Bluerock Homes Trust (BHM) Operating Margin (2021 - 2023)
Bluerock Homes Trust (BHM) posted Operating Margin of 37.31% for Q3 2023, down 9.07% sequentially from 34.21% in Q2 2023, and down 1033.0% YoY from 4.0% in Q3 2022.
Bluerock Homes Trust (BHM) Operating Margin (2021 - 2023) Analysis & Trends
Bluerock Homes Trust has reported Operating Margin for 3 years, with the latest figure at 37.31% in Q3 2023.
- Quarterly Operating Margin fell 1033.0% year-over-year to 37.31% in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 38.91% (down 1860.0% YoY) and the FY2022 annual result came in at 30.28%, down 3294.0% from the prior year.
- Operating Margin slipped to 37.31% in Q3 2023 per BHM's latest filing, from 34.21% in the prior quarter.
- Over five years, Operating Margin peaked at 48.06% in Q3 2021 and troughed at 47.73% in Q1 2023.
- A 3-year average of 21.33% and a median of 28.67% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 7503 bps in 2022, then sank 553 bps in 2023.
- Over 3 years, Operating Margin stood at 5.57% in 2021, then sank by 553 bps to 36.38% in 2022, then declined by 3 bps to 37.31% in 2023.
- According to Business Quant data, Operating Margin over the past three periods registered 37.31%, 34.21%, and 47.73% for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 6.40% |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | 57.37% |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 5.30% |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | 24.98% |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | - |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 27.23% |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | - |
| 10 | Bluerock Homes Trust | 34.90 Mn | -192.77 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -37.31% |
| Jun 30, 2023 | -34.21% |
| Mar 31, 2023 | -47.73% |
| Dec 31, 2022 | -36.38% |
| Sep 30, 2022 | -26.97% |
| Jun 30, 2022 | -28.67% |
| Mar 31, 2022 | -23.19% |
| Dec 31, 2021 | -5.57% |
| Sep 30, 2021 | 48.06% |