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Cablevision Systems (Cablevision Systems) Operating Margin % : 15.31% (As of Mar. 2016)


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What is Cablevision Systems Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cablevision Systems's Operating Income for the three months ended in Mar. 2016 was $251 Mil. Cablevision Systems's Revenue for the three months ended in Mar. 2016 was $1,641 Mil. Therefore, Cablevision Systems's Operating Margin % for the quarter that ended in Mar. 2016 was 15.31%.

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


CVC's Operating Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 3.28
* Ranked among companies with meaningful Operating Margin % only.

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

Cablevision Systems's Operating Income for the three months ended in Mar. 2016 was $251 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2016 was $876 Mil.


Cablevision Systems Operating Margin % Historical Data

The historical data trend for Cablevision Systems'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.

Cablevision Systems Operating Margin % Chart

Cablevision Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.34 11.33 11.22 14.26 13.03

Cablevision Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 13.86 14.79 11.36 12.10 15.31

Competitive Comparison of Cablevision Systems's Operating Margin %

For the Broadcasting subindustry, Cablevision Systems'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.


Cablevision Systems's Operating Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cablevision Systems's Operating Margin % distribution charts can be found below:

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



Cablevision Systems 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.

Cablevision Systems's Operating Margin % for the fiscal year that ended in Dec. 2015 is calculated as

Operating Margin %=Operating Income (A: Dec. 2015 ) / Revenue (A: Dec. 2015 )
=848.471 / 6509.743
=13.03 %

Cablevision Systems's Operating Margin % for the quarter that ended in Mar. 2016 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=251.255 / 1640.757
=15.31 %

* 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.


Cablevision Systems  (NYSE:CVC) 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.


Cablevision Systems Operating Margin % Related Terms

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


Cablevision Systems (Cablevision Systems) Business Description

Traded in Other Exchanges
N/A
Address
Cablevision Systems Corp is a Delaware corporation which was organized in 1997. It operates through its subsidiary, CSC Holdings. CSC Holdings is a cable operator in the United States. It also provides high-speed data and Voice over Internet Protocol services using its television broadband network; and Ethernet-based data, Internet, voice and video transport and managed services, to the business market in the New York metropolitan area. One of its subsidiaries also operates a newspaper publishing business. It also owns a cable television advertising sales business and regional news and other local programming services businesses. The Company classifies its operations into three reportable segments: Cable, consisting principally of video, high-speed data, and VoIP services; Lightpath; and Other, consisting principally of Newsday, which includes the Newsday daily newspaper, amNew York, Star Community Publishing Group, and online websites including newsday.com and exploreLI.com, the News 12 Networks, which provides regional news programming services, Cablevision Media Sales Corporation, a cable television advertising company, and MSG Varsity, a program service dedicated to showcasing high school sports and activities and other local programming. The Company's cable television systems are operated in New York, New Jersey, and Connecticut under non-exclusive franchise agreements, where required by the franchising authority, with state and/or municipal or county franchising authorities. The Company's competitors include Verizon Communications, Inc., AT&T Inc., RCN Corporation, among others. Its cable television systems are subject to federal, state and local regulations.
Executives
Matthew John Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan 2009 Family Trust Fbo Kathleen M. Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Cfd 2010 Grandchildren Trust Fbo Aidan Dolan other: Member of 13D Group KNICKERBOCKER GROUP LLC, PO BOX 420, OYSTER BAY NY 11771
Cfd 2010 Grandchildren Trust Fbo Quentin Dolan other: Member of 13D Group KNICKERBOCKER GROUP LLC, PO BOX 420, OYSTER BAY NY 11771
Kathleen Margaret Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Charles F. Dolan Children Trust Fbo Patrick F. Dolan other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Kathleen M. Dolan other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Marianne E. Dolan Weber other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2010 Grandchildren Trust Fbo Descendants Of Patrick F. Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Cfd 2010 Grandchildren Trust Fbo Descendants Of Deborah A. Dolan-sweeney other: Member of 13D Group DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Mary S Dolan other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
David M Dolan other: Member of 13D Group 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Paul Joseph Dolan director, other: Member of 13D Group TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Ryan Dolan 1989 Trust other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Tara Dolan 1989 Trust other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

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