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Hunter Douglas NV (Hunter Douglas NV) Operating Income : $734 Mil (TTM As of Dec. 2021)


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What is Hunter Douglas NV Operating Income?

Hunter Douglas NV's Operating Income for the three months ended in Dec. 2021 was $208 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2021 was $734 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hunter Douglas NV's Operating Income for the three months ended in Dec. 2021 was $208 Mil. Hunter Douglas NV's Revenue for the three months ended in Dec. 2021 was $1,185 Mil. Therefore, Hunter Douglas NV's Operating Margin % for the quarter that ended in Dec. 2021 was 17.55%.

Hunter Douglas NV'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. Hunter Douglas NV's annualized ROC % for the quarter that ended in Dec. 2021 was 24.05%. Hunter Douglas NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was 128.15%.


Hunter Douglas NV Operating Income Historical Data

The historical data trend for Hunter Douglas NV'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.

Hunter Douglas NV Operating Income Chart

Hunter Douglas NV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 269.00 307.00 331.00 313.00 719.00

Hunter Douglas NV Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 193.90 144.10 213.50 168.00 208.00

Hunter Douglas NV 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 Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $734 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.


Hunter Douglas NV  (OTCPK:HDUGF) Operating Income Explanation

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

Hunter Douglas NV's annualized ROC % for the quarter that ended in Dec. 2021 is calculated as:

ROC % (Q: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2021 ) + Invested Capital (Q: Dec. 2021 ))/ count )
=832 * ( 1 - 19.49% )/( (2560.7 + 3010)/ 2 )
=669.8432/2785.35
=24.05 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2021) data.

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

Hunter Douglas NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2021  Q: Dec. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1204/( ( (586.4 + max(337.6, 0)) + (590 + max(365, 0)) )/ 2 )
=1204/( ( 924 + 955 )/ 2 )
=1204/939.5
=128.15 %

where Working Capital is:

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(408.3 + 659.8 + 189.5) - (920 + 0 + 0)
=337.6

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(407 + 710 + 195) - (732 + 0 + 215)
=365

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

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

Hunter Douglas NV's Operating Margin % for the quarter that ended in Dec. 2021 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2021 )/Revenue (Q: Dec. 2021 )
=208/1185.1
=17.55 %

* 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.


Hunter Douglas NV Operating Income Related Terms

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Hunter Douglas NV (Hunter Douglas NV) Business Description

Traded in Other Exchanges
N/A
Address
2, Piekstraat, Rotterdam, ZH, NLD, 3071 EL
Hunter Douglas NV is engaged in manufacturing window covering and architectural products. The Company operates as a decentralized, global federation of small and medium-sized companies that manufacture and market similar products. It also manufactures sustainable sun-control solutions, suspended ceilings, ventilated facade systems, and translucent materials.

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