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Cross Country Healthcare (Cross Country Healthcare) Operating Margin %

: 4.46% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Cross Country Healthcare's Operating Income for the three months ended in Dec. 2023 was $18 Mil. Cross Country Healthcare's Revenue for the three months ended in Dec. 2023 was $414 Mil. Therefore, Cross Country Healthcare's Operating Margin % for the quarter that ended in Dec. 2023 was 4.46%.

Good Sign:

Cross Country Healthcare Inc operating margin is expanding. Margin expansion is usually a good sign.

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

CCRN' s Operating Margin % Range Over the Past 10 Years
Min: 0.97   Med: 3.62   Max: 10.34
Current: 6.52


CCRN's Operating Margin % is ranked better than
59.88% of 648 companies
in the Healthcare Providers & Services industry
Industry Median: 3.805 vs CCRN: 6.52

Cross Country Healthcare's 5-Year Average Operating Margin % Growth Rate was 49.90% per year.

Cross Country Healthcare's Operating Income for the three months ended in Dec. 2023 was $18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $132 Mil.


Cross Country Healthcare Operating Margin % Historical Data

The historical data trend for Cross Country Healthcare'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.

Cross Country Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 1.94 8.87 10.34 6.52

Cross Country Healthcare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 8.66 8.07 7.36 5.24 4.46

Competitive Comparison

For the Medical Care Facilities subindustry, Cross Country Healthcare'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.


Cross Country Healthcare Operating Margin % Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Cross Country Healthcare's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cross Country Healthcare's Operating Margin % falls into.



Cross Country Healthcare 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.

Cross Country Healthcare'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 )
=131.672 / 2019.728
=6.52 %

Cross Country Healthcare's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=18.452 / 414.035
=4.46 %

* 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.


Cross Country Healthcare  (NAS:CCRN) 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.


Cross Country Healthcare Operating Margin % Related Terms

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


Cross Country Healthcare (Cross Country Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
6551 Park of Commerce Boulevard, N.W., Boca Raton, FL, USA, 33487
Cross Country Healthcare Inc is a provider of staffing, recruiting, and workforce solutions to healthcare clients such as private and public hospitals, government facilities, outpatient clinics, ambulatory care facilities, and physician practice groups, among others. The company operates in three business segments: nurse and allied staffing, physician staffing, and search. The nurse and allied staffing segment, which generates a vast majority of revenue, offers temporary and permanent placements of travel and local nurses and allied professionals, and other outsourcing services. The other services offered by the company include physician staffing, search for healthcare executives, and recruitment process outsourcing. The company earns majority of its revenue from the United States.
Executives
Cynthia Ann Grieco officer: VP, Corporate Treasurer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Susan E Ball officer: General Counsel & Asst. Secy 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Redd James V. Iii officer: Chief Accounting Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD, N.W., BOCA RATON FL 33487
William J. Burns officer: Chief Financial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Marc S. Krug officer: Group President, Delivery C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Mcdonald Colin Patrick officer: SVP, Human Resources C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Dwayne Allen director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
W Larry Cash director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
John Anthony Martins officer: Group Pres., Nurse & Allied C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487
Daniel Joseph White officer: Chief Commercial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Joseph Trunfio director C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Daniele Addis officer: SVP, Business Services C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Phillip Lyn Noe officer: Chief Information Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Kevin Cronin Clark director, officer: President, CEO C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487