (GOOD)vs › | $617.43M | 39.09% | 35.69% | 33.97% | 31.63% |
| AGNT, Inc. (AGNT)vs › | $648.26M | -0.23% | -0.43% | -0.13% | 0.36% |
| The RMR Group Inc. (RMR)vs › | $284.14M | 9.43% | 5.49% | 8.35% | 9.49% |
| Adamas Trust, Inc. (ADAM)vs › | $688.79M | 17.11% | 0.24% | -65.32% | -42.70% |
Gross Margin
11.0%
Operating Margin
32.9%
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 | 31.40% |
| 2026-03-31 | 34.39% |
| 2025-12-31 | -11.61% |
| 2025-09-30 | 78.38% |
| 2025-06-30 | 32.52% |
| 2025-03-31 | 33.73% |
| 2024-12-31 | 31.50% |
| 2024-09-30 | 31.45% |
| 2024-06-30 | 31.55% |
| 2024-03-31 | 30.99% |
| 2023-12-31 | 30.33% |
| 2023-09-30 | 79.45% |
| 2023-06-30 | 78.50% |
| 2023-03-31 | 77.89% |
| 2022-12-31 | 79.18% |
| 2022-09-30 | 77.29% |
| 2022-06-30 | 78.56% |
| 2022-03-31 | 78.27% |
| 2021-12-31 | 78.28% |
| 2021-09-30 | 77.55% |
| 2021-06-30 | 77.17% |
| 2021-03-31 | 79.71% |
| 2020-12-31 | 78.11% |
| 2020-09-30 | 77.89% |
| 2020-06-30 | 78.84% |
| 2020-03-31 | 78.78% |
| 2019-12-31 | 79.45% |
| 2019-09-30 | 41.85% |
| 2019-06-30 | 44.65% |
| 2019-03-31 | 51.37% |
| 2018-12-31 | 54.44% |
| 2018-09-30 | 54.74% |
| 2018-06-30 | 56.41% |
| 2018-03-31 | 56.71% |
| 2017-12-31 | 40.71% |
| 2017-09-30 | 60.10% |
| 2017-06-30 | 57.37% |
| 2017-03-31 | 53.05% |
| 2016-12-31 | 59.07% |
