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Tidewater Renewables (TSX:LCFS) Operating Margin % : -0.03% (As of Dec. 2023)


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What is Tidewater Renewables Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Tidewater Renewables's Operating Income for the three months ended in Dec. 2023 was C$-0.01 Mil. Tidewater Renewables's Revenue for the three months ended in Dec. 2023 was C$40.38 Mil. Therefore, Tidewater Renewables's Operating Margin % for the quarter that ended in Dec. 2023 was -0.03%.

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

TSX:LCFS' s Operating Margin % Range Over the Past 10 Years
Min: -248.07   Med: 4.11   Max: 44.16
Current: 4.11


TSX:LCFS's Operating Margin % is ranked worse than
73.43% of 414 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.9 vs TSX:LCFS: 4.11

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

Tidewater Renewables's Operating Income for the three months ended in Dec. 2023 was C$-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was C$4.02 Mil.

Warning Sign:

Tidewater Renewables Ltd has recorded a loss in operating income at least once over the past 3 years.


Tidewater Renewables Operating Margin % Historical Data

The historical data trend for Tidewater Renewables'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.

Tidewater Renewables Operating Margin % Chart

Tidewater Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial -73.61 -248.07 - 23.17 4.11

Tidewater Renewables Quarterly Data
Dec18 Dec19 Mar20 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 20.90 13.94 -16.88 14.35 -0.03

Competitive Comparison of Tidewater Renewables's Operating Margin %

For the Utilities - Renewable subindustry, Tidewater Renewables'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.


Tidewater Renewables's Operating Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tidewater Renewables's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Tidewater Renewables's Operating Margin % falls into.



Tidewater Renewables 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.

Tidewater Renewables'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 )
=4.018 / 97.679
=4.11 %

Tidewater Renewables'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 )
=-0.011 / 40.376
=-0.03 %

* 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.


Tidewater Renewables  (TSX:LCFS) 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.


Tidewater Renewables Operating Margin % Related Terms

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Tidewater Renewables (TSX:LCFS) Business Description

Traded in Other Exchanges
Address
222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas.
Executives
Bryan Philip Morin Senior Officer

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