REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) Gross Margin %: 83.86% (As of Mar. 2026) — 10% Above Median


MEX:RENEN REN-Redes Energeticas Nacionais Sgps SA MEX:RENEN
83 GF Score
Price MXN45.23
GF Value MXN36.90
! 11 Warning Signs
View Full Analysis

What is REN-Redes Energeticas Nacionais Sgps Gross Margin %?

REN-Redes Energeticas Nacionais Sgps MEX:RENEN 83 Gross Margin % is 83.86% as of Mar. 2026, which is 10% above its 10-year median of 76.51. GuruFocus rates MEX:RENEN with a GF Score™ of 83/100 and a GF Value™ of MXN36.90. The stock has 11 warning signs investors should review. Among 489 Utilities - Regulated companies, REN-Redes Energeticas Nacionais Sgps ranks better than 90.18% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. REN-Redes Energeticas Nacionais Sgps's Gross Profit for the three months ended in Mar. 2026 was MXN3,789 Mil. REN-Redes Energeticas Nacionais Sgps's Revenue for the three months ended in Mar. 2026 was MXN4,518 Mil. Therefore, REN-Redes Energeticas Nacionais Sgps's Gross Margin % for the quarter that ended in Mar. 2026 was 83.86%.

Warning Sign:

REN-Redes Energeticas Nacionais Sgps SA gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


The historical rank and industry rank for REN-Redes Energeticas Nacionais Sgps's Gross Margin % or its related term are showing as below:

MEX:RENEN' s Gross Margin % Range Over the Past 10 Years
Min: 64.5   Med: 76.51   Max: 84.95
Current: 66.45


During the past 13 years, the highest Gross Margin % of REN-Redes Energeticas Nacionais Sgps was 84.95%. The lowest was 64.50%. And the median was 76.51%.

MEX:RENEN's Gross Margin % is ranked better than
90.18% of 489 companies
in the Utilities - Regulated industry
Industry Median: 30.88 vs MEX:RENEN: 66.45

REN-Redes Energeticas Nacionais Sgps had a gross margin of 83.86% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for REN-Redes Energeticas Nacionais Sgps was -3.70% per year.


REN-Redes Energeticas Nacionais Sgps  (MEX:RENEN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

REN-Redes Energeticas Nacionais Sgps had a gross margin of 83.86% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


REN-Redes Energeticas Nacionais Sgps Gross Margin % Related Terms


REN-Redes Energeticas Nacionais Sgps Gross Margin % Historical Data

* Premium members only.

The historical data trend for REN-Redes Energeticas Nacionais Sgps's Gross 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.

REN-Redes Energeticas Nacionais Sgps Gross Margin % Chart

REN-Redes Energeticas Nacionais Sgps Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.56 75.34 69.84 67.55 64.50

REN-Redes Energeticas Nacionais Sgps Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross 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 74.56 70.02 59.64 57.23 83.86

MEX:RENEN vs SRE, AES: Gross Margin % Comparison

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps's Gross Margin %, along with its competitors' market caps and Gross 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.


REN-Redes Energeticas Nacionais Sgps Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Gross Margin % distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Gross Margin % falls into.


MEX:RENEN
83GF Score
REN-Redes Energeticas Nacionais Sgps SA MEX:RENEN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

REN-Redes Energeticas Nacionais Sgps Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

REN-Redes Energeticas Nacionais Sgps's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=13865.8 / 21498.047
=(Revenue - Cost of Goods Sold) / Revenue
=(21498.047 - 7632.224) / 21498.047
=64.50 %

REN-Redes Energeticas Nacionais Sgps's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3789.2 / 4518.328
=(Revenue - Cost of Goods Sold) / Revenue
=(4518.328 - 729.084) / 4518.328
=83.86 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 83.86% mean?
REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) has a Gross Margin % of 83.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on REN-Redes Energeticas Nacionais Sgps and its competitors. This is 10% above median its historical median of 76.51. Over the past decade, REN-Redes Energeticas Nacionais Sgps' Gross Margin % has ranged from 64.50 to 84.95. According to the industry distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #48 out of 489 companies in the Utilities - Regulated industry, placing it in the top 9.8%.
Is REN-Redes Energeticas Nacionais Sgps' Gross Margin % too high?
REN-Redes Energeticas Nacionais Sgps' current Gross Margin % of 83.86% is 10% above median its 10-year median of 76.51. Over the past 10 years, this metric has ranged from a low of 64.50 to a high of 84.95. The Utilities - Regulated industry median Gross Margin % is 30.88. REN-Redes Energeticas Nacionais Sgps' value of 83.86% is 171.6% above this industry median. Based on the distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #48 out of 489 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, REN-Redes Energeticas Nacionais Sgps has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does REN-Redes Energeticas Nacionais Sgps' Gross Margin % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #48 out of 489 companies for Gross Margin %. This places REN-Redes Energeticas Nacionais Sgps in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.88. REN-Redes Energeticas Nacionais Sgps' value of 83.86% is 171.6% above this benchmark. Historically, REN-Redes Energeticas Nacionais Sgps' own Gross Margin % has ranged from 64.50 to 84.95 over the past decade. While the company's 10-year median is 76.51 vs. the industry median of 30.88, REN-Redes Energeticas Nacionais Sgps has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. REN-Redes Energeticas Nacionais Sgps's current Gross Margin % of 83.86% is 171.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on REN-Redes Energeticas Nacionais Sgps and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REN-Redes Energeticas Nacionais Sgps's current Gross Margin % is 83.86%, which is 10% above median its own 10-year median of 76.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REN-Redes Energeticas Nacionais Sgps stock overvalued right now?
REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) has a current Gross Margin % of 83.86%. The stock's GF Value™ is MXN36.90, compared to a current price of MXN45.23 — trading 22.6% above its estimated fair value. The current Gross Margin % is 83.86%, which is 10% above median its 10-year median of 76.51 and 171.6% above the Utilities - Regulated industry median of 30.88. REN-Redes Energeticas Nacionais Sgps' overall GF Score™ is 83/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For REN-Redes Energeticas Nacionais Sgps (MEX:RENEN), the current Gross Margin % is 83.86% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) Overvalued in 2026?

Based on GuruFocus' analysis, REN-Redes Energeticas Nacionais Sgps stock appears to be overvalued. The current stock price of MXN45.23 is trading 22.6% above its estimated GF Value™ of MXN36.90.

Key valuation signals for MEX:RENEN:

  • Gross Margin %: 83.86% (10% above median its 10-year median of 76.51)
  • GF Value™: MXN36.90 vs. price of MXN45.23 (22.6% above fair value)
  • GF Score™: 83/100 with 11 warning signs
  • Industry Position: 171.6% above the Utilities - Regulated median (#48 of 489)

No single metric tells the full story. See the MEX:RENEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


REN-Redes Energeticas Nacionais Sgps Business Description

Address Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
REN-Redes Energeticas Nacionais Sgps SA is an energy and utility company that operates as the primary concession holder for electricity transmission and natural gas transportation in Portugal. It manages the national high-voltage electricity grid, high-pressure natural gas pipelines, LNG terminal, and underground storage, focusing on energy transition, sustainability, and security of supply. The Group presently has two main business segments, Electricity and Gas, and a secondary business of Telecommunications.
83GF Score

Get the complete analysis for MEX:RENEN

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN45.23
Price
MXN36.90
GF Value