Operating Margin % is calculated as Operating Income divided by its Revenue. BlueScope Steel's Operating Income for the
six
months ended in Dec. 2023 was $399 Mil. BlueScope Steel's Revenue for the
six
months ended in Dec. 2023 was $5,715 Mil. Therefore, BlueScope Steel's Operating Margin % for the quarter that ended in Dec. 2023 was 6.99%.
Good Sign:
BlueScope Steel Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for BlueScope Steel's Operating Margin % or its related term are showing as below:
BLSFY'
s Operating Margin % Range Over the Past 10 Years
Min: -1.86 Med: 8.51 Max: 19.16
Current: 7.02
BLSFY's Operating Margin % is ranked better than 63.41% of 604
companies
in the Steel industry
Industry Median: 4.67
vs BLSFY: 7.02
BlueScope Steel's 5-Year Average Operating Margin % Growth Rate was 4.70% per year.
BlueScope Steel's Operating Income for the
six
months ended in Dec. 2023 was $399 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $818 Mil.
BlueScope Steel Operating Margin % Historical Data
The historical data trend for BlueScope Steel'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.
Competitive Comparison of BlueScope Steel's Operating Margin %
For the Steel subindustry, BlueScope Steel'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.
BlueScope Steel's Operating Margin % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, BlueScope Steel's Operating Margin % distribution charts can be found below:
* The bar in red indicates where BlueScope Steel's Operating Margin % falls into.
BlueScope Steel 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.
BlueScope Steel's Operating Margin % for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
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 Nokias 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.
BlueScope Steel Operating Margin % Related Terms
Thank you for viewing the detailed overview of BlueScope Steel's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BlueScope Steel (BlueScope Steel) Business Description
BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BLSFY has been successfully added to your 