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Hibbett (Hibbett) Operating Margin %

: 8.70% (As of Jan. 2024)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Hibbett's Operating Income for the three months ended in Jan. 2024 was $41 Mil. Hibbett's Revenue for the three months ended in Jan. 2024 was $467 Mil. Therefore, Hibbett's Operating Margin % for the quarter that ended in Jan. 2024 was 8.70%.

Good Sign:

Hibbett Inc operating margin is expanding. Margin expansion is usually a good sign.

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

HIBB' s Operating Margin % Range Over the Past 10 Years
Min: 3.05   Med: 9.09   Max: 13.49
Current: 7.93


HIBB's Operating Margin % is ranked better than
70.98% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 3.485 vs HIBB: 7.93

Hibbett's 5-Year Average Operating Margin % Growth Rate was 24.90% per year.

Hibbett's Operating Income for the three months ended in Jan. 2024 was $41 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $137 Mil.


Hibbett Operating Margin % Historical Data

The historical data trend for Hibbett'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.

Hibbett Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.05 8.32 13.49 9.86 7.93

Hibbett Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 11.06 10.08 4.27 7.98 8.70

Competitive Comparison

For the Apparel Retail subindustry, Hibbett'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.


Hibbett Operating Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Hibbett's Operating Margin % distribution charts can be found below:

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



Hibbett 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.

Hibbett's Operating Margin % for the fiscal year that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=137.021 / 1728.887
=7.93 %

Hibbett's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=40.608 / 466.59
=8.70 %

* 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.


Hibbett  (NAS:HIBB) 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.


Hibbett Operating Margin % Related Terms

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


Hibbett (Hibbett) Business Description

Traded in Other Exchanges
Address
2700 Milan Court, Birmingham, AL, USA, 35211
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
Executives
William G Quinn officer: SVP Digital Commerce 2700 MILAN COURT, BIRMINGHAM AL 35211
Ronald P Blahnik officer: SVP and CIO 2700 MILAN COURT, BIRMINGHAM AL 35211
Mark Anthony Gunn officer: SVP, CHRO 2700 MILAN COURT, BIRMINGHAM AL 35211
David Mitchell Benck officer: SVP General Counsel 2700 MILAN COURT, BIRMINGHAM AL 35211
James A Hilt director 1 EXPRESS DRIVE, COLUMBUS OH 43230
Dorlisa K Flur director POST OFFICE BOX 1017, CHARLOTTE NC 28201-1017
Pamela J Edwards director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ramesh Chikkala director 2700 MILAN COURT, BIRMINGHAM AL 35211
Jonalin S. Smith other: SVP Merchandising 2700 MILAN COURT, BIRMINGHAM AL 35211
Michael C. Mcabee other: SVP Supply Chain, Store Dev 2700 MILAN COURT, BIRMINGHAM AL 35211
Anthony F Crudele director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Michael E Longo director, officer: President and CEO
Alton E Yother director
Benjamin Ashley Knighten officer: SVP Operations 2700 MILAN COURT, BIRMINGHAM AL 35211
Linda Hubbard director 2700 MILAN COURT, BIRMINGHAM AL 35211