Logistec (TSX:LGT.A) Net Margin % : 5.70% (As of Sep. 2023)

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What is Logistec Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Logistec's Net Income for the three months ended in Sep. 2023 was C$17.5 Mil. Logistec's Revenue for the three months ended in Sep. 2023 was C$307.2 Mil. Therefore, Logistec's net margin for the quarter that ended in Sep. 2023 was 5.70%.

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

TSX:LGT.A' s Net Margin % Range Over the Past 10 Years
Min: 2.76 Med: 5.87 Max: 9.63
Current: 2.76

TSX:LGT.A's Net Margin % is not ranked
in the Transportation industry.
Industry Median: 5.43 vs TSX:LGT.A: 2.76

Logistec Net Margin % Historical Data

The historical data trend for Logistec'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.

* Premium members only.

Logistec Net Margin % Chart

Logistec Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Margin %

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3.09

4.09

5.39

6.10

5.97

Logistec Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Net Margin %	Get a 7-Day Free Trial															11.13	5.89	-5.70	1.32	5.70

Competitive Comparison of Logistec's Net Margin %

For the Marine Shipping subindustry, Logistec'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.

Logistec's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Logistec's Net Margin % distribution charts can be found below:

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

Logistec 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.

Logistec's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	53.543	/	897.565
	=	5.97 %

Logistec's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	17.508	/	307.15
	=	5.70 %

Logistec (TSX:LGT.A) 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.

Logistec Net Margin % Related Terms

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Logistec (TSX:LGT.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Logistec Corp (TSX:LGT.A) » Definitions » Net Margin %

Traded in Other Exchanges

LTKBF:USA LGT.B:Canada

Address

600 De La Gauchetiere Street West, 14th Floor, Montreal, QC, CAN, H3B 4L2

Website

https://www.logistec.com

Logistec Corp provides specialized cargo handling and other services to a wide variety of marine, industrial and municipal customers. It has cargo handling facilities in ports across North America and offers marine agency services to foreign shipowners and operators serving the Canadian market. The company is widely diversified on the basis of cargo type and port location with a balance between import and export activities. The company is organized and operate in two industry segments: Marine services, and Environmental services. The Marine Services Segment which is the key revenue-generating segment provides cargo handling and other services to marine and industrial customers. It has a business presence in Canada and the US.

Logistec (TSX:LGT.A) Headlines

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