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Cool Co (OSL:CLCO) Operating Margin % : 59.43% (As of Dec. 2023)


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What is Cool Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cool Co's Operating Income for the three months ended in Dec. 2023 was kr581 Mil. Cool Co's Revenue for the three months ended in Dec. 2023 was kr977 Mil. Therefore, Cool Co's Operating Margin % for the quarter that ended in Dec. 2023 was 59.43%.

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

OSL:CLCO' s Operating Margin % Range Over the Past 10 Years
Min: 41.89   Med: 48.74   Max: 55.76
Current: 55.76


OSL:CLCO's Operating Margin % is ranked better than
95.49% of 976 companies
in the Oil & Gas industry
Industry Median: 7.635 vs OSL:CLCO: 55.76

Cool Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Cool Co's Operating Income for the three months ended in Dec. 2023 was kr581 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was kr1,590 Mil.


Cool Co Operating Margin % Historical Data

The historical data trend for Cool Co'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.

Cool Co Operating Margin % Chart

Cool Co Annual Data
Trend Dec21 Dec22 Dec23
Operating Margin %
41.89 - 55.59

Cool Co Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial 62.37 - 52.99 54.69 59.43

Competitive Comparison of Cool Co's Operating Margin %

For the Oil & Gas Midstream subindustry, Cool Co'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.


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

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

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



Cool Co 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.

Cool Co'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 )
=2119.301 / 3812.363
=55.59 %

Cool Co'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 )
=580.734 / 977.17
=59.43 %

* 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.


Cool Co  (OSL:CLCO) 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.


Cool Co Operating Margin % Related Terms

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Cool Co (OSL:CLCO) Business Description

Traded in Other Exchanges
Address
9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
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.