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Remy Cointreau (Remy Cointreau) Operating Margin % : 26.56% (As of Sep. 2023)


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What is Remy Cointreau Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Remy Cointreau's Operating Income for the six months ended in Sep. 2023 was $180 Mil. Remy Cointreau's Revenue for the six months ended in Sep. 2023 was $680 Mil. Therefore, Remy Cointreau's Operating Margin % for the quarter that ended in Sep. 2023 was 26.56%.

Good Sign:

Remy Cointreau operating margin is expanding. Margin expansion is usually a good sign.

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

REMYF' s Operating Margin % Range Over the Past 10 Years
Min: 14.27   Med: 20.78   Max: 28.3
Current: 21.85


REMYF's Operating Margin % is ranked better than
84.29% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 8.42 vs REMYF: 21.85

Remy Cointreau's 5-Year Average Operating Margin % Growth Rate was 0.30% per year.

Remy Cointreau's Operating Income for the six months ended in Sep. 2023 was $180 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $308 Mil.


Remy Cointreau Operating Margin % Historical Data

The historical data trend for Remy Cointreau'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.

Remy Cointreau Operating Margin % Chart

Remy Cointreau Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.42 20.90 23.50 14.27 28.30

Remy Cointreau Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 30.88 -1.78 36.84 17.45 26.56

Competitive Comparison of Remy Cointreau's Operating Margin %

For the Beverages - Wineries & Distilleries subindustry, Remy Cointreau'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.


Remy Cointreau's Operating Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Remy Cointreau's Operating Margin % distribution charts can be found below:

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



Remy Cointreau 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.

Remy Cointreau's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=469.272 / 1657.923
=28.30 %

Remy Cointreau's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=180.47 / 679.509
=26.56 %

* 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.


Remy Cointreau  (OTCPK:REMYF) 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.


Remy Cointreau Operating Margin % Related Terms

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


Remy Cointreau (Remy Cointreau) Business Description

Traded in Other Exchanges
Address
Rue Joseph Pataa, Cognac, FRA, 16100
Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (Remy Cointreau) Headlines

From GuruFocus

Remy-Cointreau a Great Company but Expensive Stock

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