Bluerock Homes Trust (BHM) Operating Margin (2021 - 2023)
Bluerock Homes Trust's (BHM) quarterly Operating Margin came in at 37.31% in Q3 2023, down 1055.0% year-over-year from 3.91% in Q3 2022, and down 9.07% quarter-over-quarter from 34.21% in Q2 2023.
Analysis
Bluerock Homes Trust (BHM) Operating Margin (2021 - 2023) Analysis & Trends
Bluerock Homes Trust has disclosed Operating Margin across 3 years of filings, most recently posting 37.31% for Q3 2023.
- In Q3 2023, Operating Margin fell 1055.0% year-over-year to 37.31%; the TTM figure through Sep 2023 stood at 38.91% (down 851.0% YoY), while the FY2022 annual figure was 29.14%, down 3180.0% from the prior year.
- Operating Margin came in at 37.31% for Q3 2023 at Bluerock Homes Trust, down from 34.21% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 48.06% in Q3 2021 to a low of 47.97% in Q4 2021.
- Average Operating Margin over 3 years is 26.02%, with a median of 34.21% recorded in 2023.
- The largest YoY upside for Operating Margin was 1159 bps in 2022 against a maximum downside of 7482 bps in 2022.
- Over 3 years, Operating Margin stood at 47.97% in 2021, then rose by 24 bps to 36.38% in 2022, then slipped by 3 bps to 37.31% in 2023.
- Per Business Quant data, the three most recent Operating Margin figures were 37.31% in Q3 2023, 34.21% in Q2 2023, and 47.73% in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.41 Bn | 24.41 Bn | - | - |
| 2 | Invitation Homes | 16.74 Bn | 16.74 Bn | 705.34 Mn | 6.40% |
| 3 | Mid America Apartment Communities | 14.81 Bn | 14.68 Bn | 537.17 Mn | 57.37% |
| 4 | Sun Communities | 14.23 Bn | 14.23 Bn | 460.10 Mn | 5.30% |
| 5 | Equity Lifestyle Properties | 11.85 Bn | 11.85 Bn | 375.97 Mn | 24.98% |
| 6 | American Homes 4 Rent | 11.66 Bn | 11.66 Bn | - | - |
| 7 | Udr | 11.47 Bn | 11.47 Bn | 412.43 Mn | 27.23% |
| 8 | Camden Property Trust | 10.68 Bn | 10.68 Bn | - | - |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | - |
| 10 | Bluerock Homes Trust | 33.42 Mn | -194.25 Mn | - | - |
Historic Data
Download Data
Historic 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 | -26.76% |
| Jun 30, 2022 | -28.67% |
| Mar 31, 2022 | -23.19% |
| Dec 31, 2021 | -47.97% |
| Sep 30, 2021 | 48.06% |