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BrightSpire Capital (BrightSpire Capital) Operating Margin % : -57.07% (As of Mar. 2024)


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What is BrightSpire Capital Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. BrightSpire Capital's Operating Income for the three months ended in Mar. 2024 was $-52.9 Mil. BrightSpire Capital's Revenue for the three months ended in Mar. 2024 was $92.7 Mil. Therefore, BrightSpire Capital's Operating Margin % for the quarter that ended in Mar. 2024 was -57.07%.

The historical rank and industry rank for BrightSpire Capital's Operating Margin % or its related term are showing as below:

BRSP' s Operating Margin % Range Over the Past 10 Years
Min: -28.57   Med: 8.83   Max: 69.18
Current: -7.99


BRSP's Operating Margin % is ranked worse than
95.37% of 691 companies
in the REITs industry
Industry Median: 51.49 vs BRSP: -7.99

BrightSpire Capital's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

BrightSpire Capital's Operating Income for the three months ended in Mar. 2024 was $-52.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-30.9 Mil.

Warning Sign:

BrightSpire Capital Inc has recorded a loss in operating income at least once over the past 3 years.


BrightSpire Capital Operating Margin % Historical Data

The historical data trend for BrightSpire Capital's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BrightSpire Capital Operating Margin % Chart

BrightSpire Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial -28.57 4.62 30.83 13.03 3.00

BrightSpire Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.43 -3.14 17.08 8.13 -57.07

Competitive Comparison of BrightSpire Capital's Operating Margin %

For the REIT - Mortgage subindustry, BrightSpire Capital's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BrightSpire Capital's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BrightSpire Capital's Operating Margin % distribution charts can be found below:

* The bar in red indicates where BrightSpire Capital's Operating Margin % falls into.



BrightSpire Capital Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

BrightSpire Capital's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=11.773 / 392.105
=3.00 %

BrightSpire Capital's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-52.881 / 92.668
=-57.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BrightSpire Capital  (NYSE:BRSP) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


BrightSpire Capital Operating Margin % Related Terms

Thank you for viewing the detailed overview of BrightSpire Capital's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BrightSpire Capital (BrightSpire Capital) Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, 33rd Floor, New York, NY, USA, 10022
BrightSpire Capital Inc is an internally-managed commercial real estate credit REIT focused on originating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and net lease real estate investments predominantly in the United States. CRE debt investments consist of first mortgage loans. The operating segment of the company are Senior and Mezzanine Loans and Preferred Equity, Net Leased and Other Real Estate, CRE Debt Securities and Corporate. Geographically, the company generates revenue from the United States.
Executives
Catherine Rice director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
David A Palame officer: General Counsel and Secretary 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Andrew Elmore Witt officer: Interim CEO and President 515 SOUTH FLOWER STREET 44TH FLOOR, LOS ANGELES CA 90071
Frank V Saracino officer: Chief Accounting Officer 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Michael Mazzei officer: CEO and President 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Catherine F. Long director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Kim S Diamond director C/O BRIGHTSPIRE CAPITAL, INC., 590 MADISON AVENUE, 33RD FLOOR, NEW YORK NY 10022
Clnc Manager, Llc 10 percent owner 515 SOUTH FLOWER STREET, 44TH FLOOR, LOS ANGELES CA 90071
Nrf Holdco, Llc 10 percent owner 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Nrf Red Reit Corp. 10 percent owner C/O?NORTHSTAR?REALTY?FINANCE?CORP., PARK?AVENUE,?18TH?FLOOR, NEW YORK NY 10022
Digitalbridge Operating Company, Llc 10 percent owner 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Digitalbridge Group, Inc. 10 percent owner 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Mark M. Hedstrom director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Kevin P. Traenkle director, officer: Chief Executive Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Neale Redington officer: Chief Accounting Officer C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071