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Goodfellow (TSX:GDL) Operating Margin % : -0.09% (As of Feb. 2024)


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What is Goodfellow Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Goodfellow's Operating Income for the three months ended in Feb. 2024 was C$-0.1 Mil. Goodfellow's Revenue for the three months ended in Feb. 2024 was C$105.3 Mil. Therefore, Goodfellow's Operating Margin % for the quarter that ended in Feb. 2024 was -0.09%.

Good Sign:

Goodfellow Inc operating margin is expanding. Margin expansion is usually a good sign.

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

TSX:GDL' s Operating Margin % Range Over the Past 10 Years
Min: -2.24   Med: 2.3   Max: 8.64
Current: 4.38


TSX:GDL's Operating Margin % is ranked better than
53.12% of 288 companies
in the Forest Products industry
Industry Median: 3.825 vs TSX:GDL: 4.38

Goodfellow's 5-Year Average Operating Margin % Growth Rate was 36.20% per year.

Goodfellow's Operating Income for the three months ended in Feb. 2024 was C$-0.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2024 was C$22.4 Mil.


Goodfellow Operating Margin % Historical Data

The historical data trend for Goodfellow'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.

Goodfellow Operating Margin % Chart

Goodfellow Annual Data
Trend Aug13 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 4.79 8.64 7.59 4.39

Goodfellow Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.02 7.06 6.76 2.46 -0.09

Competitive Comparison of Goodfellow's Operating Margin %

For the Lumber & Wood Production subindustry, Goodfellow'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.


Goodfellow's Operating Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Goodfellow's Operating Margin % distribution charts can be found below:

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



Goodfellow 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.

Goodfellow's Operating Margin % for the fiscal year that ended in Nov. 2023 is calculated as

Operating Margin %=Operating Income (A: Nov. 2023 ) / Revenue (A: Nov. 2023 )
=22.519 / 512.821
=4.39 %

Goodfellow's Operating Margin % for the quarter that ended in Feb. 2024 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=-0.096 / 105.334
=-0.09 %

* 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.


Goodfellow  (TSX:GDL) 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.


Goodfellow Operating Margin % Related Terms

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


Goodfellow (TSX:GDL) Business Description

Traded in Other Exchanges
N/A
Address
225 Goodfellow Street, Delson, QC, CAN, J5B 1V5
Goodfellow Inc is engaged in various business activities related to remanufacturing and distribution of lumber and wood products. The Company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring and Building materials. Majority of company's revenue is generated from sale of Lumber. The company operates in Canada and The United States; majority revenue is generated from Canada.
Executives
Robert F. Hall Director

Goodfellow (TSX:GDL) Headlines

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