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EnerNOC (EnerNOC) Operating Income : $-23.8 Mil (TTM As of Mar. 2017)


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What is EnerNOC Operating Income?

EnerNOC's Operating Income for the three months ended in Mar. 2017 was $-28.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2017 was $-23.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. EnerNOC's Operating Income for the three months ended in Mar. 2017 was $-28.4 Mil. EnerNOC's Revenue for the three months ended in Mar. 2017 was $48.1 Mil. Therefore, EnerNOC's Operating Margin % for the quarter that ended in Mar. 2017 was -58.93%.

EnerNOC's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EnerNOC's annualized ROC % for the quarter that ended in Mar. 2017 was -96.34%. EnerNOC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was -279.74%.


EnerNOC Operating Income Historical Data

The historical data trend for EnerNOC's Operating Income 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.

EnerNOC Operating Income Chart

EnerNOC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.39 27.72 26.23 -187.97 -35.59

EnerNOC Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Operating Income 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 -40.19 4.25 23.42 -23.07 -28.35

EnerNOC Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.8 Mil.

* 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.


EnerNOC  (NAS:ENOC) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

EnerNOC's annualized ROC % for the quarter that ended in Mar. 2017 is calculated as:

ROC % (Q: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Mar. 2017 ))/ count )
=-113.4 * ( 1 - -13.56% )/( (124.457 + 142.884)/ 2 )
=-128.77704/133.6705
=-96.34 %

where

Invested Capital(Q: Dec. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=312.302 - 97.009 - ( 97.993 - max(0, 106.982 - 197.818+97.993))
=124.457

Note: The Operating Income data used here is four times the quarterly (Mar. 2017) data.

2. Joel Greenblatt's definition of Return on Capital:

EnerNOC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Mar. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-105.5/( ( (38.828 + max(-52.587, 0)) + (36.6 + max(-5.561, 0)) )/ 2 )
=-105.5/( ( 38.828 + 36.6 )/ 2 )
=-105.5/37.714
=-279.74 %

where Working Capital is:

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.722 + 0 + 17.673) - (97.009 + 8.193 + 1.78)
=-52.587

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.075 + 0 + 43.538) - (73.845 + 6.329 + 1.4210854715202E-14)
=-5.561

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2017) EBIT data.

3. Operating Income is also linked to Operating Margin %:

EnerNOC's Operating Margin % for the quarter that ended in Mar. 2017 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2017 )/Revenue (Q: Mar. 2017 )
=-28.35/48.109
=-58.93 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


EnerNOC Operating Income Related Terms

Thank you for viewing the detailed overview of EnerNOC's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


EnerNOC (EnerNOC) Business Description

Traded in Other Exchanges
N/A
Address
EnerNOC is a U.S.-based provider of intelligence software and demand response solutions. Customers of the company consist of enterprises, utilities, and electric power grid operators. The company operates through two segments. The software segment provides corporate clients with energy-management applications that help clients better control energy costs. This segment also provides energy audit services and retro-commissioning services. The demand response solutions segment provides managed service demand response resources to utilities and power grid operators. PJM, an electric power grid operator in the mid-Atlantic region of the United States, accounts for around half of the company's revenue. Most of the company's sales are generated from the United States and Australia.
Executives
Coviello Arthur W Jr director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kirk E Arnold director 75 NETWORK DRIVE, BURLINGTON MA 01803
Gary E Haroian director C/O NETWORKENGINES, 25 DAN ROAD, CANTON MA 02021-2817
Neil Moses officer: COO, CFO, and Treasurer ONE MARINA PARK DRIVE, SUITE 400 BOSTON MA 02210
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Timothy Weller officer: CFO & Treasurer 101 MERRITT 7 NORWALK CT 06851
Adam Grosser other: Former Director FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
James L Turner director 4047 NORTH PENNSYLVANIA STREET, INDIANAPOLIS IN 46205
William B Elmore 10 percent owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD STE 103, MENLO PARK CA 94025
Paul G Koontz 10 percent owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Paul R Holland 10 percent owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Warren M Weiss 10 percent owner FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Foundation Capital Vi Lp 10 percent owner, other: Mmbr 13D group owning > 10% C/O FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Foundation Capital Vi Principals Fund, Llc 10 percent owner, other: Mmbr 13D group owning > 10% 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Vi, Llc 10 percent owner, other: Mmbr 13D group owning > 10% 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025

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