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Orbit Garant Drilling (Orbit Garant Drilling) Net Margin % : 4.08% (As of Mar. 2024)


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What is Orbit Garant Drilling Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Orbit Garant Drilling's Net Income for the three months ended in Mar. 2024 was $1.5 Mil. Orbit Garant Drilling's Revenue for the three months ended in Mar. 2024 was $35.6 Mil. Therefore, Orbit Garant Drilling's net margin for the quarter that ended in Mar. 2024 was 4.08%.

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

OBGRF' s Net Margin % Range Over the Past 10 Years
Min: -9.35   Med: -2.84   Max: 2.59
Current: -2.31


OBGRF's Net Margin % is ranked worse than
53.15% of 856 companies
in the Metals & Mining industry
Industry Median: 0.035 vs OBGRF: -2.31

Orbit Garant Drilling Net Margin % Historical Data

The historical data trend for Orbit Garant Drilling'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.

Orbit Garant Drilling Net Margin % Chart

Orbit Garant Drilling Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.27 -5.34 1.40 -3.40 -0.33

Orbit Garant Drilling 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 0.40 -8.69 -0.98 -3.87 4.08

Competitive Comparison of Orbit Garant Drilling's Net Margin %

For the Other Industrial Metals & Mining subindustry, Orbit Garant Drilling'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.


Orbit Garant Drilling's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Orbit Garant Drilling's Net Margin % distribution charts can be found below:

* The bar in red indicates where Orbit Garant Drilling's Net Margin % falls into.



Orbit Garant Drilling 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.

Orbit Garant Drilling's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-0.504/151.269
=-0.33 %

Orbit Garant Drilling'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 )
=1.452/35.613
=4.08 %

* 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.


Orbit Garant Drilling  (OTCPK:OBGRF) 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.


Orbit Garant Drilling Net Margin % Related Terms

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Orbit Garant Drilling (Orbit Garant Drilling) Business Description

Traded in Other Exchanges
Address
3200, Jean Jacques Cossette Boulevard, Val-d'Or, QC, CAN, J9P 6Y6
Orbit Garant Drilling Inc is a Canadian based drilling company providing services to mining companies through all stages of exploration, development, and production. The company operates a surface and underground diamond drilling business. The firm also manufactures conventional drill rigs while also manufacturing and providing other support equipment such as water recirculation systems, heat recovery systems, and fuel-efficient systems. The company operates in Canada, the United States, Central and South America, and West Africa. The majority of the company's revenue is derived from operations in Canada.

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