Bluerock Homes Trust (BHM) Operating Margin (2021 - 2023)
Bluerock Homes Trust (BHM) reported Operating Margin of 37.31% for Q3 2023, down 1033.0% on a YoY basis from 4.0% in Q3 2022, and down 9.07% sequentially from 34.21% in Q2 2023.
Bluerock Homes Trust (BHM) Operating Margin (2021 - 2023) Analysis & Trends
Bluerock Homes Trust (BHM) has 3 years of Operating Margin data on file, last reported at 37.31% in Q3 2023.
- For the quarter ending Q3 2023, Operating Margin fell 1033.0% year-over-year to 37.31%; the trailing twelve-month figure through Sep 2023 stood at 38.91% (down 1860.0% YoY), and the FY2022 full-year result was 30.28%, down 3294.0% from the prior year.
- Operating Margin slipped to 37.31% in Q3 2023, 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 47.73% 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.
- Across the five-year window, Operating Margin slumped 7503 bps in 2022 and tumbled 553 bps in 2023, its largest moves.
- Tracing BHM's Operating Margin over 3 years: stood at 5.57% in 2021, then slumped by 553 bps to 36.38% in 2022, then decreased by 3 bps to 37.31% in 2023.
- Business Quant data shows BHM's Operating Margin at 37.31% in Q3 2023, 34.21% in Q2 2023, and 47.73% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - | - |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | - |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn | 5.48% |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn | 59.64% |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn | 1.34% |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn | 53.96% |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn | 28.26% |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - | - |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - | - |
| 10 | Bluerock Homes Trust | 33.72 Mn | 105.71 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% |