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 26.88% is in line with its 5-year average of 29.34%, near the low end of its 5-year range (25.06%–33.48%).
0.49% below its 12-month average of 27.01%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 25.36%.
OPERATING MARGIN
26.88%
OPERATING MARGIN AVG TTM
27.01%
OPERATING MARGIN AVG 3Y
29.19%
OPERATING MARGIN AVG 5Y
29.34%
OPERATING MARGIN AVG 10Y
27.67%
OPERATING MARGIN AVG 15Y
26.91%
OPERATING MARGIN AVG 20Y
26.47%
CURRENT VS TTM AVG
-0.49%
CURRENT VS 3Y AVG
-7.90%
CURRENT VS 5Y AVG
-8.40%
CURRENT VS 10Y AVG
-2.86%
CURRENT VS 15Y AVG
-0.11%
CURRENT VS 20Y AVG
+1.56%
SECTOR MEDIAN · REAL ESTATE
29.30%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-8.28%
vs the sector median at left
Mid-America Apartment Communities, Inc.
Market Cap
$13.71B
Operating Margin
26.88%
TTM Avg
27.01%
3Y Avg
29.19%
5Y Avg
29.34%
Market Cap
$13.84B
Operating Margin
25.14%
TTM Avg
18.62%
3Y Avg
18.46%
5Y Avg
23.55%
Market Cap
$14.12B
Operating Margin
17.61%
TTM Avg
18.37%
3Y Avg
18.48%
5Y Avg
17.49%
Market Cap
$13.28B
Operating Margin
40.33%
TTM Avg
50.73%
3Y Avg
58.00%
5Y Avg
60.23%
Market Cap
$14.98B
Operating Margin
35.80%
TTM Avg
33.02%
3Y Avg
33.65%
5Y Avg
32.85%
Market Cap
$15.17B
Operating Margin
14.44%
TTM Avg
14.49%
3Y Avg
15.09%
5Y Avg
-1.19%
Market Cap
$15.26B
Operating Margin
8.38%
TTM Avg
8.18%
3Y Avg
15.51%
5Y Avg
20.07%
Market Cap
$11.45B
Operating Margin
2.18%
TTM Avg
-1.03%
3Y Avg
7.53%
5Y Avg
11.63%
Market Cap
$16.00B
Operating Margin
30.16%
TTM Avg
27.73%
3Y Avg
28.33%
5Y Avg
27.77%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mid-America Apartment Communities, Inc. (MAA) | $13.71B | 26.88% | 27.01% | 29.19% | 29.34% |
| Sun Communities, Inc. (SUI)vs › | $13.84B | 25.14% | 18.62% | 18.46% | 23.55% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.12B | 17.61% | 18.37% | 18.48% | 17.49% |
| Regency Centers Corporation (REG)vs › | $13.28B | 40.33% | 50.73% | 58.00% | 60.23% |
| Kimco Realty Corporation (KIM)vs › | $14.98B | 35.80% | 33.02% | 33.65% | 32.85% |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.17B | 14.44% | 14.49% | 15.09% | -1.19% |
| Weyerhaeuser Company (WY)vs › | $15.26B | 8.38% | 8.18% | 15.51% | 20.07% |
| CoStar Group, Inc. (CSGP)vs › | $11.45B | 2.18% | -1.03% | 7.53% | 11.63% |
| Invitation Homes Inc. (INVH)vs › | $16.00B | 30.16% | 27.73% | 28.33% | 27.77% |
| UDR, Inc. (UDR)vs › | $10.86B | 18.83% | 17.92% | 22.85% | 22.04% |
Gross Margin
31.8%
Operating Margin
26.9%
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 | 25.36% |
| 2026-03-31 | 26.57% |
| 2025-12-31 | 28.38% |
| 2025-09-30 | 27.23% |
| 2025-06-30 | 27.53% |
| 2025-03-31 | 29.02% |
| 2024-12-31 | 29.54% |
| 2024-09-30 | 29.55% |
| 2024-06-30 | 30.33% |
| 2024-03-31 | 30.49% |
| 2023-12-31 | 32.62% |
| 2023-09-30 | 30.68% |
| 2023-06-30 | 32.12% |
| 2023-03-31 | 32.87% |
| 2022-12-31 | 33.48% |
| 2022-09-30 | 31.50% |
| 2022-06-30 | 29.90% |
| 2022-03-31 | 29.42% |
| 2021-12-31 | 28.40% |
| 2021-09-30 | 26.21% |
| 2021-06-30 | 25.06% |
| 2021-03-31 | 55.67% |
| 2020-12-31 | 25.76% |
| 2020-09-30 | 54.19% |
| 2020-06-30 | 56.48% |
| 2020-03-31 | 56.69% |
| 2019-12-31 | 28.05% |
| 2019-09-30 | 25.81% |
| 2019-06-30 | 25.88% |
| 2019-03-31 | 25.63% |
| 2018-12-31 | 27.32% |
| 2018-09-30 | 24.74% |
| 2018-06-30 | 24.35% |
| 2018-03-31 | 24.37% |
| 2017-12-31 | 25.21% |
| 2017-09-30 | 24.62% |
| 2017-06-30 | 22.46% |
| 2017-03-31 | 20.49% |
| 2016-12-31 | 14.28% |
| 2016-09-30 | 26.65% |
| 2016-06-30 | 28.58% |
| 2016-03-31 | 28.51% |
| 2015-12-31 | 29.15% |
| 2015-09-30 | 27.92% |
| 2015-06-30 | 26.59% |
| 2015-03-31 | 26.92% |
| 2014-12-31 | 27.04% |
| 2014-09-30 | 25.74% |
| 2014-06-30 | 23.75% |
| 2014-03-31 | 15.95% |
| 2013-12-31 | 6.39% |
| 2013-09-30 | 23.75% |
| 2013-06-30 | 23.80% |
| 2013-03-31 | 27.63% |
| 2012-12-31 | 28.16% |
| 2012-09-30 | 24.07% |
| 2012-06-30 | 24.32% |
| 2012-03-31 | 25.05% |
| 2011-12-31 | 23.14% |
| 2011-09-30 | 21.41% |
| 2011-06-30 | 19.95% |
| 2011-03-31 | 21.83% |
| 2010-12-31 | 63.24% |
| 2010-09-30 | 20.88% |
| 2010-06-30 | 23.39% |
| 2010-03-31 | 24.39% |
| 2009-12-31 | 22.89% |
| 2009-09-30 | 7.24% |
| 2009-06-30 | 25.97% |
| 2009-03-31 | 26.80% |
| 2008-12-31 | 25.49% |
| 2008-09-30 | 24.67% |
| 2008-06-30 | 26.13% |
| 2008-03-31 | 26.86% |
| 2007-12-31 | 27.35% |
| 2007-09-30 | 26.32% |
| 2007-06-30 | 25.66% |
| 2007-03-31 | 25.50% |
| 2006-12-31 | 25.20% |
| 2006-09-30 | 26.10% |
| 2006-06-30 | 27.23% |
| 2006-03-31 | 27.91% |
| 2005-12-31 | 5.87% |
| 2005-09-30 | 24.57% |
| 2005-06-30 | 33.00% |
| 2005-03-31 | 33.62% |
| 2004-12-31 | 3.51% |
| 2004-09-30 | 30.99% |
| 2004-06-30 | 32.87% |
| 2004-03-31 | 32.28% |
| 2003-12-31 | 26.12% |
| 2003-09-30 | 31.47% |
| 2003-06-30 | 34.97% |
| 2003-03-31 | 36.08% |
| 2002-12-31 | 26.75% |
| 2002-09-30 | 28.54% |