yellowdog's Blog

Well put. I could go with saving on fuel. We have mainly diesel vehicles because he pulls a lot of weight in his line work ie- skid steer, machines , steel ,and forms and is sold on the power stroke. It's all expensive, but when he is running two trucks a day and the typical drive to the job is an hour to an hour and a half it adds up quick. Amen on haliburton.

I thought Wal-Mart was the evil satan?

Profit margin:
A ratio of profitability calculated as net income divided by revenues, or net profits divided by sales. It measures how much out of every dollar of sales a company actually keeps in earnings.

Profit margin is very useful when comparing companies in similar industries. A higher profit margin indicates a more profitable company that has better control over its costs compared to its competitors. Profit margin is displayed as a percentage; a 20% profit margin, for example, means the company has a net income of $0.20 for each dollar of sales.

Looking at the earnings of a company often doesn't tell the entire story. Increased earnings are good, but an increase does not mean that the profit margin of a company is improving. For instance, if a company has costs that have increased at a greater rate than sales, it leads to a lower profit margin. This is an indication that costs need to be under better control.

Imagine a company has a net income of $10 million from sales of $100 million, giving it a profit margin of 10% ($10 million/$100 million). If in the next year net income rises to $15 million on sales of $200 million, the company's profit margin would fall to 7.5%. So while the company increased its net income, it has done so with diminishing profit margins.

This post states Earnings.

Well dog, I think you will never get it no matter how many times it is explained to you.
Yes they made 11 billion in profit. But.
They had 138 billion in sales! That is less than a 9% profit! That pales in comparison to the 11.6% for the companies that make up the Dow Jones industrials!

Don't they deserve to turn a profit? Why would you deny them less that 9 cents on a dollar?
Should they do it for free? You seem to think so, in fact you want them to do it for a major loss!

Let's see. At 4 bucks a gallon, they are making roughly 30 cents per gallon. You want them to drop the price "a couple of bucks a gallon."
So now instead of making 30 cents per gallon, it would cost them $1.70 per gallon to provide gasoline. Do you think they will do that?

Would you?