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Iconix Brand Group (Iconix Brand Group) Operating Income : $47.7 Mil (TTM As of Mar. 2021)


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What is Iconix Brand Group Operating Income?

Iconix Brand Group's Operating Income for the three months ended in Mar. 2021 was $10.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2021 was $47.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Iconix Brand Group's Operating Income for the three months ended in Mar. 2021 was $10.2 Mil. Iconix Brand Group's Revenue for the three months ended in Mar. 2021 was $23.6 Mil. Therefore, Iconix Brand Group's Operating Margin % for the quarter that ended in Mar. 2021 was 43.34%.

Iconix Brand Group's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Iconix Brand Group's annualized ROC % for the quarter that ended in Mar. 2021 was 8.89%. Iconix Brand Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was 1,451.48%.


Iconix Brand Group Operating Income Historical Data

The historical data trend for Iconix Brand Group's Operating Income 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.

Iconix Brand Group Operating Income Chart

Iconix Brand Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.70 81.29 54.65 63.17 47.98

Iconix Brand Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Operating Income 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 10.53 6.99 14.23 16.23 10.24

Iconix Brand Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $47.7 Mil.

* 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.


Iconix Brand Group  (NAS:ICON) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Iconix Brand Group's annualized ROC % for the quarter that ended in Mar. 2021 is calculated as:

ROC % (Q: Mar. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Mar. 2021 ))/ count )
=40.968 * ( 1 - 24.58% )/( (350.095 + 344.937)/ 2 )
=30.8980656/347.516
=8.89 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2021) data.

2. Joel Greenblatt's definition of Return on Capital:

Iconix Brand Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2020  Q: Mar. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=95.42/( ( (6.863 + max(-2.498, 0)) + (6.285 + max(-1.37, 0)) )/ 2 )
=95.42/( ( 6.863 + 6.285 )/ 2 )
=95.42/6.574
=1,451.48 %

where Working Capital is:

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.736 + 0 + 11.57) - (29.847 + 5.093 + 3.864)
=-2.498

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.26 + 0 + 15.759) - (26.956 + 4.705 + 2.728)
=-1.37

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Iconix Brand Group's Operating Margin % for the quarter that ended in Mar. 2021 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2021 )/Revenue (Q: Mar. 2021 )
=10.242/23.634
=43.34 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, 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 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.


Iconix Brand Group Operating Income Related Terms

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Iconix Brand Group (Iconix Brand Group) Business Description

Traded in Other Exchanges
N/A
Address
1450 Broadway, 3rd Floor, New York, NY, USA, 10018
Iconix Brand Group Inc owns a portfolio of consumer brands in the apparel and home categories. It monetizes the brands through licensing and joint ventures with retailers and wholesalers worldwide. Its retail licensees include Wal-Mart, Target, Kohl's, and Kmart/Sears. Some of the company's notable brands are Peanuts, Mossimo, Starter, Sharper Image, and London Fog. Licensees are responsible for design, manufacture, and distribution, while Iconix manages advertising and promotional campaigns. Most agreements require licensees to pay Iconix for advertising and marketing and to guarantee Iconix a minimum amount of royalty revenue.
Executives
Robert Galvin director, officer: President and CEO 78 GOLF LANE, RIDGEFIELD CT 06877
John Mcclain officer: EVP & CFO C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Jeffrey Neil Wood officer: Interim CFO 50 HOMESTEAD RD GILLETTE NJ 07933
F Peter Cuneo director, officer: Chairman and Interim CEO 10 EAST 40TH ST, NEW YORK NY 10016
John N Haugh director, officer: President and CEO 3231 S E SIXTH AVENUE, TOPEKA KS 66607
David K. Jones officer: EVP & CFO 1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Jason Schaefer officer: EVP and General Counsel C O ICONIX BRAND GROUP INC 1450 BROADWAY 4TH FL NEW YORK NY 10018
Khosla Sanjay director THREE LAKES DRIVE, NORTHFIELD IL 60093
Kenneth Slutsky director 11400 W. OLYMPIC BOULEVARD SUITE 1400 LOS ANGELES CA 90064
Mark A Friedman director 595 NORTH STREET RYE NY 10580
Drew Cohen director C/O MUSIC THEATER INTERNATIONAL 421 WEST 54TH STREET NEW YORK NY 10019
James Marcum director 55 WENTWORTH COVE RD. LACONIA NH 03246
Sue Gove director 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
David Blumberg officer: EVP - Chief Strategy Officer C/O ICONIX BRAND GROUP, INC. 1450 BROADWAY, 4TH FLOOR NEW YORK NY 10018
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP

Iconix Brand Group (Iconix Brand Group) Headlines

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