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SPLPPA.PFD (Steel Partners Holdings LP) Operating Margin % : 16.50% (As of Jun. 2024)


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What is Steel Partners Holdings LP Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Steel Partners Holdings LP's Operating Income for the three months ended in Jun. 2024 was $87.95 Mil. Steel Partners Holdings LP's Revenue for the three months ended in Jun. 2024 was $533.16 Mil. Therefore, Steel Partners Holdings LP's Operating Margin % for the quarter that ended in Jun. 2024 was 16.50%.

Good Sign:

Steel Partners Holdings LP operating margin is expanding. Margin expansion is usually a good sign.

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

SPLPpA.PFD' s Operating Margin % Range Over the Past 10 Years
Min: 5.11   Med: 8.47   Max: 14.21
Current: 13.54


SPLPpA.PFD's Operating Margin % is ranked better than
77.04% of 527 companies
in the Conglomerates industry
Industry Median: 5.7 vs SPLPpA.PFD: 13.54

Steel Partners Holdings LP's 5-Year Average Operating Margin % Growth Rate was 13.90% per year.

Steel Partners Holdings LP's Operating Income for the three months ended in Jun. 2024 was $87.95 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was $266.47 Mil.


Steel Partners Holdings LP Operating Margin % Historical Data

The historical data trend for Steel Partners Holdings LP'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.

Steel Partners Holdings LP Operating Margin % Chart

Steel Partners Holdings LP 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 8.59 10.53 14.21 11.32 12.89

Steel Partners Holdings LP Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.37 9.56 13.99 13.89 16.50

Competitive Comparison of Steel Partners Holdings LP's Operating Margin %

For the Conglomerates subindustry, Steel Partners Holdings LP'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.


Steel Partners Holdings LP's Operating Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Operating Margin % distribution charts can be found below:

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



Steel Partners Holdings LP 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.

Steel Partners Holdings LP'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 )
=245.656 / 1905.457
=12.89 %

Steel Partners Holdings LP's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=87.945 / 533.159
=16.50 %

* 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.


Steel Partners Holdings LP  (NYSE:SPLPpA.PFD) 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.


Steel Partners Holdings LP Operating Margin % Related Terms

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


Steel Partners Holdings LP Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. It operates in various segments including the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and metallized films and packaging businesses; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in a full range of banking activities.
Executives
Ryan O'herrin officer: Chief Financial Officer 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022-8547
Joseph Richards Martin officer: See Remarks C/O LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Gary Tankard officer: Chief Accounting Officer C/O STEEL PARTNERS HOLDINGS LP, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jason Wong officer: Chief Financial Officer 590 MADISON AVENUE, FLOOR 32, C/O STEEL PARTNERS HOLDINGS LP, NEW YORK NY 10022
Gordon A. Walker officer: Senior Vice President KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Lon Rosen director 120 S. CARMELINA AVE., LOS ANGELES CA 90049
Rory H. Tahari director 510 FIFTH AVENUE, NEW YORK NY 10036
James Iii Benenson director C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Eric P. Karros director C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Emh Howard Llc other: See Footnote 1 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Fejes William Theodore Jr officer: President, Steel Services, Ltd 440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201
Douglas Woodworth officer: Chief Financial Officer STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Spv-i Llc other: See Explanation of Responses 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners, Ltd. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wgl Capital Corp. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022