Italgas SpA (LTS:0RK1) Net Margin % : 19.90% (As of Jun. 2024)

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What is Italgas SpA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Italgas SpA's Net Income for the six months ended in Jun. 2024 was €234 Mil. Italgas SpA's Revenue for the six months ended in Jun. 2024 was €1,178 Mil. Therefore, Italgas SpA's net margin for the quarter that ended in Jun. 2024 was 19.90%.

The historical rank and industry rank for Italgas SpA's Net Margin % or its related term are showing as below:

LTS:0RK1' s Net Margin % Range Over the Past 10 Years
Min: -29.06 Med: 18.22 Max: 22.39
Current: 18.37

LTS:0RK1's Net Margin % is ranked better than
81.75% of 504 companies
in the Utilities - Regulated industry
Industry Median: 8.14 vs LTS:0RK1: 18.37

Italgas SpA Net Margin % Historical Data

The historical data trend for Italgas SpA's Net 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.

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Italgas SpA Net Margin % Chart

Italgas SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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22.39

18.36

17.01

18.13

16.85

Italgas SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Margin %	Get a 7-Day Free Trial											18.13	18.14	16.67	17.02	19.90

Competitive Comparison of Italgas SpA's Net Margin %

For the Utilities - Regulated Gas subindustry, Italgas SpA's Net Margin %, along with its competitors' market caps and Net 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.

Italgas SpA's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Italgas SpA's Net Margin % falls into.

Italgas SpA Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Italgas SpA's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	439.568	/	2608.444
	=	16.85 %

Italgas SpA's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin	=	Net Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	234.375	/	1177.796
	=	19.90 %

Italgas SpA (LTS:0RK1) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Italgas SpA Net Margin % Related Terms

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Italgas SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Italgas SpA (LTS:0RK1) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

ITGGF:USA IG:Italy IGm:UK I10:Germany

Address

Via Carlo Bo 11, Milano, ITA, 20143

Website

https://www.italgas.it

Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.

Italgas SpA Headlines

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