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PT Perusahaan Gas Negara Tbk (PT Perusahaan Gas Negara Tbk) Operating Margin %

: 16.87% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. PT Perusahaan Gas Negara Tbk's Operating Income for the three months ended in Dec. 2023 was $161 Mil. PT Perusahaan Gas Negara Tbk's Revenue for the three months ended in Dec. 2023 was $956 Mil. Therefore, PT Perusahaan Gas Negara Tbk's Operating Margin % for the quarter that ended in Dec. 2023 was 16.87%.

Good Sign:

PT Perusahaan Gas Negara Tbk operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for PT Perusahaan Gas Negara Tbk's Operating Margin % or its related term are showing as below:

PPAAY' s Operating Margin % Range Over the Past 10 Years
Min: 3.03   Med: 16.78   Max: 28.02
Current: 14.25


PPAAY's Operating Margin % is ranked better than
54.1% of 512 companies
in the Utilities - Regulated industry
Industry Median: 12.505 vs PPAAY: 14.25

PT Perusahaan Gas Negara Tbk's 5-Year Average Operating Margin % Growth Rate was 3.10% per year.

PT Perusahaan Gas Negara Tbk's Operating Income for the three months ended in Dec. 2023 was $161 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $520 Mil.


PT Perusahaan Gas Negara Tbk Operating Margin % Historical Data

The historical data trend for PT Perusahaan Gas Negara Tbk'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.

PT Perusahaan Gas Negara Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.00 3.03 17.23 16.32 14.25

PT Perusahaan Gas Negara Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 10.03 15.13 13.34 11.45 16.87

Competitive Comparison

For the Utilities - Regulated Gas subindustry, PT Perusahaan Gas Negara Tbk'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.


PT Perusahaan Gas Negara Tbk Operating Margin % Distribution

For the Utilities - Regulated industry and Utilities sector, PT Perusahaan Gas Negara Tbk's Operating Margin % distribution charts can be found below:

* The bar in red indicates where PT Perusahaan Gas Negara Tbk's Operating Margin % falls into.



PT Perusahaan Gas Negara Tbk 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.

PT Perusahaan Gas Negara Tbk'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 )
=519.749 / 3646.304
=14.25 %

PT Perusahaan Gas Negara Tbk'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 )
=161.189 / 955.636
=16.87 %

* 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.


PT Perusahaan Gas Negara Tbk  (OTCPK:PPAAY) 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.


PT Perusahaan Gas Negara Tbk Operating Margin % Related Terms

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PT Perusahaan Gas Negara Tbk (PT Perusahaan Gas Negara Tbk) Business Description

Traded in Other Exchanges
Address
Jalan KH. Zainul Arifin Number 20, Jakarta, IDN, 11140
PT Perusahaan Gas Negara Tbk, or PGN, is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is primarily involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.

PT Perusahaan Gas Negara Tbk (PT Perusahaan Gas Negara Tbk) Headlines

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