
Mirvac Group
ASX:MGR

Operating Margin
Mirvac Group
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
AU |
![]() |
Mirvac Group
ASX:MGR
|
8.8B AUD |
19%
|
|
ZA |
G
|
Growthpoint Properties Ltd
JSE:GRT
|
43.7B Zac |
61%
|
|
ZA |
R
|
Redefine Properties Ltd
JSE:RDF
|
29.2B Zac |
54%
|
|
US |
![]() |
WP Carey Inc
NYSE:WPC
|
13.3B USD |
49%
|
|
ZA |
A
|
Attacq Ltd
JSE:ATT
|
9.8B Zac |
54%
|
|
JP |
![]() |
KDX Realty Investment Corp
OTC:KDXRF
|
9.6B USD |
52%
|
|
AU |
![]() |
Stockland Corporation Ltd
ASX:SGP
|
12.7B AUD |
22%
|
|
FR |
![]() |
Gecina SA
PAR:GFC
|
6.7B EUR |
79%
|
|
ZA |
F
|
Fairvest Ltd
JSE:FTA
|
7.1B Zac |
52%
|
|
ZA |
S
|
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
|
7.1B Zac |
47%
|
|
US |
S
|
STORE Capital Corp
LSE:0LA6
|
6.8B USD |
57%
|
Mirvac Group
Glance View
Mirvac Group, an Australian powerhouse in the property sector, weaves its unique narrative through a blend of property development, investment, and management. Founded in 1972, Mirvac has consistently expanded its footprint across Australia's urban landscapes, focusing on developing residential, commercial, retail, and industrial properties. The company draws upon its deep well of expertise to integrate sustainable and cutting-edge designs into its projects, often transforming cityscapes into vibrant communities. By focusing on premium locations and innovative design, Mirvac ensures its properties align with the evolving needs of urban living, thus guaranteeing a steady pipeline of demand and growth. The diverse mix of properties in Mirvac’s portfolio allows it to generate revenues from sales, leasing, and recurring rental incomes, diversifying its financial streams and mitigating market risks. Critical to Mirvac's business strategy is its integrated business model, which smoothly transitions from land acquisition and property development to asset management, enabling a seamless operation across various stages of real estate projects. This allows Mirvac to capture full value across the real estate lifecycle. Long-term relationships with tenants and a reputation for quality builds underpin the group’s investment strategy, fostering stable, recurring rental income from managed assets. Mirvac’s prowess in commercial property investments, particularly in high-demand sectors such as offices and shopping centers, secures continuous cash flows that nourish its balance sheet. The group's success is regularly punctuated by its ability to adapt to market changes, innovating within the real estate development and management space, which in turn fortifies its position as a leader in the Australian property market.

See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Mirvac Group's most recent financial statements, the company has Operating Margin of 18.9%.