Adj. EBITDA margin

Cash operating margin, before stock compensation

One of the 61 measures in Stock Scorer, under Quality — How much of the revenue is really kept — and what did it take to earn it?

How it is worked out

(Operating income + depreciation and amortisation + share-based compensation) ÷ revenue × 100

Adjusted EBITDA margin. Depreciation and amortisation are the yearly write-down of assets already paid for, so adding them back shows profit before non-cash charges. The only non-GAAP figure in the model.

How to read it

the one non-GAAP input, on the same scale as the first

Which figures it needs

Computed from 4 figures taken from the filing:

• operating_income
• dep_amort
• sbc
• revenue

The XBRL tags behind it

These are the element names looked for in a filing, in order. The first one a company reports is the one used, and the company page names which it was — so any figure here can be checked against the filing it came from.

• OperatingIncomeLoss
• ProfitLossFromOperatingActivities
• DepreciationDepletionAndAmortization
• DepreciationAmortizationAndAccretionNet
• DepreciationAndAmortization
• Depreciation
• DepreciationAndAmortisationExpense
• DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
• AdjustmentsForDepreciationAndAmortisationExpense
• AdjustmentsForDepreciationExpense
• DepreciationExpense
• DepreciationPropertyPlantAndEquipment
• ShareBasedCompensation
• AllocatedShareBasedCompensationExpense
• ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost
• ShareBasedPaymentsExpense
• ExpenseFromSharebasedPaymentTransactionsWithEmployees
• AdjustmentsForSharebasedPayments
• ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets
• CompensationExpenseShareBasedPayments
• RevenueFromContractWithCustomerExcludingAssessedTax
• Revenues
• RevenueFromContractWithCustomerIncludingAssessedTax
• SalesRevenueNet
• SalesRevenueServicesNet
• RevenueFromContractsWithCustomers
• Revenue

Whether it counts

This measure is counted in Quality by default. It can be taken out on the dashboard, and the dimension is then measured over whatever is left.