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Akastor ASA (OSL:AKAST) Operating Margin % : 88.32% (As of Mar. 2024)


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What is Akastor ASA Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Akastor ASA's Operating Income for the three months ended in Mar. 2024 was kr567.0 Mil. Akastor ASA's Revenue for the three months ended in Mar. 2024 was kr642.0 Mil. Therefore, Akastor ASA's Operating Margin % for the quarter that ended in Mar. 2024 was 88.32%.

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

OSL:AKAST' s Operating Margin % Range Over the Past 10 Years
Min: -16.42   Med: -1.91   Max: 64.96
Current: 64.96


OSL:AKAST's Operating Margin % is ranked better than
97.23% of 975 companies
in the Oil & Gas industry
Industry Median: 7.81 vs OSL:AKAST: 64.96

Akastor ASA's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Akastor ASA's Operating Income for the three months ended in Mar. 2024 was kr567.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was kr547.0 Mil.


Akastor ASA Operating Margin % Historical Data

The historical data trend for Akastor ASA'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.

Akastor ASA Operating Margin % Chart

Akastor ASA 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 4.14 -15.53 10.08 10.86 -16.42

Akastor ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -36.76 -17.19 -17.74 2.70 88.32

Competitive Comparison of Akastor ASA's Operating Margin %

For the Oil & Gas Equipment & Services subindustry, Akastor ASA'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.


Akastor ASA's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Akastor ASA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Akastor ASA's Operating Margin % falls into.



Akastor ASA 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.

Akastor ASA'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 )
=-44 / 268
=-16.42 %

Akastor ASA's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=567 / 642
=88.32 %

* 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.


Akastor ASA  (OSL:AKAST) 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.


Akastor ASA Operating Margin % Related Terms

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Akastor ASA (OSL:AKAST) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, NOR, 1366
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.

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