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The Lottery (ASX:TLC) Operating Margin % : 18.35% (As of Dec. 2023)


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What is The Lottery Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. The Lottery's Operating Income for the six months ended in Dec. 2023 was A$346 Mil. The Lottery's Revenue for the six months ended in Dec. 2023 was A$1,887 Mil. Therefore, The Lottery's Operating Margin % for the quarter that ended in Dec. 2023 was 18.35%.

The historical rank and industry rank for The Lottery's Operating Margin % or its related term are showing as below:

ASX:TLC' s Operating Margin % Range Over the Past 10 Years
Min: 16.73   Med: 16.93   Max: 17.12
Current: 16.86


ASX:TLC's Operating Margin % is ranked better than
73.87% of 819 companies
in the Travel & Leisure industry
Industry Median: 8.3 vs ASX:TLC: 16.86

The Lottery's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

The Lottery's Operating Income for the six months ended in Dec. 2023 was A$346 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was A$584 Mil.


The Lottery Operating Margin % Historical Data

The historical data trend for The Lottery'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.

* Premium members only.

The Lottery Operating Margin % Chart

The Lottery Annual Data
Trend Jun22 Jun23
Operating Margin %
16.73 17.12

The Lottery Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % - - 18.79 15.08 18.35

Competitive Comparison of The Lottery's Operating Margin %

For the Gambling subindustry, The Lottery'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.


The Lottery's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Operating Margin % distribution charts can be found below:

* The bar in red indicates where The Lottery's Operating Margin % falls into.



The Lottery Operating Margin % Calculation

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.

The Lottery's Operating Margin % for the fiscal year that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=598.8 / 3498
=17.12 %

The Lottery's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=346.1 / 1886.5
=18.35 %

* 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.


The Lottery  (ASX:TLC) 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 Nokia’s 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.


The Lottery Operating Margin % Related Terms

Thank you for viewing the detailed overview of The Lottery's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Lottery (ASX:TLC) Business Description

Traded in Other Exchanges
Address
180 Ann Street, Level 8, Brisbane, QLD, AUS, 4000
The Lottery Corp is Australia's largest provider of lottery, Keno and instant scratch products, with long-dated and/or exclusive licences for lottery in all Australian states and territories except Western Australia, and in most states and territories for Keno. The Lottery Corp has a distribution network of over 3,800 franchised retailers selling instant scratch and lottery products through vendors such as newsagents, service stations, pharmacies, and convenience stores, in addition to online sales. Keno is sold in over 3,400 pubs and clubs.