GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Weingarten Realty Investors (NYSE:WRI) » Definitions » Operating Margin %

Weingarten Realty Investors (Weingarten Realty Investors) Operating Margin % : 26.01% (As of Jun. 2021)


View and export this data going back to 1988. Start your Free Trial

What is Weingarten Realty Investors Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Weingarten Realty Investors's Operating Income for the three months ended in Jun. 2021 was $31.9 Mil. Weingarten Realty Investors's Revenue for the three months ended in Jun. 2021 was $122.7 Mil. Therefore, Weingarten Realty Investors's Operating Margin % for the quarter that ended in Jun. 2021 was 26.01%.

Warning Sign:

Weingarten Realty Investors operating margin has been in 5-year decline. The average rate of decline per year is -7.7%.

The historical rank and industry rank for Weingarten Realty Investors's Operating Margin % or its related term are showing as below:

WRI' s Operating Margin % Range Over the Past 10 Years
Min: 21.42   Med: 34.43   Max: 36.04
Current: 23.68


WRI's Operating Margin % is not ranked
in the REITs industry.
Industry Median: 51.83 vs WRI: 23.68

Weingarten Realty Investors's 5-Year Average Operating Margin % Growth Rate was -7.70% per year.

Weingarten Realty Investors's Operating Income for the three months ended in Jun. 2021 was $31.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2021 was $111.0 Mil.


Weingarten Realty Investors Operating Margin % Historical Data

The historical data trend for Weingarten Realty Investors's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Weingarten Realty Investors Operating Margin % Chart

Weingarten Realty Investors Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.52 33.68 34.73 32.80 21.42

Weingarten Realty Investors Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.10 22.13 19.62 26.52 26.01

Competitive Comparison of Weingarten Realty Investors's Operating Margin %

For the REIT - Retail subindustry, Weingarten Realty Investors's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Weingarten Realty Investors's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Weingarten Realty Investors's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Weingarten Realty Investors's Operating Margin % falls into.



Weingarten Realty Investors Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Weingarten Realty Investors's Operating Margin % for the fiscal year that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=92.96 / 433.917
=21.42 %

Weingarten Realty Investors's Operating Margin % for the quarter that ended in Jun. 2021 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=31.9 / 122.665
=26.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Weingarten Realty Investors  (NYSE:WRI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Weingarten Realty Investors Operating Margin % Related Terms

Thank you for viewing the detailed overview of Weingarten Realty Investors's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Weingarten Realty Investors (Weingarten Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
2600 Citadel Plaza Drive, Suite 125, Houston, TX, USA, 77008
Weingarten, founded in 1948, is a self-advised REIT that owns, acquires, and develops neighborhood shopping centers. Ownership interest in more than 300 retail assets (47 msf) is diversified in 22 states with the top 10 tenants accounting for 14% of revenue. The largest state concentrations are Texas, Florida, and California, comprising 67% of rents. Economic occupancy is 91.2% and 75% of tenants are national/regional. Differentiating Weingarten is a 9% inside ownership in its outstanding shares, compared with a 1%-3% REIT industry average.
Executives
Shelaghmichael C. Brown director 1511 NANTUCKET, HOUSTON TX 77057
C Park Shaper director 1001 LOUISIANA, STE 1000, HOUSTON TX 77002
Marc J Shapiro director J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Thomas L Ryan director 1929 ALLEN PARKWAY, HOUSTON TX 77219
Stephen A Lasher director
Douglas W Schnitzer director
Andrew M Alexander director, officer: CHAIRMAN/CEO/PRESIDENT
Stephen C Richter officer: EXEC VP/CFO
Johnny Hendrix officer: Executive VP/COO
Stanford J Alexander director, officer: CHAIRMAN 2600 JCITADEL PLAZA DRIVE HOUSTON TX 77008
James W Crownover director
Melvin A Dow director
Robert J Cruikshank director 2001 KIRBY, SUITE 313, HOUSTON TX 77019
Martin Debrovner officer: VICE CHAIRMAN
J Murry Bowden director 2600 CITADEL PLAZA DRIVE STE. 300 HOUSTON TX 77008

Weingarten Realty Investors (Weingarten Realty Investors) Headlines

From GuruFocus

Weingarten Realty Investors Declares Special Cash Dividend

By Business Wire Business Wire 12-03-2020

Weingarten Realty Investors Declares Special Cash Distribution

By Business Wire Business Wire 07-15-2021