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AB Ignitis Grupe (FRA:IGV0) Operating Income : €340 Mil (TTM As of Mar. 2024)


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What is AB Ignitis Grupe Operating Income?

AB Ignitis Grupe's Operating Income for the three months ended in Mar. 2024 was €147 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was €340 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. AB Ignitis Grupe's Operating Income for the three months ended in Mar. 2024 was €147 Mil. AB Ignitis Grupe's Revenue for the three months ended in Mar. 2024 was €651 Mil. Therefore, AB Ignitis Grupe's Operating Margin % for the quarter that ended in Mar. 2024 was 22.53%.

Good Sign:

AB Ignitis Grupe operating margin is expanding. Margin expansion is usually a good sign.

AB Ignitis Grupe's 5-Year average Growth Rate for Operating Margin % was 41.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AB Ignitis Grupe's annualized ROC % for the quarter that ended in Mar. 2024 was 10.91%. AB Ignitis Grupe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.30%.


AB Ignitis Grupe Operating Income Historical Data

The historical data trend for AB Ignitis Grupe's Operating Income 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.

AB Ignitis Grupe Operating Income Chart

AB Ignitis Grupe Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial 95.76 230.31 200.20 414.90 355.70

AB Ignitis Grupe Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income Get a 7-Day Free Trial 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 157.30 7.30 67.60 118.20 146.60

AB Ignitis Grupe Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €340 Mil.

* 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.


AB Ignitis Grupe  (FRA:IGV0) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

AB Ignitis Grupe's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=586.4 * ( 1 - 14.79% )/( (4592.8 + 4569)/ 2 )
=499.67144/4580.9
=10.91 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

AB Ignitis Grupe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=606.8/( ( (3412.4 + max(71.7, 0)) + (3532.2 + max(-88.6, 0)) )/ 2 )
=606.8/( ( 3484.1 + 3532.2 )/ 2 )
=606.8/3508.15
=17.30 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(265.9 + 274.8 + 122.4) - (336.4 + 0 + 255)
=71.7

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(237.6 + 229.5 + 54.9) - (472.8 + 0 + 137.8)
=-88.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

AB Ignitis Grupe's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=146.6/650.7
=22.53 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, 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 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.


AB Ignitis Grupe Operating Income Related Terms

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AB Ignitis Grupe (FRA:IGV0) Business Description

Traded in Other Exchanges
Address
Laisves Avenue 10, Vilnius, LTU, LT-04215
AB Ignitis Grupe is a utility and renewable energy company in the Baltic region. The group's core business is focused on operating electricity and gas distribution networks. It operates in four segments: Customers & Solutions, which is into electricity and gas supply, trading and balancing, energy efficiency projects, construction of solar power plants for businesses and residents, installation and operation of electric vehicle charging stations, and energy solutions; Networks segment, which is engaged in the operation, maintenance, management and development of electricity and gas distribution networks; Green Generation segment; and Flexible Generation segment. The vast majority of the revenue comes from the Customers & Solutions and Network segments.

AB Ignitis Grupe (FRA:IGV0) Headlines

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