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Sono-Tek (Sono-Tek) Net Margin % : 12.13% (As of Nov. 2023)


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What is Sono-Tek Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sono-Tek's Net Income for the three months ended in Nov. 2023 was $0.69 Mil. Sono-Tek's Revenue for the three months ended in Nov. 2023 was $5.69 Mil. Therefore, Sono-Tek's net margin for the quarter that ended in Nov. 2023 was 12.13%.

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

SOTK' s Net Margin % Range Over the Past 10 Years
Min: 1   Med: 4.67   Max: 14.84
Current: 7.25


SOTK's Net Margin % is ranked better than
70.8% of 2462 companies
in the Hardware industry
Industry Median: 2.845 vs SOTK: 7.25

Sono-Tek Net Margin % Historical Data

The historical data trend for Sono-Tek'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.

Sono-Tek Net Margin % Chart

Sono-Tek Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 7.21 7.56 14.84 4.22

Sono-Tek Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 2.93 1.72 1.47 9.59 12.13

Competitive Comparison of Sono-Tek's Net Margin %

For the Scientific & Technical Instruments subindustry, Sono-Tek'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.


Sono-Tek's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sono-Tek's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sono-Tek's Net Margin % falls into.



Sono-Tek 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.

Sono-Tek's Net Margin for the fiscal year that ended in Feb. 2023 is calculated as

Net Margin=Net Income (A: Feb. 2023 )/Revenue (A: Feb. 2023 )
=0.636/15.058
=4.22 %

Sono-Tek's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=0.69/5.69
=12.13 %

* 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.


Sono-Tek  (NAS:SOTK) 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.


Sono-Tek Net Margin % Related Terms

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


Sono-Tek (Sono-Tek) Business Description

Traded in Other Exchanges
N/A
Address
2012 Route 9W, Milton, NY, USA, 12547
Sono-Tek Corp designs and manufactures ultrasonic coating systems that apply precise, thin film coatings to a multitude of products for the microelectronics/electronics, alternative energy, medical and industrial markets, including specialized glass applications in construction and automotive. It sell products to emerging research and development and other markets. Its ultrasonic nozzle systems use high frequency, ultrasonic vibrations that atomize liquids into minute drops that can be applied to surfaces at low velocity providing thin layers of protective materials over a surface such as glass or metals.
Executives
Robb William Engle officer: VP 164 LUCAS AVENUE, KINGSTON NY 12401
Christopher L Coccio director, officer: CEO & President SONO-TEK CORP, 2012 RT 9W, MILTON NY 12547
Philip A Strasburg director, officer: Treasurer 19380 CEDAR GLEN DR., BOCA RATON FL 33434
Joseph Riemer officer: Vice President of Engineering SONO-TEK CORP, 2012 RT 9W, MILTON NY 12547
Stephen James Bagley officer: Chief Financial Officer SONO-TEK CORPORATION, 2012 ROUTE 9W, MILTON NY 12547
Christopher Cichetti officer: Vice President SONO-TEK CORP., 2012 RT 9W, MILTON NY 12547
Maria T Kuha officer: VP 9 SUNRISE DRIVE, MILTON NY 12547
Carol A O'donnell director 540 JOAN DRIVE, FAIRFILED CT 06824-2207
Eric Haskell director 518 CANDACE LANE, VILLANOVA PA 19085
Samuel Schwartz director, 10 percent owner, other: Chairman 877 ROUTE 9W, UPPER GRANDVIEW NY 10960
Bennett Bruntil officer: Vice President 351 DUBOIS ROAD, NEW PALTZ NY 12561
Handler Edward J Iii director 31 HANCOCK LANE, DARIEN CT 06820-2511
R Stephen Harshbarger officer: Vice President of Sales ROUTE 22, PAWLING NY 12564
Donald F Mowbray director 103 JENKINS ROAD, BURNT HILLS NY 12027
Norwood Venture Corp other: Former 10% Owner 174 DEZENZO LANE, WEST ORANGE NJ 07052