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Unifi (UFI) Operating Margin % : -9.16% (As of Dec. 2023)


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What is Unifi Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Unifi's Operating Income for the three months ended in Dec. 2023 was $-12.5 Mil. Unifi's Revenue for the three months ended in Dec. 2023 was $136.9 Mil. Therefore, Unifi's Operating Margin % for the quarter that ended in Dec. 2023 was -9.16%.

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

UFI' s Operating Margin % Range Over the Past 10 Years
Min: -5.64   Med: 4.57   Max: 7.74
Current: -5.64


UFI's Operating Margin % is ranked worse than
80.69% of 1046 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.785 vs UFI: -5.64

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

Unifi's Operating Income for the three months ended in Dec. 2023 was $-12.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-32.9 Mil.

Warning Sign:

Unifi Inc had lost money in 50% of the time over the past 12quarters.


Unifi Operating Margin % Historical Data

The historical data trend for Unifi'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.

Unifi Operating Margin % Chart

Unifi Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 -1.45 7.74 3.35 -5.26

Unifi 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 -14.55 -1.71 -3.73 -8.66 -9.16

Competitive Comparison of Unifi's Operating Margin %

For the Textile Manufacturing subindustry, Unifi'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.


Unifi's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Unifi's Operating Margin % distribution charts can be found below:

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



Unifi 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.

Unifi's Operating Margin % for the fiscal year that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=-32.827 / 623.527
=-5.26 %

Unifi'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 )
=-12.542 / 136.917
=-9.16 %

* 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.


Unifi  (NYSE:UFI) 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.


Unifi Operating Margin % Related Terms

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


Unifi (UFI) Business Description

Traded in Other Exchanges
Address
7201 West Friendly Avenue, Greensboro, NC, USA, 27410
Unifi Inc is a multi-national company. It manufactures and sells innovative synthetic and recycled products made from polyester and nylon primarily to other yarn manufacturers and knitters and weavers that produce fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets. Polyester yarns include partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns, and each is available in virgin or recycled varieties. UNIFI offers specialized yarns, premium value-added (PVA) yarns, and commodity yarns, with principal geographic markets in the Americas, Europe and Asia.
Executives
Kenneth G Langone director 375 PARK AVENUE, STE 2205, NEW YORK NY 10152
Inclusive Capital Partners, L.p. 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Andrew James Eaker officer: Interim CFO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Gregory K Sigmon officer: SVP, General Counsel 7201 WEST FRIENDLY AVE, GREENSBORO NC 27410
Archibald Jr Cox director 151 EAST 58TH STREET, #33F, NEW YORK NY 10022
Edmund M Ingle director, officer: CEO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Francis S Blake director 2455 PACES FERRY RD, ATLANTA GA 30339
Jeffrey W Ubben 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Craig A Creaturo officer: EVP & CFO 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Robert J Bishop director IMPALA ASSET MANAGEMENT LLC, 107 CHERRY ST, NEW CANAAN CT 06840
Rhonda L. Ramlo director 7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Eva T. Zlotnicka director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
James M Kilts director 120 PARK AVE, NEW YORK NY 10017
James D. Mead director P.O. BOX 440, NEW FAIRFIELD CT 06812