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2Go Group (PHS:2GO) Operating Margin % : 6.15% (As of Mar. 2023)


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What is 2Go Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. 2Go Group's Operating Income for the three months ended in Mar. 2023 was ₱317 Mil. 2Go Group's Revenue for the three months ended in Mar. 2023 was ₱5,157 Mil. Therefore, 2Go Group's Operating Margin % for the quarter that ended in Mar. 2023 was 6.15%.

The historical rank and industry rank for 2Go Group's Operating Margin % or its related term are showing as below:


PHS:2GO's Operating Margin % is not ranked *
in the Transportation industry.
Industry Median: 7.445
* Ranked among companies with meaningful Operating Margin % only.

2Go Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

2Go Group's Operating Income for the three months ended in Mar. 2023 was ₱317 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was ₱967 Mil.


2Go Group Operating Margin % Historical Data

The historical data trend for 2Go Group'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.

2Go Group Operating Margin % Chart

2Go Group 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 -3.52 0.14 -6.62 -4.72 3.85

2Go Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 2.31 4.78 4.84 3.26 6.15

Competitive Comparison of 2Go Group's Operating Margin %

For the Integrated Freight & Logistics subindustry, 2Go Group'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.


2Go Group's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, 2Go Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where 2Go Group's Operating Margin % falls into.



2Go Group 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.

2Go Group'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 )
=741.945 / 19268.221
=3.85 %

2Go Group's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=317.396 / 5156.739
=6.15 %

* 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.


2Go Group  (PHS:2GO) 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.


2Go Group Operating Margin % Related Terms

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2Go Group (PHS:2GO) Business Description

Traded in Other Exchanges
N/A
Address
Macapagal Boulevard, 8th Floor Double Dragon Plaza, Tower 1, corner EDSA Extension, Pasay, PHL, 1302
2Go Group Inc is a Philippines-based logistics provider. The group owns and operates successful brands such as 2GO Travel, 2GO Freight, 2GO Express, and 2GO Logistics, offering an array of logistics and travel services. The business functions throughout the Philippines and it offers services such as international shipping, international freight forwarding, customs clearance, domestic shipping, freight and travel, warehousing, land transport, express, projects, and trade. Its reporting segments involve the shipping segment which t provides ocean-going transportation of passengers, rolling cargo, and freight cargo and the non-shipping segment provides logistics, sale of goods, supply chain management, and other services.

2Go Group (PHS:2GO) Headlines

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