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Jet2 (AQSE:JET2) Operating Margin % : 14.00% (As of Sep. 2023)


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What is Jet2 Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Jet2's Operating Income for the six months ended in Sep. 2023 was £617 Mil. Jet2's Revenue for the six months ended in Sep. 2023 was £4,407 Mil. Therefore, Jet2's Operating Margin % for the quarter that ended in Sep. 2023 was 14.00%.

The historical rank and industry rank for Jet2's Operating Margin % or its related term are showing as below:

AQSE:JET2' s Operating Margin % Range Over the Past 10 Years
Min: -85   Med: 5.63   Max: 8.42
Current: 8.42


AQSE:JET2's Operating Margin % is ranked better than
50.92% of 817 companies
in the Travel & Leisure industry
Industry Median: 8.28 vs AQSE:JET2: 8.42

Jet2's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Jet2's Operating Income for the six months ended in Sep. 2023 was £617 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was £494 Mil.

Warning Sign:

Jet2 PLC had lost money in 67% of the time over the past 3quarters.


Jet2 Operating Margin % Historical Data

The historical data trend for Jet2'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.

Jet2 Operating Margin % Chart

Jet2 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.90 8.17 -85.00 -26.30 7.83

Jet2 Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 -39.66 -19.14 14.48 -8.36 14.00

Competitive Comparison of Jet2's Operating Margin %

For the Travel Services subindustry, Jet2'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.


Jet2's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Jet2's Operating Margin % falls into.



Jet2 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.

Jet2's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=394 / 5033.5
=7.83 %

Jet2'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 )
=617 / 4407.4
=14.00 %

* 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.


Jet2  (AQSE:JET2) 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.


Jet2 Operating Margin % Related Terms

Thank you for viewing the detailed overview of Jet2's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jet2 (AQSE:JET2) Business Description

Traded in Other Exchanges
Address
Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU
Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. It revenue through Package holidays and operates mainly in United Kingdom.

Jet2 (AQSE:JET2) Headlines

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