GURUFOCUS.COM » STOCK LIST » Technology » Software » Concentrix Corp (NAS:CNXC) » Definitions » Operating Margin %
中文

Concentrix (Concentrix) Operating Margin % : 6.18% (As of Feb. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Concentrix Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Concentrix's Operating Income for the three months ended in Feb. 2024 was $148 Mil. Concentrix's Revenue for the three months ended in Feb. 2024 was $2,403 Mil. Therefore, Concentrix's Operating Margin % for the quarter that ended in Feb. 2024 was 6.18%.

Good Sign:

Concentrix Corp operating margin is expanding. Margin expansion is usually a good sign.

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

CNXC' s Operating Margin % Range Over the Past 10 Years
Min: 5.76   Med: 6.54   Max: 10.25
Current: 8.3


CNXC's Operating Margin % is ranked better than
65.81% of 2758 companies
in the Software industry
Industry Median: 3.07 vs CNXC: 8.30

Concentrix's 5-Year Average Operating Margin % Growth Rate was 12.70% per year.

Concentrix's Operating Income for the three months ended in Feb. 2024 was $148 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2024 was $654 Mil.


Concentrix Operating Margin % Historical Data

The historical data trend for Concentrix'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.

Concentrix Operating Margin % Chart

Concentrix Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Operating Margin %
Get a 7-Day Free Trial 6.25 6.54 10.25 10.12 9.30

Concentrix Quarterly Data
Nov18 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 9.54 10.07 9.94 8.09 6.18

Competitive Comparison of Concentrix's Operating Margin %

For the Information Technology Services subindustry, Concentrix'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.


Concentrix's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Concentrix's Operating Margin % distribution charts can be found below:

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



Concentrix 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.

Concentrix's Operating Margin % for the fiscal year that ended in Nov. 2023 is calculated as

Operating Margin %=Operating Income (A: Nov. 2023 ) / Revenue (A: Nov. 2023 )
=661.327 / 7114.706
=9.30 %

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

Operating Margin %=Operating Income (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=148.439 / 2402.748
=6.18 %

* 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.


Concentrix  (NAS:CNXC) 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.


Concentrix Operating Margin % Related Terms

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


Concentrix (Concentrix) Business Description

Traded in Other Exchanges
Address
39899 Balentine Drive, Newark, CA, USA, 94560
Concentrix Corp is a technology-enabled company specialized in customer engagement and customer management. The company provides end-to-end solutions that facilitate communication between clients and their customers, provide analytics and process optimization, and support client-centric operations and back-office processing across the enterprise. The solutions are provided in four complementary areas: Customer Lifecycle Management; CX/UX Strategy and Design; Digital Transformation; and VOC and Analytics. Also, the company provides insurance solutions, marketing solutions, and automation solutions.
Executives
Jane Fogarty officer: EVP, Legal 39899 BALENTINE DRIVE, SUITE 235, NEWARK CA 94560
Dennis Polk director 44201 NOBEL DRIVE, FREMONT CA 94538
Christopher A Caldwell director, officer: President and CEO 39899 BALENTINE DRIVE, SUITE 235, NEWARK CA 94560
Olivier Duha director 39899 BALENTINE DRIVE, STE 235, NEWARK CA 94560
Vi Sa Finpar 10 percent owner AVENUE MARNIX 24, BRUSSELS C9 1000
Sapiens S.a R.l. 10 percent owner 19-21, ROUTE D'ARLON, STRASSEN N4 L-8009
Gbl Verwaltung S.a. 10 percent owner 19-21, ROUTE D'ARLON, STRASSEN N4 L-8009
V Sa Finpar 10 percent owner AVENUE MARNIX 24, BRUSSELS C9 1000
Nicolas Gheysens director C/O GBL VERWALTUNG S.A., 19-21, ROUTE D'ARLON, STRASSUN N4 L-8009
Bruxelles Lambert Groupe 10 percent owner 24 AVENUE MARNIX, BRUSSELS C9 1000
Kathryn Hayley director C/O AON CORPORATION, LAW DEPT, 200 EAST RANDOLPH STREET, 8TH FLOOR, CHICAGO IL 60601
Twomey Cormac J officer: EVP, Global Ops & Delivery 201 EAST FOURTH STREET, CONVERGYS CORPORATION, CINCINNATI OH 45202
Peer Developments Ltd 10 percent owner 4TH FLOOR, NO. 75, SEC. 3,, MING-SHENG E. ROAD,, TAIPEI F5 00000
Matthew Miau 10 percent owner 44201 NOBEL DRIVE, FREMONT CA 94538
Silver Star Developments Ltd 10 percent owner NO 200 WEN HWA 2ND RD, KUEI SHAN HSIANG, TAOYUAN F5 00000