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Finning International (Finning International) Net Margin % : 3.19% (As of Dec. 2023)


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What is Finning International Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Finning International's Net Income for the three months ended in Dec. 2023 was $63 Mil. Finning International's Revenue for the three months ended in Dec. 2023 was $1,986 Mil. Therefore, Finning International's net margin for the quarter that ended in Dec. 2023 was 3.19%.

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

FINGF' s Net Margin % Range Over the Past 10 Years
Min: -2.57   Med: 3.6   Max: 5.42
Current: 4.97


FINGF's Net Margin % is ranked better than
61.81% of 144 companies
in the Industrial Distribution industry
Industry Median: 4.13 vs FINGF: 4.97

Finning International Net Margin % Historical Data

The historical data trend for Finning International'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.

Finning International Net Margin % Chart

Finning International 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 3.10 3.74 4.99 5.42 4.97

Finning International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.13 5.63 5.33 5.77 3.19

Competitive Comparison of Finning International's Net Margin %

For the Industrial Distribution subindustry, Finning International'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.


Finning International's Net Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Finning International's Net Margin % distribution charts can be found below:

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



Finning International 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.

Finning International'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 )
=389.833/7846.601
=4.97 %

Finning International's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=63.357/1985.689
=3.19 %

* 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.


Finning International  (OTCPK:FINGF) 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.


Finning International Net Margin % Related Terms

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Finning International (Finning International) Business Description

Traded in Other Exchanges
Address
19100 94th Avenue, Surrey, BC, CAN, V4N 5C3
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.

Finning International (Finning International) Headlines