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Hankook (Hankook) Net Margin % : 32.71% (As of Mar. 2024)


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What is Hankook Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hankook's Net Income for the three months ended in Mar. 2024 was $85.65 Mil. Hankook's Revenue for the three months ended in Mar. 2024 was $261.83 Mil. Therefore, Hankook's net margin for the quarter that ended in Mar. 2024 was 32.71%.

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

HKOKF' s Net Margin % Range Over the Past 10 Years
Min: 15.15   Med: 21.85   Max: 259.8
Current: 22.25


HKOKF's Net Margin % is ranked better than
96.72% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 3.355 vs HKOKF: 22.25

Hankook Net Margin % Historical Data

The historical data trend for Hankook'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.

Hankook Net Margin % Chart

Hankook 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 18.72 16.55 20.47 15.15 17.18

Hankook 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 14.11 14.86 30.68 8.58 32.71

Competitive Comparison of Hankook's Net Margin %

For the Auto Parts subindustry, Hankook'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.


Hankook's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hankook's Net Margin % distribution charts can be found below:

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



Hankook 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.

Hankook'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 )
=143.541/835.382
=17.18 %

Hankook'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 )
=85.653/261.831
=32.71 %

* 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.


Hankook  (OTCPK:HKOKF) 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.


Hankook Net Margin % Related Terms

Thank you for viewing the detailed overview of Hankook's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hankook (Hankook) Business Description

Traded in Other Exchanges
Address
133 Teheran-ro, Gangnam-gu, Seoul, KOR
Hankook & Co formerly Hankook Technology Group Co Ltd manufactures and sells a variety of tires under the Hankook, Laufenn, Aurora, and Kingstar brand names. The firm's tires are used for passenger cars, suburban utility vehicles and light trucks, commercial trucks and buses, and race cars. Hankook Tire sells tires directly to automobile manufacturers and for replacement and aftermarket use. The majority of sales come from replacement and aftermarket use. More revenue comes from Europe than any other geography, followed by the Americas region.

Hankook (Hankook) Headlines

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