GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Taurus Armas SA (BSP:TASA3) » Definitions » Operating Margin %

Taurus Armas (BSP:TASA3) Operating Margin % : 2.53% (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Taurus Armas Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Taurus Armas's Operating Income for the three months ended in Dec. 2023 was R$11 Mil. Taurus Armas's Revenue for the three months ended in Dec. 2023 was R$419 Mil. Therefore, Taurus Armas's Operating Margin % for the quarter that ended in Dec. 2023 was 2.53%.

Good Sign:

Taurus Armas SA operating margin is expanding. Margin expansion is usually a good sign.

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

BSP:TASA3' s Operating Margin % Range Over the Past 10 Years
Min: -23.39   Med: 8.34   Max: 35.43
Current: 11.51


BSP:TASA3's Operating Margin % is ranked better than
72.37% of 304 companies
in the Aerospace & Defense industry
Industry Median: 6.89 vs BSP:TASA3: 11.51

Taurus Armas's 5-Year Average Operating Margin % Growth Rate was 21.70% per year.

Taurus Armas's Operating Income for the three months ended in Dec. 2023 was R$11 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was R$205 Mil.


Taurus Armas Operating Margin % Historical Data

The historical data trend for Taurus Armas'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.

Taurus Armas Operating Margin % Chart

Taurus Armas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.84 23.67 35.43 30.15 11.50

Taurus Armas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 26.53 13.36 14.54 14.91 2.53

Competitive Comparison of Taurus Armas's Operating Margin %

For the Aerospace & Defense subindustry, Taurus Armas'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.


Taurus Armas's Operating Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taurus Armas's Operating Margin % distribution charts can be found below:

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



Taurus Armas 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.

Taurus Armas's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=204.925 / 1781.887
=11.50 %

Taurus Armas'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 )
=10.582 / 419.05
=2.53 %

* 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.


Taurus Armas  (BSP:TASA3) 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.


Taurus Armas Operating Margin % Related Terms

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


Taurus Armas (BSP:TASA3) Business Description

Traded in Other Exchanges
Address
Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411
Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.

Taurus Armas (BSP:TASA3) Headlines

No Headlines