Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Operating Margin (2022 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V's Operating Margin was 91.08% in the quarter ended Jun 30, 2026, down 0.74 percentage points from 91.83% a year earlier and down 0.70 percentage points from the prior quarter.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Operating Margin (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vesta Real Estate Corporation, S.A.B. de C.V's Operating Margin was 91.25% through Jun 30, 2026, down 0.20 percentage points year-over-year; for the year ended Dec 31, 2025, it was 91.60%, down 0.16 percentage points from the prior year.
- Operating Margin has now declined for three consecutive years, with a three-year change of -3.17 percentage points (years ended Dec 2022 to Dec 2025).
- In earlier years, Operating Margin was 91.76% in the year ended Dec 31, 2024 (-2.06 pp), 93.81% in the year ended Dec 31, 2023 (-0.95 pp) and 94.76% in the year ended Dec 31, 2022.
- Quarterly Operating Margin has moved between 90.42% (the quarter ended Sep 30, 2024) and 95.79% (the quarter ended Mar 31, 2023) over five years.
- Compared with a year earlier, Operating Margin has declined for three straight quarters, with an average year-over-year change of -1.08 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was the quarter ended Dec 31, 2023 (a gain of 1.35 percentage points); the worst was the quarter ended Dec 31, 2024 (a drop of 3.86 percentage points).
- Per Business Quant data, VTMX's Operating Margin in the three quarters before the quarter ended Jun 30, 2026 was 91.79% (quarter ended Mar 31, 2026), 90.84% (quarter ended Dec 31, 2025) and 91.30% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 77.96% |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 66.07% |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 85.16% |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 34.49% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 91.08% |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -16.31% |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 11.25% |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | -325.18% |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 2.44% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 91.08% |
| Mar 31, 2026 | 91.79% |
| Dec 31, 2025 | 90.84% |
| Sep 30, 2025 | 91.30% |
| Jun 30, 2025 | 91.83% |
| Mar 31, 2025 | 92.55% |
| Dec 31, 2024 | 90.95% |
| Sep 30, 2024 | 90.42% |
| Jun 30, 2024 | 91.59% |
| Mar 31, 2024 | 94.39% |
| Dec 31, 2023 | 94.81% |
| Sep 30, 2023 | 92.82% |
| Jun 30, 2023 | 93.79% |
| Mar 31, 2023 | 95.79% |
| Dec 31, 2022 | 93.46% |
| Sep 30, 2022 | 94.86% |
| Jun 30, 2022 | 94.32% |
Vesta Real Estate Corporation, S.A.B. de C.V Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=VTMX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "VTMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=VTMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();