GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Andlauer Healthcare Group Inc (TSX:AND) » Definitions » Operating Income

Andlauer Healthcare Group (TSX:AND) Operating Income : C$93.6 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Andlauer Healthcare Group Operating Income?

Andlauer Healthcare Group's Operating Income for the three months ended in Mar. 2024 was C$21.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was C$93.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Andlauer Healthcare Group's Operating Income for the three months ended in Mar. 2024 was C$21.2 Mil. Andlauer Healthcare Group's Revenue for the three months ended in Mar. 2024 was C$161.1 Mil. Therefore, Andlauer Healthcare Group's Operating Margin % for the quarter that ended in Mar. 2024 was 13.18%.

Good Sign:

Andlauer Healthcare Group Inc operating margin is expanding. Margin expansion is usually a good sign.

Andlauer Healthcare Group's 5-Year average Growth Rate for Operating Margin % was 1.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Andlauer Healthcare Group's annualized ROC % for the quarter that ended in Mar. 2024 was 10.73%. Andlauer Healthcare Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 36.96%.


Andlauer Healthcare Group Operating Income Historical Data

The historical data trend for Andlauer Healthcare Group'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.

Andlauer Healthcare Group Operating Income Chart

Andlauer Healthcare Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial 44.99 50.94 73.70 110.35 96.05

Andlauer Healthcare Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.69 22.60 21.72 28.04 21.24

Andlauer Healthcare Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$93.6 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.


Andlauer Healthcare Group  (TSX:AND) Operating Income Explanation

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

Andlauer Healthcare Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=84.972 * ( 1 - 26.73% )/( (581.857 + 578.707)/ 2 )
=62.2589844/580.282
=10.73 %

where

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

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

Andlauer Healthcare Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=87.788/( ( (166.2 + max(72.345, 0)) + (165.402 + max(71.06, 0)) )/ 2 )
=87.788/( ( 238.545 + 236.462 )/ 2 )
=87.788/237.5035
=36.96 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(102.206 + 5.329 + 6.605) - (40.829 + 0.966 + 1.4210854715202E-14)
=72.345

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.251 + 5.313 + 5.804) - (40.308 + 0 + 0)
=71.06

When net working capital is negative, 0 is used.

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

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

Andlauer Healthcare Group's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=21.243/161.138
=13.18 %

* 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.


Andlauer Healthcare Group Operating Income Related Terms

Thank you for viewing the detailed overview of Andlauer Healthcare Group's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Andlauer Healthcare Group (TSX:AND) Business Description

Traded in Other Exchanges
Address
100 Vaughan Valley Boulevard, Vaughan, ON, CAN, L4H 3C5
Andlauer Healthcare Group Inc is an investment holding company. It operates in two segments namely Specialized Transportation and Healthcare Logistics. The company generates maximum revenue from the Specialized Transportation segment. Its Specialized Transportation segment provides specialized temperature controlled services to healthcare customers. The company's transportation products include ground transportation, air freight forwarding, and dedicated and last mile delivery. The Healthcare Logistics segment provides contract logistics services for customers, including logistics and distribution, and packaging.

Andlauer Healthcare Group (TSX:AND) Headlines

From GuruFocus

Wall Street Red on Wednesday as Fed Cuts Rates

By Omar Venerio Omar Venerio 07-31-2019