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DryShips (DryShips) Operating Margin % : -17.58% (As of Jun. 2019)


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What is DryShips Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. DryShips's Operating Income for the three months ended in Jun. 2019 was $-7.1 Mil. DryShips's Revenue for the three months ended in Jun. 2019 was $40.5 Mil. Therefore, DryShips's Operating Margin % for the quarter that ended in Jun. 2019 was -17.58%.

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


DRYS's Operating Margin % is not ranked *
in the Transportation industry.
Industry Median: 7.69
* Ranked among companies with meaningful Operating Margin % only.

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

DryShips's Operating Income for the three months ended in Jun. 2019 was $-7.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2019 was $20.8 Mil.


DryShips Operating Margin % Historical Data

The historical data trend for DryShips'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.

DryShips Operating Margin % Chart

DryShips Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.51 17.80 -88.10 -25.00 16.67

DryShips Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 4.32 22.95 23.61 11.35 -17.58

Competitive Comparison of DryShips's Operating Margin %

For the Marine Shipping subindustry, DryShips'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.


DryShips's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DryShips's Operating Margin % distribution charts can be found below:

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



DryShips 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.

DryShips's Operating Margin % for the fiscal year that ended in Dec. 2018 is calculated as

Operating Margin %=Operating Income (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=31.02 / 186.135
=16.67 %

DryShips's Operating Margin % for the quarter that ended in Jun. 2019 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=-7.119 / 40.495
=-17.58 %

* 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.


DryShips  (NAS:DRYS) 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.


DryShips Operating Margin % Related Terms

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DryShips (DryShips) Business Description

Traded in Other Exchanges
N/A
Address
c/o Dryships Management Services Inc, 109 Kifissias Avenue and Sina Street, Marousi, Athens, GRC, 151 24
DryShips Inc is engaged in the shipping industry in the United States. The company operates as a provider of dry bulk commodities transportation services for the steel, electric utility, construction and agri-food industries. It operates through the dry bulk carrier and offshore support services divisions. Through this division, it operates as a provider of offshore support services to the offshore energy industry. The company owns a fleet of Panamax dry bulk vessels, Newcastlemax dry bulk vessels, Aframax tankers and gas carriers.

DryShips (DryShips) Headlines