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Energy Services of America (Energy Services of America) Operating Income : $16.9 Mil (TTM As of Mar. 2024)


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What is Energy Services of America Operating Income?

Energy Services of America's Operating Income for the three months ended in Mar. 2024 was $-1.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $16.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Energy Services of America's Operating Income for the three months ended in Mar. 2024 was $-1.1 Mil. Energy Services of America's Revenue for the three months ended in Mar. 2024 was $71.1 Mil. Therefore, Energy Services of America's Operating Margin % for the quarter that ended in Mar. 2024 was -1.52%.

Energy Services of America's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Energy Services of America's annualized ROC % for the quarter that ended in Mar. 2024 was -3.49%. Energy Services of America's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -6.97%.


Energy Services of America Operating Income Historical Data

The historical data trend for Energy Services of America'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.

Energy Services of America Operating Income Chart

Energy Services of America Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 3.67 -1.12 6.49 13.04

Energy Services of America 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 -1.99 5.60 8.76 3.64 -1.08

Energy Services of America 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 $16.9 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.


Energy Services of America  (NAS:ESOA) Operating Income Explanation

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

Energy Services of America'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 )
=-4.328 * ( 1 - 25.17% )/( (91.285 + 94.48)/ 2 )
=-3.2386424/92.8825
=-3.49 %

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:

Energy Services of America'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 )
=-3.436/( ( (39.199 + max(4.043, 0)) + (39.745 + max(15.676, 0)) )/ 2 )
=-3.436/( ( 43.242 + 55.421 )/ 2 )
=-3.436/49.3315
=-6.97 %

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)
=(52.858 + 0 + 2.687) - (33.838 + 17.664 + 0)
=4.043

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(56.423 + 0 + 5.107) - (29.545 + 16.309 + 0)
=15.676

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 %:

Energy Services of America'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 )
=-1.082/71.128
=-1.52 %

* 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.


Energy Services of America Operating Income Related Terms

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Energy Services of America (Energy Services of America) Business Description

Traded in Other Exchanges
N/A
Address
75 West 3rd Avenue, Huntington, WV, USA, 25701
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
Executives
Frank S Lucente director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Douglas V Reynolds 10 percent owner 900 OLD FREEPORT ROAD, PITTSBURGH PA 15238
Patrick J Farrell director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Marshall T Reynolds director, 10 percent owner, officer: Chairman, CEO and Secretary 2450 FIRST AVENUE, HUNTINGTON WV 25704
Mark Prince director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Joseph L Williams director 2450 FIRST AVENUE, HUNTINGTON WV 25703
Brian Pratt 10 percent owner 5950 BERKSHIRE LANE, SUITE 800, DALLAS TX 75225
Amy E Abraham director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Riddle Robert Neil Jr officer: Chief Operating Officer 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Samuel G Kapourales director C/O ENERGY SERVICES OF AMERICA CORP., 75 WEST 3RD AVE., HUNTINGTON WV 25701
Bruce H. Elliott director 100 INDUSTRIAL LANE, HUNTINGTON WV 25702
Daniel Mannes director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Keith F Molihan director 533 TOWNSHIP RAOD 1185, IRONTON OH 45638
Charles Abraham director 75 WEST 3RD AVENUE, HUNTINGTON WV 25701
Nester S Logan director 823 EIGHTH STREET, HUNTINGTON WV 25701