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Connecticut Water Service (Connecticut Water Service) Operating Margin % : 33.91% (As of Jun. 2019)


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What is Connecticut Water Service Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Connecticut Water Service's Operating Income for the three months ended in Jun. 2019 was $10.4 Mil. Connecticut Water Service's Revenue for the three months ended in Jun. 2019 was $30.7 Mil. Therefore, Connecticut Water Service's Operating Margin % for the quarter that ended in Jun. 2019 was 33.91%.

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


CTWS's Operating Margin % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 12.58
* Ranked among companies with meaningful Operating Margin % only.

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

Connecticut Water Service's Operating Income for the three months ended in Jun. 2019 was $10.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2019 was $36.2 Mil.


Connecticut Water Service Operating Margin % Historical Data

The historical data trend for Connecticut Water Service'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.

Connecticut Water Service Operating Margin % Chart

Connecticut Water Service 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 30.59 26.89 32.99 30.94 30.15

Connecticut Water Service 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 34.96 44.77 15.37 21.39 33.91

Competitive Comparison of Connecticut Water Service's Operating Margin %

For the Utilities - Regulated Water subindustry, Connecticut Water Service'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.


Connecticut Water Service's Operating Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Connecticut Water Service's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Connecticut Water Service's Operating Margin % falls into.



Connecticut Water Service 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.

Connecticut Water Service'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 )
=35.171 / 116.665
=30.15 %

Connecticut Water Service'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 )
=10.398 / 30.664
=33.91 %

* 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.


Connecticut Water Service  (NAS:CTWS) 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.


Connecticut Water Service Operating Margin % Related Terms

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Connecticut Water Service (Connecticut Water Service) Business Description

Traded in Other Exchanges
N/A
Address
93 West Main Street, Clinton, CT, USA, 06413
Connecticut Water Service Inc is a water utility that operates in the northeastern region of the United States, specifically Connecticut and Maine. The company has various subsidiaries and divisions, including water operations, which supplies public drinking water; real estate transactions, which sells real estate holdings; and service rentals, which sells contracted water and wastewater services. The major customers of the firm are residential, commercial, fire protection, public authority, and industrial entities. The majority of the company's revenue is derived from its water operations segment and residential customers.
Executives
Ellen C Wolf director C/O AMERICAN WATER WORKS CO INC, 1025 LAUREL OAK RD P O BOX 1770, VOORHEES NJ 08043
Maureen P Westbrook officer: VP, Customer & Reg Affairs 93 WEST MAIN ST, CLINTON CT 06413
A Kristen Johnson officer: V.P. Human Resources C/O CONNECTICUT WATER SERVICE, INC., 93 WEST MAIN STREET, CLINTON CT 06413
Mary Ann Hanley director 93 WEST MAIN STREET, CLINTON CT 06413
Carol P Wallace director 93 WEST MAIN STREET, CLINTON CT 06413
Hunt Heather director 93 WEST MAIN STREET, CLINTON CT 06413
David C Benoit officer: President & CEO 93 WEST MAIN ST, CLINTON CT 06413
Eric W Thornburg director, officer: President/CEO/Chairman 13165 TEN OAK COURT, SARATOGA CA 95070
Judith Kelly officer: Div. Pres. Maine Water C/O NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240

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