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If you, like me, are headed for career suicide anyway, go on and dish your company's margin (margin is %$*([direct labor] + (fringe [+G&A**]))) **if applicable Add new and extra options in the thread if you want! I'll add them to the poll***. ***subject to mod approval edit: Hey people, some people have told me that they don't seem to understand what a 'margin' is, well it's the "polite" term for profit, and for commercial companies it ranges from 1/4th to 1/3rd percent (25%-33%), meaning between one quarter to one third of every "sale" is direct to people you don't care about and make money with or without you. it's also extremely protected information for most companies. cheers, I know you'll all do the right thing. please continue to post margins, we are all good here. fine, how are you? Post your FEIN , sit down, chill out. canadians also welcome Here is how to find your CEIN if you're a Canadian! [/url] code:Wanna find out how much your bosses make? Post. Them. Margins. post CEIN/CRA numbers and FEINs too!!! HiroProtagonist fucked around with this message at 06:13 on Mar 26, 2020 |
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Mar 26, 2020 03:29
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Mar 26, 2020 03:55
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My man My company charges a one-quarter percentage on communications services to rural and urban hospitals, occasionally higher (up to 1/3rd / 33%) I do not have input into these margins. Name and shame em folks.
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Mar 26, 2020 04:06
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Per 2018 filings, our group profit margin was 48%. They do not break out my particular sub-company in the data (at least not in an easily-read way), but the pharma branch clocked in at 57%. I work for a subsidiary of a Swiss company that rhymes with gauche.
Sundae fucked around with this message at 04:12 on Mar 26, 2020 |
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Mar 26, 2020 04:08
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I literally had my company's 10-K open today just out of curiosity. It says our operating margin was 15% for 2019.
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Mar 26, 2020 04:12
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Sundae posted:Per 2018 SEC filings, our group profit margin was 48%. They do not break out my particular sub-company in the data (at least not in an easily-read way), but the pharma branch clocked in at 57%. if you can give the direct gross billings we can work backwards to approximate the margin%. Hoodwinker posted:I literally had my company's 10-K open today just out of curiosity. It says our operating margin was 15% for 2019. That's bad enough if it means 'all stakeholders received a minimum 15% net on their total investment, whatever that is')--but if it refers to a retirement fund (10k?) hosed up to call it "operating margin" when it's a return on reinvestment edit: 10-K is a public filing, my b, stakeholders made a 15% net profit HiroProtagonist fucked around with this message at 04:19 on Mar 26, 2020 |
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Mar 26, 2020 04:12
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HiroProtagonist posted:if you can give the direct gross billings we can work backwards to approximate the margin%. Found 2019's docs while going back to find the 2018 doc again.    Sales actually is Sales + 2Kish of "Other Income" in the second screenie.
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Mar 26, 2020 04:23
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Sundae posted:Found 2019's docs while going back to find the 2018 doc again.  Sundae I knew you were the poo poo, but thank you for this. Apparently, with a margin of approximately 42.06% poor pharma can't innovate.   e2: actually going back to the math, it looks like your AP people are underbilling unless someone conjured around $2.3 million in profit out of nowhere. who's skimming? e3: literally just doublechecked 3 times there's almost 3 million missing in the accounting here. in general, you should be able to proceed from (A) to (B) to (C) in accounting, please anonymously distribute rifles to your sportsman friends at work. HiroProtagonist fucked around with this message at 05:01 on Mar 26, 2020 |
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Mar 26, 2020 04:38
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HiroProtagonist posted:
That's probably the "Other Income" they don't explain in the table. Also, I think that's actually $2.3 billion.  quote:e3: literally just doublechecked 3 times there's almost 3 million missing in the accounting here. in general, you should be able to proceed from (A) to (B) to (C) in accounting, please anonymously distribute rifles to your sportsman friends at work. 
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Mar 26, 2020 05:01
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owned by an exponent literally we're having a factor of ten^10 matter here because 10 million vice 10 billion is at stake. 
HiroProtagonist fucked around with this message at 05:09 on Mar 26, 2020 |
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Mar 26, 2020 05:03
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cui bono?
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Mar 26, 2020 05:06
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Yeah, only other thing I can find is "Royalties and other operating income - 2,285" (million CHF) for revenue. There's also a 4.7B CHF acquisition of another company on 17DEC2019 and 340M CHF of global restructuring costs (fire employees, claim it cost you money; hell yeah?). Net income 17.4B CHF attributable to shareholders, 646M CHF attributable to non-controlling interests. I don't know how to read these well enough to find missing moneybits.
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Mar 26, 2020 05:16
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Sundae posted:Yeah, only other thing I can find is "Royalties and other operating income - 2,285" (million CHF) for revenue. There's also a 4.7B CHF acquisition of another company on 17DEC2019 and 340M CHF of global restructuring costs (fire employees, claim it cost you money; hell yeah?). Difficult to say, for sure. It's almost impossible to tell actually, because of regular accounting practices (I think I know you know this). It's safe to say that it wasn't going to the workers or even the middle managers (lol). That acquisition though 
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Mar 26, 2020 05:22
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please continue to post margins, we are all good here. fine, how are you? Post your FEIN , sit down, chill out. canadians also welcome Here is how to find your CEIN if you're a Canadian! Wanna find out how much your bosses make? Post. Them. Margins. HiroProtagonist fucked around with this message at 05:34 on Mar 26, 2020 |
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Mar 26, 2020 05:25
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HiroProtagonist posted:
You got it
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Mar 26, 2020 06:05
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Moneyball posted:You got it if you quit posting before I receive adequate healthcare, I will personally butter my own self up please don't make me do this
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Mar 26, 2020 06:10
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nvm
HiroProtagonist fucked around with this message at 17:27 on Mar 26, 2020 |
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Mar 26, 2020 06:21
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9.6% margin, 1.8% EBIT... on a vast sea of revenue. Insurance is a funny business.
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Mar 26, 2020 16:47
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HiroProtagonist posted:if you quit posting before I receive adequate healthcare, I will personally butter my own self up Let's not talk about my margins, by the way.
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Mar 26, 2020 17:38
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Moneyball posted:Let's not talk about my margins, by the way. low taxes anyway I bet
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Mar 26, 2020 17:44
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How is this protected information? It’s publicly available for the big public companies. And a positive margin is not a necessary indicator of evilness. Uber has had a negative margin it’s entire life and it’s a horrific company.
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Mar 28, 2020 19:11
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Vomik posted:How is this protected information? It’s publicly available for the big public companies. And a positive margin is not a necessary indicator of evilness. Uber has had a negative margin it’s entire life and it’s a horrific company. Private companies like to hide it.
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Mar 28, 2020 22:03
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Vomik posted:How is this protected information? It’s publicly available for the big public companies. And a positive margin is not a necessary indicator of evilness. Uber has had a negative margin it’s entire life and it’s a horrific company. Sundae posted:Private companies like to hide it. Margin isn't revenue, it's markup, aka "fee," and it has nothing to do with retail or anything like that either. And it's held pretty close to the vest, to the point where after-work conversations talking about pricing get shushed because "we don't want to be talking too much about our margin in public" (this is a thing and not even specific to me, either) It''s pretty specific to government contractors, who are all, currently, making hay off this crisis. So--post em!
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Mar 29, 2020 07:42
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let me put this in terms that people who may be privy to this information without realizing it but also may not understand cost-accounting: it is the poo poo that gets layered on top of the billable rate That thing there, that can make it oh-so-trivially-easy to undercut, and which companies are absurdly protective of, instead of their employees.
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Mar 29, 2020 07:48
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what? in the civilized world, billable rate for professional services includes the margin. you don't bill at your cost.
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Mar 30, 2020 23:02
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KYOON GRIFFEY JR posted:what? in the civilized world, billable rate for professional services includes the margin. you don't bill at your cost. See op
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Mar 31, 2020 01:18
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HiroProtagonist posted:Margin isn't revenue, it's markup, aka "fee," and it has nothing to do with retail or anything like that either. And it's held pretty close to the vest, to the point where after-work conversations talking about pricing get shushed because "we don't want to be talking too much about our margin in public" (this is a thing and not even specific to me, either) I didn’t say revenue.
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Mar 31, 2020 09:16
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Vomik posted:I didn’t say revenue. Because that would still not be margin and Uber's negative revenue is not its margin.
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Mar 31, 2020 15:00
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What in the heck is this?
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Mar 31, 2020 16:09
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greasyhands posted:What in the heck is this?
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Mar 31, 2020 21:04
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HiroProtagonist posted:Because that would still not be margin and Uber's negative revenue is not its margin. Uber doesn’t have negative revenue
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Apr 6, 2020 07:48
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HiroProtagonist posted:Because that would still not be margin and Uber's negative revenue is not its margin. i dont think you understand revenue and margin
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Apr 6, 2020 15:06
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so long as this is the thread for dumb: we are bootstrapping a startup via consulting income why the gently caress is it that the higher our prices, the higher the close rate on contracts
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Apr 6, 2020 17:01
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Tim Thomas posted:so long as this is the thread for dumb: When clients don't understand the work being done price is the only information they have. So they figure price is equivalent to quality. I've seen this large scale with senior executives suffering extreme cognitive dissonance when told their bloated, expensive, highly technical department is actually very under-performing: "They must be great! I'm paying so much for them!".
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Apr 6, 2020 17:23
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Slow Motion posted:When clients don't understand the work being done price is the only information they have. So they figure price is equivalent to quality. I've seen this large scale with senior executives suffering extreme cognitive dissonance when told their bloated, expensive, highly technical department is actually very under-performing: "They must be great! I'm paying so much for them!". I get that in general, but this is such a niche industry (plasma/particle accelerator capital equipment and end applications/regulatory support) that you’d think that people would have some idea of what they’re paying for
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Apr 6, 2020 18:10
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Slow Motion posted:When clients don't understand the work being done price is the only information they have. So they figure price is equivalent to quality. I've seen this large scale with senior executives suffering extreme cognitive dissonance when told their bloated, expensive, highly technical department is actually very under-performing: "They must be great! I'm paying so much for them!".
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Apr 6, 2020 22:58
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my bonus is based on hitting 30% each quarter. we're usually ~32%
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Apr 6, 2020 23:09
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Tim Thomas posted:so long as this is the thread for dumb: I seem to remember hearing when Microsoft first introduced office they thought they’d beat lotus by offering it cheaper but it didn’t. Then when they raised the prices companies thought it meant it ws enterprise grade so it helped them. The answer is the business world is run by idiots, and our economy is a house of cards
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Apr 10, 2020 16:09
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This thread is only funny if you're super old like me and can remember learning about things like margins and EBITDA in school. All those silly numbers we used to pay such close attention to, back before the massive scale of buybacks in every industry made all those old metrics seem unimportant. The director of my group is working on getting into flying just because he got bored with sailing after his third boat. Equity based compensation is a real mother fucker.
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Apr 11, 2020 11:55
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KYOON GRIFFEY JR posted:i dont think you understand revenue and margin  This thread promises to be an interesting whirlwind for those in finance/accounting and deal with revenue and margin etc.
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Apr 13, 2020 22:53
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