JBG SMITH Properties (JBGS) Operating Margin (2016 - 2026)
JBG SMITH Properties' (JBGS) quarterly Operating Margin came in at 47.74% in Q1 2026, down 635.0% year-on-year from 8.92% in Q1 2025, and up 0.96% quarter-over-quarter from 47.29% in Q4 2025.
JBG SMITH Properties (JBGS) Operating Margin (2016 - 2026) Analysis & Trends
JBG SMITH Properties' Operating Margin history runs 6 years deep, the most recent figure standing at 47.74% for Q1 2026.
- On a quarterly basis, Operating Margin fell 635.0% year-over-year to 47.74% in Q1 2026; TTM through Mar 2026 was 48.62%, a 278.0% decrease from a year earlier, with the FY2025 full-year figure at 50.17%, down 49.0% from the prior year.
- Operating Margin grew to 47.74% in Q1 2026 per JBGS's latest filing, from 47.29% in the prior quarter.
- Across five years, Operating Margin topped out at 54.09% in Q1 2025 and bottomed at 47.29% in Q4 2025.
- The 3-year median for Operating Margin is 50.35% (2024), against an average of 50.13%.
- Across the five-year window, Operating Margin jumped 324 bps in 2025 and tumbled 635 bps in 2026, its largest moves.
- Year by year, Operating Margin stood at 50.35% in 2024, then declined by 6 bps to 47.29% in 2025, then advanced by 1 bps to 47.74% in 2026.
- Per Business Quant, the three latest JBGS Operating Margin figures stand at 47.74% (Q1 2026), 47.29% (Q4 2025), and 47.54% (Q3 2025).
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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 | Gladstone Commercial | 618.64 Mn | 788.68 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.74% |
| Dec 31, 2025 | 47.29% |
| Sep 30, 2025 | 47.54% |
| Jun 30, 2025 | 51.89% |
| Mar 31, 2025 | 54.09% |
| Dec 31, 2024 | 50.35% |
| Sep 30, 2024 | 50.24% |
| Jun 30, 2024 | 51.18% |
| Mar 31, 2024 | 50.86% |
| Sep 30, 2018 | 9.52% |
| Jun 30, 2018 | 10.46% |
| Mar 31, 2018 | 8.86% |
| Dec 31, 2017 | -5.28% |
| Sep 30, 2017 | -58.25% |
| Jun 30, 2017 | 21.37% |
| Mar 31, 2017 | 16.86% |
| Dec 31, 2016 | 20.68% |
| Sep 30, 2016 | 26.76% |
| Jun 30, 2016 | 26.01% |