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Dawson Geophysical Co (Dawson Geophysical Co) Operating Income : $-4.81 Mil (TTM As of Mar. 2024)


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What is Dawson Geophysical Co Operating Income?

Dawson Geophysical Co's Operating Income for the three months ended in Mar. 2024 was $5.74 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.81 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Dawson Geophysical Co's Operating Income for the three months ended in Mar. 2024 was $5.74 Mil. Dawson Geophysical Co's Revenue for the three months ended in Mar. 2024 was $31.58 Mil. Therefore, Dawson Geophysical Co's Operating Margin % for the quarter that ended in Mar. 2024 was 18.18%.

Warning Sign:

Dawson Geophysical Co operating margin has been in a 5-year decline. The average rate of decline per year is -13.1%.

Dawson Geophysical Co's 5-Year average Growth Rate for Operating Margin % was -13.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dawson Geophysical Co's annualized ROC % for the quarter that ended in Mar. 2024 was 67.31%. Dawson Geophysical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 113.32%.


Dawson Geophysical Co Operating Income Historical Data

The historical data trend for Dawson Geophysical Co's Operating Income 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.

Dawson Geophysical Co Operating Income Chart

Dawson Geophysical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.25 -13.99 -29.23 -22.20 -11.12

Dawson Geophysical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income 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 -0.57 -4.78 -5.69 -0.08 5.74

Dawson Geophysical Co Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.81 Mil.

* 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.


Dawson Geophysical Co  (NAS:DWSN) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Dawson Geophysical Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=22.968 * ( 1 - 3.34% )/( (38.813 + 27.153)/ 2 )
=22.2008688/32.983
=67.31 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Dawson Geophysical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24.376/( ( (19.716 + max(2.235, 0)) + (19.218 + max(1.854, 0)) )/ 2 )
=24.376/( ( 21.951 + 21.072 )/ 2 )
=24.376/21.5115
=113.32 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.735 + 0 + 9.336) - (7.669 + 11.829 + 0.338)
=2.235

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.888 + 0 + 11.578) - (19.294 + 5.318 + 0)
=1.854

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Dawson Geophysical Co'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 )
=5.742/31.584
=18.18 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, 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 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.


Dawson Geophysical Co Operating Income Related Terms

Thank you for viewing the detailed overview of Dawson Geophysical Co's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Dawson Geophysical Co (Dawson Geophysical Co) Business Description

Traded in Other Exchanges
Address
508 West Wall, Suite 800, Midland, TX, USA, 79701
Dawson Geophysical Co is a provider of onshore seismic data acquisition services with operations throughout the continental United States and Canada. The company acquires and processes 2 D, 3 D, and multi-component seismic data for clients, ranging from oil and gas companies to independent oil and gas operators for use in the onshore drilling and production of oil and natural gas as well as provides multi-client data libraries. It operates through a single segment being Contract seismic data acquisition and processing services. In addition, the company provides multi-component seismic data surveys which involve the recording of alternative seismic waves. Geographically, it generates maximum revenue from the United States.
Executives
William Anthony Clark officer: EVP & Chief Business Officer 13927 S. GESSNER RD, MISSOURI CITY TX 77489
Wilks Brothers, Llc 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Bruce Franklin Bradley director 3815 BRADLEY LANE, CHEVY CHASE MD 20815
Wb Acquisitions Inc. 10 percent owner 17010 INTERSTATE HIGHWAY 20, CISCO TX 76437
Matthew Wilks director 17010 IH-20, CISCO TX 76437
Staci Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Sergei Krylov director 6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116
C Ray Tobias officer: EVP, Chief Operating Officer 508 WEST WALL SUITE 800, MIDLAND TX 79701
Stephen C Jumper director, officer: President and CEO 508 WEST WALL, SUITE 800, MIDLAND TX 79701
James W Thomas officer: EVP, Chief Technical Officer 508 W WALL, SUITE 800, MIDLAND TX 79701
William J Barrett director 210 SUNDIAL COURT, VERO BEACH FL 32963
Michael L Klofas director 64 WINDHAM DRIVE, EAST LONGMEADOW MA 01028
Allen T Mcinnes director, 10 percent owner, officer: Chairman of the Board & Secy. 4532 7TH STREET, LUBBOCK TX 79416