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Loomis AB (OSTO:LOOMIS) Net Margin % : 4.95% (As of Mar. 2024)


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What is Loomis AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Loomis AB's Net Income for the three months ended in Mar. 2024 was kr359 Mil. Loomis AB's Revenue for the three months ended in Mar. 2024 was kr7,253 Mil. Therefore, Loomis AB's net margin for the quarter that ended in Mar. 2024 was 4.95%.

The historical rank and industry rank for Loomis AB's Net Margin % or its related term are showing as below:

OSTO:LOOMIS' s Net Margin % Range Over the Past 10 Years
Min: 3.81   Med: 6.69   Max: 8.29
Current: 4.98


OSTO:LOOMIS's Net Margin % is ranked better than
55.93% of 1062 companies
in the Business Services industry
Industry Median: 3.9 vs OSTO:LOOMIS: 4.98

Loomis AB Net Margin % Historical Data

The historical data trend for Loomis AB's Net 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.

Loomis AB Net Margin % Chart

Loomis AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.82 3.81 5.60 6.33 5.21

Loomis AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 5.92 5.05 5.68 4.23 4.95

Competitive Comparison of Loomis AB's Net Margin %

For the Security & Protection Services subindustry, Loomis AB's Net Margin %, along with its competitors' market caps and Net 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.


Loomis AB's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Loomis AB's Net Margin % falls into.



Loomis AB Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Loomis AB's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1495/28707
=5.21 %

Loomis AB's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=359/7253
=4.95 %

* 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.


Loomis AB  (OSTO:LOOMIS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Loomis AB Net Margin % Related Terms

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Loomis AB (OSTO:LOOMIS) Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

Loomis AB (OSTO:LOOMIS) Headlines

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