STR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
STR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Operating Margin % is calculated as Operating Income divided by its Revenue. Sitio Royalties's Operating Income for the three months ended in Dec. 2023 was $68.9 Mil. Sitio Royalties's Revenue for the three months ended in Dec. 2023 was $149.4 Mil. Therefore, Sitio Royalties's Operating Margin % for the quarter that ended in Dec. 2023 was 46.14%.
The historical rank and industry rank for Sitio Royalties's Operating Margin % or its related term are showing as below:
Sitio Royalties's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Sitio Royalties's Operating Income for the three months ended in Dec. 2023 was $68.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $252.4 Mil.
The historical data trend for Sitio Royalties'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.
Sitio Royalties Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Operating Margin % | -7.04 | 49.10 | 59.40 | 42.54 |
Sitio Royalties Quarterly Data | ||||||||||||
Dec20 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Operating Margin % | Get a 7-Day Free Trial | 44.58 | 47.33 | 35.29 | 40.81 | 46.14 |
For the Oil & Gas E&P subindustry, Sitio Royalties'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 Oil & Gas industry and Energy sector, Sitio Royalties's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Sitio Royalties'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.
Sitio Royalties'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 ) |
= | 252.416 | / | 593.356 | |
= | 42.54 % |
Sitio Royalties'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 ) |
= | 68.918 | / | 149.354 | |
= | 46.14 % |
* 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.
Sitio Royalties (NYSE:STR) 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 Sitio Royalties's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Christopher L. Conoscenti | director, officer: Chief Executive Officer | 1144 15TH STREET, SUITE 2650, DENVER CO 80202 |
Oaktree Holdings, Ltd. | director, 10 percent owner | 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071 |
Oaktree Capital Management Lp | director, 10 percent owner | 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071 |
Ocm Fie, Llc | director, 10 percent owner | 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071 |
Bx Royal Aggregator Lp | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Bcp Vi/bep Holdings Manager L.l.c. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Steven R Jones | director | 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103 |
Claire Harvey | director | 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022 |
Bcp Vii/bep Ii Holdings Manager L.l.c. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Morris R Clark | director | CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202 |
Bam Partners Trust | director, 10 percent owner | 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3 |
Alice E Gould | director | C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038 |
Michael J Downs | officer: Chief Operating Officer | 1845 WALNUT STREET, SUITE 1111, PHILADELPHIA PA 19103 |
Stephen J. Pilatzke | officer: Chief Accounting Officer | 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103 |
Bryan Gunderson | director, officer: CEO and President | 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022 |
From GuruFocus
By Business Wire Business Wire • 02-07-2023
By Business Wire Business Wire • 12-29-2022
By Business Wire • 10-03-2023
By Business Wire • 08-08-2023
By Business Wire • 07-07-2023
By Business Wire • 09-26-2023
By Margaret Moran • 11-16-2022
By Business Wire • 09-26-2023
By Sydnee Gatewood • 06-26-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.