GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Berry Corp (bry) (NAS:BRY) » Definitions » Operating Margin %

Berry (bry) (Berry (bry)) Operating Margin %

: 16.48% (As of Dec. 2023)
View and export this data going back to 2017. Start your Free Trial

Operating Margin % is calculated as Operating Income divided by its Revenue. Berry (bry)'s Operating Income for the three months ended in Dec. 2023 was $35.7 Mil. Berry (bry)'s Revenue for the three months ended in Dec. 2023 was $216.4 Mil. Therefore, Berry (bry)'s Operating Margin % for the quarter that ended in Dec. 2023 was 16.48%.

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

BRY' s Operating Margin % Range Over the Past 10 Years
Min: -24.07   Med: 19.38   Max: 33.68
Current: 9.36


BRY's Operating Margin % is ranked better than
52.26% of 974 companies
in the Oil & Gas industry
Industry Median: 8.155 vs BRY: 9.36

Berry (bry)'s 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Berry (bry)'s Operating Income for the three months ended in Dec. 2023 was $35.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $80.8 Mil.


Berry (bry) Operating Margin % Historical Data

The historical data trend for Berry (bry)'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.

Berry (bry) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only 23.03 -15.63 19.38 27.20 9.36

Berry (bry) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.36 -18.46 18.90 20.57 16.48

Competitive Comparison

For the Oil & Gas E&P subindustry, Berry (bry)'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.


Berry (bry) Operating Margin % Distribution

For the Oil & Gas industry and Energy sector, Berry (bry)'s Operating Margin % distribution charts can be found below:

* The bar in red indicates where Berry (bry)'s Operating Margin % falls into.



Berry (bry) 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.

Berry (bry)'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 )
=80.792 / 863.454
=9.36 %

Berry (bry)'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 )
=35.669 / 216.409
=16.48 %

* 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.


Berry (bry)  (NAS:BRY) 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.


Berry (bry) Operating Margin % Related Terms

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


Berry (bry) (Berry (bry)) Business Description

Traded in Other Exchanges
Address
16000 Dallas Parkway, Suite 500, Dallas, TX, USA, 75248
Berry Corp (bry) is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Its operating segment includes Exploration and Production (E&P) and Well Servicing and Abandonment. The company generates maximum revenue from the Exploration and Production (E&P) segment.
Executives
Danielle E. Hunter officer: EVP, Gen Counsel & Corp Sec 3990 ROGERDALE RD., HOUSTON TX 77042
Arthur T. Smith director, officer: See Remarks 5201 TRUXTUN AVE., BAKERSFIELD CA 93309
Rajath Shourie director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp director, 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Value Opportunities Fund Gp, L.p. director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Benefit Street Partners Llc director, 10 percent owner 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Oaktree Capital Management Gp, Llc 10 percent owner 333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Atlas Ocm Holdings, Llc 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Renee J Hornbaker director 200 S. WILCOX DRIVE, KINGSPORT TN 37660-5280
Fernando Araujo officer: EVP & Chief Operating Officer 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Kurt E. Neher officer: EVP, Business Development 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Megan E. Silva officer: EVP of Corporate Affairs 16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Eugene Voiland director 5201 TRUXTUN AVE., BAKERSFIELD CA 93309

Berry (bry) (Berry (bry)) Headlines

From GuruFocus

Howard Marks' Oaktree Sells More Berry Stock

By Sydnee Gatewood 10-13-2022