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Twin Vee PowerCats Co (Twin Vee PowerCats Co) Operating Margin % : -29.92% (As of Dec. 2023)


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What is Twin Vee PowerCats Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Twin Vee PowerCats Co's Operating Income for the three months ended in Dec. 2023 was $-2.53 Mil. Twin Vee PowerCats Co's Revenue for the three months ended in Dec. 2023 was $8.45 Mil. Therefore, Twin Vee PowerCats Co's Operating Margin % for the quarter that ended in Dec. 2023 was -29.92%.

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

VEEE' s Operating Margin % Range Over the Past 10 Years
Min: -32.07   Med: -6.48   Max: 6.52
Current: -31.98


VEEE's Operating Margin % is ranked worse than
93.68% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 5.075 vs VEEE: -31.98

Twin Vee PowerCats Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Twin Vee PowerCats Co's Operating Income for the three months ended in Dec. 2023 was $-2.53 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-10.72 Mil.


Twin Vee PowerCats Co Operating Margin % Historical Data

The historical data trend for Twin Vee PowerCats Co'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.

Twin Vee PowerCats Co Operating Margin % Chart

Twin Vee PowerCats Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
-1.54 6.52 -6.48 -17.71 -32.07

Twin Vee PowerCats Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -37.50 -26.70 -37.46 -34.41 -29.92

Competitive Comparison of Twin Vee PowerCats Co's Operating Margin %

For the Recreational Vehicles subindustry, Twin Vee PowerCats Co'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.


Twin Vee PowerCats Co's Operating Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Twin Vee PowerCats Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Twin Vee PowerCats Co's Operating Margin % falls into.



Twin Vee PowerCats Co 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.

Twin Vee PowerCats Co's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-10.72 / 33.426
=-32.07 %

Twin Vee PowerCats Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-2.527 / 8.445
=-29.92 %

* 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.


Twin Vee PowerCats Co  (NAS:VEEE) 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.


Twin Vee PowerCats Co Operating Margin % Related Terms

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


Twin Vee PowerCats Co (Twin Vee PowerCats Co) Business Description

Traded in Other Exchanges
N/A
Address
3101 South US-1, Fort Pierce, Florida, FL, USA, 34982
Twin Vee PowerCats Co is a designer, manufacturer, and marketer of recreational and commercial power catamaran boats to use for fishing, diving and water skiing and commercial activities including transportation, eco-tours, fishing, and diving expeditions. Its revenue is derived from the sale of boats, motors, and trailers to its independent dealers.
Executives
Kevin Schuyler director 1180 SEMINOLE TRAIL, SUITE 495, CHARLOTTESVILLE VA 22901
Bard D. Rockenbach director 3101 S. US-1, FT. PIERCE FL 34982
Carrie L. Gunnerson officer: Chief Financial Officer 5556 HIGHWAY 9, ARMSTRONG IA 50514
Steven A Shallcross director C/O ELYS GAME TECHNOLOGY CORP., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Joseph C Visconti director, 10 percent owner, officer: CEO and President 525 SOUTH FLAGLER DRIVE #400, WEST PALM BEACH FL 33401
Twin Vee Powercats, Inc. 10 percent owner 3101 SOUTH US HIGHWAY 1, FT PIERCE FL 34982
Neil Ross director 3101 S. US-1, FT. PIERCE FL 34982
Donna Barnett officer: Chief Financial Officer 3101 S. US-1, FT. PIERCE FL 34982
Preston Yarborough director, officer: Vice President 3101 S. US-1, FT. PIERCE FL 34981
James Henry Melvin director 3101 S. US-1, FT. PIERCE FL 34982
Daniel Norton officer: Chief Engineer 3101 S. US-1, FT. PIERCE FL 34982