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goeasy (goeasy) Operating Margin % : 51.56% (As of Dec. 2023)


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What is goeasy Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. goeasy's Operating Income for the three months ended in Dec. 2023 was $129.9 Mil. goeasy's Revenue for the three months ended in Dec. 2023 was $252.0 Mil. Therefore, goeasy's Operating Margin % for the quarter that ended in Dec. 2023 was 51.56%.

Good Sign:

goeasy Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

EHMEF' s Operating Margin % Range Over the Past 10 Years
Min: 19.41   Med: 41.66   Max: 52.33
Current: 52.33


EHMEF's Operating Margin % is ranked better than
78.89% of 379 companies
in the Credit Services industry
Industry Median: 20.13 vs EHMEF: 52.33

goeasy's 5-Year Average Operating Margin % Growth Rate was 5.80% per year.

goeasy's Operating Income for the three months ended in Dec. 2023 was $129.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $485.5 Mil.


goeasy Operating Margin % Historical Data

The historical data trend for goeasy'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.

goeasy Operating Margin % Chart

goeasy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.60 45.99 47.59 51.26 52.33

goeasy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 52.72 50.41 52.41 54.77 51.56

Competitive Comparison of goeasy's Operating Margin %

For the Credit Services subindustry, goeasy'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.


goeasy's Operating Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, goeasy's Operating Margin % distribution charts can be found below:

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



goeasy 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.

goeasy's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=487.572 / 931.775
=52.33 %

goeasy's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=129.947 / 252.021
=51.56 %

* 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.


goeasy  (OTCPK:EHMEF) 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.


goeasy Operating Margin % Related Terms

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


goeasy (goeasy) Business Description

Traded in Other Exchanges
Address
33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5
goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.

goeasy (goeasy) Headlines

From GuruFocus

goeasy Ltd. Announces Election of Directors

By GlobeNewswire GlobeNewswire 05-13-2021

goeasy Ltd. Announces New $200 Million Securitization Facility

By GlobeNewswire GlobeNewswire 12-10-2020

goeasy Ltd. Completes Acquisition of LendCare

By GlobeNewswire GlobeNewswire 04-30-2021

goeasy Ltd. Announces Renewal of Normal Course Issuer Bid

By GlobeNewswire GlobeNewswire 12-16-2020

goeasy Ltd. Closes US$550 Million Offering of Senior Unsecured Notes

By GlobeNewswire GlobeNewswire 11-27-2019

goeasy Ltd. Provides Shareholder Update

By GlobeNewswire GlobeNewswire 12-11-2018

goeasy Ltd. Announces Closing of C$46 Million Common Share Offering

By GlobeNewswire GlobeNewswire 10-10-2018