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Cascade Microtech (Cascade Microtech) Operating Margin % : 8.27% (As of Mar. 2016)


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What is Cascade Microtech Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cascade Microtech's Operating Income for the three months ended in Mar. 2016 was $2.9 Mil. Cascade Microtech's Revenue for the three months ended in Mar. 2016 was $34.8 Mil. Therefore, Cascade Microtech's Operating Margin % for the quarter that ended in Mar. 2016 was 8.27%.

The historical rank and industry rank for Cascade Microtech's Operating Margin % or its related term are showing as below:


CSCD's Operating Margin % is not ranked *
in the Semiconductors industry.
Industry Median: 4.555
* Ranked among companies with meaningful Operating Margin % only.

Cascade Microtech's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Cascade Microtech's Operating Income for the three months ended in Mar. 2016 was $2.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2016 was $18.0 Mil.


Cascade Microtech Operating Margin % Historical Data

The historical data trend for Cascade Microtech's Operating 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.

Cascade Microtech Operating Margin % Chart

Cascade Microtech Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.01 6.69 6.11 9.77 12.43

Cascade Microtech Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Operating 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 8.82 11.21 12.61 16.18 8.27

Competitive Comparison of Cascade Microtech's Operating Margin %

For the Semiconductor Equipment & Materials subindustry, Cascade Microtech's Operating Margin %, along with its competitors' market caps and Operating 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.


Cascade Microtech's Operating Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cascade Microtech's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cascade Microtech's Operating Margin % falls into.



Cascade Microtech Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Cascade Microtech's Operating Margin % for the fiscal year that ended in Dec. 2015 is calculated as

Operating Margin %=Operating Income (A: Dec. 2015 ) / Revenue (A: Dec. 2015 )
=17.891 / 143.978
=12.43 %

Cascade Microtech's Operating Margin % for the quarter that ended in Mar. 2016 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=2.877 / 34.803
=8.27 %

* 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.


Cascade Microtech  (NAS:CSCD) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


Cascade Microtech Operating Margin % Related Terms

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Cascade Microtech (Cascade Microtech) Business Description

Traded in Other Exchanges
N/A
Address
Cascade Microtech Inc was incorporated in the state of Oregon in 1984. The Company designs, develops, manufactures and markets wafer probing solutions for the electrical measurement and testing of high performance semiconductor devices. Its product enables precision on-wafer measurement of integrated circuits. It is also used in production applications to test semiconductor devices prior to completion of the manufacturing process. It operates in two business segments: Systems and Probes. Sales of its probe stations are included in the Systems segment and sales of its analytical probes and production probe cards are included in the Probes segment. It operates in Oregon, Minnesota and Dresden, Germany, with sales, service and support centers in North America, Germany, Japan, Taiwan, China and Singapore. It designs, manufactures and sells multiple product lines, including probe stations, thermal subsystems, reliability test systems, analytical probes, production probe cards and various services and accessories. Its products are used by semiconductor manufacturers, test subcontractors, research organizations and designers. The Company sells its probe stations, thermal subsystems, reliability test systems, analytical probes, and production probe cards through a combination of manufacturers' representatives, distributors and direct sales people. The competitors of the company include Vector Semiconductor Co. Ltd., Signatone Corporation, MPI Corporation, Tokyo Seimitsu Co., LTD/Accretech, Tokyo Electron ("TEL"), The Micromanipulator Company Inc. and Wentworth Laboratories Inc., among others. In the market for thermal subsystems, it competes against ERS Electronic, GmbH, Temptronic Environmental Test Chambers and Espec Corp. Its reliability test products compete against a number of competitors including Qualitau, Inc., STAr Technologies, Inc., Reedholm Instruments Co. and Chiron technology Pte. Ltd. It is subject to federal, state and local laws and regulations.
Executives
William Spivey director
John D Delafield director, 10 percent owner 1301 SECOND AVENUE, SUITE 2850, SEATTLE WA 98101
Raymond A Link director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Michael D Burger officer: President and CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Jeffrey A Killian officer: CFO, VP Finance C/O RESONANT INC. 175 CREMONA DRIVE, SUITE 200 GOLETA CA 93117
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Rgm Capital, Llc other: Shareholder 9010 STRADA STELL COURT, SUITE 105, NAPLES FL 34109
Robert G Moses other: Shareholder RGM CAPITAL, LLC, 9010 STRADA STELL COURT, SUITE 105, NAPLES FL 34109
Laurence W Lytton 10 percent owner 467 CENTRAL PARK WEST, NY NY 10025
Geoffrey Wild director, officer: President and CEO 108 CHERRY HILL DRIVE, BEVERLY MA 01915

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