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MTGE Investment (MTGE Investment) Operating Margin % : -70.92% (As of Jun. 2018)


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What is MTGE Investment Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. MTGE Investment's Operating Income for the three months ended in Jun. 2018 was $-5.97 Mil. MTGE Investment's Revenue for the three months ended in Jun. 2018 was $8.41 Mil. Therefore, MTGE Investment's Operating Margin % for the quarter that ended in Jun. 2018 was -70.92%.

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

MTGEP.PFD' s Operating Margin % Range Over the Past 10 Years
Min: -897.31   Med: -88.45   Max: -52.8
Current: -52.8


MTGEP.PFD's Operating Margin % is not ranked
in the REITs industry.
Industry Median: 52.05 vs MTGEP.PFD: -52.80

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

MTGE Investment's Operating Income for the three months ended in Jun. 2018 was $-5.97 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2018 was $-16.73 Mil.

Warning Sign:

MTGE Investment Corp had operating loss over the past 3 years.


MTGE Investment Operating Margin % Historical Data

The historical data trend for MTGE Investment'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.

MTGE Investment Operating Margin % Chart

MTGE Investment Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Operating Margin %
Get a 7-Day Free Trial -897.31 -88.45 -87.53 -149.08 -75.33

MTGE Investment Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 -70.21 -60.16 -40.12 -38.69 -70.92

Competitive Comparison of MTGE Investment's Operating Margin %

For the REIT - Diversified subindustry, MTGE Investment'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.


MTGE Investment's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MTGE Investment's Operating Margin % distribution charts can be found below:

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



MTGE Investment 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.

MTGE Investment's Operating Margin % for the fiscal year that ended in Dec. 2017 is calculated as

Operating Margin %=Operating Income (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=-20.504 / 27.22
=-75.33 %

MTGE Investment's Operating Margin % for the quarter that ended in Jun. 2018 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=-5.965 / 8.411
=-70.92 %

* 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.


MTGE Investment  (NAS:MTGEP.PFD) 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.


MTGE Investment Operating Margin % Related Terms

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MTGE Investment (MTGE Investment) Business Description

Traded in Other Exchanges
N/A
Address
MTGE Investment is a hybrid mortgage REIT that invests in, finances, and manages a portfolio of agency mortgage-backed securities, nonagency mortgage investments, and other real estate-related assets. Its residential mortgage-backed securities, or RMBS, include residential mortgage pass-through certificates and collateralised mortgage obligations. Its nonagency mortgage investments comprise RMBS backed by residential mortgages, as well as prime and nonprime residential mortgage loans. The company generates its revenue from the interest earned and lease payments received on its investment assets. MTGE Investment's assets are externally managed by a subsidiary of AGNC Investment.
Executives
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert M. Couch director AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Randy E. Dobbs director C/O VIEMED HEALTHCARE, INC, 625 E. KALISTE SALOOM RD, LAFAYETTE LA 70508
Sean Reid officer: CEO AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Steven W. Abrahams director MTGE INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Kenneth L. Pollack officer: SVP and Secretary AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Donald Holley officer: SVP and Chief Accounting Off. AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Aaron Pas officer: SVP AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Prue Larocca director AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Sab Capital Advisors Llc 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Sab Capital Management Llc 10 percent owner 767 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10153
Sab Capital Management Lp 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Scott A Bommer 10 percent owner 712 FIFTH AVE, NEW YORK NY 10019
Christopher Kuehl officer: SVP, Agency Portfolio Invt AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FL, BETHESDA MD 20814
John R Erickson director, officer: EVP, CFO and Asst. Sec. 2 BETHESDA METRO CENTER, 14TH FLOOR, BETHESDA MD 20814