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Rover Group (Rover Group) Operating Margin % : 12.65% (As of Sep. 2023)


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What is Rover Group Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Rover Group's Operating Income for the three months ended in Sep. 2023 was $8.4 Mil. Rover Group's Revenue for the three months ended in Sep. 2023 was $66.2 Mil. Therefore, Rover Group's Operating Margin % for the quarter that ended in Sep. 2023 was 12.65%.

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

ROVR' s Operating Margin % Range Over the Past 10 Years
Min: -108.62   Med: -36.83   Max: 2.4
Current: 2.4


ROVR's Operating Margin % is not ranked
in the Interactive Media industry.
Industry Median: 1.21 vs ROVR: 2.40

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

Rover Group's Operating Income for the three months ended in Sep. 2023 was $8.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $5.2 Mil.


Rover Group Operating Margin % Historical Data

The historical data trend for Rover Group'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.

Rover Group Operating Margin % Chart

Rover Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Operating Margin %
-56.47 -108.62 -15.62 -17.19

Rover Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -31.68 5.27 -17.42 2.20 12.65

Competitive Comparison of Rover Group's Operating Margin %

For the Internet Content & Information subindustry, Rover Group'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.


Rover Group's Operating Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rover Group's Operating Margin % distribution charts can be found below:

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



Rover Group 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.

Rover Group's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-29.917 / 174.01
=-17.19 %

Rover Group's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=8.375 / 66.203
=12.65 %

* 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.


Rover Group  (NAS:ROVR) 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.


Rover Group Operating Margin % Related Terms

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


Rover Group (Rover Group) Business Description

Traded in Other Exchanges
N/A
Address
720 Olive Way, 19th Floor, Seattle, WA, USA, 98101
Rover Group Inc is an online marketplace for pet care based on gross booking value. The company connects pet parents with pet care providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, including doggy daycare, dog walking, and drop-in visits. The user-based platform extends across the U.S., Canada, the U.K., Spain, France, Norway, Sweden, Netherlands, Italy and Germany. For pet care providers, the company built tools to easily create a listing in the marketplace along with simple tools for scheduling and booking care, communicating with pet parents, and receiving payment. The company generates revenue from facilitating the connection between pet care providers and pet parents.
Executives
Brenton R. Turner officer: Chief Operating Officer C/O ROVER GROUP, INC., 720 OLIVE WAY, 19TH FLOOR, SEATTLE WA 98101
Aaron Easterly director, officer: PRESIDENT C/O ROVER GROUP, INC., 720 OLIVE WAY, 19TH FLOOR, SEATTLE WA 98101
Charles Wickers officer: Chief Financial Officer C/O ROVER GROUP, INC., 720 OLIVE WAY, 19TH FLOOR, SEATTLE WA 98101
Foundry Group Next, L.p. 10 percent owner C/O FOUNDRY GROUP, 1050 WALNUT STREET, SUITE 219, BOULDER CO 80302
Erik Prusch director C/O CLEARWIRE CORPORATION, 4400 CARILLON POINT, KIRKLAND WA 98033
Jamie Cohen director C/O VACASA, INC., 850 NW 13TH AVENUE, PORTLAND OR 097209
Tracy Knox officer: Chief Financial Officer 5808 LAKE WASHINGTON BLVD. NE, SUITE 300, KIRKLAND WA 98033
Madrona Venture Fund Iv-a, Lp 10 percent owner 999 THIRD AVE, SUITE 3400, SEATTLE WA 98104
Venky Ganesan director C/O PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95954
Susan C Athey director C/O EXPEDIA, INC., 333 108TH AVE NE, BELLEVUE WA 98004
Scott Jacobson director 2101 FOURTH AVENUE, 4TH FLOOR, SEATTLE WA 98121
Msop Gp, L.l.c. 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Menlo Special Opportunities Fund, L.p. 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
L.p. Mmsop, 10 percent owner 2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Mv Management Xi, L.l.c. 10 percent owner 1300 EL CAMINO REAL, SUITE 150, MENLO PARK CA 94025