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Moncler SpA (WBO:MONC) Operating Margin % : 19.16% (As of Jun. 2023)


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What is Moncler SpA Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Moncler SpA's Operating Income for the six months ended in Jun. 2023 was €218 Mil. Moncler SpA's Revenue for the six months ended in Jun. 2023 was €1,137 Mil. Therefore, Moncler SpA's Operating Margin % for the quarter that ended in Jun. 2023 was 19.16%.

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

WBO:MONC' s Operating Margin % Range Over the Past 10 Years
Min: 25.61   Med: 29.44   Max: 30.21
Current: 29.95


WBO:MONC's Operating Margin % is ranked better than
97.13% of 1047 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.79 vs WBO:MONC: 29.95

Moncler SpA's 5-Year Average Operating Margin % Growth Rate was -0.10% per year.

Moncler SpA's Operating Income for the six months ended in Jun. 2023 was €218 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was €894 Mil.


Moncler SpA Operating Margin % Historical Data

The historical data trend for Moncler SpA'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.

Moncler SpA Operating Margin % Chart

Moncler SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.21 25.61 28.31 29.76 29.95

Moncler SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 34.27 19.62 35.28 19.16 36.59

Competitive Comparison of Moncler SpA's Operating Margin %

For the Apparel Manufacturing subindustry, Moncler SpA'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.


Moncler SpA's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Moncler SpA's Operating Margin % distribution charts can be found below:

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



Moncler SpA 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.

Moncler SpA'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 )
=774.547 / 2602.89
=29.76 %

Moncler SpA's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=217.793 / 1136.59
=19.16 %

* 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.


Moncler SpA  (WBO:MONC) 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.


Moncler SpA Operating Margin % Related Terms

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


Moncler SpA (WBO:MONC) Business Description

Address
Via Stendhal, 47, Milan, ITA, 20144
Moncler consists of its namesake brand and Stone Island (acquired in 2021). The Moncler brand is one of the leading players in luxury outerwear. It is globally present with 36% of sales generated in Europe, the Middle East, and Africa, 17% in the Americas, and 47% in Asia and rest of the world. Most of the company's sales are direct to consumer, with almost 80% generated through the own-retail channel. Around 75%-80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories. Stone Island contributed around 15% of revenue in 2022.

Moncler SpA (WBO:MONC) Headlines

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