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Circor International (Circor International) Operating Margin % : 7.06% (As of Jun. 2023)


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What is Circor International Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Circor International's Operating Income for the three months ended in Jun. 2023 was $14.7 Mil. Circor International's Revenue for the three months ended in Jun. 2023 was $208.8 Mil. Therefore, Circor International's Operating Margin % for the quarter that ended in Jun. 2023 was 7.06%.

Warning Sign:

Circor International Inc operating margin has been in a 5-year decline. The average rate of decline per year is -16.6%.

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

CIR' s Operating Margin % Range Over the Past 10 Years
Min: 0.72   Med: 5.31   Max: 9.87
Current: 9.07


CIR's Operating Margin % is not ranked
in the Industrial Products industry.
Industry Median: 6.9 vs CIR: 9.07

Circor International's 5-Year Average Operating Margin % Growth Rate was -16.60% per year.

Circor International's Operating Income for the three months ended in Jun. 2023 was $14.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $74.6 Mil.


Circor International Operating Margin % Historical Data

The historical data trend for Circor International'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.

Circor International Operating Margin % Chart

Circor International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.43 1.15 0.72 5.57

Circor International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 3.21 8.63 10.99 9.55 7.06

Competitive Comparison of Circor International's Operating Margin %

For the Specialty Industrial Machinery subindustry, Circor International'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.


Circor International's Operating Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Circor International's Operating Margin % distribution charts can be found below:

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



Circor International 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.

Circor International's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=43.793 / 786.919
=5.57 %

Circor International's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=14.739 / 208.809
=7.06 %

* 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.


Circor International  (NYSE:CIR) 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.


Circor International Operating Margin % Related Terms

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


Circor International (Circor International) Business Description

Traded in Other Exchanges
N/A
Address
30 Corporate Drive, Suite 200, Burlington, MA, USA, 01803-4238
Circor International Inc. designs manufactures, and markets differentiated technology products and sub-systems. It has two reportable business segments: aerospace & defense and industrial. Circor primarily delivers flow control products and services to original equipment manufacturers (OEMs) and engineering, procurement, and construction (EPC) companies worldwide. Some of its products include positive displacement pumps, motors, specialty centrifugal pumps, metering pumps, automatic recirculating valves, control & actuators valves, and high-pressure pneumatic systems. While Circor serves diverse geographical segments, most of the company sales are generated in the United States, with valves and pumps under its industrial segment contributing the most to the company's profit.
Executives
Forrest Tiedeman officer: Vice President, Treasury & Tax C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Tony S. Najjar director, officer: President and CEO C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Helmuth Ludwig director CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Arjun Sharma officer: CFO and SVP Bus Development 50 PARK ROW WEST, PROVIDENCE RI 02903
John A Odonnell director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Jessica Wiley Wenzell officer: SVP, General Counsel & CPO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Jill D. Smith director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Losak Joseph C. Ii officer: VP Finance, Controller, PAO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
George Arthur L Jr director 12500 TI BOULEVARD, MS 8476, DALLAS TX 75243
Sumit Mehrotra officer: Group Pres, Adv Flow Solutions CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Tanya Dawkins officer: Director and Treasurer CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Amit Goel officer: VP Finance, Corp. Controller 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803