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Tribune Media Co (Tribune Media Co) Operating Margin % : 16.07% (As of Jun. 2019)


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What is Tribune Media Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Tribune Media Co's Operating Income for the three months ended in Jun. 2019 was $78 Mil. Tribune Media Co's Revenue for the three months ended in Jun. 2019 was $484 Mil. Therefore, Tribune Media Co's Operating Margin % for the quarter that ended in Jun. 2019 was 16.07%.

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


TRCO's Operating Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 3.33
* Ranked among companies with meaningful Operating Margin % only.

Tribune Media Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Tribune Media Co's Operating Income for the three months ended in Jun. 2019 was $78 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2019 was $330 Mil.


Tribune Media Co Operating Margin % Historical Data

The historical data trend for Tribune Media 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.

Tribune Media Co Operating Margin % Chart

Tribune Media Co Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 6.42 11.32 4.32 17.85

Tribune Media Co Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 21.47 8.87 25.63 13.04 16.07

Competitive Comparison of Tribune Media Co's Operating Margin %

For the Broadcasting subindustry, Tribune Media 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.


Tribune Media Co's Operating Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tribune Media Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Tribune Media Co's Operating Margin % falls into.



Tribune Media 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.

Tribune Media Co's Operating Margin % for the fiscal year that ended in Dec. 2018 is calculated as

Operating Margin %=Operating Income (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=358.725 / 2009.734
=17.85 %

Tribune Media Co's Operating Margin % for the quarter that ended in Jun. 2019 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=77.805 / 484.036
=16.07 %

* 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.


Tribune Media Co  (NYSE:TRCO) 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.


Tribune Media Co Operating Margin % Related Terms

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


Tribune Media Co (Tribune Media Co) Business Description

Traded in Other Exchanges
N/A
Address
515 North State Street, Chicago, IL, USA, 60654
Tribune is one of the country's largest media companies. It reaches more than 80% of U.S. households and is the only media organization with newspapers, TV stations, and Web sites in the nation's top three markets. Tribune's newspapers include the Los Angeles Times, Chicago Tribune, and Newsday. Its broadcasting group operates more than 20 television stations, superstation WGN on national cable, an AM radio station, and the Chicago Cubs baseball team.
Executives
Peter M Kern director, officer: CEO C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Ross Levinsohn director 701 FIRST AVENUE, SUNNYVALE CA 94089
Peter E Murphy director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Craig A Jacobson director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Edward P Lazarus officer: EVP, General Counsel & CSO C/O TRIBUNE COMPANY, 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Oaktree Capital Group Holdings Gp, Llc other: Former director and 10% owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings, L.p. other: Former director and 10% owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Tribune, L.p. other: Former director and 10% owner C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 S. GRAND AVENUE, 28TH FLOOR LOS ANGELES CA 90071
Oaktree Aif Investments, L.p. other: Former director and 10% owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc other: Former director and 10% owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Peter Liguori director, officer: President and CEO 1 DISCOVERY PLACE, SILVER SPRING MD 20910
Melanie Hughes officer: EVP, Human Resources 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Steven Berns officer: EVP & CFO TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Kenneth Liang director C/O 77 BEALE ST., SAN FRANCISCO CA 94177
Bruce A Karsh director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071

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