FrontView REIT (FVR) Operating Margin (2023 - 2025)

FrontView REIT's (FVR) quarterly Operating Margin came in at 19.33% in Q4 2025, up 184.16% quarter-over-quarter from 22.97% in Q3 2024.

FrontView REIT (FVR) Operating Margin (2023 - 2025) Analysis & Trends

FrontView REIT's Operating Margin history runs 3 years deep, the most recent figure standing at 19.33% for Q4 2025.

  • On a quarterly basis, Operating Margin changed N/A year-over-year to 19.33% in Q4 2025; TTM through Dec 2025 was 11.47%, a N/A change from a year earlier, with the FY2025 full-year figure at 8.29%, up 2348.0% from the prior year.
  • Operating Margin advanced to 19.33% in Q4 2025 per FVR's latest filing, from 22.97% in the prior quarter.
  • Across five years, Operating Margin topped out at 19.33% in Q4 2025 and bottomed at 42.05% in Q3 2023.
  • The 3-year median for Operating Margin is 27.07% (2023), against an average of 19.21%.
  • Biggest YoY gain for Operating Margin was 1908 bps in 2024; the steepest drop was 1908 bps in 2024.
  • Year by year, Operating Margin stood at 31.16% in 2023, then climbed by 26 bps to 22.97% in 2024, then jumped by 184 bps to 19.33% in 2025.
  • Per Business Quant, the three latest FVR Operating Margin figures stand at 19.33% (Q4 2025), 22.97% (Q3 2024), and 31.16% (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 97.80%
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 39.54%
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 21.09%
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 23.05%
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 15.48%
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 47.74%
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 25.00%
10 FrontView REIT 472.09 Mn 568.17 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 19.33%
Sep 30, 2024 -22.97%
Dec 31, 2023 -31.16%
Sep 30, 2023 -42.05%