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Pretium Resources (Pretium Resources) Operating Margin % : 29.25% (As of Sep. 2021)


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What is Pretium Resources Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Pretium Resources's Operating Income for the three months ended in Sep. 2021 was $42.9 Mil. Pretium Resources's Revenue for the three months ended in Sep. 2021 was $146.8 Mil. Therefore, Pretium Resources's Operating Margin % for the quarter that ended in Sep. 2021 was 29.25%.

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

PVG' s Operating Margin % Range Over the Past 10 Years
Min: 18.87   Med: 28.42   Max: 32.35
Current: 30.08


PVG's Operating Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 1.935 vs PVG: 30.08

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

Pretium Resources's Operating Income for the three months ended in Sep. 2021 was $42.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2021 was $184.0 Mil.


Pretium Resources Operating Margin % Historical Data

The historical data trend for Pretium Resources'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.

Pretium Resources Operating Margin % Chart

Pretium Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 18.87 29.54 27.30 32.35

Pretium Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 36.16 28.11 30.79 32.54 29.25

Competitive Comparison of Pretium Resources's Operating Margin %

For the Gold subindustry, Pretium Resources'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.


Pretium Resources's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pretium Resources's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Pretium Resources's Operating Margin % falls into.



Pretium Resources 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.

Pretium Resources's Operating Margin % for the fiscal year that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=199.814 / 617.585
=32.35 %

Pretium Resources's Operating Margin % for the quarter that ended in Sep. 2021 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=42.939 / 146.825
=29.25 %

* 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.


Pretium Resources  (NYSE:PVG) 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.


Pretium Resources Operating Margin % Related Terms

Thank you for viewing the detailed overview of Pretium Resources's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pretium Resources (Pretium Resources) Business Description

Traded in Other Exchanges
N/A
Address
1055 Dunsmuir Street, Suite 2300, P.O. Box 49334, Four Bentall Centre, Vancouver, BC, CAN, V7X 1L4
Pretium Resources Inc is an exploration and development company engaged in the acquisition, exploration, and development of precious metal resource properties in the Americas. The Brucejack Project is the company's primary mineral project, which involves near-mine exploration and off-mining leases infrastructure in Brucejack mine, located in northwestern British Columbia, Canada. The company is currently at the engineering and construction phase, progressing toward production as a high-grade underground gold mine. Gold metal is the company's core revenue driver.

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