GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vitesco Technologies Group AG (OTCPK:VTSCF) » Definitions » Net Margin %

VTSCF (Vitesco Technologies Group AG) Net Margin % : 1.69% (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Vitesco Technologies Group AG Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vitesco Technologies Group AG's Net Income for the three months ended in Jun. 2024 was $37 Mil. Vitesco Technologies Group AG's Revenue for the three months ended in Jun. 2024 was $2,179 Mil. Therefore, Vitesco Technologies Group AG's net margin for the quarter that ended in Jun. 2024 was 1.69%.

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

VTSCF' s Net Margin % Range Over the Past 10 Years
Min: -7.26   Med: -1.25   Max: 0.95
Current: 0.28


VTSCF's Net Margin % is ranked worse than
73.11% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 3.08 vs VTSCF: 0.28

Vitesco Technologies Group AG Net Margin % Historical Data

The historical data trend for Vitesco Technologies Group AG'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.

Vitesco Technologies Group AG Net Margin % Chart

Vitesco Technologies Group AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -7.26 -4.69 -1.46 0.26 -1.04

Vitesco Technologies Group AG Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.57 1.38 -2.73 1.14 1.69

Competitive Comparison of Vitesco Technologies Group AG's Net Margin %

For the Auto Parts subindustry, Vitesco Technologies Group AG'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.


Vitesco Technologies Group AG's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vitesco Technologies Group AG's Net Margin % distribution charts can be found below:

* The bar in red indicates where Vitesco Technologies Group AG's Net Margin % falls into.



Vitesco Technologies Group AG 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.

Vitesco Technologies Group AG'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 )
=-105.125/10068.92
=-1.04 %

Vitesco Technologies Group AG's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=36.921/2179.225
=1.69 %

* 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.


Vitesco Technologies Group AG  (OTCPK:VTSCF) 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.


Vitesco Technologies Group AG Net Margin % Related Terms

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


Vitesco Technologies Group AG Business Description

Traded in Other Exchanges
Address
Siemensstrase 12, Regensburg, BY, DEU, 93055
Vitesco is a global Tier I automotive supplier of internal combustion engine, hybrid electric, battery electric, and fuel cell electric vehicle powertrain components and systems, operating through four segments: electrification technology, electronic controls, sensing and actuation, and contract manufacturing. The company was spun off from Continental in September 2021. ICE powertrain products include electronic controls, sensors, actuators, turbochargers, hydraulic components, pumps, and emissions technologies. HEV, BEV, and FCEV products include battery management systems, on-board chargers, battery junction boxes, e-motors, inverters, converters, thermal control, electronic control units, pumps, flow control valves, sensors, and actuators.

Vitesco Technologies Group AG Headlines