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Copper Mountain Mining (TSX:CMMC) Operating Margin % : 13.18% (As of Mar. 2023)


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What is Copper Mountain Mining Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Copper Mountain Mining's Operating Income for the three months ended in Mar. 2023 was C$13.3 Mil. Copper Mountain Mining's Revenue for the three months ended in Mar. 2023 was C$100.5 Mil. Therefore, Copper Mountain Mining's Operating Margin % for the quarter that ended in Mar. 2023 was 13.18%.

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

TSX:CMMC' s Operating Margin % Range Over the Past 10 Years
Min: -8.45   Med: 6.66   Max: 50.23
Current: -6.85


TSX:CMMC's Operating Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 1.88 vs TSX:CMMC: -6.85

Copper Mountain Mining's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Copper Mountain Mining's Operating Income for the three months ended in Mar. 2023 was C$13.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was C$-21.1 Mil.


Copper Mountain Mining Operating Margin % Historical Data

The historical data trend for Copper Mountain Mining'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.

Copper Mountain Mining Operating Margin % Chart

Copper Mountain Mining 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 4.29 3.97 26.51 50.23 -8.45

Copper Mountain Mining Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 8.73 -10.95 -24.91 -14.81 13.18

Competitive Comparison of Copper Mountain Mining's Operating Margin %

For the Copper subindustry, Copper Mountain Mining'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.


Copper Mountain Mining's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Copper Mountain Mining's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Copper Mountain Mining's Operating Margin % falls into.



Copper Mountain Mining 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.

Copper Mountain Mining'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 )
=-25.478 / 301.467
=-8.45 %

Copper Mountain Mining's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=13.25 / 100.497
=13.18 %

* 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.


Copper Mountain Mining  (TSX:CMMC) 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.


Copper Mountain Mining Operating Margin % Related Terms

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Copper Mountain Mining (TSX:CMMC) Business Description

Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 1700, Vancouver, BC, CAN, V6C 1G8
Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia. The Company is engaged in mining, exploration and development of mineral properties, and has an operating mine in Canada.

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