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Atmus Filtration Technologies (Atmus Filtration Technologies) Operating Margin % : 13.64% (As of Mar. 2024)


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What is Atmus Filtration Technologies Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Atmus Filtration Technologies's Operating Income for the three months ended in Mar. 2024 was $58 Mil. Atmus Filtration Technologies's Revenue for the three months ended in Mar. 2024 was $427 Mil. Therefore, Atmus Filtration Technologies's Operating Margin % for the quarter that ended in Mar. 2024 was 13.64%.

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

ATMU' s Operating Margin % Range Over the Past 10 Years
Min: 11.26   Med: 12.72   Max: 13.19
Current: 12.97


ATMU's Operating Margin % is ranked better than
76.72% of 2960 companies
in the Industrial Products industry
Industry Median: 6.89 vs ATMU: 12.97

Atmus Filtration Technologies's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Atmus Filtration Technologies's Operating Income for the three months ended in Mar. 2024 was $58 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $212 Mil.


Atmus Filtration Technologies Operating Margin % Historical Data

The historical data trend for Atmus Filtration Technologies'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.

Atmus Filtration Technologies Operating Margin % Chart

Atmus Filtration Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Margin %
12.84 12.59 11.26 13.19

Atmus Filtration Technologies Quarterly Data
Dec20 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 14.52 13.52 12.80 11.86 13.64

Competitive Comparison of Atmus Filtration Technologies's Operating Margin %

For the Pollution & Treatment Controls subindustry, Atmus Filtration Technologies'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.


Atmus Filtration Technologies's Operating Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atmus Filtration Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Atmus Filtration Technologies's Operating Margin % falls into.



Atmus Filtration Technologies 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.

Atmus Filtration Technologies'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 )
=214.8 / 1628.1
=13.19 %

Atmus Filtration Technologies'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 )
=58.2 / 426.6
=13.64 %

* 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.


Atmus Filtration Technologies  (NYSE:ATMU) 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.


Atmus Filtration Technologies Operating Margin % Related Terms

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Atmus Filtration Technologies (Atmus Filtration Technologies) Business Description

Traded in Other Exchanges
N/A
Address
26 Century Boulevard, Nashville, TN, USA, 37214
Atmus Filtration Technologies Inc manufactures filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. It designs and manufactures advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide asset protection. It designs, manufactures, and sells filters, coolants, and chemical products. Atmus offers products for first-fit and aftermarket applications including air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, coolants, fuel additives, and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users.
Executives
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Renee Swan officer: Chief People Officer 26 CENTURY BOULEVARD, ONE CENTURY PLACE, SUITE 500, NASHVILLE TN 37214
Cummins Inc 10 percent owner BOX 3005 MAIL CODE 60207, 500, COLUMBUS IN 47202-3005
Nathan R Stoner director 500 JACKSON STREET, COLUMBUS IN 47201
Gretchen R Haggerty director
Jane A Leipold director C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Mark Andrew Smith director 500 JACKSON STREET, COLUMBUS IN 47201
Earl Newsome director 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Tony Satterthwaite director 1400 73RD AVENUE NE, MINNEAPOLIS MN 55432
Mark Osowick officer: Chief Human Resources Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Steph Disher director, officer: Chief Executive Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Toni Hickey officer: Chief Legal Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Cristina Burrola director 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Charles Masters officer: VP, Engine Products 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Roy Edwin Bennett director 26 CENTURY BOULEVARD, NASHVILLE TN 37214