Franklin Street Properties (FSP) Operating Margin (2009 - 2025)
Franklin Street Properties (FSP) reported Operating Margin of 41.64% for Q3 2025, down 78.0% year-over-year from 189.26% in Q3 2024, and down 5.92% quarter-over-quarter from 44.26% in Q2 2025.
Franklin Street Properties (FSP) Operating Margin (2009 - 2025) Analysis & Trends
Franklin Street Properties (FSP) has 17 years of Operating Margin data on file, last reported at 41.64% in Q3 2025.
- Operating Margin for Q3 2025 came in at 41.64%, down 78.0% year-over-year; the trailing twelve-month figure through Sep 2025 was 42.23% (up 2469.0% YoY), and the FY2024 annual result was 43.57%, down 291.0% from the prior year.
- Operating Margin eased to 41.64% in Q3 2025 per FSP's latest filing, from 44.26% in the prior quarter.
- Over five years, Operating Margin peaked at 45.68% in Q1 2024 and troughed at 54.26% in Q2 2023.
- A 5-year average of 11.34% and a median of 36.78% in 2021 frame the typical range for Operating Margin.
- On a YoY basis, Operating Margin climbed as much as 476536 bps in 2021 and fell as far as 3419 bps in 2021.
- A 5-year view of Operating Margin shows it stood at 45.1% in 2021, then fell by 0 bps to 45.14% in 2022, then fell by 19 bps to 53.87% in 2023, then surged by 175 bps to 40.21% in 2024, then rose by 4 bps to 41.64% in 2025.
- Business Quant data shows FSP's Operating Margin at 41.64% in Q3 2025, 44.26% in Q2 2025, and 42.95% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | -39.74% |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | -5,571.50% |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | 75.60% |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 26.30% |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | -10.17% |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | 15.48% |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | -26.88% |
| 10 | Franklin Street Properties | 66.00 Mn | 66.00 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 41.64% |
| Jun 30, 2025 | 44.26% |
| Mar 31, 2025 | 42.95% |
| Dec 31, 2024 | 40.21% |
| Sep 30, 2024 | 42.42% |
| Jun 30, 2024 | 45.64% |
| Mar 31, 2024 | 45.68% |
| Dec 31, 2023 | -53.87% |
| Sep 30, 2023 | -50.64% |
| Jun 30, 2023 | -54.26% |
| Mar 31, 2023 | -50.14% |
| Dec 31, 2022 | -45.14% |
| Sep 30, 2022 | -47.37% |
| Jun 30, 2022 | -49.05% |
| Mar 31, 2022 | -40.09% |
| Dec 31, 2021 | -45.10% |
| Sep 30, 2021 | -36.78% |
| Jun 30, 2021 | -34.92% |
| Mar 31, 2021 | -10.83% |
| Dec 31, 2020 | -36.59% |