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Hurco (HURC) Operating Margin % : -4.04% (As of Jan. 2024)


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What is Hurco Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Hurco's Operating Income for the three months ended in Jan. 2024 was $-1.8 Mil. Hurco's Revenue for the three months ended in Jan. 2024 was $45.1 Mil. Therefore, Hurco's Operating Margin % for the quarter that ended in Jan. 2024 was -4.04%.

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

HURC' s Operating Margin % Range Over the Past 10 Years
Min: -2.91   Med: 8.57   Max: 11.24
Current: 1.63


HURC's Operating Margin % is ranked worse than
74.21% of 2970 companies
in the Industrial Products industry
Industry Median: 6.985 vs HURC: 1.63

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

Hurco's Operating Income for the three months ended in Jan. 2024 was $-1.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $3.6 Mil.


Hurco Operating Margin % Historical Data

The historical data trend for Hurco'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.

Hurco Operating Margin % Chart

Hurco Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.56 -2.91 4.36 5.08 2.90

Hurco Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.26 1.84 1.90 5.11 -4.04

Competitive Comparison of Hurco's Operating Margin %

For the Specialty Industrial Machinery subindustry, Hurco'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.


Hurco's Operating Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hurco's Operating Margin % distribution charts can be found below:

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



Hurco 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.

Hurco's Operating Margin % for the fiscal year that ended in Oct. 2023 is calculated as

Operating Margin %=Operating Income (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=6.616 / 227.807
=2.90 %

Hurco'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 )
=-1.82 / 45.059
=-4.04 %

* 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.


Hurco  (NAS:HURC) 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.


Hurco Operating Margin % Related Terms

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


Hurco (HURC) Business Description

Traded in Other Exchanges
Address
One Technology Way, Indianapolis, IN, USA, 46268
Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.
Executives
Michael Doar director, officer: Chairman & CEO ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Jonathon D. Wright officer: General Counsel/Corp Secretary ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268
Richard R. Porter director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Haiquynh Jamison officer: Corporate Controller ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268
Gregory S Volovic officer: EVP-Technology and Operations ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Sonja K Mcclelland officer: Chief Financial Officer ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Thomas A. Aaro director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Timothy J Gardner director 3600 WEST LAKE AVENUE, GLENVIEW IL 60026
Robert W Cruickshank director
Cynthia S Dubin director 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Jay C. Longbottom director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Andrew Sheeley Niner director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald G. Strackbein director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268

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