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Tornado Global Hydrovacs (Tornado Global Hydrovacs) Net Margin % : 13.67% (As of Dec. 2023)


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What is Tornado Global Hydrovacs Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tornado Global Hydrovacs's Net Income for the three months ended in Dec. 2023 was $3.40 Mil. Tornado Global Hydrovacs's Revenue for the three months ended in Dec. 2023 was $24.86 Mil. Therefore, Tornado Global Hydrovacs's net margin for the quarter that ended in Dec. 2023 was 13.67%.

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

TGHLF' s Net Margin % Range Over the Past 10 Years
Min: -16.14   Med: -3.41   Max: 6.99
Current: 6.99


TGHLF's Net Margin % is ranked better than
63.46% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.025 vs TGHLF: 6.99

Tornado Global Hydrovacs Net Margin % Historical Data

The historical data trend for Tornado Global Hydrovacs'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.

Tornado Global Hydrovacs Net Margin % Chart

Tornado Global Hydrovacs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only -3.30 -2.16 -9.77 4.12 6.99

Tornado Global Hydrovacs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.74 3.73 4.48 3.48 13.67

Competitive Comparison of Tornado Global Hydrovacs's Net Margin %

For the Farm & Heavy Construction Machinery subindustry, Tornado Global Hydrovacs'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.


Tornado Global Hydrovacs's Net Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tornado Global Hydrovacs's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tornado Global Hydrovacs's Net Margin % falls into.



Tornado Global Hydrovacs 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.

Tornado Global Hydrovacs'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 )
=5.473/78.271
=6.99 %

Tornado Global Hydrovacs's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=3.398/24.859
=13.67 %

* 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.


Tornado Global Hydrovacs  (OTCPK:TGHLF) 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.


Tornado Global Hydrovacs Net Margin % Related Terms

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Tornado Global Hydrovacs (Tornado Global Hydrovacs) Business Description

Traded in Other Exchanges
Address
7015 MacLeod Trail South West, Suite 510, Calgary, AB, CAN, T2H 2K6
Tornado Global Hydrovacs Ltd is a truck manufacturer. The company, through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks to excavation service providers in the municipal and oil and gas markets in North America and has expanded into China. It has two geographic operating segments, North American manufacturing and sales operations, and its China operation. The majority of its revenue is derived from the North American manufacturing segment.

Tornado Global Hydrovacs (Tornado Global Hydrovacs) Headlines

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