GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoubleDown Interactive Co Ltd (NAS:DDI) » Definitions » Operating Margin %

DoubleDown Interactive Co (DoubleDown Interactive Co) Operating Margin % : 42.84% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is DoubleDown Interactive Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. DoubleDown Interactive Co's Operating Income for the three months ended in Dec. 2023 was $35.6 Mil. DoubleDown Interactive Co's Revenue for the three months ended in Dec. 2023 was $83.1 Mil. Therefore, DoubleDown Interactive Co's Operating Margin % for the quarter that ended in Dec. 2023 was 42.84%.

Good Sign:

DoubleDown Interactive Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

DDI' s Operating Margin % Range Over the Past 10 Years
Min: 20.59   Med: 26.56   Max: 38.27
Current: 38.27


DDI's Operating Margin % is ranked better than
94.34% of 583 companies
in the Interactive Media industry
Industry Median: 1.23 vs DDI: 38.27

DoubleDown Interactive Co's 5-Year Average Operating Margin % Growth Rate was 11.60% per year.

DoubleDown Interactive Co's Operating Income for the three months ended in Dec. 2023 was $35.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $118.2 Mil.


DoubleDown Interactive Co Operating Margin % Historical Data

The historical data trend for DoubleDown Interactive Co'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.

DoubleDown Interactive Co Operating Margin % Chart

DoubleDown Interactive Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 24.96 24.78 28.15 30.46 38.27

DoubleDown Interactive Co 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 32.37 32.72 36.60 40.67 42.84

Competitive Comparison of DoubleDown Interactive Co's Operating Margin %

For the Electronic Gaming & Multimedia subindustry, DoubleDown Interactive Co'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.


DoubleDown Interactive Co's Operating Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DoubleDown Interactive Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where DoubleDown Interactive Co's Operating Margin % falls into.



DoubleDown Interactive Co 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.

DoubleDown Interactive Co'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 )
=118.191 / 308.864
=38.27 %

DoubleDown Interactive Co'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 )
=35.597 / 83.098
=42.84 %

* 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.


DoubleDown Interactive Co  (NAS:DDI) 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.


DoubleDown Interactive Co Operating Margin % Related Terms

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


DoubleDown Interactive Co (DoubleDown Interactive Co) Business Description

Traded in Other Exchanges
Address
152, Teheran-ro Gangnam-gu, Gangnam Finance Center, 13th Floor, Seoul, KOR, 06236
DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.