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Stevanato Group SPA (Stevanato Group SPA) Operating Margin % : 19.97% (As of Dec. 2023)


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What is Stevanato Group SPA Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Stevanato Group SPA's Operating Income for the three months ended in Dec. 2023 was $70 Mil. Stevanato Group SPA's Revenue for the three months ended in Dec. 2023 was $350 Mil. Therefore, Stevanato Group SPA's Operating Margin % for the quarter that ended in Dec. 2023 was 19.97%.

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

STVN' s Operating Margin % Range Over the Past 10 Years
Min: 11.6   Med: 18.49   Max: 19.56
Current: 18.5


STVN's Operating Margin % is ranked better than
83.93% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: 1.33 vs STVN: 18.50

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

Stevanato Group SPA's Operating Income for the three months ended in Dec. 2023 was $70 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $217 Mil.


Stevanato Group SPA Operating Margin % Historical Data

The historical data trend for Stevanato Group SPA'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.

Stevanato Group SPA Operating Margin % Chart

Stevanato Group SPA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 11.60 15.57 19.22 19.56 18.49

Stevanato Group SPA 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 21.61 17.08 17.57 18.85 19.97

Competitive Comparison of Stevanato Group SPA's Operating Margin %

For the Medical Instruments & Supplies subindustry, Stevanato Group SPA'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.


Stevanato Group SPA's Operating Margin % Distribution in the Medical Devices & Instruments Industry

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

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



Stevanato Group SPA 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.

Stevanato Group SPA'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 )
=218.888 / 1183.592
=18.49 %

Stevanato Group SPA'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 )
=69.844 / 349.661
=19.97 %

* 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.


Stevanato Group SPA  (NYSE:STVN) 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.


Stevanato Group SPA Operating Margin % Related Terms

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Stevanato Group SPA (Stevanato Group SPA) Business Description

Traded in Other Exchanges
Address
Via Molinella 17, Piombino Dese, Padua, ITA, 35017
Stevanato Group SPA is a provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. It delivers an integrated, end-to-end portfolio of products, processes, and services that address customer needs across the entire drug life cycle including development, clinical, and commercial stages. Stevanato's revenue is geographically diversified, with 60% of sales from Europe, the Middle East and Africa (EMEA), 27% in North America, 10% in Asia-Pacific (APAC), and 3% from South America. It has two segments Biopharmaceutical and Diagnostic Solutions and Engineering.