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Tureks Turizm Tasimacilik AS (IST:TUREX) Operating Margin % : 17.24% (As of Dec. 2023)


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What is Tureks Turizm Tasimacilik AS Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Tureks Turizm Tasimacilik AS's Operating Income for the six months ended in Dec. 2023 was ₺572 Mil. Tureks Turizm Tasimacilik AS's Revenue for the six months ended in Dec. 2023 was ₺3,315 Mil. Therefore, Tureks Turizm Tasimacilik AS's Operating Margin % for the quarter that ended in Dec. 2023 was 17.24%.

Good Sign:

Tureks Turizm Tasimacilik AS operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Tureks Turizm Tasimacilik AS's Operating Margin % or its related term are showing as below:

IST:TUREX' s Operating Margin % Range Over the Past 10 Years
Min: 10.14   Med: 15.03   Max: 17.58
Current: 17.24


IST:TUREX's Operating Margin % is ranked better than
75% of 992 companies
in the Transportation industry
Industry Median: 7.955 vs IST:TUREX: 17.24

Tureks Turizm Tasimacilik AS's 5-Year Average Operating Margin % Growth Rate was 4.50% per year.

Tureks Turizm Tasimacilik AS's Operating Income for the six months ended in Dec. 2023 was ₺572 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₺572 Mil.


Tureks Turizm Tasimacilik AS Operating Margin % Historical Data

The historical data trend for Tureks Turizm Tasimacilik AS'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.

Tureks Turizm Tasimacilik AS Operating Margin % Chart

Tureks Turizm Tasimacilik AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 16.95 17.58 12.45 13.10 17.24

Tureks Turizm Tasimacilik AS Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin % Get a 7-Day Free Trial 16.95 17.58 12.45 13.10 17.24

Competitive Comparison of Tureks Turizm Tasimacilik AS's Operating Margin %

For the Railroads subindustry, Tureks Turizm Tasimacilik AS'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.


Tureks Turizm Tasimacilik AS's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tureks Turizm Tasimacilik AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Tureks Turizm Tasimacilik AS's Operating Margin % falls into.


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Tureks Turizm Tasimacilik AS 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.

Tureks Turizm Tasimacilik AS'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 )
=571.578 / 3314.67
=17.24 %

Tureks Turizm Tasimacilik AS'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 )
=571.578 / 3314.67
=17.24 %

* 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.


Tureks Turizm Tasimacilik AS  (IST:TUREX) 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.


Tureks Turizm Tasimacilik AS Operating Margin % Related Terms

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Tureks Turizm Tasimacilik AS Business Description

Traded in Other Exchanges
N/A
Address
Zafer Mahallesi 139, Sokak No:1 Esenyurt, Istanbul, TUR
Tureks Turizm Tasimacilik AS offers transport services to the prominent public and private establishments of Turkey in the field of tourism, personnel, and student transportation with its professional management, expert driver staff, and strong technological infrastructure, on the basis of the principle of permanent development.

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