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Virco Manufacturing (Virco Manufacturing) Operating Margin % : -7.41% (As of Jan. 2024)


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What is Virco Manufacturing Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Virco Manufacturing's Operating Income for the three months ended in Jan. 2024 was $-3.2 Mil. Virco Manufacturing's Revenue for the three months ended in Jan. 2024 was $42.6 Mil. Therefore, Virco Manufacturing's Operating Margin % for the quarter that ended in Jan. 2024 was -7.41%.

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

VIRC' s Operating Margin % Range Over the Past 10 Years
Min: -1.37   Med: 2.4   Max: 11.47
Current: 11.47


VIRC's Operating Margin % is ranked better than
75.48% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.365 vs VIRC: 11.47

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

Virco Manufacturing's Operating Income for the three months ended in Jan. 2024 was $-3.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $30.9 Mil.


Virco Manufacturing Operating Margin % Historical Data

The historical data trend for Virco Manufacturing'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.

Virco Manufacturing Operating Margin % Chart

Virco Manufacturing Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 -0.95 -1.37 4.25 11.47

Virco Manufacturing 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 -12.25 -4.22 19.65 17.10 -7.41

Competitive Comparison of Virco Manufacturing's Operating Margin %

For the Furnishings, Fixtures & Appliances subindustry, Virco Manufacturing'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.


Virco Manufacturing's Operating Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Virco Manufacturing's Operating Margin % distribution charts can be found below:

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



Virco Manufacturing 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.

Virco Manufacturing'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 )
=30.869 / 269.117
=11.47 %

Virco Manufacturing'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 )
=-3.156 / 42.601
=-7.41 %

* 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.


Virco Manufacturing  (NAS:VIRC) 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.


Virco Manufacturing Operating Margin % Related Terms

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


Virco Manufacturing (Virco Manufacturing) Business Description

Traded in Other Exchanges
N/A
Address
2027 Harpers Way, Torrance, CA, USA, 90501
Virco Manufacturing Corp is engaged in designing, production and distributing quality furniture for the commercial and education markets. The company manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, and activity tables, folding chairs, and folding tables. Its primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells. Geographically, it operates in the United States and Canada.
Executives
Patricia Levine Quinones officer: Vice President 6008 E. CALLE CEDRO, ANAHEIM CA 92807
Bradley C Richardson director
Craig L Levra director C/O SPORT CHALET INC, ONE SPORT CHALET DRIVE, LA CANADA CA 91011
Agnieszka Winkler director C/O INTER-TEL, INCORPORATED, 1615 SOUTH 52ND STREET, TEMPE AZ 85281
Kathleen D Young director C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Douglas A Virtue director, officer: Executive Vice President
Robert A Virtue director, officer: President & CEO & Chairman
Donald R Rudkin director C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Alexander L Cappello director C/O THE CHEESECAKE FACTORY INC, 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
Bassey Yau officer: Assistant Secretary / Treasure 5502 MARICOPA ST., TORRANCE CA 90501
Robert M Hupe officer: VP General Counsel C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Jerry Scott Bell officer: COO C/O VIRCO MFG. CORPORATION, TORRANCE CA 90501
Robert James Devers officer: Sr. VP, Information Technology C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Johnson James David Ii officer: Sr. Vice President Marketing C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Michael Anthony Digregorio director C/O IRONCLAD PERFORMANCE WEAR CORP., 2201 PARK PLACE, SUITE 101, EL SEGUNDO CA 90245

Virco Manufacturing (Virco Manufacturing) Headlines

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