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ION Geophysical (ION Geophysical) Operating Margin % : 15.26% (As of Sep. 2021)


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What is ION Geophysical Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. ION Geophysical's Operating Income for the three months ended in Sep. 2021 was $6.8 Mil. ION Geophysical's Revenue for the three months ended in Sep. 2021 was $44.4 Mil. Therefore, ION Geophysical's Operating Margin % for the quarter that ended in Sep. 2021 was 15.26%.

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


IOGPQ's Operating Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 7.765
* Ranked among companies with meaningful Operating Margin % only.

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

ION Geophysical's Operating Income for the three months ended in Sep. 2021 was $6.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2021 was $-15.1 Mil.


ION Geophysical Operating Margin % Historical Data

The historical data trend for ION Geophysical'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.

ION Geophysical Operating Margin % Chart

ION Geophysical Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.00 -6.51 -9.84 -14.00 -8.51

ION Geophysical Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -68.77 -15.68 -72.91 -37.44 15.26

Competitive Comparison of ION Geophysical's Operating Margin %

For the Oil & Gas Equipment & Services subindustry, ION Geophysical'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.


ION Geophysical's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ION Geophysical's Operating Margin % distribution charts can be found below:

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



ION Geophysical 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.

ION Geophysical's Operating Margin % for the fiscal year that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=-10.439 / 122.674
=-8.51 %

ION Geophysical's Operating Margin % for the quarter that ended in Sep. 2021 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=6.774 / 44.391
=15.26 %

* 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.


ION Geophysical  (OTCPK:IOGPQ) 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.


ION Geophysical Operating Margin % Related Terms

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


ION Geophysical (ION Geophysical) Business Description

Traded in Other Exchanges
N/A
Address
2105 CityWest Boulevard, Suite 100, Houston, TX, USA, 77042-2855
ION Geophysical Corp is a United States-based technology-focused company, which provides geoscience products, services, and solutions to the global oil and gas industry. The company operates through two segments: E&P Technology & Services and E&P Operations Optimization. It generates the majority of its revenue comes from the Technology & Services segment which creates digital data assets and delivers services to E&P(exploration and production) companies. Its geographical segments are Latin America, North America, Europe, Asia Pacific, Africa, Middle East, and others.
Executives
Gates Capital Management, Inc. 10 percent owner 1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Mark J Doran director 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77006
Gary L Pittman director 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77006
Jeffrey L Gates 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Gates Capital Management, L.p. 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Gates Capital Management Gp, Llc 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Sheila M Rodermund officer: EVP, Operations Optimization 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77006
Shaohua Zhang director 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77042
Lapeyre James M Jr director C/O LAITRAM CORP 220 LAITRAM LANE HARAHAN LA 70123
Christopher Theron Usher officer: EVP & COO, GeoScience 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77006
Michael L Morrison officer: Controller 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77042
Dale J Lambert officer: EVP, Operations Optimization 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77006
Michael Y Mcgovern director 700 LOUISIANA, STE 4300, HOUSTON TX 77002
Tina L Val director 2826 KINGS RETREAT CIRCLE, KINGWOOD TX 77345
R Brian Hanson officer: Exec. VP & CFO ION GEOPHYSICAL CORPORATION 2105 CITYWEST, BLDG 3, SUITE 100 HOUSTON TX 77042-2855

ION Geophysical (ION Geophysical) Headlines

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