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LeMaitre Vascular Operating Margin %

: 23.65% (As of Sep. 2021)
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Operating Margin % is calculated as Operating Income divided by its Revenue. LeMaitre Vascular's Operating Income for the three months ended in Sep. 2021 was $9.1 Mil. LeMaitre Vascular's Revenue for the three months ended in Sep. 2021 was $38.4 Mil. Therefore, LeMaitre Vascular's Operating Margin % for the quarter that ended in Sep. 2021 was 23.65%.

Good Sign:

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

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

NAS:LMAT' s Operating Margin % Range Over the Past 10 Years
Min: 7   Med: 16.15   Max: 24.71
Current: 24.71

7
24.71

NAS:LMAT's Operating Margin % is ranked higher than
86% of the 747 Companies
in the Medical Devices & Instruments industry.

( Industry Median: 2.67 vs. NAS:LMAT: 24.71 )

LeMaitre Vascular's 5-Year Average Operating Margin % Growth Rate was 6.00% per year.

LeMaitre Vascular's Operating Income for the three months ended in Sep. 2021 was $9.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2021 was $37.7 Mil.


LeMaitre Vascular Operating Margin % Historical Data

The historical data trend for LeMaitre Vascular'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.

LeMaitre Vascular Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.32 20.92 19.64 18.07 21.89

LeMaitre Vascular Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 26.22 25.42 22.14 27.31 23.65

Competitive Comparison

For the Medical Instruments & Supplies subindustry, LeMaitre Vascular'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.

   

LeMaitre Vascular Operating Margin % Distribution

For the Medical Devices & Instruments industry and Healthcare sector, LeMaitre Vascular's Operating Margin % distribution charts can be found below:

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



LeMaitre Vascular 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.

LeMaitre Vascular'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 )
=28.318 / 129.366
=21.89 %

LeMaitre Vascular's Operating Margin % for the quarter that ended in Sep. 2021 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=9.073 / 38.368
=23.65 %

* 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.


LeMaitre Vascular  (NAS:LMAT) 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.


LeMaitre Vascular Operating Margin % Related Terms

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


LeMaitre Vascular Business Description

LeMaitre Vascular logo
Industry
Traded in Other Exchanges
Address
63 Second Avenue, Burlington, MA, USA, 01803
LeMaitre Vascular Inc manufactures and distributes medical devices for the treatment of peripheral vascular disease. Its products are primarily used during open vascular surgery and address several anatomical areas, such as the carotid, lower extremities, upper extremities, and aorta. The firm's lower extremities product line contributes the largest proportion of revenue, followed by the carotid product line. LeMaitre's surgical devices include angioscopes, balloon catheters, carotid shunts, phlebectomy devices, vascular grafts, vascular patches, and vessel closure systems. LeMaitre generates the majority of its revenue in the United States. Sales in Germany also contribute a significant proportion of total revenue.
Executives
Lemaitre George W director, 10 percent owner, officer: Chairman and CEO 342 BUNKER HILL STREET, #2B CHARLESTOWN MA 02129
Roberts David B director, officer: President and Director 55 BRADFORD STREET NEEDHAM MA 02492
Pellegrino Joseph P Jr director, officer: Chief Financial Officer 68 BEACON STREET BOSTON MA 02108
Kamke Trent G officer: Senior V. P., Operations 61 WILLOWDEAN AVENUE WEST ROXBURY MA 02132
Roush John A director C/O GSI GROUP INC. 125 MIDDLESEX TURNPIKE BEDFORD MA 01730-1409
Ross Bridget A director C/O HENRY SCHEIN, INC. 135 DURYEA ROAD MELVILLE NY 11747
Jasinski Lawrence J director SOTEIRA INC. 14 TECH CIRCLE NATICK MA 01760
Thomas Michael H director P.O. BOX 2207 NOKOMIS FL 34274-2207
Gebauer Peter R officer: President, International OP AM WALDFELD 17 BAD SODEN 2M 65812
Wijas Michael T officer: VP of Sales, The Americas C/O LEMAITRE VASCULAR, INC. 63 SECOND AVENUE BURLINGTON MA 01803
Lemaitre Cornelia W director 8 SUNSET ROCK ROAD ANDOVER MA 01810
Linden Robert V officer: Senior VP Sales, The Americas 236 WOODEN BRIDGE ROAD HOLLAND PA 18966
Hays Russell D director C/O BIOSOURCE INTERNATIONAL INC 542 FLYNN RD CAMARILLO CA 93012
Thorndike William N Jr director HOUSATONIC PARTNERS 800 BOYLSTON STREET, SUITE 2220 BOSTON MA 02199
Lemaitre George D director 8 SUNSET ROCK ROAD ANDOVER MA 01810

LeMaitre Vascular Headlines

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