SITE Centers (SITC) Operating Margin (2011 - 2020)
SITE Centers (SITC) posted quarterly Operating Margin of 69.4% for Q4 2020, down 431.0% year-over-year from 20.97% in Q1 2020, and little changed quarter-over-quarter from 69.38% in Q3 2020.
SITE Centers (SITC) Operating Margin (2011 - 2020) Analysis & Trends
SITE Centers (SITC) has reported Operating Margin for 10 consecutive years, with 69.4% the latest figure, recorded in Q4 2020.
- In Q4 2020, Operating Margin fell 431.0% year-over-year to 69.4%; the TTM figure through Dec 2020 stood at 74.06% (up 156.0% YoY), while the FY2020 annual figure was 69.93%, down 257.0% from the prior year.
- Operating Margin was little changed at 69.4% in Q4 2020 per SITC's latest filing, from 69.38% in the prior quarter.
- Across five years, Operating Margin topped out at 73.7% in Q4 2019 and bottomed at 67.09% in Q4 2016.
- Historically, Operating Margin has averaged 71.39% across 5 years, with a median of 72.0% in 2017.
- Annual changes were most pronounced in 2016 — Operating Margin slumped 537 bps — and 2017, when it soared 477 bps.
- SITE Centers' Operating Margin stood at 67.09% in 2016, then rose by 7 bps to 71.87% in 2017, then declined by 0 bps to 71.59% in 2018, then climbed by 3 bps to 73.7% in 2019, then dropped by 6 bps to 69.4% in 2020.
- Business Quant data shows SITC's Operating Margin at 69.4% in Q4 2020, 69.38% in Q3 2020, and 72.05% in Q1 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.65 Bn | 72.65 Bn | 1.76 Bn | 49.72% |
| 2 | Realty Income | 57.76 Bn | 57.76 Bn | - | - |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn | 35.61% |
| 4 | Federal Realty Investment Trust | 10.08 Bn | 10.08 Bn | 271.22 Mn | 41.30% |
| 5 | Agree Realty | 8.85 Bn | 8.84 Bn | - | 46.47% |
| 6 | Nnn Reit | 8.70 Bn | 8.70 Bn | - | 61.97% |
| 7 | Macerich | 6.72 Bn | 6.72 Bn | 171.77 Mn | -42.31% |
| 8 | Essential Properties Realty Trust | 6.52 Bn | 6.52 Bn | - | 64.50% |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | - |
| 10 | SITE Centers | 157.69 Mn | 157.69 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 69.40% |
| Sep 30, 2020 | 69.38% |
| Mar 31, 2020 | 72.05% |
| Dec 31, 2019 | 73.70% |
| Sep 30, 2019 | 72.69% |
| Jun 30, 2019 | 71.60% |
| Mar 31, 2019 | 72.08% |
| Dec 31, 2018 | 71.59% |
| Sep 30, 2018 | 72.52% |
| Jun 30, 2018 | 69.49% |
| Mar 31, 2018 | 69.75% |
| Dec 31, 2017 | 71.87% |
| Sep 30, 2017 | 72.50% |
| Jun 30, 2017 | 72.10% |
| Mar 31, 2017 | 72.00% |
| Dec 31, 2016 | 67.09% |
| Sep 30, 2016 | 73.14% |
| Jun 30, 2016 | 72.07% |
| Mar 31, 2016 | 71.29% |
| Dec 31, 2015 | 72.46% |