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United Parks & Resorts (United Parks & Resorts) Operating Margin % : 23.03% (As of Dec. 2023)


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What is United Parks & Resorts Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. United Parks & Resorts's Operating Income for the three months ended in Dec. 2023 was $90 Mil. United Parks & Resorts's Revenue for the three months ended in Dec. 2023 was $389 Mil. Therefore, United Parks & Resorts's Operating Margin % for the quarter that ended in Dec. 2023 was 23.03%.

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

PRKS' s Operating Margin % Range Over the Past 10 Years
Min: -55.31   Med: 12.53   Max: 29.32
Current: 26.68


PRKS's Operating Margin % is ranked better than
88.86% of 817 companies
in the Travel & Leisure industry
Industry Median: 8.29 vs PRKS: 26.68

United Parks & Resorts's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

United Parks & Resorts's Operating Income for the three months ended in Dec. 2023 was $90 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $461 Mil.


United Parks & Resorts Operating Margin % Historical Data

The historical data trend for United Parks & Resorts'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.

United Parks & Resorts Operating Margin % Chart

United Parks & Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.55 -55.31 28.83 29.32 26.68

United Parks & Resorts Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 26.08 4.01 31.47 37.05 23.03

Competitive Comparison of United Parks & Resorts's Operating Margin %

For the Leisure subindustry, United Parks & Resorts'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.


United Parks & Resorts's Operating Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, United Parks & Resorts's Operating Margin % distribution charts can be found below:

* The bar in red indicates where United Parks & Resorts's Operating Margin % falls into.



United Parks & Resorts 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.

United Parks & Resorts'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 )
=460.571 / 1726.587
=26.68 %

United Parks & Resorts'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 )
=89.569 / 388.965
=23.03 %

* 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.


United Parks & Resorts  (NYSE:PRKS) 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.


United Parks & Resorts Operating Margin % Related Terms

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


United Parks & Resorts (United Parks & Resorts) Business Description

Traded in Other Exchanges
N/A
Address
6240 Sea Harbor Drive, Orlando, FL, USA, 32821
SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.
Executives
Kyle Robert Miller officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Shekufeh Boyle officer: Chief Accounting Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Swanson Marc officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
George Anthony Taylor officer: See Remarks C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
William Gray director 355 MAPLE AVENUE, HARLEYSVILLE PA 19438
Byron Surrett officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher Dold officer: Chief Zoological Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Forrester James W Jr officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher L. Finazzo officer: Chief Commercial Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Michelle F Adams officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
James Clark Hughes officer: Chief Human Resources Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Daniel C Mayer officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Timothy Hartnett director 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Elizabeth Gulacsy officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Sharon P Nadeau officer: Chief Human Resources Officer 6240 SEA HARBOR DR, ORLANDO FL 32821