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SilverSun Technologies (SilverSun Technologies) Operating Margin % : 2.86% (As of Dec. 2023)


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What is SilverSun Technologies Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. SilverSun Technologies's Operating Income for the three months ended in Dec. 2023 was $0.42 Mil. SilverSun Technologies's Revenue for the three months ended in Dec. 2023 was $14.71 Mil. Therefore, SilverSun Technologies's Operating Margin % for the quarter that ended in Dec. 2023 was 2.86%.

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

SSNT' s Operating Margin % Range Over the Past 10 Years
Min: -4.34   Med: 0.92   Max: 3.71
Current: 3.07


SSNT's Operating Margin % is ranked worse than
50.38% of 2753 companies
in the Software industry
Industry Median: 3.2 vs SSNT: 3.07

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

SilverSun Technologies's Operating Income for the three months ended in Dec. 2023 was $0.42 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1.67 Mil.


SilverSun Technologies Operating Margin % Historical Data

The historical data trend for SilverSun Technologies'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.

SilverSun Technologies Operating Margin % Chart

SilverSun Technologies 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 -4.34 0.54 -0.55 -0.86 3.07

SilverSun Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.36 2.82 3.44 3.18 2.86

Competitive Comparison of SilverSun Technologies's Operating Margin %

For the Software - Application subindustry, SilverSun Technologies'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.


SilverSun Technologies's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, SilverSun Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SilverSun Technologies's Operating Margin % falls into.



SilverSun Technologies 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.

SilverSun Technologies'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 )
=1.674 / 54.517
=3.07 %

SilverSun Technologies'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 )
=0.421 / 14.709
=2.86 %

* 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.


SilverSun Technologies  (NAS:SSNT) 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.


SilverSun Technologies Operating Margin % Related Terms

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


SilverSun Technologies (SilverSun Technologies) Business Description

Traded in Other Exchanges
N/A
Address
120 Eagle Rock Avenue, East Hanover, NJ, USA, 07936
SilverSun Technologies Inc is a business application, technology, and consulting company. It is engaged in providing strategies and solutions to meet information, technology and business management needs. Its services and technologies enable customers to manage, protect and monetize their enterprise assets in the cloud. It offers solutions for accounting and business management, financial reporting, enterprise resource planning (ERP), warehouse management systems (WMS), customer relationship management (CRM) and business intelligence (BI). The company has a network services practice, which provides managed services, hosting, business continuity, cloud, e-mail, and Web services.
Executives
Stanley Wunderlich director
John D. Schachtel director 979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Joseph P Macaluso director
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Ault Milton C Iii 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jeffrey D Roth 10 percent owner 202 VIERA DRIVE, CEDAR KNOLLS NJ 07927-2402
Christine Elizabeth Dye officer: Chief Financial Officer 120 EAGLE ROCK AVE., SUITE 330, EAST HANOVER NJ 07936
Crandall Iii Melvin officer: Chief Financial Officer 5 REGENT ST #520, LIVINGSTON NJ 07039
John Rudy director C/O ADSTAR INC., 4553 GLENCOE AVENUE SUITE 325, MARINA DEL REY CA 90292
Mark Meller director, 10 percent owner, officer: President and CEO C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039
Jerome R Mahoney director, 10 percent owner, officer: President, Secretary and CEO C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747