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AVACF (Avance Gas Holding) Operating Margin % : 46.05% (As of Sep. 2024)


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What is Avance Gas Holding Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Avance Gas Holding's Operating Income for the three months ended in Sep. 2024 was $28.8 Mil. Avance Gas Holding's Revenue for the three months ended in Sep. 2024 was $62.6 Mil. Therefore, Avance Gas Holding's Operating Margin % for the quarter that ended in Sep. 2024 was 46.05%.

The historical rank and industry rank for Avance Gas Holding's Operating Margin % or its related term are showing as below:

AVACF' s Operating Margin % Range Over the Past 10 Years
Min: -27.03   Med: 24.21   Max: 63.11
Current: 53.73


AVACF's Operating Margin % is ranked better than
95.15% of 948 companies
in the Oil & Gas industry
Industry Median: 7.82 vs AVACF: 53.73

Avance Gas Holding's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Avance Gas Holding's Operating Income for the three months ended in Sep. 2024 was $28.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $192.2 Mil.


Avance Gas Holding Operating Margin % Historical Data

The historical data trend for Avance Gas Holding's Operating 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.

Avance Gas Holding Operating Margin % Chart

Avance Gas Holding Annual Data
Trend Nov13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.09 26.00 22.41 35.59 51.83

Avance Gas Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating 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 44.35 59.90 60.88 38.47 46.05

Competitive Comparison of Avance Gas Holding's Operating Margin %

For the Oil & Gas Midstream subindustry, Avance Gas Holding's Operating Margin %, along with its competitors' market caps and Operating 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.


Avance Gas Holding's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Avance Gas Holding's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Avance Gas Holding's Operating Margin % falls into.



Avance Gas Holding Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Avance Gas Holding's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=182.617 / 352.31
=51.83 %

Avance Gas Holding's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=28.824 / 62.59
=46.05 %

* 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.


Avance Gas Holding  (OTCPK:AVACF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


Avance Gas Holding Operating Margin % Related Terms

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Avance Gas Holding Business Description

Address
14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment which is liquefied petroleum gas.

Avance Gas Holding Headlines

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