Cool Co (Cool Co) Net Margin % : 23.82% (As of Dec. 2023)

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What is Cool Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cool Co's Net Income for the three months ended in Dec. 2023 was $22.1 Mil. Cool Co's Revenue for the three months ended in Dec. 2023 was $92.6 Mil. Therefore, Cool Co's net margin for the quarter that ended in Dec. 2023 was 23.82%.

The historical rank and industry rank for Cool Co's Net Margin % or its related term are showing as below:

CLCO' s Net Margin % Range Over the Past 10 Years
Min: 13.49 Med: 30.92 Max: 48.35
Current: 39.8

CLCO's Net Margin % is ranked better than
91.33% of 980 companies
in the Oil & Gas industry
Industry Median: 4.055 vs CLCO: 39.80

Cool Co Net Margin % Historical Data

The historical data trend for Cool Co's Net 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.

Cool Co Net Margin % Chart

Cool Co Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

13.49

48.35

Cool Co Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial			61.10	-	52.42	43.93	23.82

Competitive Comparison of Cool Co's Net Margin %

For the Oil & Gas Midstream subindustry, Cool Co's Net Margin %, along with its competitors' market caps and Net 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.

Cool Co's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cool Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cool Co's Net Margin % falls into.

Cool Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Cool Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	174.729	/	361.382
	=	48.35 %

Cool Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	22.06	/	92.628
	=	23.82 %

Cool Co (NYSE:CLCO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Cool Co Net Margin % Related Terms

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Cool Co (Cool Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cool Co Ltd (NYSE:CLCO) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

CLCO:Norway HQ3:Germany

Address

9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.coolcoltd.com

Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.