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Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Operating Margin % : 22.32% (As of Dec. 2023)


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What is Hitit Bilgisayar Hizmetleri AS Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Hitit Bilgisayar Hizmetleri AS's Operating Income for the three months ended in Dec. 2023 was ₺41.5 Mil. Hitit Bilgisayar Hizmetleri AS's Revenue for the three months ended in Dec. 2023 was ₺185.9 Mil. Therefore, Hitit Bilgisayar Hizmetleri AS's Operating Margin % for the quarter that ended in Dec. 2023 was 22.32%.

Good Sign:

Hitit Bilgisayar Hizmetleri AS operating margin is expanding. Margin expansion is usually a good sign.

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

IST:HTTBT' s Operating Margin % Range Over the Past 10 Years
Min: 17.02   Med: 25.93   Max: 29.99
Current: 24.26


IST:HTTBT's Operating Margin % is ranked better than
92.33% of 2764 companies
in the Software industry
Industry Median: 3.765 vs IST:HTTBT: 24.26

Hitit Bilgisayar Hizmetleri AS's 5-Year Average Operating Margin % Growth Rate was 5.00% per year.

Hitit Bilgisayar Hizmetleri AS's Operating Income for the three months ended in Dec. 2023 was ₺41.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₺147.8 Mil.


Hitit Bilgisayar Hizmetleri AS Operating Margin % Historical Data

The historical data trend for Hitit Bilgisayar Hizmetleri AS'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.

Hitit Bilgisayar Hizmetleri AS Operating Margin % Chart

Hitit Bilgisayar Hizmetleri AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 29.99 25.83 26.02 29.18 24.25

Hitit Bilgisayar Hizmetleri AS Quarterly Data
Dec18 Dec19 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 32.84 26.93 25.42 23.66 22.32

Competitive Comparison of Hitit Bilgisayar Hizmetleri AS's Operating Margin %

For the Software - Application subindustry, Hitit Bilgisayar Hizmetleri AS'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.


Hitit Bilgisayar Hizmetleri AS's Operating Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Hitit Bilgisayar Hizmetleri AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hitit Bilgisayar Hizmetleri AS's Operating Margin % falls into.



Hitit Bilgisayar Hizmetleri AS 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.

Hitit Bilgisayar Hizmetleri AS'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 )
=147.699 / 609.051
=24.25 %

Hitit Bilgisayar Hizmetleri AS'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 )
=41.476 / 185.862
=22.32 %

* 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.


Hitit Bilgisayar Hizmetleri AS  (IST:HTTBT) 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.


Hitit Bilgisayar Hizmetleri AS Operating Margin % Related Terms

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Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Business Description

Traded in Other Exchanges
N/A
Address
Resitpasa Mah. Katar Cad. No: 4/1 Ari, Teknokent 2 Ic Kapi No: 601 34469, Maslak, Istanbul, TUR
Hitit Bilgisayar Hizmetleri AS is a provider of airline IT solutions intended to meet the needs of industry players in the travel industry. The company's solutions offer a comprehensive suite that covers the entire operational life-circle, web-based airline reservations and ticketing systems, schedule and crew planning through core passenger service and ground-handling needs, industrial-standard accounting, reporting tools, as well as complementing solutions such as loyalty, customer management, multiple sales and distribution channels.

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