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Great Canadian Gaming (Great Canadian Gaming) Operating Margin % : -10.04% (As of Jun. 2021)


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What is Great Canadian Gaming Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Great Canadian Gaming's Operating Income for the three months ended in Jun. 2021 was $-5.8 Mil. Great Canadian Gaming's Revenue for the three months ended in Jun. 2021 was $57.9 Mil. Therefore, Great Canadian Gaming's Operating Margin % for the quarter that ended in Jun. 2021 was -10.04%.

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

GCGMF' s Operating Margin % Range Over the Past 10 Years
Min: -39.22   Med: 25.31   Max: 31.13
Current: -39.22


GCGMF's Operating Margin % is not ranked
in the Travel & Leisure industry.
Industry Median: 8.29 vs GCGMF: -39.22

Great Canadian Gaming's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Great Canadian Gaming's Operating Income for the three months ended in Jun. 2021 was $-5.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2021 was $-70.0 Mil.

Warning Sign:

Great Canadian Gaming Corp has recorded a loss in operating income at least once over the past 3 years.


Great Canadian Gaming Operating Margin % Historical Data

The historical data trend for Great Canadian Gaming'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.

Great Canadian Gaming Operating Margin % Chart

Great Canadian Gaming Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.58 25.04 31.13 28.74 -1.61

Great Canadian Gaming Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -29.46 -70.77 -37.54 -54.68 -10.04

Competitive Comparison of Great Canadian Gaming's Operating Margin %

For the Gambling subindustry, Great Canadian Gaming'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.


Great Canadian Gaming's Operating Margin % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Great Canadian Gaming's Operating Margin % falls into.



Great Canadian Gaming 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.

Great Canadian Gaming's Operating Margin % for the fiscal year that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=-5.543 / 345.304
=-1.61 %

Great Canadian Gaming's Operating Margin % for the quarter that ended in Jun. 2021 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=-5.81 / 57.856
=-10.04 %

* 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.


Great Canadian Gaming  (OTCPK:GCGMF) 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.


Great Canadian Gaming Operating Margin % Related Terms

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Great Canadian Gaming (Great Canadian Gaming) Business Description

Traded in Other Exchanges
N/A
Address
39 Wynford Drive, North York, ON, CAN, M3C 3K5
Great Canadian Gaming Corp is a gambling, entertainment, and hospitality company that operates throughout Canada. The company's operations are divided into three segments based on geography: Ontario, British Columbia, and Atlantic. The company generates over half of its revenue from the Ontario region. Great Canadian Gaming Corp offerings include casinos with slot machines, table games, and food and beverage; outdoor horse racing tracks; and hotels, community gaming spots, and related hospitality facilities.

Great Canadian Gaming (Great Canadian Gaming) Headlines

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