GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SSAB AB (OTCPK:SSAAY) » Definitions » Operating Margin %

SSAB AB (SSAB AB) Operating Margin %

: 10.31% (As of Dec. 2023)
View and export this data going back to 2008. Start your Free Trial

Operating Margin % is calculated as Operating Income divided by its Revenue. SSAB AB's Operating Income for the three months ended in Dec. 2023 was $236 Mil. SSAB AB's Revenue for the three months ended in Dec. 2023 was $2,286 Mil. Therefore, SSAB AB's Operating Margin % for the quarter that ended in Dec. 2023 was 10.31%.

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

SSAAY' s Operating Margin % Range Over the Past 10 Years
Min: -4.31   Med: 1.73   Max: 19.61
Current: 14.17


SSAAY's Operating Margin % is ranked better than
86.57% of 603 companies
in the Steel industry
Industry Median: 4.71 vs SSAAY: 14.17

SSAB AB's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

SSAB AB's Operating Income for the three months ended in Dec. 2023 was $236 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,544 Mil.


SSAB AB Operating Margin % Historical Data

The historical data trend for SSAB AB'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.

SSAB AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 -1.22 19.61 -4.31 14.17

SSAB AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only -115.72 14.83 15.67 14.92 10.31

Competitive Comparison

For the Steel subindustry, SSAB AB'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.


SSAB AB Operating Margin % Distribution

For the Steel industry and Basic Materials sector, SSAB AB's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SSAB AB's Operating Margin % falls into.



SSAB AB 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.

SSAB AB'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 )
=1608.758 / 11354.605
=14.17 %

SSAB AB'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 )
=235.728 / 2286.207
=10.31 %

* 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.


SSAB AB  (OTCPK:SSAAY) 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.


SSAB AB Operating Margin % Related Terms

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


SSAB AB (SSAB AB) Business Description

Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
SSAB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.

SSAB AB (SSAB AB) Headlines

From GuruFocus

SSAB's Annual Report 2018 Published

By PRNewswire PRNewswire 03-18-2019

SSAB's Annual Report 2021 published

By PRNewswire PRNewswire 03-16-2022

SSAB's Annual Report 2022 is published

By PRNewswire PRNewswire 03-24-2023

SSAB's Annual Report 2017 Published

By PRNewswire PRNewswire 03-19-2018