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Greystone Logistics (Greystone Logistics) Operating Margin % : 4.21% (As of Feb. 2024)


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What is Greystone Logistics Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Greystone Logistics's Operating Income for the three months ended in Feb. 2024 was $0.59 Mil. Greystone Logistics's Revenue for the three months ended in Feb. 2024 was $13.98 Mil. Therefore, Greystone Logistics's Operating Margin % for the quarter that ended in Feb. 2024 was 4.21%.

Good Sign:

Greystone Logistics Inc operating margin is expanding. Margin expansion is usually a good sign.

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

GLGI' s Operating Margin % Range Over the Past 10 Years
Min: 3.8   Med: 8.67   Max: 15.05
Current: 14.15


GLGI's Operating Margin % is ranked better than
80.08% of 1531 companies
in the Chemicals industry
Industry Median: 6.14 vs GLGI: 14.15

Greystone Logistics's 5-Year Average Operating Margin % Growth Rate was 4.90% per year.

Greystone Logistics's Operating Income for the three months ended in Feb. 2024 was $0.59 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2024 was $8.93 Mil.


Greystone Logistics Operating Margin % Historical Data

The historical data trend for Greystone Logistics'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.

Greystone Logistics Operating Margin % Chart

Greystone Logistics Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.08 9.00 9.63 3.80 15.05

Greystone Logistics Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 29.61 23.24 16.26 11.30 4.21

Competitive Comparison of Greystone Logistics's Operating Margin %

For the Specialty Chemicals subindustry, Greystone Logistics'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.


Greystone Logistics's Operating Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Greystone Logistics's Operating Margin % distribution charts can be found below:

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



Greystone Logistics 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.

Greystone Logistics's Operating Margin % for the fiscal year that ended in May. 2023 is calculated as

Operating Margin %=Operating Income (A: May. 2023 ) / Revenue (A: May. 2023 )
=9.143 / 60.759
=15.05 %

Greystone Logistics's Operating Margin % for the quarter that ended in Feb. 2024 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=0.589 / 13.98
=4.21 %

* 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.


Greystone Logistics  (OTCPK:GLGI) 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.


Greystone Logistics Operating Margin % Related Terms

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


Greystone Logistics (Greystone Logistics) Business Description

Traded in Other Exchanges
N/A
Address
1613 East 15th Street, Tulsa, OK, USA, 74120
Greystone Logistics Inc is engaged in the business of manufacturing and selling plastic pallets utilizing recycled plastic. Its products include rackable pallet, can pallet, display pallet, monoblock pallet, rackable pallet, drum pallet, and a mid-duty pallet of different sizes and specifications. The company sells its products through one of its subsidiaries and a network of contractor distributors and direct sales.
Executives
Drew T. Lockard director 4436 POTOMAC AVENUE, DALLAS TX 75205
Warren F Kruger officer: President 1613 E. 15TH STREET, TULSA OK 74120
Larry J. Lebarre director 7518 MIDDLEWOOD, HOUSTON TX 77063
William W Rahhal officer: Chief Financial Officer 1613 E. 15TH STREET, TULSA OK 74120
Paul Kruger 10 percent owner 1801 GATEWAY BLVD.,, SUITE 105, RICHARDSON TX 75080
Bob L Moore director, officer: President & CEO 1613 E 15 ST, TULSA OK 74120
Glog Investment Llc director, 10 percent owner 1613 E 15 ST, TULSA OK 74120
Robert Howard Nelson officer: CFO & COO 1613 EAST 15TH STREET, TULSA OK 74120
Marshall S Cogan director 767 THIRD AVENUE 15TH FLOOR, NEW YORK NY 10017
Rosene Robert B Jr director 3226 E. 62ND STREET, TULSA OK 74136
Westgate Capital Co Llc 10 percent owner
Westgate Investments L P 10 percent owner 1613 EAST 15TH STREET, TULSA OK 74120