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 23.50% is 17% above its 5-year average of 20.14%, around the middle of its 5-year range (10.18%–37.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.75% below its 12-month average of 23.68%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
23.50%
OPERATING MARGIN AVG TTM
23.68%
OPERATING MARGIN AVG 3Y
19.49%
OPERATING MARGIN AVG 5Y
20.14%
OPERATING MARGIN AVG 10Y
20.61%
OPERATING MARGIN AVG 15Y
20.46%
OPERATING MARGIN AVG 20Y
22.11%
CURRENT VS TTM AVG
-0.75%
CURRENT VS 3Y AVG
+20.62%
CURRENT VS 5Y AVG
+16.70%
CURRENT VS 10Y AVG
+14.04%
CURRENT VS 15Y AVG
+14.89%
CURRENT VS 20Y AVG
+6.33%
SECTOR MEDIAN · REAL ESTATE
29.30%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-19.80%
vs the sector median at left
Sun Communities, Inc.
Market Cap
$14.76B
Operating Margin
23.50%
TTM Avg
23.68%
3Y Avg
19.49%
5Y Avg
20.14%
Market Cap
$14.33B
Operating Margin
17.61%
TTM Avg
18.37%
3Y Avg
18.48%
5Y Avg
17.49%
Market Cap
$14.00B
Operating Margin
40.33%
TTM Avg
50.73%
3Y Avg
58.00%
5Y Avg
60.23%
Market Cap
$15.64B
Operating Margin
26.88%
TTM Avg
29.00%
3Y Avg
30.30%
5Y Avg
28.80%
Market Cap
$15.66B
Operating Margin
14.44%
TTM Avg
14.49%
3Y Avg
15.09%
5Y Avg
-1.19%
Market Cap
$16.38B
Operating Margin
35.80%
TTM Avg
33.02%
3Y Avg
33.65%
5Y Avg
32.85%
Market Cap
$12.52B
Operating Margin
2.18%
TTM Avg
-1.03%
3Y Avg
7.53%
5Y Avg
11.63%
Market Cap
$17.90B
Operating Margin
8.38%
TTM Avg
8.18%
3Y Avg
15.51%
5Y Avg
20.07%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sun Communities, Inc. (SUI) | $14.76B | 23.50% | 23.68% | 19.49% | 20.14% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.33B | 17.61% | 18.37% | 18.48% | 17.49% |
| Regency Centers Corporation (REG)vs › | $14.00B | 40.33% | 50.73% | 58.00% | 60.23% |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.64B | 26.88% | 29.00% | 30.30% | 28.80% |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.66B | 14.44% | 14.49% | 15.09% | -1.19% |
| Kimco Realty Corporation (KIM)vs › | $16.38B | 35.80% | 33.02% | 33.65% | 32.85% |
| CoStar Group, Inc. (CSGP)vs › | $12.52B | 2.18% | -1.03% | 7.53% | 11.63% |
| UDR, Inc. (UDR)vs › | $12.10B | 18.83% | 17.92% | 22.85% | 22.04% |
| Weyerhaeuser Company (WY)vs › | $17.90B | 8.38% | 8.18% | 15.51% | 20.07% |
| Invitation Homes Inc. (INVH)vs › | $17.92B | 30.16% | 27.73% | 28.33% | 27.77% |
Gross Margin
9.3%
Operating Margin
23.5%
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 | 23.50% |
| 2026-03-31 | 11.05% |
| 2025-12-31 | 33.97% |
| 2025-09-30 | 29.88% |
| 2025-06-30 | 20.02% |
| 2025-03-31 | 12.69% |
| 2024-12-31 | 12.96% |
| 2024-09-30 | 21.91% |
| 2024-06-30 | 18.38% |
| 2024-03-31 | 13.41% |
| 2023-12-31 | 10.18% |
| 2023-09-30 | 26.36% |
| 2023-06-30 | 19.03% |
| 2023-03-31 | 11.00% |
| 2022-12-31 | 10.78% |
| 2022-09-30 | 26.83% |
| 2022-06-30 | 21.19% |
| 2022-03-31 | 12.13% |
| 2021-12-31 | 37.61% |
| 2021-09-30 | 27.11% |
| 2021-06-30 | 22.99% |
| 2021-03-31 | 14.63% |
| 2020-12-31 | 12.73% |
| 2020-09-30 | 27.35% |
| 2020-06-30 | 19.63% |
| 2020-03-31 | 23.11% |
| 2019-12-31 | 14.07% |
| 2019-09-30 | 27.46% |
| 2019-06-30 | 22.87% |
| 2019-03-31 | 23.47% |
| 2018-12-31 | 17.68% |
| 2018-09-30 | 25.42% |
| 2018-06-30 | 20.92% |
| 2018-03-31 | 23.96% |
| 2017-12-31 | 17.77% |
| 2017-09-30 | 23.78% |
| 2017-06-30 | 20.00% |
| 2017-03-31 | 23.93% |
| 2016-12-31 | 18.17% |
| 2016-09-30 | 23.30% |
| 2016-06-30 | 21.78% |
| 2016-03-31 | 22.18% |
| 2015-12-31 | 19.48% |
| 2015-09-30 | 26.19% |
| 2015-06-30 | 24.41% |
| 2015-03-31 | 23.32% |
| 2014-12-31 | 9.32% |
| 2014-09-30 | 25.10% |
| 2014-06-30 | 19.76% |
| 2014-03-31 | 24.42% |
| 2013-12-31 | 18.64% |
| 2013-09-30 | 20.40% |
| 2013-06-30 | 20.42% |
| 2013-03-31 | 25.69% |
| 2012-12-31 | 10.17% |
| 2012-09-30 | 18.83% |
| 2012-06-30 | 19.95% |
| 2012-03-31 | 25.89% |
| 2011-12-31 | 23.00% |
| 2011-09-30 | 23.10% |
| 2011-06-30 | 22.13% |
| 2011-03-31 | 27.03% |
| 2010-12-31 | 24.27% |
| 2010-09-30 | 23.27% |
| 2010-06-30 | 21.45% |
| 2010-03-31 | 27.19% |
| 2009-12-31 | 21.40% |
| 2009-09-30 | 22.35% |
| 2009-06-30 | 21.92% |
| 2009-03-31 | 25.03% |
| 2008-12-31 | 24.05% |
| 2008-09-30 | 21.78% |
| 2008-06-30 | 23.33% |
| 2008-03-31 | 27.14% |
| 2007-12-31 | 24.32% |
| 2007-09-30 | 20.38% |
| 2007-06-30 | 22.69% |
| 2007-03-31 | 25.84% |
| 2006-12-31 | 21.41% |
| 2006-09-30 | 21.68% |
| 2006-06-30 | 23.84% |
| 2006-03-31 | 25.54% |
| 2005-12-31 | 15.69% |
| 2005-09-30 | 20.68% |
| 2005-06-30 | 22.62% |
| 2005-03-31 | 29.17% |
| 2004-12-31 | -155.81% |
| 2004-09-30 | 28.97% |
| 2004-06-30 | -86.38% |
| 2004-03-31 | 35.36% |
| 2003-12-31 | 61.83% |
| 2003-09-30 | 34.23% |
| 2003-06-30 | 7.56% |
| 2003-03-31 | 13.38% |
| 2002-12-31 | 23.71% |
| 2002-09-30 | 21.83% |
