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Park Aerospace (Park Aerospace) Operating Margin % : 11.73% (As of Nov. 2023)


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What is Park Aerospace Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Park Aerospace's Operating Income for the three months ended in Nov. 2023 was $1.37 Mil. Park Aerospace's Revenue for the three months ended in Nov. 2023 was $11.64 Mil. Therefore, Park Aerospace's Operating Margin % for the quarter that ended in Nov. 2023 was 11.73%.

Good Sign:

Park Aerospace Corp operating margin is expanding. Margin expansion is usually a good sign.

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

PKE' s Operating Margin % Range Over the Past 10 Years
Min: -6.31   Med: 14.97   Max: 21.78
Current: 15.09


PKE's Operating Margin % is ranked better than
79.28% of 304 companies
in the Aerospace & Defense industry
Industry Median: 7.025 vs PKE: 15.09

Park Aerospace's 5-Year Average Operating Margin % Growth Rate was 30.80% per year.

Park Aerospace's Operating Income for the three months ended in Nov. 2023 was $1.37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2023 was $8.03 Mil.


Park Aerospace Operating Margin % Historical Data

The historical data trend for Park Aerospace'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.

Park Aerospace Operating Margin % Chart

Park Aerospace Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.12 17.90 15.30 21.78 18.41

Park Aerospace Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 21.06 16.41 14.26 17.84 11.73

Competitive Comparison of Park Aerospace's Operating Margin %

For the Aerospace & Defense subindustry, Park Aerospace'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.


Park Aerospace's Operating Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Park Aerospace's Operating Margin % distribution charts can be found below:

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



Park Aerospace 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.

Park Aerospace's Operating Margin % for the fiscal year that ended in Feb. 2023 is calculated as

Operating Margin %=Operating Income (A: Feb. 2023 ) / Revenue (A: Feb. 2023 )
=9.954 / 54.055
=18.41 %

Park Aerospace's Operating Margin % for the quarter that ended in Nov. 2023 is calculated as

Operating Margin %=Operating Income (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=1.365 / 11.639
=11.73 %

* 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.


Park Aerospace  (NYSE:PKE) 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.


Park Aerospace Operating Margin % Related Terms

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


Park Aerospace (Park Aerospace) Business Description

Traded in Other Exchanges
Address
1400 Old Country Road, Suite 409N, Westbury, New York, NY, USA, 11590
Park Aerospace Corp designs develop and manufactures engineered, Advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. It only operating business segments is Aerospace. Geographically, the company derives a majority of revenue from North America and also has a presence in a company operates its business in Asia and Europe. It offers Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut and Alpha Strut.
Executives
Shane Connor director 10510 SPRINGBORO PIKE, MIAMISBURG OH 45342
Nickel Cory officer: Sr VP and General Manager 816 N. BLAINE ST., NEWTON KS 67114
Dale Blanchfield director 128 HAWTHORNE ROAD, HOPKINS MN 55343
D. Bradley Thress director 250 WEST SPRING STREET, UNIT 615, COLUMBUS OH 43215
Brian E Shore director, officer: President and CEO
Emily J Groehl officer: Sr. VP, Sales and Marketing
Mark A Esquivel officer: Vice President - Aerospace 48 SOUTH SERVICE ROAD, MELVILLE NY 11747
Yvonne Julian director 225 HIDDEN HILLS DRIVE, GREENVILLE SC 29605
Steven T Warshaw director
Stephen E Gilhuley officer: Senior Vice President, Secreta
P. Matthew Farabaugh officer: Vice President and Controller PARK ELECTROCHEMICAL CORP., 48 SOUTH SERVICE ROAD, SUITE 300, MELVILLE X1 11747
Benjamin Wykoff Shore officer: Senior Vice President 31 HARBOR PARK DRIVE, CENTERPORT NY 11721
Robert J Yaniro officer: VP and Corporate Controller 48 SOUTH SERVICE ROAD, MELVILLE NY 11747
Carl William Smith director 10044 E. NACOMA CT., SUN LAKE AZ 85248
Christopher T. Mastrogiacomo officer: V P of Strategic Marketing 48 SOUTH SERVICE ROAD, SUITE 300, MELVILLE NY 11747

Park Aerospace (Park Aerospace) Headlines