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Sunworks (Sunworks) Operating Margin % : -35.43% (As of Sep. 2023)


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What is Sunworks Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Sunworks's Operating Income for the three months ended in Sep. 2023 was $-10.2 Mil. Sunworks's Revenue for the three months ended in Sep. 2023 was $28.7 Mil. Therefore, Sunworks's Operating Margin % for the quarter that ended in Sep. 2023 was -35.43%.

Warning Sign:

Sunworks Inc operating margin has been in a 5-year decline. The average rate of decline per year is -31%.

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

SUNWQ' s Operating Margin % Range Over the Past 10 Years
Min: -29.63   Med: -9.28   Max: 4.41
Current: -24.88


SUNWQ's Operating Margin % is ranked worse than
85.16% of 984 companies
in the Semiconductors industry
Industry Median: 4.425 vs SUNWQ: -24.88

Sunworks's 5-Year Average Operating Margin % Growth Rate was -31.00% per year.

Sunworks's Operating Income for the three months ended in Sep. 2023 was $-10.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-38.5 Mil.


Sunworks Operating Margin % Historical Data

The historical data trend for Sunworks'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.

Sunworks Operating Margin % Chart

Sunworks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.59 -13.94 -29.63 -23.49 -17.42

Sunworks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.27 -12.95 -26.56 -32.79 -35.43

Competitive Comparison of Sunworks's Operating Margin %

For the Solar subindustry, Sunworks'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.


Sunworks's Operating Margin % Distribution in the Semiconductors Industry

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

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



Sunworks 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.

Sunworks'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 )
=-28.209 / 161.935
=-17.42 %

Sunworks'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 )
=-10.168 / 28.696
=-35.43 %

* 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.


Sunworks  (OTCPK:SUNWQ) 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.


Sunworks Operating Margin % Related Terms

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


Sunworks (Sunworks) Business Description

Traded in Other Exchanges
Address
1555 Freedom Boulevard, Provo, UT, USA, 84604
Sunworks Inc provides photovoltaic (PV) and battery-based power and storage systems for the residential and commercial markets. Commercial projects include commercial, agricultural, industrial, and public works projects. It has three operating segments; Residential Solar offers design, arrangement to finance, integrate, install, and manage systems for residential homeowners, Commercial Solar offers design, arrangement to finance, integration, install, and manage systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems for larger commercial and public works projects, and Corporate segment includes general company oversight and management. The company derives a majority of its revenue from the residential solar segment.
Executives
Mark Trout officer: Group CEO of Solcius 1598 E. BOX ELDER DRIVE, ALPINE UT 84004
Jason Lee Bonfigt officer: Chief Financial Officer 3240 S. CENTRAL AVE., CICERO IL 60804
Gaylon Morris director, officer: Chief Executive Officer 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Mccullough Patrick Clement Jr. director 3858 WEST 12240 SOUTH, PAYSON UT 84651
Christopher Gardner Monahan officer: Chief Legal Officer 1555 FREEDOM BLVD 200 WEST, PROVO UT 84604
Jason Scott Knapp officer: President of Solcius 3858 WEST 12240 SOUTH, PAYSON UT 84651
Charles F Cargile director C/O SUNWORKS, INC., 1010 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Judith Ann Hall director C/O SUNWORKS, INC., 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Philip A. Radmilovic officer: Chief Financial Officer 3569 MINERS RAVINE DR., ROSEVILLE CA 95661
Stanley E Speer director 100 WILSHIRE BLVD, STE 1600, SANTA MONICA CA 90401
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Daniel Andrew Gross director C/0 SUNWORKS, INC, 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 34110
Abraham Richard Emard director 2690 TAYLOR ROAD, PENRYN CA 95663
Paul Clayton Mcdonnel officer: Chief Financial Officer ARROWHEAD RESEARCH CORPORATION, 201 SOUTH LAKE AVENUE, SUITE 703, PASADENA CA 91101
Slooten John Van director 1592 RED TREE COURT, DRAPER UT 84020