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McCoy Global (McCoy Global) Operating Margin % : 7.05% (As of Mar. 2024)


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What is McCoy Global Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. McCoy Global's Operating Income for the three months ended in Mar. 2024 was $0.86 Mil. McCoy Global's Revenue for the three months ended in Mar. 2024 was $12.22 Mil. Therefore, McCoy Global's Operating Margin % for the quarter that ended in Mar. 2024 was 7.05%.

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

MCCRF' s Operating Margin % Range Over the Past 10 Years
Min: -77.34   Med: 0.21   Max: 16.22
Current: 11.2


MCCRF's Operating Margin % is ranked better than
58.19% of 971 companies
in the Oil & Gas industry
Industry Median: 7.69 vs MCCRF: 11.20

McCoy Global's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

McCoy Global's Operating Income for the three months ended in Mar. 2024 was $0.86 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $5.78 Mil.


McCoy Global Operating Margin % Historical Data

The historical data trend for McCoy Global'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.

McCoy Global Operating Margin % Chart

McCoy Global 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 3.34 -3.06 16.22 8.63 11.09

McCoy Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.69 11.20 15.69 10.84 7.05

Competitive Comparison of McCoy Global's Operating Margin %

For the Oil & Gas Equipment & Services subindustry, McCoy Global'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.


McCoy Global's Operating Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where McCoy Global's Operating Margin % falls into.



McCoy Global 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.

McCoy Global'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 )
=5.763 / 51.945
=11.09 %

McCoy Global's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.862 / 12.221
=7.05 %

* 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.


McCoy Global  (OTCPK:MCCRF) 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.


McCoy Global Operating Margin % Related Terms

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McCoy Global (McCoy Global) Business Description

Traded in Other Exchanges
Address
9910 39th Avenue NW, Suite 201, Edmonton, AB, CAN, T6E 5H8
McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts. Some of its products are specialized hydraulic power tongs, dies, and inserts, make or break torque equipment, and computerized torque turn monitoring systems.

McCoy Global (McCoy Global) Headlines

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