Wholesale Generation Co-2 (MIC:OGKB) Gross Margin %: 24.46% (As of Mar. 2026) — 43% Below Median

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What is Wholesale Generation Co-2 Gross Margin %?

Wholesale Generation Co-2 MIC:OGKB +9.39% Gross Margin % is 24.46% as of Mar. 2026, which is 43% below its 10-year median of 42.75. The stock has 5 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, Wholesale Generation Co-2 ranks worse than 56.19% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Wholesale Generation Co-2's Gross Profit for the three months ended in Mar. 2026 was ₽13,939 Mil. Wholesale Generation Co-2's Revenue for the three months ended in Mar. 2026 was ₽56,992 Mil. Therefore, Wholesale Generation Co-2's Gross Margin % for the quarter that ended in Mar. 2026 was 24.46%.

Warning Sign:

Wholesale Generation Co-2 gross margin has been in long-term decline. The average rate of decline per year is -8.7%.


The historical rank and industry rank for Wholesale Generation Co-2's Gross Margin % or its related term are showing as below:

MIC:OGKB' s Gross Margin % Range Over the Past 10 Years
Min: 28   Med: 42.75   Max: 48.36
Current: 28


During the past 13 years, the highest Gross Margin % of Wholesale Generation Co-2 was 48.36%. The lowest was 28.00%. And the median was 42.75%.

MIC:OGKB's Gross Margin % is ranked worse than
56.19% of 404 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32 vs MIC:OGKB: 28.00

Wholesale Generation Co-2 had a gross margin of 24.46% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wholesale Generation Co-2 was -8.70% per year.


Wholesale Generation Co-2  (MIC:OGKB) 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

Wholesale Generation Co-2 had a gross margin of 24.46% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Wholesale Generation Co-2 Gross Margin % Related Terms


Wholesale Generation Co-2 Gross Margin % Historical Data

* Premium members only.

The historical data trend for Wholesale Generation Co-2'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.

Wholesale Generation Co-2 Gross Margin % Chart

Wholesale Generation Co-2 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 44.64 44.60 42.67 37.62 28.60

Wholesale Generation Co-2 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 25.98 28.32 17.65 40.72 24.46

MIC:OGKB vs CEG, VST, NRG: Gross Margin % Comparison

For the Utilities - Independent Power Producers subindustry, Wholesale Generation Co-2'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.


Wholesale Generation Co-2 Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Wholesale Generation Co-2's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wholesale Generation Co-2's Gross Margin % falls into.



Wholesale Generation Co-2 Gross Margin % Calculation

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

Wholesale Generation Co-2'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 )
=50828 / 177717
=(Revenue - Cost of Goods Sold) / Revenue
=(177717 - 126889) / 177717
=28.60 %

Wholesale Generation Co-2'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 )
=13939 / 56992
=(Revenue - Cost of Goods Sold) / Revenue
=(56992 - 43053) / 56992
=24.46 %

* 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 24.46% mean?
Wholesale Generation Co-2 (MIC:OGKB) has a Gross Margin % of 24.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wholesale Generation Co-2 and its competitors. This is 43% below median its historical median of 42.75. Over the past decade, Wholesale Generation Co-2's Gross Margin % has ranged from 28.00 to 48.36. According to the industry distribution chart, Wholesale Generation Co-2 ranks #227 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 56.2%.
Is Wholesale Generation Co-2's Gross Margin % too high?
Wholesale Generation Co-2's current Gross Margin % of 24.46% is 43% below median its 10-year median of 42.75. Over the past 10 years, this metric has ranged from a low of 28.00 to a high of 48.36. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. Wholesale Generation Co-2's value of 24.46% is 21.9% below this industry median. Based on the distribution chart, Wholesale Generation Co-2 ranks #227 out of 404 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint.
How does Wholesale Generation Co-2's Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Wholesale Generation Co-2 ranks #227 out of 404 companies for Gross Margin %. This places Wholesale Generation Co-2 in the lower half of its industry. The industry median Gross Margin % is 31.32. Wholesale Generation Co-2's value of 24.46% is 21.9% below this benchmark. Historically, Wholesale Generation Co-2's own Gross Margin % has ranged from 28.00 to 48.36 over the past decade. While the company's 10-year median is 42.75 vs. the industry median of 31.32, Wholesale Generation Co-2 has consistently been below 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 - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 404 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. Wholesale Generation Co-2's current Gross Margin % of 24.46% is 21.9% below 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 Wholesale Generation Co-2 and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wholesale Generation Co-2's current Gross Margin % is 24.46%, which is 43% below median its own 10-year median of 42.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholesale Generation Co-2 stock overvalued right now?
Based on GuruFocus' analysis, Wholesale Generation Co-2 (MIC:OGKB) is currently considered Possible Value Trap. The stock's GF Value™ is ₽0.39, compared to a current price of ₽0.18 — trading 53.4% below its estimated fair value. The current Gross Margin % is 24.46%, which is 43% below median its 10-year median of 42.75 and 21.9% below the Utilities - Independent Power Producers industry median of 31.32. 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 Wholesale Generation Co-2 (MIC:OGKB), the current Gross Margin % is 24.46% 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.

Wholesale Generation Co-2 Business Description

Address Petersburg Highway, 66 building 1, lit. A, Saint Petersburg, RUS, 196140
Wholesale Generation Co-2, formerly OGK-2 JSC is a Russian company that is engaged in the business of generation and sale of electric and heat power. It mainly focuses on the production and sale of electricity and thermal energy in the wholesale market of electric energy (power). The company operates through power stations namely Kirishskaya GRES, Surgutskaya GRES-1, Novocherkasskaya GRES, Stavropolskaya GRES, Troitskaya GRES, Ryazanskaya GRES, Serovskaya among others.