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Capital Product Partners LP (Capital Product Partners LP) Operating Margin % : 46.07% (As of Dec. 2023)


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What is Capital Product Partners LP Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Capital Product Partners LP's Operating Income for the three months ended in Dec. 2023 was $44.0 Mil. Capital Product Partners LP's Revenue for the three months ended in Dec. 2023 was $95.5 Mil. Therefore, Capital Product Partners LP's Operating Margin % for the quarter that ended in Dec. 2023 was 46.07%.

Good Sign:

Capital Product Partners LP operating margin is expanding. Margin expansion is usually a good sign.

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

CPLP' s Operating Margin % Range Over the Past 10 Years
Min: 31.32   Med: 33.52   Max: 45.28
Current: 45.02


CPLP's Operating Margin % is ranked better than
96.39% of 969 companies
in the Transportation industry
Industry Median: 7.54 vs CPLP: 45.02

Capital Product Partners LP's 5-Year Average Operating Margin % Growth Rate was 6.60% per year.

Capital Product Partners LP's Operating Income for the three months ended in Dec. 2023 was $44.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $162.3 Mil.


Capital Product Partners LP Operating Margin % Historical Data

The historical data trend for Capital Product Partners LP'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.

Capital Product Partners LP Operating Margin % Chart

Capital Product Partners LP 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 37.03 33.54 38.58 45.28 45.02

Capital Product Partners LP 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 47.27 44.28 42.84 46.62 46.07

Competitive Comparison of Capital Product Partners LP's Operating Margin %

For the Marine Shipping subindustry, Capital Product Partners LP'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.


Capital Product Partners LP's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Capital Product Partners LP's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Capital Product Partners LP's Operating Margin % falls into.



Capital Product Partners LP 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.

Capital Product Partners LP'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 )
=162.333 / 360.586
=45.02 %

Capital Product Partners LP'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 )
=44 / 95.509
=46.07 %

* 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.


Capital Product Partners LP  (NAS:CPLP) 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.


Capital Product Partners LP Operating Margin % Related Terms

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Capital Product Partners LP (Capital Product Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
3 Iassonos Street, Piraeus, GRC, 18537
Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.