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Holcim Ecuador (QUI:HLE) Operating Income : $77.7 Mil (TTM As of Dec. 2024)


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What is Holcim Ecuador Operating Income?

Holcim Ecuador's Operating Income for the six months ended in Dec. 2024 was $77.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was $77.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Holcim Ecuador's Operating Income for the six months ended in Dec. 2024 was $77.7 Mil. Holcim Ecuador's Revenue for the six months ended in Dec. 2024 was $317.0 Mil. Therefore, Holcim Ecuador's Operating Margin % for the quarter that ended in Dec. 2024 was 24.50%.

Warning Sign:

Holcim Ecuador SA operating margin has been in a 5-year decline. The average rate of decline per year is -3.4%.

Holcim Ecuador's 5-Year average Growth Rate for Operating Margin % was -3.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Holcim Ecuador's annualized ROC % for the quarter that ended in Dec. 2024 was 13.23%. Holcim Ecuador's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 29.21%.


Holcim Ecuador Operating Income Historical Data

The historical data trend for Holcim Ecuador's Operating Income 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.

Holcim Ecuador Operating Income Chart

Holcim Ecuador Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.72 94.70 102.88 84.14 77.67

Holcim Ecuador Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.72 94.70 102.88 84.14 77.67

Holcim Ecuador Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was $77.7 Mil.

* 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.


Holcim Ecuador  (QUI:HLE) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Holcim Ecuador's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=77.672 * ( 1 - 22.48% )/( (457.012 + 452.951)/ 2 )
=60.2113344/454.9815
=13.23 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=529.952 - 116.405 - ( 11.411 - max(0, 139.967 - 100.563+11.411))
=452.951

Note: The Operating Income data used here is one times the annual (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Holcim Ecuador's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=103.011/( ( (359.394 + max(-137.71, 0)) + (345.941 + max(-61.065, 0)) )/ 2 )
=103.011/( ( 359.394 + 345.941 )/ 2 )
=103.011/352.6675
=29.21 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.125 + 35.634 + 1.425) - (187.671 + 0 + 19.223)
=-137.71

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.248 + 31.724 + 6.794) - (116.405 + 0 + 16.426)
=-61.065

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Holcim Ecuador's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=77.672/316.989
=24.50 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, 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 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.


Holcim Ecuador Operating Income Related Terms

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Holcim Ecuador Business Description

Traded in Other Exchanges
N/A
Address
Barcelona Avenue, San Eduardo I Urbanization, El Caiman Building, 2nd Floor, Guayaquil, ECU
Holcim Ecuador SA is an Ecuador-based company engaged in the manufacturing and production of clinker, cement, and concrete. The company offers products and services for road development, buildings, infrastructure, developments and residences, and agro-industrial solutions.

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