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

FrontView REIT (FVR) recorded quarterly Operating Margin of 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.

  • In Q4 2025, Operating Margin changed N/A year-over-year to 19.33%; the TTM figure through Dec 2025 stood at 11.47% (changed N/A YoY), while the FY2025 annual figure was 8.29%, up 2348.0% from the prior year.
  • Operating Margin was 19.33% for Q4 2025 at FrontView REIT, up from 22.97% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 19.33% in Q4 2025 to a low of 42.05% in Q3 2023.
  • Historically, Operating Margin has averaged 19.21% across 3 years, with a median of 27.07% in 2023.
  • Biggest YoY gain for Operating Margin was 1908 bps in 2024; the steepest drop was 1908 bps in 2024.
  • A 3-year view of Operating Margin shows it 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.
  • The last three Operating Margin figures came in at 19.33% (Q4 2025), 22.97% (Q3 2024), and 31.16% (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 97.70%
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - -
3 American Assets Trust 1.46 Bn 1.40 Bn - 21.09%
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 23.05%
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 15.48%
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - -
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 25.00%
8 Gladstone Commercial 608.72 Mn 778.76 Mn - -
9 AH Realty Trust 540.92 Mn 723.25 Mn - 22.22%
10 FrontView REIT 421.52 Mn 517.60 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%