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Performant Financial (Performant Financial) Operating Margin % : 5.87% (As of Dec. 2023)


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What is Performant Financial Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Performant Financial's Operating Income for the three months ended in Dec. 2023 was $1.9 Mil. Performant Financial's Revenue for the three months ended in Dec. 2023 was $32.6 Mil. Therefore, Performant Financial's Operating Margin % for the quarter that ended in Dec. 2023 was 5.87%.

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

PFMT' s Operating Margin % Range Over the Past 10 Years
Min: -8.28   Med: -0.15   Max: 13.96
Current: -5.39


PFMT's Operating Margin % is ranked worse than
83.92% of 1057 companies
in the Business Services industry
Industry Median: 6.2 vs PFMT: -5.39

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

Performant Financial's Operating Income for the three months ended in Dec. 2023 was $1.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.1 Mil.


Performant Financial Operating Margin % Historical Data

The historical data trend for Performant Financial'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.

Performant Financial Operating Margin % Chart

Performant Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.28 8.36 -1.06 -6.32 -5.39

Performant Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.70 -14.73 -14.13 -2.17 5.87

Competitive Comparison of Performant Financial's Operating Margin %

For the Specialty Business Services subindustry, Performant Financial'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.


Performant Financial's Operating Margin % Distribution in the Business Services Industry

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

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



Performant Financial 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.

Performant Financial'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 )
=-6.128 / 113.743
=-5.39 %

Performant Financial'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 )
=1.912 / 32.567
=5.87 %

* 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.


Performant Financial  (NAS:PFMT) 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.


Performant Financial Operating Margin % Related Terms

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


Performant Financial (Performant Financial) Business Description

Traded in Other Exchanges
N/A
Address
333 North Canyons Parkway, Livermore, CA, USA, 94551
Performant Financial Corp provides technology-enabled recovery and related analytics services in the United States. The company provides its services on an outsourced basis where it handles many or all aspects of its clients' recovery processes. It uses technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of student loans, improper healthcare payments and delinquent state tax and federal treasury receivables. The services are primarily offered across a broad range of government and private clients in several markets. The revenue generated here is generally on success-based as it earns fees based on a percentage of the aggregate amount of funds that it enables the clients to recover.
Executives
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Rohit Ramchandani officer: Chief Financial Officer 333 NORTH CANYONS PARKWAY, LIVERMORE CA 94551
Ecmc Group, Inc. 10 percent owner 1 IMATION PLACE, BLDG 2, SUITE 392A, OAKDALE MN 55128
Pcp Managers Gp, Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
Parthenon Dcs Holdings, Llc 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Eric Yanagi director 400 OYSTER POINT BOULEVARD, SUITE 526, SOUTH SAN FRANCISCO CA 94080
Pcp Managers, L.p. 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
Pcap Ii, Llc 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Pcap Partners Ii, Llc 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Parthenon Investors Ii. L.p. 10 percent owner C/O PARTHENON CAPITAL PARTNERS, 400 EMBARCADERO CENTER, SAN FRANCISCO CA 94111
James Lacamp director 333 NORTH CANYONS PARKWAY, LIVERMORE CA 94551
Prescott Group Aggressive Small Cap Lp 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Aggressive Small Cap Master Fund Gp 10 percent owner 1924 S UTICA SUITE # 1120, TULSA OK 74104-6529
Prescott Group Aggressive Small Cap Ii Lp 10 percent owner 1924 S UTICA SUITE # 1120, TULSA OK 74104-6529
Phil Frohlich 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529