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Centerra Gold (Centerra Gold) Operating Margin % : 11.66% (As of Dec. 2023)


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What is Centerra Gold Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Centerra Gold's Operating Income for the three months ended in Dec. 2023 was $40 Mil. Centerra Gold's Revenue for the three months ended in Dec. 2023 was $340 Mil. Therefore, Centerra Gold's Operating Margin % for the quarter that ended in Dec. 2023 was 11.66%.

Warning Sign:

Centerra Gold Inc operating margin has been in a 5-year decline. The average rate of decline per year is -6.4%.

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

CGAU' s Operating Margin % Range Over the Past 10 Years
Min: 3.89   Med: 10.58   Max: 26.66
Current: 3.89


CGAU's Operating Margin % is ranked better than
55.53% of 859 companies
in the Metals & Mining industry
Industry Median: 1.99 vs CGAU: 3.89

Centerra Gold's 5-Year Average Operating Margin % Growth Rate was -6.40% per year.

Centerra Gold's Operating Income for the three months ended in Dec. 2023 was $40 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $43 Mil.


Centerra Gold Operating Margin % Historical Data

The historical data trend for Centerra Gold'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.

Centerra Gold Operating Margin % Chart

Centerra Gold 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 10.21 5.78 19.14 12.17 3.93

Centerra Gold 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 -10.09 -28.81 -16.93 29.04 11.66

Competitive Comparison of Centerra Gold's Operating Margin %

For the Gold subindustry, Centerra Gold'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.


Centerra Gold's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Centerra Gold's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Centerra Gold's Operating Margin % falls into.



Centerra Gold 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.

Centerra Gold'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 )
=42.979 / 1094.897
=3.93 %

Centerra Gold'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 )
=39.625 / 339.957
=11.66 %

* 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.


Centerra Gold  (NYSE:CGAU) 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.


Centerra Gold Operating Margin % Related Terms

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


Centerra Gold (Centerra Gold) Business Description

Traded in Other Exchanges
Address
1 University Avenue, Suite 1500, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.