MCRAA (McRae Industries) Net Margin %: 6.46% (As of Jul. 2023)

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MCRAA McRae Industries Inc MCRAA
12 GF Score
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What is McRae Industries Net Margin %?

McRae Industries MCRAA 12 Net Margin % is 6.46% as of Jul. 2023. GuruFocus rates MCRAA with a GF Score™ of 12/100.

Net margin is calculated as Net Income divided by its Revenue. McRae Industries's Net Income for the six months ended in Jul. 2023 was $8.1 Mil. McRae Industries's Revenue for the six months ended in Jul. 2023 was $124.7 Mil. Therefore, McRae Industries's net margin for the quarter that ended in Jul. 2023 was 6.46%.

The historical rank and industry rank for McRae Industries's Net Margin % or its related term are showing as below:


MCRAA's Net Margin % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.59
* Ranked among companies with meaningful Net Margin % only.

McRae Industries  (OTCPK:MCRAA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


McRae Industries Net Margin % Related Terms


McRae Industries Net Margin % Historical Data

* Premium members only.

The historical data trend for McRae Industries's Net 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.

McRae Industries Net Margin % Chart

McRae Industries Annual Data
Trend Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.27 2.08 4.08 8.17 6.46

McRae Industries Semi-Annual Data
Jul89 Jul90 Jul91 Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Net 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 4.27 2.08 4.08 8.17 6.46

MCRAA vs RCKY, DBI, VRA: Net Margin % Comparison

For the Footwear & Accessories subindustry, McRae Industries's Net Margin %, along with its competitors' market caps and Net 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.


McRae Industries Net Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where McRae Industries's Net Margin % falls into.


MCRAA
12GF Score
McRae Industries Inc MCRAA
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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McRae Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

McRae Industries's Net Margin for the fiscal year that ended in Jul. 2023 is calculated as

Net Margin=Net Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=8.061/124.702
=6.46 %

McRae Industries's Net Margin for the quarter that ended in Jul. 2023 is calculated as

Net Margin=Net Income (Q: Jul. 2023 )/Revenue (Q: Jul. 2023 )
=8.061/124.702
=6.46 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 6.46% mean?
McRae Industries (MCRAA) has a Net Margin % of 6.46% as of Jul. 2023. Net margin is the ratio of total net income to net sales. View historical data on McRae Industries and its competitors.
Is McRae Industries' Net Margin % too high?
McRae Industries' current Net Margin % is 6.46%. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.59. McRae Industries' value of 6.46% is 149.4% above this industry median. Overall, McRae Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does McRae Industries' Net Margin % compare to RCKY and DBI?
McRae Industries' Net Margin % of 6.46% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Net Margin % is 2.59. McRae Industries' value of 6.46% is 149.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.59, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McRae Industries's current Net Margin % of 6.46% is 149.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on McRae Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McRae Industries's current Net Margin % is 6.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McRae Industries stock overvalued right now?
McRae Industries (MCRAA) has a current Net Margin % of 6.46%. The current Net Margin % is 6.46% and 149.4% above the Manufacturing - Apparel & Accessories industry median of 2.59. McRae Industries' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For McRae Industries (MCRAA), the current Net Margin % is 6.46% as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

McRae Industries Business Description

Address 400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306
McRae Industries Inc operates in the footwear industry. It is engaged in the manufacturing, sales, and distribution of boot products targeted to the western lifestyle and work boot markets. The company also manufactures military combat boots for the U.S. Government and operates other smaller businesses. It has a wholly owned subsidiary that designs, markets, and distributes men's, women's, and children's footwear under the following brands: Dan Post, Laredo Western Boots, Dingo, and McRae Footwear.
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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