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Renaissance ServicesOG (MUS:RNSS) Operating Income : ر.ع12.2 Mil (TTM As of Dec. 2024)


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What is Renaissance ServicesOG Operating Income?

Renaissance ServicesOG's Operating Income for the three months ended in Dec. 2024 was ر.ع3.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was ر.ع12.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Renaissance ServicesOG's Operating Income for the three months ended in Dec. 2024 was ر.ع3.1 Mil. Renaissance ServicesOG's Revenue for the three months ended in Dec. 2024 was ر.ع30.7 Mil. Therefore, Renaissance ServicesOG's Operating Margin % for the quarter that ended in Dec. 2024 was 9.99%.

Good Sign:

Renaissance Services SAOG operating margin is expanding. Margin expansion is usually a good sign.

Renaissance ServicesOG's 5-Year average Growth Rate for Operating Margin % was 0.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Renaissance ServicesOG's annualized ROC % for the quarter that ended in Dec. 2024 was 6.97%. Renaissance ServicesOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 11.56%.


Renaissance ServicesOG Operating Income Historical Data

The historical data trend for Renaissance ServicesOG's Operating Income 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.

Renaissance ServicesOG Operating Income Chart

Renaissance ServicesOG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.64 15.53 15.58 14.89 13.26

Renaissance ServicesOG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Operating Income 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 3.12 3.61 3.45 3.07 2.11

Renaissance ServicesOG Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع12.2 Mil.

* 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.


Renaissance ServicesOG  (MUS:RNSS) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Renaissance ServicesOG's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=12.28 * ( 1 - 5.52% )/( (156.933 + 175.896)/ 2 )
=11.602144/166.4145
=6.97 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Renaissance ServicesOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.716/( ( (134.044 + max(13.581, 0)) + (132.261 + max(9.271, 0)) )/ 2 )
=16.716/( ( 147.625 + 141.532 )/ 2 )
=16.716/144.5785
=11.56 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.091 + 4.49 + 0) - (33 + 0 + 0)
=13.581

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.65 + 4.598 + 0.643) - (10.173 + 0 + 24.447)
=9.271

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Renaissance ServicesOG's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=3.07/30.744
=9.99 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Renaissance ServicesOG Operating Income Related Terms

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Renaissance ServicesOG Business Description

Traded in Other Exchanges
N/A
Address
Renaissance House, P.O. Box 1676, Central Business District, Muttrah, OMN, 114
Renaissance Services SAOG with its subsidiaries is engaged in investing in companies and properties, providing turnkey and other contract services including accommodation solutions, facilities management, facilities establishment, contract catering, operations and maintenance services, training services, waste management, and general trading and related activities. The segments of the company include contract services which consist of contract services, accommodation solutions, and integrated facilities management (IFM) services. Geographically, it derives the majority of its revenue from Oman.

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