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DSHKP.PFD (Drive Shack) Operating Margin % : -3.13% (As of Dec. 2023)


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What is Drive Shack Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Drive Shack's Operating Income for the three months ended in Dec. 2023 was $-2.92 Mil. Drive Shack's Revenue for the three months ended in Dec. 2023 was $93.56 Mil. Therefore, Drive Shack's Operating Margin % for the quarter that ended in Dec. 2023 was -3.13%.

Good Sign:

Drive Shack Inc operating margin is expanding. Margin expansion is usually a good sign.

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

DSHKP.PFD' s Operating Margin % Range Over the Past 10 Years
Min: -19.45   Med: -10.21   Max: -0.48
Current: -0.48


DSHKP.PFD's Operating Margin % is ranked worse than
74.02% of 820 companies
in the Travel & Leisure industry
Industry Median: 8.22 vs DSHKP.PFD: -0.48

Drive Shack's 5-Year Average Operating Margin % Growth Rate was 37.00% per year.

Drive Shack's Operating Income for the three months ended in Dec. 2023 was $-2.92 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.76 Mil.


Drive Shack Operating Margin % Historical Data

The historical data trend for Drive Shack'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.

Drive Shack Operating Margin % Chart

Drive Shack Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.07 -16.98 -5.53 -8.10 -0.48

Drive Shack Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -15.72 -6.91 7.46 -0.81 -3.13

Competitive Comparison of Drive Shack's Operating Margin %

For the Leisure subindustry, Drive Shack'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.


Drive Shack's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Drive Shack's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Drive Shack's Operating Margin % falls into.



Drive Shack 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.

Drive Shack'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 )
=-1.763 / 369.472
=-0.48 %

Drive Shack's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-2.924 / 93.558
=-3.13 %

* 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.


Drive Shack  (OTCPK:DSHKP.PFD) 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.


Drive Shack Operating Margin % Related Terms

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


Drive Shack Business Description

Traded in Other Exchanges
Address
10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231
Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf Properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue is derived from the Traditional Golf Properties segment.

Drive Shack Headlines

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