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Hero Technologies (Hero Technologies) Operating Margin % : 0.00% (As of Sep. 2023)


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What is Hero Technologies Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Hero Technologies's Operating Income for the three months ended in Sep. 2023 was $-0.41 Mil. Hero Technologies's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Hero Technologies's Operating Margin % for the quarter that ended in Sep. 2023 was 0.00%.

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


HENC's Operating Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.075
* Ranked among companies with meaningful Operating Margin % only.

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

Hero Technologies's Operating Income for the three months ended in Sep. 2023 was $-0.41 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.60 Mil.


Hero Technologies Operating Margin % Historical Data

The historical data trend for Hero Technologies'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.

Hero Technologies Operating Margin % Chart

Hero Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -62,100.00 -

Hero Technologies Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Mar18 Jun18 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of Hero Technologies's Operating Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Hero Technologies'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.


Hero Technologies's Operating Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hero Technologies's Operating Margin % distribution charts can be found below:

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



Hero Technologies 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.

Hero Technologies's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-0.507 / 0
= %

Hero Technologies's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=-0.412 / 0
= %

* 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.


Hero Technologies  (OTCPK:HENC) 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.


Hero Technologies Operating Margin % Related Terms

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


Hero Technologies (Hero Technologies) Business Description

Traded in Other Exchanges
N/A
Address
8 The Green, Suite 4000, Dover, DE, USA, 19901
Hero Technologies Inc is a cannabis company with a vertically integrated business model and plan that includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations, and dispensaries. It focuses on two principal segments of the cannabis industry, cultivation, and the dispensary business model, including combinations.
Executives
Gina L. Serkasevich officer: CFO and Treasurer 310 COMMONS TRAIL LANE, HUFFMAN TX 77336
Keith Elliott Macdonald director 203 HERITAGE PLAVE, CALGARY A0 T3Z 3P3
K James Ebeling director 3726 WICKERSHAM LANE, HOUSTON TX 77027
James Douglas Brown director, 10 percent owner, officer: Secretary 11200 WESTHEIMER, SUITE 200, HOUSTON TX 77042
Holloman Value Holdings, Llc 10 percent owner 333 NORTH SAM HOUSTON PARKWAY EAST, SUITE 600, HOUSTON TX 77060
Robert Wesolek officer: Chief Financial Officer
Mark E. Stevenson director, officer: Secretary 8225 SAN DIEGO ST., ODESSA TX 79765
Eric C Prim director 4901 POLO PARKWAY, MIDLAND TX 79705
Grant M Petersen officer: Chief Executive Officer 1027 DAVIE ST., SUITE 482, VANCOUVER A1 V4E 1N9
Holloman Corp other: Affiliate 5257 WEST INTERSTATE 20, PO BOX 69410, ODESSA TX 79769
Holloman Oil & Gas Ltd. 10 percent owner 88 FORREST STREET, UNITS 8-9, COTTESLOE C3 6011
David R Lewis director 11115 EAST MONTGOMERY DRIVE, SUITE G, SPOKANE VALLEY WA 99206