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Games Workshop Group (Games Workshop Group) Operating Margin % : 38.15% (As of Nov. 2023)


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What is Games Workshop Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Games Workshop Group's Operating Income for the six months ended in Nov. 2023 was $117.5 Mil. Games Workshop Group's Revenue for the six months ended in Nov. 2023 was $308.1 Mil. Therefore, Games Workshop Group's Operating Margin % for the quarter that ended in Nov. 2023 was 38.15%.

Good Sign:

Games Workshop Group PLC operating margin is expanding. Margin expansion is usually a good sign.

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

GMWKF' s Operating Margin % Range Over the Past 10 Years
Min: 13.6   Med: 32.51   Max: 41.06
Current: 36.82


GMWKF's Operating Margin % is ranked better than
95.24% of 820 companies
in the Travel & Leisure industry
Industry Median: 8.285 vs GMWKF: 36.82

Games Workshop Group's 5-Year Average Operating Margin % Growth Rate was 3.20% per year.

Games Workshop Group's Operating Income for the six months ended in Nov. 2023 was $117.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2023 was $225.7 Mil.


Games Workshop Group Operating Margin % Historical Data

The historical data trend for Games Workshop Group'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.

Games Workshop Group Operating Margin % Chart

Games Workshop Group Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.64 33.37 41.06 37.87 36.15

Games Workshop Group Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 41.82 33.76 36.89 35.46 38.15

Competitive Comparison of Games Workshop Group's Operating Margin %

For the Leisure subindustry, Games Workshop Group'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.


Games Workshop Group's Operating Margin % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Games Workshop Group's Operating Margin % falls into.



Games Workshop Group 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.

Games Workshop Group's Operating Margin % for the fiscal year that ended in May. 2023 is calculated as

Operating Margin %=Operating Income (A: May. 2023 ) / Revenue (A: May. 2023 )
=212.484 / 587.765
=36.15 %

Games Workshop Group's Operating Margin % for the quarter that ended in Nov. 2023 is calculated as

Operating Margin %=Operating Income (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=117.537 / 308.085
=38.15 %

* 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.


Games Workshop Group  (OTCPK:GMWKF) 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.


Games Workshop Group Operating Margin % Related Terms

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


Games Workshop Group (Games Workshop Group) Business Description

Traded in Other Exchanges
Address
Willow Road, Lenton, Nottingham, GBR, NG7 2WS
Games Workshop Group PLC designs, manufactures and sells fantasy miniatures and games related products. It carries the manufacturing activity in the UK and sells the same in the different region of the countries such as Continental Europe, North America, and Asia Pacific. It operates through two segments Core and Licensing . The core segment includes all revenue and expenditure relating to the design, manufacture and sales of their fantasy miniatures and related products. The licensing segment includes all revenue and expenditure relating to licences granted to external partners. The company generates majority of its revenue from the core segment. The company offers more than 1000 products through there independent retail outlets in more than 50 countries.

Games Workshop Group (Games Workshop Group) Headlines

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