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Eightco Holdings (Eightco Holdings) Operating Margin % : -7.43% (As of Dec. 2023)


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What is Eightco Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Eightco Holdings's Operating Income for the three months ended in Dec. 2023 was $-1.15 Mil. Eightco Holdings's Revenue for the three months ended in Dec. 2023 was $15.53 Mil. Therefore, Eightco Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -7.43%.

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

OCTO' s Operating Margin % Range Over the Past 10 Years
Min: -44.65   Med: -7.95   Max: -4.33
Current: -10.42


OCTO's Operating Margin % is ranked worse than
93.75% of 384 companies
in the Packaging & Containers industry
Industry Median: 5.995 vs OCTO: -10.42

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

Eightco Holdings's Operating Income for the three months ended in Dec. 2023 was $-1.15 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.84 Mil.

Warning Sign:

Eightco Holdings Inc had lost money in 92% of the time over the past 12quarters.


Eightco Holdings Operating Margin % Historical Data

The historical data trend for Eightco Holdings'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.

Eightco Holdings Operating Margin % Chart

Eightco Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Margin %
-4.33 -5.47 -44.65 -10.42

Eightco Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.69 -22.22 -12.03 -2.95 -7.43

Competitive Comparison of Eightco Holdings's Operating Margin %

For the Packaging & Containers subindustry, Eightco Holdings'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.


Eightco Holdings's Operating Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Eightco Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Eightco Holdings's Operating Margin % falls into.



Eightco Holdings 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.

Eightco Holdings'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 )
=-7.843 / 75.297
=-10.42 %

Eightco Holdings'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 )
=-1.154 / 15.526
=-7.43 %

* 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.


Eightco Holdings  (NAS:OCTO) 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.


Eightco Holdings Operating Margin % Related Terms

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Eightco Holdings (Eightco Holdings) Business Description

Traded in Other Exchanges
N/A
Address
200 9th Avenue North, Suite 220, Safety Harbor, FL, USA, 34695
Eightco Holdings Inc is committed to growth focused around its existing subsidiaries, Forever 8, an inventory management platform for e-commerce sellers, and Ferguson Containers, a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment. In addition, the company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions.
Executives
Brian Mcfadden director, officer: President and CEO 855 BAYWAY BLVD, CLEARWATER BEACH FL 33767
Louis Foreman director 520 ELLIOT STREET, CHARLOTTE NC 28202
Frank D Jennings director 1739 SAILMAKER STREET, CHARLESTON SC 29492
Vroman Brett Earl James officer: Chief Financial Officer C/O EDISON NATION, INC., 909 NEW BRUNSWICK AVENUE, PHILLIPSBURG NJ 08865
Kevin J O'donnell director, officer: Chairman 91 OAKLEIGH LANE, MAITLAND FL 32751
Vinco Ventures, Inc. 10 percent owner C/O INCORP SERVICES, 3773 HOWARD HUGHES PKWY. STE 500S, LAS VEGAS NV 89169
Mary Ann Halford director 12 BRIARBROOK DRIVE, BRIARCLIFF MANOR NY 10510