GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tree Island Steel Ltd (OTCPK:TWIRF) » Definitions » Net Margin %

Tree Island Steel (Tree Island Steel) Net Margin % : 1.03% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tree Island Steel Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tree Island Steel's Net Income for the three months ended in Mar. 2024 was $0.5 Mil. Tree Island Steel's Revenue for the three months ended in Mar. 2024 was $44.8 Mil. Therefore, Tree Island Steel's net margin for the quarter that ended in Mar. 2024 was 1.03%.

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

TWIRF' s Net Margin % Range Over the Past 10 Years
Min: -2.59   Med: 2.68   Max: 29.14
Current: 0.97


TWIRF's Net Margin % is ranked worse than
68.44% of 602 companies
in the Steel industry
Industry Median: 2.745 vs TWIRF: 0.97

Tree Island Steel Net Margin % Historical Data

The historical data trend for Tree Island Steel'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.

Tree Island Steel Net Margin % Chart

Tree Island Steel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.59 2.38 29.14 9.21 2.97

Tree Island Steel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.33 2.60 3.64 -3.04 1.03

Competitive Comparison of Tree Island Steel's Net Margin %

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tree Island Steel's Net Margin % falls into.



Tree Island Steel 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.

Tree Island Steel's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=5.626/189.674
=2.97 %

Tree Island Steel's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.462/44.762
=1.03 %

* 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.


Tree Island Steel  (OTCPK:TWIRF) 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.


Tree Island Steel Net Margin % Related Terms

Thank you for viewing the detailed overview of Tree Island Steel's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tree Island Steel (Tree Island Steel) Business Description

Traded in Other Exchanges
Address
3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd operates in the steel business. It is engaged in the manufacturing and sale of steel wire and related products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The firm groups its products into the following: Industrial, Commercial, Agricultural, Construction, and Residential Construction. Key revenue is derived from the Industrial segment. The products are offered under Tree Island, Halsteel, K-Lath, True spec, Toughstrand, and Stucco-rite brands. Geographically the firm has its business presence across the region of the United States, Canada, and other regions, of which the United States region accounts for the majority share of the revenue.

Tree Island Steel (Tree Island Steel) Headlines