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 (VTMX) has reported Operating Margin for 5 consecutive years, with 89.43% the latest figure, recorded in Q2 2026.

• Quarterly Operating Margin fell 106.0% year-over-year to 89.43% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 89.57% (down 51.0% YoY) and the FY2025 annual result came in at 90.11%, down 33.0% from the prior year.
• Operating Margin retreated to 89.43% in Q2 2026 per VTMX's latest filing, from 90.09% in the prior quarter.
• Over the last five years, Operating Margin for VTMX reached as high as 108.0% in Q2 2022 and fell as low as 88.87% in Q4 2025.
• A 5-year average of 95.37% and a median of 90.49% in 2025 frame the typical range for Operating Margin.
• Annual changes were most pronounced in 2024 — Operating Margin slumped 1626 bps — and 2025, when it surged 75 bps.
• Year by year, Operating Margin stood at 104.74% in 2022, then retreated by 13 bps to 91.59% in 2023, then declined by 3 bps to 89.26% in 2024, then dropped by 0 bps to 88.87% in 2025, then increased by 1 bps to 89.43% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 89.43%, 90.09%, and 88.87% for Q2 2026, Q1 2026, and Q4 2025 respectively.