GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Renaissance Services SAOG (MUS:RNSS) » Definitions » Operating Margin %

Renaissance ServicesOG (MUS:RNSS) Operating Margin % : 12.25% (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Renaissance ServicesOG Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Renaissance ServicesOG's Operating Income for the three months ended in Mar. 2024 was ر.ع3.1 Mil. Renaissance ServicesOG's Revenue for the three months ended in Mar. 2024 was ر.ع25.5 Mil. Therefore, Renaissance ServicesOG's Operating Margin % for the quarter that ended in Mar. 2024 was 12.25%.

Good Sign:

Renaissance Services SAOG operating margin is expanding. Margin expansion is usually a good sign.

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

MUS:RNSS' s Operating Margin % Range Over the Past 10 Years
Min: 9.23   Med: 13.59   Max: 25.25
Current: 14.16


MUS:RNSS's Operating Margin % is ranked better than
78.02% of 1060 companies
in the Business Services industry
Industry Median: 6.12 vs MUS:RNSS: 14.16

Renaissance ServicesOG's 5-Year Average Operating Margin % Growth Rate was 7.50% per year.

Renaissance ServicesOG's Operating Income for the three months ended in Mar. 2024 was ر.ع3.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ر.ع14.5 Mil.


Renaissance ServicesOG Operating Margin % Historical Data

The historical data trend for Renaissance ServicesOG'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.

Renaissance ServicesOG Operating Margin % Chart

Renaissance ServicesOG 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 12.17 12.98 14.19 12.85 14.52

Renaissance ServicesOG 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 13.76 12.20 13.42 18.54 12.25

Competitive Comparison of Renaissance ServicesOG's Operating Margin %

For the Specialty Business Services subindustry, Renaissance ServicesOG'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.


Renaissance ServicesOG's Operating Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Renaissance ServicesOG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Renaissance ServicesOG's Operating Margin % falls into.



Renaissance ServicesOG 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.

Renaissance ServicesOG'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 )
=15.086 / 103.886
=14.52 %

Renaissance ServicesOG'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 )
=3.124 / 25.495
=12.25 %

* 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.


Renaissance ServicesOG  (MUS:RNSS) 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.


Renaissance ServicesOG Operating Margin % Related Terms

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


Renaissance ServicesOG (MUS:RNSS) Business Description

Traded in Other Exchanges
N/A
Address
Renaissance House, P.O. Box 1676, Muttrah, OMN, 114
Renaissance Services SAOG provides vessel chartering, contract, accommodation, and integrated facilities management services to the oil and gas industry. Its segments include contract services which consist of contract services, accommodation solutions, and integrated facilities management (IFM) services. Geographically, it derives most of its revenue from Oman.

Renaissance ServicesOG (MUS:RNSS) Headlines

No Headlines