GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nortech Systems Inc (NAS:NSYS) » Definitions » Net Margin %

Nortech Systems (Nortech Systems) Net Margin % : 12.07% (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Nortech Systems Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nortech Systems's Net Income for the three months ended in Dec. 2023 was $4.4 Mil. Nortech Systems's Revenue for the three months ended in Dec. 2023 was $36.1 Mil. Therefore, Nortech Systems's net margin for the quarter that ended in Dec. 2023 was 12.07%.

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

NSYS' s Net Margin % Range Over the Past 10 Years
Min: -2.18   Med: 0.1   Max: 6.21
Current: 4.93


NSYS's Net Margin % is ranked better than
60.42% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 0.045 vs NSYS: 4.93

Nortech Systems Net Margin % Historical Data

The historical data trend for Nortech Systems'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.

Nortech Systems Net Margin % Chart

Nortech Systems 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 -1.06 -1.49 6.21 1.50 4.93

Nortech Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.07 1.95 1.81 3.62 12.07

Competitive Comparison of Nortech Systems's Net Margin %

For the Medical Devices subindustry, Nortech Systems'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.


Nortech Systems's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Net Margin % distribution charts can be found below:

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



Nortech Systems 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.

Nortech Systems'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 )
=6.874/139.332
=4.93 %

Nortech Systems's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=4.352/36.054
=12.07 %

* 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.


Nortech Systems  (NAS:NSYS) 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.


Nortech Systems Net Margin % Related Terms

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


Nortech Systems (Nortech Systems) Business Description

Traded in Other Exchanges
N/A
Address
7550 Meridian Circle N, Suite 150, Maple Grove, MN, USA, 55369
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical and manufacturing services and support including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense and Industrial markets with key revenue coming from Medical device and product manufacturing and related engineering services.
Executives
Amy S. Fredregill director 7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE MN 55369
Jose Antonio Peris director 7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE MN 55369
David B Kunin director 7201 METRO BOULEVARD, MINNEAPOLIS MN 55439
David J. Graff director 7550 MERIDIAN CIRCLE N., SUITE 150, MAPLE GROVE MN 55369
Daniel Ramon Everingham 10 percent owner 617 COUNTRY VIEW LANE, GARLAND TX 75043
Jay D Miller director 7550 MERIDIAN CIR N, SUITE 150, MAPLE GROVE MN 55369
Christopher Dean Jones officer: CFO 7550 MERIDIAN CIRCLE N., SUITE 150, MAPLE GROVE MN 55369
Stacy A Kruse director 7401 BOONE AVENUE NORTH, BROOKLYN PARK MN 55428
Philip Irving Smith director 4503 BROWNDALE AVENUE, EDINA MN 55424
Dan Sachs director 7550 MERIDIAN CIRCLE N., MAPLE GROVE MN 55369
Steven J Rosenstone director 7550 MERIDIAN CIR N, SUITE 150, MAPLE GROVE MN 55369
Heidi B Grange officer: Senior Vice President of HR 7550 MERIDIAN CIRCLE N, MAPLE GROVE MN 55369
John Lindeen officer: Sr VP - Global Operations 7550 MERIDIAN CIRCLE N, SUITE 150, MAPLE GROVE MN 55369
Beck Constance officer: Chief Financial Officer NORTECH SYSTEMS INCORPORATED, 7550 MERDIAN CIRCLE N, MAPLE GROVE MN 55369
Matt Mahmood officer: Chief Operating Officer 7550 MERIDIAN CIRCLE N, SUITE 150, MAPLE GROVE MN 55369