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Kurita Water Industries (Kurita Water Industries) Operating Margin %

: 12.44% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Kurita Water Industries's Operating Income for the three months ended in Dec. 2023 was $85 Mil. Kurita Water Industries's Revenue for the three months ended in Dec. 2023 was $683 Mil. Therefore, Kurita Water Industries's Operating Margin % for the quarter that ended in Dec. 2023 was 12.44%.

Good Sign:

Kurita Water Industries Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

KTWIF' s Operating Margin % Range Over the Past 10 Years
Min: 7.72   Med: 9.37   Max: 12.4
Current: 8.41


KTWIF's Operating Margin % is ranked better than
57.19% of 2969 companies
in the Industrial Products industry
Industry Median: 6.97 vs KTWIF: 8.41

Kurita Water Industries's 5-Year Average Operating Margin % Growth Rate was 2.80% per year.

Kurita Water Industries's Operating Income for the three months ended in Dec. 2023 was $85 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $222 Mil.


Kurita Water Industries Operating Margin % Historical Data

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.72 10.38 11.78 12.40 8.43

Kurita Water Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 12.44 1.50 8.98 10.38 12.44

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries Operating Margin % Distribution

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Kurita Water Industries's Operating Margin % falls into.



Kurita Water Industries 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.

Kurita Water Industries's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=217.403 / 2578.16
=8.43 %

Kurita Water Industries'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 )
=84.948 / 682.81
=12.44 %

* 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.


Kurita Water Industries  (OTCPK:KTWIF) 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.


Kurita Water Industries Operating Margin % Related Terms

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Kurita Water Industries (Kurita Water Industries) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

Kurita Water Industries (Kurita Water Industries) Headlines

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