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PT United Tractors Tbk (PT United Tractors Tbk) Operating Margin % : 20.34% (As of Mar. 2024)


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What is PT United Tractors Tbk Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. PT United Tractors Tbk's Operating Income for the three months ended in Mar. 2024 was $428 Mil. PT United Tractors Tbk's Revenue for the three months ended in Mar. 2024 was $2,103 Mil. Therefore, PT United Tractors Tbk's Operating Margin % for the quarter that ended in Mar. 2024 was 20.34%.

Good Sign:

PT United Tractors Tbk operating margin is expanding. Margin expansion is usually a good sign.

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

PUTKY' s Operating Margin % Range Over the Past 10 Years
Min: 13.74   Med: 18.06   Max: 23.57
Current: 23.08


PUTKY's Operating Margin % is ranked better than
85.8% of 859 companies
in the Metals & Mining industry
Industry Median: 1.96 vs PUTKY: 23.08

PT United Tractors Tbk's 5-Year Average Operating Margin % Growth Rate was 4.70% per year.

PT United Tractors Tbk's Operating Income for the three months ended in Mar. 2024 was $428 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $1,900 Mil.


PT United Tractors Tbk Operating Margin % Historical Data

The historical data trend for PT United Tractors Tbk'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.

PT United Tractors Tbk Operating Margin % Chart

PT United Tractors Tbk 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 19.67 13.74 18.72 23.57 23.12

PT United Tractors Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.66 25.00 19.17 27.50 20.34

Competitive Comparison of PT United Tractors Tbk's Operating Margin %

For the Other Industrial Metals & Mining subindustry, PT United Tractors Tbk'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.


PT United Tractors Tbk's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT United Tractors Tbk's Operating Margin % distribution charts can be found below:

* The bar in red indicates where PT United Tractors Tbk's Operating Margin % falls into.



PT United Tractors Tbk 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.

PT United Tractors Tbk'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 )
=1928.071 / 8340.897
=23.12 %

PT United Tractors Tbk's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=427.714 / 2102.512
=20.34 %

* 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.


PT United Tractors Tbk  (OTCPK:PUTKY) 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.


PT United Tractors Tbk Operating Margin % Related Terms

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PT United Tractors Tbk (PT United Tractors Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910
PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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