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Intevac (Intevac) Operating Margin % : -14.80% (As of Dec. 2023)


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What is Intevac Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Intevac's Operating Income for the three months ended in Dec. 2023 was $-1.91 Mil. Intevac's Revenue for the three months ended in Dec. 2023 was $12.91 Mil. Therefore, Intevac's Operating Margin % for the quarter that ended in Dec. 2023 was -14.80%.

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

IVAC' s Operating Margin % Range Over the Past 10 Years
Min: -58.34   Med: -14.49   Max: 4.1
Current: -25.15


IVAC's Operating Margin % is ranked worse than
92.39% of 2970 companies
in the Industrial Products industry
Industry Median: 6.985 vs IVAC: -25.15

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

Intevac's Operating Income for the three months ended in Dec. 2023 was $-1.91 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-13.24 Mil.


Intevac Operating Margin % Historical Data

The historical data trend for Intevac'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.

Intevac Operating Margin % Chart

Intevac 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 3.60 -17.03 -58.34 -46.17 -25.15

Intevac 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 -29.01 -38.59 -52.93 -7.97 -14.80

Competitive Comparison of Intevac's Operating Margin %

For the Specialty Industrial Machinery subindustry, Intevac'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.


Intevac's Operating Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Intevac's Operating Margin % distribution charts can be found below:

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



Intevac 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.

Intevac'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 )
=-13.244 / 52.665
=-25.15 %

Intevac'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 )
=-1.91 / 12.907
=-14.80 %

* 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.


Intevac  (NAS:IVAC) 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.


Intevac Operating Margin % Related Terms

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


Intevac (Intevac) Business Description

Traded in Other Exchanges
Address
3560 Bassett Street, Santa Clara, CA, USA, 95054
Intevac Inc designs and develops high-productivity, thin-film processing systems. The company's production-proven platforms are designed for high-volume manufacturing of substrates with precise thin-film properties, such as the hard disk drive, display cover panel. The Thin Film Equipment segment also previously designed, developed and marketed manufacturing equipment for the photovoltaic solar cell and semiconductor packaging industries. Geographically, majority of revenue is generated from Asia.
Executives
Kevin Soulsby officer: Chief Financial Officer, 3560 BASSETT STREET, SANTA CLARA CA 95054
Nigel Hunton director, officer: President and CEO 3560 BASSETT STREET, SANTA CLARA CA 95056
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
James P Moniz officer: Chief Financial Officer, 1383 E. CAMPBELL AVENUE, CAMPBELL CA 95008
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
David S Dury director C/O INTEVAC INC, 3560 BASSETT STREET, SANTA CLARA CA 95054
Kevin D Barber director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Dickinson Colin John officer: V.P. of Operations 3560 BASSETT STREET, SANTA CLARA CA 95054
Timothy Justyn officer: VP, Operations
Wendell Thomas Blonigan officer: President & CEO INTEVAC, INC., 3560 BASSETT STREET, SANTA CLARA CA 95054
Jay Cho officer: EVP & General Manager 3560 BASSETT STREET, SANTA CLARA CA 95054
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Stephen Jamison director 32 INDEPENDENCE ROAD, BEDFORD X1 01730
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Mark Popovich director 24 MACKENZIE LANE, COTO DE CAZA X1 92679

Intevac (Intevac) Headlines

From GuruFocus

Intevac Announces $54 Million Order for 200 Lean Systems

By Business Wire Business Wire 04-04-2022

Intevac Announces $11 Million Order for 200 Lean Systems

By Business Wire Business Wire 05-02-2022

Intevac Announces Participation in 25th Annual Needham Growth Conference

By Business Wire Business Wire 01-03-2023

Bleichroeder LP Buys 4, Sells 1 in 1st Quarter

By GuruFocus Research GuruFocus Editor 07-27-2022

Intevac to Announce Third Quarter Results on November 2nd

By Business Wire Business Wire 10-25-2022

John Dickinson to Join Intevac as Vice President of Operations

By Business Wire Business Wire 08-15-2022