GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JTEKT Corp (OTCPK:JTEKF) » Definitions » Net Margin %

JTEKT (JTEKF) Net Margin %

: 2.72% (As of Dec. 2023)
View and export this data going back to 2013. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. JTEKT's Net Income for the three months ended in Dec. 2023 was $92 Mil. JTEKT's Revenue for the three months ended in Dec. 2023 was $3,400 Mil. Therefore, JTEKT's net margin for the quarter that ended in Dec. 2023 was 2.72%.

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

JTEKF' s Net Margin % Range Over the Past 10 Years
Min: -0.27   Med: 1.95   Max: 3.6
Current: 2.81


JTEKF's Net Margin % is ranked worse than
53.69% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 3.38 vs JTEKF: 2.81

JTEKT Net Margin % Historical Data

The historical data trend for JTEKT'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.

JTEKT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 -0.27 0.06 1.45 2.04

JTEKT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 1.45 3.52 3.36 1.71 2.72

Competitive Comparison

For the Auto Parts subindustry, JTEKT'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.


JTEKT Net Margin % Distribution

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

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



JTEKT 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.

JTEKT's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=256.433/12554.931
=2.04 %

JTEKT'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 )
=92.345/3400.402
=2.72 %

* 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.


JTEKT  (OTCPK:JTEKF) 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.


JTEKT Net Margin % Related Terms

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


JTEKT (JTEKF) Business Description

Traded in Other Exchanges
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

JTEKT (JTEKF) Headlines

No Headlines