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Cementos Argos S.A. (Cementos Argos S.A.) Operating Margin % : 16.22% (As of Sep. 2023)


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What is Cementos Argos S.A. Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cementos Argos S.A.'s Operating Income for the three months ended in Sep. 2023 was $123 Mil. Cementos Argos S.A.'s Revenue for the three months ended in Sep. 2023 was $761 Mil. Therefore, Cementos Argos S.A.'s Operating Margin % for the quarter that ended in Sep. 2023 was 16.22%.

Good Sign:

Cementos Argos S.A. operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Cementos Argos S.A.'s Operating Margin % or its related term are showing as below:

CMTOY' s Operating Margin % Range Over the Past 10 Years
Min: 6.87   Med: 9.75   Max: 12.61
Current: 11.68


CMTOY's Operating Margin % is ranked better than
67.54% of 382 companies
in the Building Materials industry
Industry Median: 7.925 vs CMTOY: 11.68

Cementos Argos S.A.'s 5-Year Average Operating Margin % Growth Rate was 7.40% per year.

Cementos Argos S.A.'s Operating Income for the three months ended in Sep. 2023 was $123 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $341 Mil.


Cementos Argos S.A. Operating Margin % Historical Data

The historical data trend for Cementos Argos S.A.'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.

Cementos Argos S.A. Operating Margin % Chart

Cementos Argos S.A. Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.94 6.87 8.54 11.77 9.41

Cementos Argos S.A. Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 10.77 8.50 9.63 12.54 16.22

Competitive Comparison of Cementos Argos S.A.'s Operating Margin %

For the Building Materials subindustry, Cementos Argos S.A.'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.


Cementos Argos S.A.'s Operating Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Argos S.A.'s Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cementos Argos S.A.'s Operating Margin % falls into.



Cementos Argos S.A. 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.

Cementos Argos S.A.'s Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=230.593 / 2449.826
=9.41 %

Cementos Argos S.A.'s Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=123.471 / 761.215
=16.22 %

* 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.


Cementos Argos S.A.  (OTCPK:CMTOY) 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.


Cementos Argos S.A. Operating Margin % Related Terms

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Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Traded in Other Exchanges
Address
Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL
Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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