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Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Operating Margin % : 44.50% (As of Dec. 2023)


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What is Transmissora Alianca de Energia Eletrica Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Transmissora Alianca de Energia Eletrica's Operating Income for the three months ended in Dec. 2023 was R$580 Mil. Transmissora Alianca de Energia Eletrica's Revenue for the three months ended in Dec. 2023 was R$1,304 Mil. Therefore, Transmissora Alianca de Energia Eletrica's Operating Margin % for the quarter that ended in Dec. 2023 was 44.50%.

Warning Sign:

Transmissora Alianca de Energia Eletrica SA operating margin has been in a 5-year decline. The average rate of decline per year is -1.1%.

The historical rank and industry rank for Transmissora Alianca de Energia Eletrica's Operating Margin % or its related term are showing as below:

BSP:TAEE4' s Operating Margin % Range Over the Past 10 Years
Min: 56.73   Med: 71.03   Max: 85.62
Current: 56.73


BSP:TAEE4's Operating Margin % is ranked better than
98.05% of 512 companies
in the Utilities - Regulated industry
Industry Median: 12.435 vs BSP:TAEE4: 56.73

Transmissora Alianca de Energia Eletrica's 5-Year Average Operating Margin % Growth Rate was -1.10% per year.

Transmissora Alianca de Energia Eletrica's Operating Income for the three months ended in Dec. 2023 was R$580 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was R$1,907 Mil.


Transmissora Alianca de Energia Eletrica Operating Margin % Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Operating Margin % Chart

Transmissora Alianca de Energia Eletrica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.62 66.29 76.43 71.71 56.74

Transmissora Alianca de Energia Eletrica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 42.03 78.25 57.36 57.63 44.50

Competitive Comparison of Transmissora Alianca de Energia Eletrica's Operating Margin %

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.


Transmissora Alianca de Energia Eletrica's Operating Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Operating Margin % falls into.



Transmissora Alianca de Energia Eletrica 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.

Transmissora Alianca de Energia Eletrica's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1907.568 / 3362.116
=56.74 %

Transmissora Alianca de Energia Eletrica's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=580.376 / 1304.133
=44.50 %

* 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.


Transmissora Alianca de Energia Eletrica  (BSP:TAEE4) 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.


Transmissora Alianca de Energia Eletrica Operating Margin % Related Terms

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Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Headlines

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