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G-III Apparel Group (G-III Apparel Group) Operating Margin %

: 6.91% (As of Jan. 2024)
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Operating Margin % is calculated as Operating Income divided by its Revenue. G-III Apparel Group's Operating Income for the three months ended in Jan. 2024 was $53 Mil. G-III Apparel Group's Revenue for the three months ended in Jan. 2024 was $765 Mil. Therefore, G-III Apparel Group's Operating Margin % for the quarter that ended in Jan. 2024 was 6.91%.

Good Sign:

G-III Apparel Group Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for G-III Apparel Group's Operating Margin % or its related term are showing as below:

GIII' s Operating Margin % Range Over the Past 10 Years
Min: 4.38   Med: 7.69   Max: 11.3
Current: 9.36


GIII's Operating Margin % is ranked better than
74.98% of 1047 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.8 vs GIII: 9.36

G-III Apparel Group's 5-Year Average Operating Margin % Growth Rate was 5.10% per year.

G-III Apparel Group's Operating Income for the three months ended in Jan. 2024 was $53 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $290 Mil.


G-III Apparel Group Operating Margin % Historical Data

The historical data trend for G-III Apparel Group'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.

G-III Apparel Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.82 4.90 11.30 7.44 9.36

G-III Apparel Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 6.67 2.52 4.77 17.85 6.91

Competitive Comparison

For the Apparel Manufacturing subindustry, G-III Apparel Group'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.


G-III Apparel Group Operating Margin % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, G-III Apparel Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where G-III Apparel Group's Operating Margin % falls into.



G-III Apparel Group 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.

G-III Apparel Group's Operating Margin % for the fiscal year that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=290.101 / 3098.242
=9.36 %

G-III Apparel Group's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=52.841 / 764.782
=6.91 %

* 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.


G-III Apparel Group  (NAS:GIII) 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.


G-III Apparel Group Operating Margin % Related Terms

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


G-III Apparel Group (G-III Apparel Group) Business Description

Traded in Other Exchanges
Address
512 Seventh Avenue, New York, NY, USA, 10018
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.
Executives
Neal Nackman officer: Chief Financial Officer/Treas C/O G-III APPAREL GROUP LTD, 512 SEVENTH AVENUE, NEW YORK NY 10019
Laura H Pomerantz director
Alan Feller director C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Sammy Aaron director, officer: Vice Chairman C/O GIII APPAREL GROUP, 512 SEVENTH AVENUE, NEW YORK NY 10019
Andrew Yaeger director 512 SEVENTH AVE., NEW YORK NY 10018
Joyce F Brown director C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Michael A Shaffer director C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Morris Goldfarb director, 10 percent owner, officer: Chief Executive Officer C/O G-III APPAREL GROUP, 345 W 37TH ST, NY NY 10018
Amigo Victor Herrero director C/O CHW ACQUISITION CORPORATION, 2 MANHATTANVILLE ROAD, SUITE 403, PURCHASE NY 10577
Jeffrey David Goldfarb director, other: Dir. of Business Develop. G-III APPAREL, 512 SEVENTH AVENUE, NEW YORK NY 10018
Patti H Ongman director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Lisa W Wardell director 5900 RYLAND DRIVE, BETHESDA MD 20817
Thomas Brosig director C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Wayne S Miller officer: Chief Operating Officer C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Robert L Johnson director C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814