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Operating Margin % is calculated as Operating Income divided by its Revenue. Iridium Communications's Operating Income for the three months ended in Mar. 2024 was $49.8 Mil. Iridium Communications's Revenue for the three months ended in Mar. 2024 was $203.9 Mil. Therefore, Iridium Communications's Operating Margin % for the quarter that ended in Mar. 2024 was 24.42%.
Good Sign:
Iridium Communications Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Iridium Communications's Operating Margin % or its related term are showing as below:
Iridium Communications's 5-Year Average Operating Margin % Growth Rate was 21.50% per year.
Iridium Communications's Operating Income for the three months ended in Mar. 2024 was $49.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $108.3 Mil.
The historical data trend for Iridium Communications'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.
Iridium Communications Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Operating Margin % | Get a 7-Day Free Trial | 1.81 | 6.08 | 7.54 | 10.63 | 10.32 |
Iridium Communications 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 | 11.28 | -8.27 | 14.25 | 23.77 | 24.42 |
For the Telecom Services subindustry, Iridium Communications'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.
For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Iridium Communications's Operating Margin % falls into.
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.
Iridium Communications'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 ) |
= | 81.628 | / | 790.723 | |
= | 10.32 % |
Iridium Communications'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 ) |
= | 49.771 | / | 203.853 | |
= | 24.42 % |
* 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.
Iridium Communications (NAS:IRDM) 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 Nokias 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.
Thank you for viewing the detailed overview of Iridium Communications's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Matthew J Desch | director, officer: Chief Executive Officer | C/O SAIC, 10260 CAMPUS POINT DR M/S F3, SAN DIEGO CA 92121 |
Jacqueline E Yeaney | director | 2002 SUMMIT BOULEVARD, SUITE 100, ATLANTA GA 30319 |
Bryan J. Hartin | officer: EVP-Sales and Marketing | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Robert H Niehaus | director, officer: Senior Vice President | 4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142 |
Suzanne E. Mcbride | officer: Chief Operations Officer | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Barry West | director | NEXTEL, 2001 EDMUND HALLEY DR, RESTON VA 20191 |
Scott Scheimreif | officer: EVP-Government Programs | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Thomas C Canfield | director | C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025 |
Kathleen A. Morgan | officer: Chief Legal Officer | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD SUITE 1400, MCLEAN VA 22102 |
Thomas Fitzpatrick | officer: Chief Financial Officer | C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719 |
Henrik O. Schliemann | director | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
Timothy Kapalka | officer: VP Iridium Satellite LLC | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, MCLEAN VA 22102 |
Parker William Rush | director | 5525 LBJ FREEWAY, DALLAS TX 75240 |
A B Krongard | director | C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230 |
Kay Sears | director | C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102 |
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