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Cardinal Ethanol LLC (Cardinal Ethanol LLC) Operating Margin % : 4.17% (As of Dec. 2023)


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What is Cardinal Ethanol LLC Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cardinal Ethanol LLC's Operating Income for the three months ended in Dec. 2023 was $2.9 Mil. Cardinal Ethanol LLC's Revenue for the three months ended in Dec. 2023 was $69.1 Mil. Therefore, Cardinal Ethanol LLC's Operating Margin % for the quarter that ended in Dec. 2023 was 4.17%.

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

CRDE' s Operating Margin % Range Over the Past 10 Years
Min: -2.65   Med: 6.46   Max: 26.08
Current: 12.33


CRDE's Operating Margin % is not ranked
in the Chemicals industry.
Industry Median: 5.82 vs CRDE: 12.33

Cardinal Ethanol LLC's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Cardinal Ethanol LLC's Operating Income for the three months ended in Dec. 2023 was $2.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $53.9 Mil.


Cardinal Ethanol LLC Operating Margin % Historical Data

The historical data trend for Cardinal Ethanol LLC'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.

Cardinal Ethanol LLC Operating Margin % Chart

Cardinal Ethanol LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.65 -0.61 6.79 14.32 13.26

Cardinal Ethanol LLC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 11.61 10.00 11.28 20.76 4.17

Competitive Comparison of Cardinal Ethanol LLC's Operating Margin %

For the Chemicals subindustry, Cardinal Ethanol LLC'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.


Cardinal Ethanol LLC's Operating Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cardinal Ethanol LLC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Cardinal Ethanol LLC's Operating Margin % falls into.



Cardinal Ethanol LLC 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.

Cardinal Ethanol LLC's Operating Margin % for the fiscal year that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=66.667 / 502.735
=13.26 %

Cardinal Ethanol LLC'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 )
=2.884 / 69.112
=4.17 %

* 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.


Cardinal Ethanol LLC  (OTCPK:CRDE) 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.


Cardinal Ethanol LLC Operating Margin % Related Terms

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Cardinal Ethanol LLC (Cardinal Ethanol LLC) Business Description

Traded in Other Exchanges
N/A
Address
1554 North County Road 600 East, Union City, IN, USA, 47390
Cardinal Ethanol LLC is a producer and seller of fuel-grade ethanol, distiller's grains, corn oil, and carbon dioxide throughout the continent of the United States. The company's prime selling products include ethanol, dried distillers grains, corn oil, and carbon dioxide. Its two operating segments are ethanol production through the Ethanol Division; and trading of agricultural grains through the Trading Division. The revenues from Ethanol Division come from primary sources: sales of fuel ethanol which is the key revenue driver. Revenues from the Trading Division are derived from procuring, transporting, and selling grain commodities. The majority of the revenue for the company is generated from its Ethanol Division.
Executives
Adam Kline director 938 E 58TH STREET, INDIANAPOLIS IN 46220
Chad Smith director 3665 GOULD DRIVE, CARMEL IN 46033
Gerald R Forsythe director 600 N BUFFALO GROVE RD, BUFFALO GROVE IL 60089
Danny Ray Huston director 616 W JACKSON STREET, PARKER CITY IN 47368
Casey Bruns officer: Commodity Manager 10158 STATE ROUTE 49, ANSONIA OH 45303
Daniel J. Sailer director 11320 ABBITT TRAIL, ZIONSVILLE IN 46077
Dersch David Matthew Jr director 113 BENNINGTON ROAD, GREER SC 29650
Roch Lewis M Iii director 21 GOSS ROAD, NORTH HAMPTON NH 03862
Robert Nathan Baker director 8124 E. GREENBRIAR COURT, WICHITA KS 67226
Gregory August Roy officer: Commodity Manager 23308 PAULDING ROAD, MONROEVILLE IN 46773
Jerry Phillip Zicht director 5653 NORTH US HWY 27, WINCHESTER IN 47394
Adam Zeedyk officer: Commodity Manager 9 PECK DRIVE, WINCHESTER IN 47394
William J Dartt officer: Chief Financial Officer 1520 ROSEDALE AVENUE, BUCYRUS OH 44820
Roch Lewis Marshall Ii director 2006 E. ROBINWOOD DRIVE, MUNCIE IN 47304
Barry J Hudson director 200 EAST JACKSON STREET, MUNCIE IN 47305

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