
Vicinity Centres
ASX:VCX

Operating Margin
Vicinity Centres
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 |
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Vicinity Centres
ASX:VCX
|
11.5B AUD |
59%
|
|
US |
![]() |
Realty Income Corp
NYSE:O
|
51.6B USD |
44%
|
|
US |
![]() |
Simon Property Group Inc
NYSE:SPG
|
51.3B USD |
51%
|
|
SG |
![]() |
CapitaLand Integrated Commercial Trust
SGX:C38U
|
15.8B |
65%
|
|
US |
![]() |
Kimco Realty Corp
NYSE:KIM
|
14.2B USD |
33%
|
|
HK |
![]() |
Link Real Estate Investment Trust
HKEX:823
|
106.1B HKD |
68%
|
|
US |
![]() |
Regency Centers Corp
NASDAQ:REG
|
12.9B USD |
36%
|
|
AU |
![]() |
Scentre Group
ASX:SCG
|
18.7B AUD |
66%
|
|
FR |
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Klepierre SA
PAR:LI
|
9.7B EUR |
66%
|
|
US |
![]() |
Agree Realty Corp
NYSE:ADC
|
8.2B USD |
48%
|
|
US |
![]() |
Federal Realty Investment Trust
NYSE:FRT
|
8.2B USD |
35%
|
Vicinity Centres
Glance View
In the bustling landscape of Australian retail real estate, Vicinity Centres has carved out a significant presence as one of the leading retail property groups. Born from the merger of Federation Centres and Novion Property Group in 2015, this company owns and manages a portfolio packed with some of the most iconic shopping centres across Australia. Vicinity Centres operates primarily as a Real Estate Investment Trust (REIT), allowing investors to buy shares and receive returns in the form of dividends, sourced from the rental income and long-term value growth of its properties. This organizational approach gives Vicinity Centros a dual focus: maintaining robust relationships with retail tenants to ensure steady income streams while constantly innovating and upgrading their properties to maximize value and foot traffic. The company makes its money by leasing retail spaces to a diverse mix of tenants, from high-profile international brands to local Australian businesses, ensuring a broad appeal and a resilient tenancy base. This rental income is the lifeblood of Vicinity Centres, but their revenue strategy is not just about collecting rent. They also focus on developing vibrant, community-centric environments within their centres, often incorporating entertainment venues, dining options, and experiences that draw in visitors and increase dwell time. By doing so, Vicinity not only boosts the attractiveness of its properties to consumers but also enhances the desirability and profitability of its spaces for tenants, which in turn supports rental growth and high occupancy rates.

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 Vicinity Centres's most recent financial statements, the company has Operating Margin of 59.3%.