GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Daseke Inc (NAS:DSKE) » Definitions » Operating Income

Daseke (Daseke) Operating Income

: $44 Mil (TTM As of Dec. 2023)
View and export this data going back to 2014. Start your Free Trial

Daseke's Operating Income for the three months ended in Dec. 2023 was $-1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $44 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Daseke's Operating Income for the three months ended in Dec. 2023 was $-1 Mil. Daseke's Revenue for the three months ended in Dec. 2023 was $360 Mil. Therefore, Daseke's Operating Margin % for the quarter that ended in Dec. 2023 was -0.36%.

Good Sign:

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

Daseke's 5-Year average Growth Rate for Operating Margin % was 38.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daseke's annualized ROC % for the quarter that ended in Dec. 2023 was -0.50%. Daseke's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.66%.


Daseke Operating Income Historical Data

The historical data trend for Daseke'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.

Daseke Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.90 53.40 96.00 93.00 43.80

Daseke Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income 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 10.30 8.10 19.50 17.50 -1.30

Daseke 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.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $44 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.


Daseke  (NAS:DSKE) Operating Income Explanation

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

Daseke's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-5.2 * ( 1 - 5.24% )/( (1003 + 975)/ 2 )
=-4.92752/989
=-0.50 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Daseke's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-62/( ( (658.8 + max(63.2, 0)) + (655 + max(55, 0)) )/ 2 )
=-62/( ( 722 + 710 )/ 2 )
=-62/716
=-8.66 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(185.6 + 4.2 + 21.8) - (148.4 + 0 + -5.6843418860808E-14)
=63.2

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(157.8 + 4.1 + 23.1) - (130 + 0 + 0)
=55

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Daseke'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 )
=-1.3/360
=-0.36 %

* 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.


Daseke Operating Income Related Terms

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


Daseke (Daseke) Business Description

Traded in Other Exchanges
Address
15455 Dallas Parkway, Suite 550, Addison, TX, USA, 75001
Daseke Inc provides transportation and logistics solutions focused exclusively on flatbed and specialized freight in North America. It has two reportable segments: Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering transportation and logistics solutions that principally require the use of flatbed and retractable-sided transportation equipment; and the Specialized Solutions segment focuses on delivering transportation and logistics solutions that require the use of specialized trailering transportation equipment. Daseke derives most of its revenues from its Specialized Solutions segment.
Executives
Aaron Coley officer: EVP and CFO 15455 DALLAS PKWY, SUITE 550, ADDISON TX 75001
Scott Hoppe officer: EVP and COO C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Rick Alan Williams officer: EVP and COO 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Bruce Blaise director C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Catharine D Ellingsen director 18500 N. ALLIED WAY, PHOENIX AZ 85054
Charles F Serianni director 110 S.E. 6TH STREET, 28TH FLOOR, FORT LAUDERDALE FL 33301
Jason R. Bates officer: EVP and CFO USA TRUCK, INC., 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Grant Edward Garbers director C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Soumit Roy officer: Chief Legal Officer & Sec. DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Jonathan Shepko director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kevin M. Charlton director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Brian Bonner director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kimberly Warmbier director 3150 SABRE DRIVE, SOUTHLAKE TX 76092

Daseke (Daseke) Headlines

From GuruFocus

Daseke, Inc. to Release First-Quarter 2023 Results on May 9, 2023

By sperokesalga sperokesalga 04-18-2023

Daseke, Inc. to Release Third-Quarter 2022 Results November 9, 2022

By Value_Insider Value_Insider 10-26-2022

Daseke Announces Completion of Founder's Stock Repurchase

By Value_Insider Value_Insider 11-21-2022

Daseke to Participate in Two Investor Conferences

By Value_Insider Value_Insider 11-15-2022

Daseke Management to Participate in Stifel 2023 Transportation & Logistics Conference

By Stock market mentor Stock market mentor 01-31-2023

Daseke to Attend Upcoming Investor Conferences

By GuruFocusNews GuruFocusNews 02-04-2022

Daseke, Inc. to Release Fourth-Quarter and Full-Year 2022 Results February 6, 2023

By Stock market mentor Stock market mentor 01-27-2023