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Newpark Resources (Newpark Resources) Operating Income : $40.0 Mil (TTM As of Dec. 2023)


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What is Newpark Resources Operating Income?

Newpark Resources's Operating Income for the three months ended in Dec. 2023 was $7.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $40.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Newpark Resources's Operating Income for the three months ended in Dec. 2023 was $7.9 Mil. Newpark Resources's Revenue for the three months ended in Dec. 2023 was $167.8 Mil. Therefore, Newpark Resources's Operating Margin % for the quarter that ended in Dec. 2023 was 4.71%.

Newpark Resources'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. Newpark Resources's annualized ROC % for the quarter that ended in Dec. 2023 was -1.56%. Newpark Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.70%.


Newpark Resources Operating Income Historical Data

The historical data trend for Newpark Resources'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.

Newpark Resources Operating Income Chart

Newpark Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.82 -63.91 -8.83 28.29 39.99

Newpark Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.53 10.14 8.69 13.25 7.90

Newpark Resources 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $40.0 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.


Newpark Resources  (NYSE:NR) Operating Income Explanation

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

Newpark Resources's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=31.608 * ( 1 - 124.44% )/( (507.186 + 484.374)/ 2 )
=-7.7249952/495.78
=-1.56 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=662.035 - 128.238 - ( 26.611 - max(0, 153.056 - 378.093+26.611))
=507.186

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=642.336 - 119.368 - ( 38.594 - max(0, 136.284 - 357.224+38.594))
=484.374

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Newpark Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15.468/( ( (214.668 + max(215.502, 0)) + (216.02 + max(190.346, 0)) )/ 2 )
=15.468/( ( 430.17 + 406.366 )/ 2 )
=15.468/418.268
=3.70 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(187.527 + 143.252 + 12.961) - (128.238 + 0 + 0)
=215.502

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(159.541 + 141.079 + 9.094) - (119.368 + 0 + 0)
=190.346

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Newpark Resources'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 )
=7.902/167.816
=4.71 %

* 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.


Newpark Resources Operating Income Related Terms

Thank you for viewing the detailed overview of Newpark Resources's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Newpark Resources (Newpark Resources) Business Description

Traded in Other Exchanges
Address
9320 Lakeside Boulevard, Suite 100, The Woodlands, TX, USA, 77381
Newpark Resources Inc is a diversified supplier providing environmentally-sensitive products, as well as rentals and services to customers across multiple industries. The company has two operating segments: Industrial Solutions segment provides temporary worksite access solutions, including the rental of recyclable composite matting systems, along with related site construction and services to customers in various markets including power transmission, oil and natural gas exploration and production, pipeline, renewable energy, petrochemical, construction, and other industries and Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers for oil, natural gas, and geothermal projects.
Executives
Claudia Michel Meer director 5425 WICKFORD DRIVE, NORTH BETHESDA MD 20852
Mary Celeste Fruge officer: VP, General Counsel 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
John C Minge director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Michael A Lewis director 77 BEALE ST, P.O. BOX 770000, SAN FRANCISCO CA 94177
Donald Win Young director 3311 DEL MONTE DRIVE, HOUSTON TX 77019
Gregg Piontek officer: VP, Controller, PAO 2700 RESEARCH FOREST DRIVE, SUITE 100, THE WOODLANDS TX 77381
Edward Chipman Earle officer: VP and Special Advisor to CEO 2103 CITY WEST BLVD., 4TH FLOOR, HOUSTON TX 77042
Matthew Lanigan officer: VP and Pres of NMIS 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Lori Briggs officer: VP & President, Industrial 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Paul L Howes director, officer: President and CEO 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Douglas L White officer: Controller, CAO, PAO 2700 RESEARCH FOREST DRIVE, SUITE 100, THE WOODLANDS TX 77381
David A Paterson officer: VP & President, Fluid Systems 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Bruce Campbell Smith officer: VP & Pres, Drilling Fluids 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
David C Anderson director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Mark J Airola officer: Vice President, General Counse 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381