GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Perseus Mining Ltd (OTCPK:PMNXF) » Definitions » Operating Margin %

Perseus Mining (Perseus Mining) Operating Margin %

: 41.43% (As of Dec. 2023)
View and export this data going back to . Start your Free Trial

Operating Margin % is calculated as Operating Income divided by its Revenue. Perseus Mining's Operating Income for the six months ended in Dec. 2023 was $202.6 Mil. Perseus Mining's Revenue for the six months ended in Dec. 2023 was $489.0 Mil. Therefore, Perseus Mining's Operating Margin % for the quarter that ended in Dec. 2023 was 41.43%.

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

PMNXF' s Operating Margin % Range Over the Past 10 Years
Min: -15.33   Med: 10.34   Max: 42.97
Current: 42.97


PMNXF's Operating Margin % is ranked better than
95.8% of 857 companies
in the Metals & Mining industry
Industry Median: 2.02 vs PMNXF: 42.97

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

Perseus Mining's Operating Income for the six months ended in Dec. 2023 was $202.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $421.4 Mil.


Perseus Mining Operating Margin % Historical Data

The historical data trend for Perseus Mining'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.

Perseus Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.34 19.13 26.28 28.14 39.90

Perseus Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 21.86 34.70 34.89 44.50 41.43

Competitive Comparison

For the Gold subindustry, Perseus Mining'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.


Perseus Mining Operating Margin % Distribution

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's Operating Margin % distribution charts can be found below:

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



Perseus Mining 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.

Perseus Mining'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 )
=376.687 / 944.193
=39.90 %

Perseus Mining'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 )
=202.592 / 488.959
=41.43 %

* 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.


Perseus Mining  (OTCPK:PMNXF) 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.


Perseus Mining Operating Margin % Related Terms

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


Perseus Mining (Perseus Mining) Business Description

Traded in Other Exchanges
Address
437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus Mining in an Australian-based gold miner. It sold around 540,000 ounces of gold in fiscal 2023 from its three majority-owned mines in West Africa. Founded in 2004, Perseus purchased all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, the company had about five years of reserves at the end of fiscal 2023.

Perseus Mining (Perseus Mining) Headlines

From GuruFocus