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Turtle Beach (FRA:0P1A) Net Margin % : 0.28% (As of Mar. 2024)


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What is Turtle Beach Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Turtle Beach's Net Income for the three months ended in Mar. 2024 was €0.1 Mil. Turtle Beach's Revenue for the three months ended in Mar. 2024 was €51.4 Mil. Therefore, Turtle Beach's net margin for the quarter that ended in Mar. 2024 was 0.28%.

The historical rank and industry rank for Turtle Beach's Net Margin % or its related term are showing as below:

FRA:0P1A' s Net Margin % Range Over the Past 10 Years
Min: -50.94   Med: -4.52   Max: 13.63
Current: -4.12


FRA:0P1A's Net Margin % is ranked worse than
72.51% of 2466 companies
in the Hardware industry
Industry Median: 2.705 vs FRA:0P1A: -4.12

Turtle Beach Net Margin % Historical Data

The historical data trend for Turtle Beach's Net 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.

Turtle Beach Net Margin % Chart

Turtle Beach Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.65 10.76 4.84 -24.79 -6.85

Turtle Beach Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 -13.03 -33.18 -6.10 8.59 0.28

Competitive Comparison of Turtle Beach's Net Margin %

For the Consumer Electronics subindustry, Turtle Beach's Net Margin %, along with its competitors' market caps and Net 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.


Turtle Beach's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Turtle Beach's Net Margin % distribution charts can be found below:

* The bar in red indicates where Turtle Beach's Net Margin % falls into.



Turtle Beach Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Turtle Beach's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-16.212/236.698
=-6.85 %

Turtle Beach's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.143/51.38
=0.28 %

* 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.


Turtle Beach  (FRA:0P1A) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Turtle Beach Net Margin % Related Terms

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Turtle Beach (FRA:0P1A) Business Description

Traded in Other Exchanges
Address
44 South Broadway, 4th Floor, White Plains, NY, USA, 10601
Turtle Beach Corp is gaming audio and accessory brand offering a broad selection of gaming headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PC, Mac, and mobile/tablet devices. The company's portfolio includes gaming headsets, PC gaming headsets, PC gaming keyboards, PC gaming mice and other accessories which are distributed internationally in North America, Europe, the Middle East, Africa, Australia, and Asia sold at thousands of storefronts, including retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target and Walmart. Geographically, it generates majority revenue from North America.

Turtle Beach (FRA:0P1A) Headlines

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