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 24.62% is 13% below its 5-year average of 28.40%, near the low end of its 5-year range (10.82%–59.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.28% below its 12-month average of 30.12%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
24.62%
OPERATING MARGIN AVG TTM
30.12%
OPERATING MARGIN AVG 3Y
28.19%
OPERATING MARGIN AVG 5Y
28.40%
OPERATING MARGIN AVG 10Y
25.57%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-18.28%
CURRENT VS 3Y AVG
-12.67%
CURRENT VS 5Y AVG
-13.32%
CURRENT VS 10Y AVG
-3.73%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
29.30%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-15.99%
vs the sector median at left
Invitation Homes Inc.
Market Cap
$17.68B
Operating Margin
24.62%
TTM Avg
30.12%
3Y Avg
28.19%
5Y Avg
28.40%
Market Cap
$17.76B
Operating Margin
8.38%
TTM Avg
8.18%
3Y Avg
15.51%
5Y Avg
20.07%
Market Cap
$18.09B
Operating Margin
43.88%
TTM Avg
41.75%
3Y Avg
38.88%
5Y Avg
37.53%
Market Cap
$16.28B
Operating Margin
35.80%
TTM Avg
33.02%
3Y Avg
33.65%
5Y Avg
32.85%
Market Cap
$19.41B
Operating Margin
50.79%
TTM Avg
51.13%
3Y Avg
42.86%
5Y Avg
39.29%
Market Cap
$15.58B
Operating Margin
14.44%
TTM Avg
14.49%
3Y Avg
15.09%
5Y Avg
-1.19%
Market Cap
$15.36B
Operating Margin
26.88%
TTM Avg
29.00%
3Y Avg
30.30%
5Y Avg
28.80%
Market Cap
$14.59B
Operating Margin
25.14%
TTM Avg
18.62%
3Y Avg
18.46%
5Y Avg
23.55%
Market Cap
$14.25B
Operating Margin
17.61%
TTM Avg
18.37%
3Y Avg
18.48%
5Y Avg
17.49%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Invitation Homes Inc. (INVH) | $17.68B | 24.62% | 30.12% | 28.19% | 28.40% |
| Weyerhaeuser Company (WY)vs › | $17.76B | 8.38% | 8.18% | 15.51% | 20.07% |
| Essex Property Trust, Inc. (ESS)vs › | $18.09B | 43.88% | 41.75% | 38.88% | 37.53% |
| Kimco Realty Corporation (KIM)vs › | $16.28B | 35.80% | 33.02% | 33.65% | 32.85% |
| SBA Communications Corporation (SBAC)vs › | $19.41B | 50.79% | 51.13% | 42.86% | 39.29% |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.58B | 14.44% | 14.49% | 15.09% | -1.19% |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.36B | 26.88% | 29.00% | 30.30% | 28.80% |
| Sun Communities, Inc. (SUI)vs › | $14.59B | 25.14% | 18.62% | 18.46% | 23.55% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.25B | 17.61% | 18.37% | 18.48% | 17.49% |
| Regency Centers Corporation (REG)vs › | $13.81B | 40.33% | 50.73% | 58.00% | 60.23% |
Gross Margin
3.7%
Operating Margin
24.6%
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 | 24.62% |
| 2026-03-31 | 10.82% |
| 2025-12-31 | 27.30% |
| 2025-09-30 | 59.68% |
| 2025-06-30 | 28.21% |
| 2025-03-31 | 27.82% |
| 2024-12-31 | 28.15% |
| 2024-09-30 | 27.49% |
| 2024-06-30 | 28.85% |
| 2024-03-31 | 28.74% |
| 2023-12-31 | 28.03% |
| 2023-09-30 | 27.75% |
| 2023-06-30 | 29.55% |
| 2023-03-31 | 29.78% |
| 2022-12-31 | 28.84% |
| 2022-09-30 | 28.48% |
| 2022-06-30 | 29.95% |
| 2022-03-31 | 29.24% |
| 2021-12-31 | 29.00% |
| 2021-09-30 | 26.91% |
| 2021-06-30 | 27.14% |
| 2021-03-31 | 27.26% |
| 2020-12-31 | 26.25% |
| 2020-09-30 | 24.01% |
| 2020-06-30 | 25.91% |
| 2020-03-31 | 26.51% |
| 2019-12-31 | 25.43% |
| 2019-09-30 | 23.06% |
| 2019-06-30 | 24.91% |
| 2019-03-31 | 22.93% |
| 2018-12-31 | 23.25% |
| 2018-09-30 | 19.29% |
| 2018-06-30 | 17.91% |
| 2018-03-31 | 15.93% |
| 2017-12-31 | 6.85% |
| 2017-09-30 | 12.28% |
| 2017-06-30 | 22.13% |
| 2017-03-31 | 5.06% |
| 2016-12-31 | 19.34% |
| 2016-09-30 | 19.10% |
| 2016-06-30 | 21.54% |
| 2016-03-31 | 22.83% |
| 2015-12-31 | 15.52% |
| 2015-09-30 | 17.72% |
| 2015-06-30 | 11.19% |
| 2015-03-31 | 11.19% |
