Net margin is calculated as Net Income divided by its Revenue. The L S Starrett Co's Net Income for the
three
months ended in Dec. 2023 was $-0.4 Mil. The L S Starrett Co's Revenue for the
three
months ended in Dec. 2023 was $62.1 Mil. Therefore, The L S Starrett Co's net margin for the quarter that ended in Dec. 2023 was -0.63%.
The historical rank and industry rank for The L S Starrett Co's Net Margin % or its related term are showing as below:
SCX'
s Net Margin % Range Over the Past 10 Years
Min: -10.84 Med: 2.42 Max: 9.01
Current: 7.72
SCX's Net Margin % is ranked better than 63.21% of 2971
companies
in the Industrial Products industry
Industry Median: 5.2
vs SCX: 7.72
The L S Starrett Co Net Margin % Historical Data
The historical data trend for The L S Starrett Co'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.
For the Tools & Accessories subindustry, The L S Starrett Co'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.
The L S Starrett Co Net Margin % Distribution
For the Industrial Products industry and Industrials sector, The L S Starrett Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where The L S Starrett Co's Net Margin % falls into.
The L S Starrett Co 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.
The L S Starrett Co's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
The L S Starrett Co (NYSE:SCX) 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.
The L S Starrett Co Net Margin % Related Terms
Thank you for viewing the detailed overview of The L S Starrett Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
The L S Starrett Co (The L S Starrett Co) Business Description
The L S Starrett Co is engaged in the manufacturing of industrial, professional and consumer measuring and cutting tools and related products. Its products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and others. Its products are used in different industries such as metalworking, automotive, aviation, marine, farm, and "do-it-yourselfers" and tradesmen such as builders, carpenters, plumbers and electricians. The operating segments of the company are North American Operations is a key revenue driver; International Operations and Global Test and Measurement.
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