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Odyssey Marine Exploration (Odyssey Marine Exploration) Operating Margin %

: -1,819.08% (As of Jun. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Odyssey Marine Exploration's Operating Income for the three months ended in Jun. 2023 was $-3.15 Mil. Odyssey Marine Exploration's Revenue for the three months ended in Jun. 2023 was $0.17 Mil. Therefore, Odyssey Marine Exploration's Operating Margin % for the quarter that ended in Jun. 2023 was -1,819.08%.

Warning Sign:

Odyssey Marine Exploration Inc operating margin has been in a 5-year decline. The average rate of decline per year is -34.4%.

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

OMEX' s Operating Margin % Range Over the Past 10 Years
Min: -2130.99   Med: -488.26   Max: -70.95
Current: -1244.21


OMEX's Operating Margin % is ranked worse than
99.15% of 1061 companies
in the Business Services industry
Industry Median: 6.29 vs OMEX: -1244.21

Odyssey Marine Exploration's 5-Year Average Operating Margin % Growth Rate was -34.40% per year.

Odyssey Marine Exploration's Operating Income for the three months ended in Jun. 2023 was $-3.15 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-13.76 Mil.

Warning Sign:

Odyssey Marine Exploration Inc has never been profitable in the past 3 years. It lost money every year.


Odyssey Marine Exploration Operating Margin % Historical Data

The historical data trend for Odyssey Marine Exploration'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.

Odyssey Marine Exploration Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -185.20 -336.71 -619.97 -1,623.34 -1,276.70

Odyssey Marine Exploration Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -802.82 -1,039.11 -1,229.72 -1,168.51 -1,819.08

Competitive Comparison

For the Specialty Business Services subindustry, Odyssey Marine Exploration'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.


Odyssey Marine Exploration Operating Margin % Distribution

For the Business Services industry and Industrials sector, Odyssey Marine Exploration's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Odyssey Marine Exploration's Operating Margin % falls into.



Odyssey Marine Exploration 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.

Odyssey Marine Exploration's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-17.044 / 1.335
=-1,276.70 %

Odyssey Marine Exploration's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=-3.147 / 0.173
=-1,819.08 %

* 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.


Odyssey Marine Exploration  (NAS:OMEX) 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.


Odyssey Marine Exploration Operating Margin % Related Terms

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


Odyssey Marine Exploration (Odyssey Marine Exploration) Business Description

Traded in Other Exchanges
Address
205 South Hoover Boulevard, Suite 210, Tampa, FL, USA, 33609
Odyssey Marine Exploration Inc is a deep-ocean exploration company. It is engaged in the discovery, validation, and development of subsea mineral deposits in a socially and environmentally responsible manner. The company works with governments worldwide to identify mineral resources in Exclusive Economic Zones, focusing on phosphorite (fertilizer) and polymetallic nodule (battery metals) projects.
Executives
John Abbott director 101 20TH ST, APT 2706, MIAMI FL 33139
Laura Lionetti Barton officer: EVP, Secretary, Corp Comm 5215 WEST LAUREL STREET, TAMPA FL 33607
Mark B Justh director 5215 WEST LAUREL STREET, TAMPA FL 33607
Christopher Emlyn Jones officer: Chief Financial Officer 205 S HOOVER BLVD STE 210, #210, TAMPA FL 33609
Fourworld Capital Management Llc 10 percent owner 7 WORLD TRADE CENTER, FL. 46, NEW YORK NY 10007
John Addis 10 percent owner 7 WORLD TRADE CENTER, FLOOR 46, NEW YORK NY 10007
Todd E Siegel director 2003 GANDY BLVD. NORTH, SUITE 800, ST. PETERSBURG FL 33702
Longley John D Jr officer: Chief Operating Officer 5215 WEST LAUREL STREET, TAMPA FL 33607
Jon D Sawyer director 29491 CAMELBACK DRIVE, EVERGREEN CO 80439
James S Pignatelli director 2300 E SLINGSHOT WAY, KAMAS UT 84036
Mark Gordon director, officer: CEO and President 5215 WEST LAUREL STREET, TAMPA FL 33607
Jay Nudi officer: CFO/Treasurer 5215 WEST LAUREL STREET, TAMPA FL 33607
David J Saul director 18 DEVONSHIRE BAY ROAD, DEVONSHIRE D0 DV07
Philip S Devine officer: Chief Financial Officer 5215 WEST LAUREL STREET, TAMPA FL 33607
Michael J Holmes officer: Chief Financial Officer 5215 W LAUREL ST, TAMPA FL 33607