Algoma Central (Algoma Central) Net Margin %

: 16.70% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Algoma Central's Net Income for the three months ended in Dec. 2023 was $25.1 Mil. Algoma Central's Revenue for the three months ended in Dec. 2023 was $150.1 Mil. Therefore, Algoma Central's net margin for the quarter that ended in Dec. 2023 was 16.70%.

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

AGMJF' s Net Margin % Range Over the Past 10 Years
Min: 4.25 Med: 10.58 Max: 17.7
Current: 11.49

AGMJF's Net Margin % is ranked better than
69.92% of 974 companies
in the Transportation industry
Industry Median: 5.55 vs AGMJF: 11.49

Algoma Central Net Margin % Historical Data

The historical data trend for Algoma Central'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.

Algoma Central Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

4.25

8.40

13.72

17.70

11.49

Algoma Central Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																23.78	-17.60	16.38	17.36	16.70

Competitive Comparison

For the Marine Shipping subindustry, Algoma Central'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.

Algoma Central Net Margin % Distribution

For the Transportation industry and Industrials sector, Algoma Central's Net Margin % distribution charts can be found below:

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

Algoma Central 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.

Algoma Central'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 )
	=	61.77	/	537.582
	=	11.49 %

Algoma Central'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 )
	=	25.06	/	150.061
	=	16.70 %

Algoma Central (OTCPK:AGMJF) 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.

Algoma Central Net Margin % Related Terms

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Algoma Central (Algoma Central) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Algoma Central Corp (OTCPK:AGMJF) » Definitions » Net Margin %

Traded in Other Exchanges

ACH:Germany ALC:Canada

Address

63 Church Street, Suite 600, St. Catharines, ON, CAN, L2R 3C4

Website

https://www.algonet.com

Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The company earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.