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Federal Grid Company Rosseti PJSC (MIC:FEES) Operating Margin % : 19.00% (As of Jun. 2023)


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What is Federal Grid Company Rosseti PJSC Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Federal Grid Company Rosseti PJSC's Operating Income for the three months ended in Jun. 2023 was ₽61,527 Mil. Federal Grid Company Rosseti PJSC's Revenue for the three months ended in Jun. 2023 was ₽323,804 Mil. Therefore, Federal Grid Company Rosseti PJSC's Operating Margin % for the quarter that ended in Jun. 2023 was 19.00%.

The historical rank and industry rank for Federal Grid Company Rosseti PJSC's Operating Margin % or its related term are showing as below:

MIC:FEES' s Operating Margin % Range Over the Past 10 Years
Min: 18.51   Med: 32.66   Max: 44.63
Current: 19


MIC:FEES's Operating Margin % is ranked better than
65.56% of 511 companies
in the Utilities - Regulated industry
Industry Median: 12.58 vs MIC:FEES: 19.00

Federal Grid Company Rosseti PJSC's 5-Year Average Operating Margin % Growth Rate was -0.10% per year.

Federal Grid Company Rosseti PJSC's Operating Income for the three months ended in Jun. 2023 was ₽61,527 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was ₽61,527 Mil.


Federal Grid Company Rosseti PJSC Operating Margin % Historical Data

The historical data trend for Federal Grid Company Rosseti PJSC's Operating Margin % 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.

Federal Grid Company Rosseti PJSC Operating Margin % Chart

Federal Grid Company Rosseti PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.44 44.63 38.59 38.21 33.31

Federal Grid Company Rosseti PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun23
Operating Margin % 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 19.96 37.84 31.69 34.39 19.00

Competitive Comparison of Federal Grid Company Rosseti PJSC's Operating Margin %

For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Federal Grid Company Rosseti PJSC's Operating Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Federal Grid Company Rosseti PJSC's Operating Margin % falls into.



Federal Grid Company Rosseti PJSC Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Federal Grid Company Rosseti PJSC's Operating Margin % for the fiscal year that ended in Dec. 2020 is calculated as

Operating Margin %=Operating Income (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=78698 / 236266
=33.31 %

Federal Grid Company Rosseti PJSC's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=61527 / 323804
=19.00 %

* 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.


Federal Grid Company Rosseti PJSC  (MIC:FEES) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


Federal Grid Company Rosseti PJSC Operating Margin % Related Terms

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Federal Grid Company Rosseti PJSC (MIC:FEES) Business Description

Traded in Other Exchanges
N/A
Address
5A, Akademika Chelomeya Street, Moscow, RUS, 117630
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.

Federal Grid Company Rosseti PJSC (MIC:FEES) Headlines

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