GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FLIR Systems Inc (NAS:FLIR) » Definitions » Operating Margin %

FLIR Systems (FLIR Systems) Operating Margin % : 11.36% (As of Mar. 2021)


View and export this data going back to 1993. Start your Free Trial

What is FLIR Systems Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. FLIR Systems's Operating Income for the three months ended in Mar. 2021 was $53 Mil. FLIR Systems's Revenue for the three months ended in Mar. 2021 was $467 Mil. Therefore, FLIR Systems's Operating Margin % for the quarter that ended in Mar. 2021 was 11.36%.

Warning Sign:

FLIR Systems Inc operating margin has been in 5-year decline. The average rate of decline per year is -2.5%.

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

FLIR' s Operating Margin % Range Over the Past 10 Years
Min: 15.02   Med: 18.05   Max: 21.73
Current: 17.98


FLIR's Operating Margin % is not ranked
in the Hardware industry.
Industry Median: 3.67 vs FLIR: 17.98

FLIR Systems's 5-Year Average Operating Margin % Growth Rate was -2.50% per year.

FLIR Systems's Operating Income for the three months ended in Mar. 2021 was $53 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2021 was $352 Mil.


FLIR Systems Operating Margin % Historical Data

The historical data trend for FLIR Systems'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.

FLIR Systems Operating Margin % Chart

FLIR Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.88 17.45 18.99 15.02 18.08

FLIR Systems Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 10.93 22.30 18.63 19.85 11.36

Competitive Comparison of FLIR Systems's Operating Margin %

For the Scientific & Technical Instruments subindustry, FLIR Systems'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.


FLIR Systems's Operating Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FLIR Systems's Operating Margin % distribution charts can be found below:

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



FLIR Systems 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.

FLIR Systems's Operating Margin % for the fiscal year that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=347.717 / 1923.689
=18.08 %

FLIR Systems's Operating Margin % for the quarter that ended in Mar. 2021 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=53.084 / 467.313
=11.36 %

* 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.


FLIR Systems  (NAS:FLIR) 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.


FLIR Systems Operating Margin % Related Terms

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


FLIR Systems (FLIR Systems) Business Description

Traded in Other Exchanges
N/A
Address
27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.
Executives
John D Carter director 17575 LITTLE RIVER DRIVE, BEND OR 97707
James J Cannon officer: President and CEO 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Sonia Galindo officer: Sr VP, General Counsel and Sec C/O ROSETTA STONE, 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Travis Barton Johnson officer: VP, Controller & CAO 41789 IVY GLEN COURT, ASHBURN VA 20148
Paula M. Cooney officer: SVP and CHRO 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
William Wright Crouch director 27700 SW PARKWAY AVENUE WILSONVILLE OR 97070
Carol P Lowe officer: Exec VP, Finance and CFO 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Angus L Macdonald director 27700 SW PARKWAY AVENUE WILSONVILLE OR 97070
Earl R Lewis director C/O NXSTAGE MEDICAL INC. (NXTM), 439 SOUTH UNION STREET, 5TH FLOOR, LAWRENCE MA 01843
Jeffrey Frank officer: Sr VP, Global Product Strategy 27700 SW PARKWAY AVE WILSONVILLE OR 97070
Wood John W Jr director C/O ANALOGIC, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Cathy A Stauffer director
Robert S Tyrer director EDO CORP 60 EAST 42ND STR 42ND FL NEW YORK NY 10165
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431

FLIR Systems (FLIR Systems) Headlines

From GuruFocus

FLIR Systems Stock Is Estimated To Be Fairly Valued

By GF Value GF Value 05-11-2021