Ossen Innovation Co Profit Margin

Ossen Innovation Co posts a profit margin of 9.35% as of June 2020. That compares with 5.01% in the prior-year period — up 86.8% year over year. That is below the Materials sector average of 16.45%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Ossen Innovation Co's profit margin was 5.01%. The latest reading is 9.35% — a 86.8% year-over-year increase (period ending June 2020). Use the history and growth charts on this page for a longer lookback.

For Materials stocks, a profit margin near 16.45% is typical. Ossen Innovation Co's 9.35% is lower that level. That is roughly 43.2% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Ossen Innovation Co's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 9.35% as of June 2020; use YoY and peer views to separate noise from signal.

Context for OSN's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 16.45%), and (3) consistency with growth and profitability. This page covers the first two; Ossen Innovation Co's other metric pages and overview cover the third.