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Davide Campari-Milano NV (MIL:CPR) Operating Margin % : 15.92% (As of Dec. 2023)


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What is Davide Campari-Milano NV Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Davide Campari-Milano NV's Operating Income for the three months ended in Dec. 2023 was €114 Mil. Davide Campari-Milano NV's Revenue for the three months ended in Dec. 2023 was €717 Mil. Therefore, Davide Campari-Milano NV's Operating Margin % for the quarter that ended in Dec. 2023 was 15.92%.

The historical rank and industry rank for Davide Campari-Milano NV's Operating Margin % or its related term are showing as below:

MIL:CPR' s Operating Margin % Range Over the Past 10 Years
Min: 13.1   Med: 20.47   Max: 22.28
Current: 21.03


MIL:CPR's Operating Margin % is ranked better than
82.46% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 8.73 vs MIL:CPR: 21.03

Davide Campari-Milano NV's 5-Year Average Operating Margin % Growth Rate was -0.30% per year.

Davide Campari-Milano NV's Operating Income for the three months ended in Dec. 2023 was €114 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was €614 Mil.


Davide Campari-Milano NV Operating Margin % Historical Data

The historical data trend for Davide Campari-Milano NV'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.

Davide Campari-Milano NV Operating Margin % Chart

Davide Campari-Milano NV 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 20.97 13.10 18.45 20.41 20.74

Davide Campari-Milano NV 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 12.20 23.60 24.62 19.83 15.92

Competitive Comparison of Davide Campari-Milano NV's Operating Margin %

For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV'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.


Davide Campari-Milano NV's Operating Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Davide Campari-Milano NV's Operating Margin % falls into.



Davide Campari-Milano NV 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.

Davide Campari-Milano NV'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 )
=605.3 / 2918.6
=20.74 %

Davide Campari-Milano NV'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 )
=114.2 / 717.3
=15.92 %

* 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.


Davide Campari-Milano NV  (MIL:CPR) 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.


Davide Campari-Milano NV Operating Margin % Related Terms

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Davide Campari-Milano NV (MIL:CPR) Business Description

Address
Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099
Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.

Davide Campari-Milano NV (MIL:CPR) Headlines

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