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Operating Margin % is calculated as Operating Income divided by its Revenue. Harrow's Operating Income for the three months ended in Dec. 2023 was $-4.5 Mil. Harrow's Revenue for the three months ended in Dec. 2023 was $36.4 Mil. Therefore, Harrow's Operating Margin % for the quarter that ended in Dec. 2023 was -12.36%.
The historical rank and industry rank for Harrow's Operating Margin % or its related term are showing as below:
Harrow's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Harrow's Operating Income for the three months ended in Dec. 2023 was $-4.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $0.8 Mil.
The historical data trend for Harrow'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.
Harrow Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Operating Margin % | Get a 7-Day Free Trial | -1.48 | 1.53 | 2.57 | 2.17 | 0.62 |
Harrow 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 | -8.75 | 4.64 | 7.03 | 5.09 | -12.36 |
For the Drug Manufacturers - Specialty & Generic subindustry, Harrow'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.
For the Drug Manufacturers industry and Healthcare sector, Harrow's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Harrow's Operating Margin % falls into.
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.
Harrow's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as
Operating Margin % | = | Operating Income (A: Dec. 2023 ) | / | Revenue (A: Dec. 2023 ) |
= | 0.811 | / | 130.193 | |
= | 0.62 % |
Harrow'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 ) |
= | -4.495 | / | 36.355 | |
= | -12.36 % |
* 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.
Harrow (NAS:HROW) 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 Nokias 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.
Thank you for viewing the detailed overview of Harrow's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mark L Baum | director, 10 percent owner, officer: Chief Executive Officer | C/O IMPRIMIS PHARMACEUTICALS, INC, 12264 EL CAMINO REAL, SUITE 350, SAN DIEGO CA 92130 |
Opaleye Management Inc. | 10 percent owner | ONE BOSTON PLACE, SUITE 2600, BOSTON MA 02108 |
Martin A. Makary | director | 102 WOODMONT BLVD., SUITE 610, NASHVILLE TN 37205 |
Van Horn R. Lawrence | director | 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067 |
Andrew Boll | officer: VP, Accounting and Reporting | 437 S HWY 101, STE 209, SOLANA BEACH CA 92075 |
Lindstrom Richard L Md | director | 2811 WESTWOOD PL, WAYZATA MN 55391 |
Perry J. Sternberg | director | 102 WOODMONT BLVD., SUITE 610, NASHVILLE TN 37205 |
Teresa Sparks | director | 40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215 |
Robert J Kammer | director, 10 percent owner, officer: Chairman of the Board | 1440 28TH STREET, SUITE 9, BOULDER CO 80303 |
Longboard Capital Advisors, Llc | other: Institutional Investor | 9665 WILSHIRE BLVD., SUITE 430, BEVERLY HILLS CA 90212 |
Brett Conrad | other: Managing Mbr of Longboard Cap. | 1312 CEDAR ST., SANTA MONICA CA 90405 |
Clayton D Edwards | officer: Chief Operating Officer | 12264 EL CAMINO REAL, SUITE 350, SAN DIEGO CA 92130 |
Anthony Principi | director | 2300 WEST PLANO PARKWAY, M/S D2420, PLANO TX 75244 |
Donald Paul Miloni | 10 percent owner | 1425 GREENWOOD LANE, GREENWOOD VILLAGE CO 80125 |
John P. Saharek | officer: Chief Commercial Officer | 12264 EL CAMINO REAL, SUITE 350, SAN DIEGO CA 92130 |
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