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Surf Air Mobility (Surf Air Mobility) Operating Margin % : -180.72% (As of Dec. 2023)


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What is Surf Air Mobility Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Surf Air Mobility's Operating Income for the three months ended in Dec. 2023 was $-48.50 Mil. Surf Air Mobility's Revenue for the three months ended in Dec. 2023 was $26.84 Mil. Therefore, Surf Air Mobility's Operating Margin % for the quarter that ended in Dec. 2023 was -180.72%.

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

SRFM' s Operating Margin % Range Over the Past 10 Years
Min: -282.68   Med: -263.93   Max: -167.75
Current: -167.75


SRFM's Operating Margin % is ranked worse than
99.07% of 970 companies
in the Transportation industry
Industry Median: 7.535 vs SRFM: -167.75

Surf Air Mobility's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Surf Air Mobility's Operating Income for the three months ended in Dec. 2023 was $-48.50 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-139.20 Mil.


Surf Air Mobility Operating Margin % Historical Data

The historical data trend for Surf Air Mobility'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.

Surf Air Mobility Operating Margin % Chart

Surf Air Mobility Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Margin %
-276.77 -282.68 -251.08 -225.97

Surf Air Mobility Quarterly Data
Dec20 Jun21 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 -263.09 -51.90 -212.33 -286.90 -180.72

Competitive Comparison of Surf Air Mobility's Operating Margin %

For the Airlines subindustry, Surf Air Mobility'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.


Surf Air Mobility's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Surf Air Mobility's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Surf Air Mobility's Operating Margin % falls into.



Surf Air Mobility 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.

Surf Air Mobility'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 )
=-136.722 / 60.505
=-225.97 %

Surf Air Mobility'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 )
=-48.497 / 26.836
=-180.72 %

* 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.


Surf Air Mobility  (NYSE:SRFM) 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.


Surf Air Mobility Operating Margin % Related Terms

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Surf Air Mobility (Surf Air Mobility) Business Description

Traded in Other Exchanges
N/A
Address
12111 S. Crenshaw Boulevard, Hawthorne, California 90250, Hawthorne, CA, USA, 90250
Surf Air Mobility Inc provides a regional air mobility platform with scheduled routes and on demand charter flights operated by third-party Part 135 charter operators. It generates revenue through the sale of membership products, non-member single seats, or flight products for both scheduled and on-demand flights.
Executives
Edward A. Mady director 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Bruce L. Hack director 6060 CENTER DRIVE, 5TH FLOOR, LOS ANGELES CA 90045
Carl A Albert director C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
John J. D'agostino director 201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Tyler Painter director C/O SURF AIR MOBILITY, 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Sudhin Shahani director 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Deanna Leigh White officer: Chief Financial Officer 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Tyrone D. Bland director 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Robert S. Little director, officer: Chief Executive Officer 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250