Fortum OyjMEX:FORTUMN 58 Net Margin % is 21.13% as of Mar. 2026, which is 46% above its 10-year median of 14.50. GuruFocus rates MEX:FORTUMN with a GF Score™ of 58/100 and a GF Value™ of MXN153.02. The stock has 4 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, Fortum Oyj ranks better than 72.45% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Fortum Oyj's Net Income for the
three
months ended in Mar. 2026 was MXN8,777 Mil. Fortum Oyj's Revenue for the
three
months ended in Mar. 2026 was MXN41,527 Mil. Therefore, Fortum Oyj's net margin for the quarter that ended in Mar. 2026 was 21.13%.
The historical rank and industry rank for Fortum Oyj's Net Margin % or its related term are showing as below:
MEX:FORTUMN'
s Net Margin % Range Over the Past 10 Years
Min: -31.08 Med: 14.5 Max: 27.21
Current: 15.42
MEX:FORTUMN's Net Margin % is ranked better than 72.45% of 421
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.17
vs MEX:FORTUMN: 15.42
Fortum Oyj (MEX:FORTUMN) 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.
Fortum Oyj Net Margin % Related Terms
Fortum Oyj Net Margin % Historical Data
* Premium members only.
The historical data trend for Fortum Oyj'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.
For the Utilities - Renewable subindustry, Fortum Oyj'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.
Fortum Oyj Net Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's Net Margin % distribution charts can be found below:
* The bar in red indicates where Fortum Oyj's Net Margin % falls into.
* 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.
Fortum Oyj (MEX:FORTUMN) has a Net Margin % of 21.13% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Fortum Oyj and its competitors. This is 46% above median its historical median of 14.50. According to the industry distribution chart, Fortum Oyj ranks #116 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 27.6%.
Is Fortum Oyj's Net Margin % too high?
Fortum Oyj's current Net Margin % of 21.13% is 46% above median its 10-year median of 14.50. The Utilities - Independent Power Producers industry median Net Margin % is 6.17. Fortum Oyj's value of 21.13% is 242.5% above this industry median. Based on the distribution chart, Fortum Oyj ranks #116 out of 421 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Fortum Oyj has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Fortum Oyj's Net Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Fortum Oyj ranks #116 out of 421 companies for Net Margin %. This puts Fortum Oyj in the upper half of its industry. The industry median Net Margin % is 6.17. Fortum Oyj's value of 21.13% is 242.5% above this benchmark. While the company's 10-year median is 14.50 vs. the industry median of 6.17, Fortum Oyj 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 Net Margin % for an Utilities - Independent Power Producers company?
The median Net Margin % among Utilities - Independent Power Producers companies is 6.17, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortum Oyj's current Net Margin % of 21.13% is 242.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Fortum Oyj and its competitors. For the Utilities - Independent Power Producers industry, the median Net Margin % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortum Oyj's current Net Margin % is 21.13%, which is 46% above median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortum Oyj stock overvalued right now?
Fortum Oyj (MEX:FORTUMN) has a current Net Margin % of 21.13%. The stock's GF Value™ is MXN153.02, compared to a current price of MXN241.57 — trading 57.9% above its estimated fair value. The current Net Margin % is 21.13%, which is 46% above median its 10-year median of 14.50 and 242.5% above the Utilities - Independent Power Producers industry median of 6.17. Fortum Oyj's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Fortum Oyj (MEX:FORTUMN), the current Net Margin % is 21.13% 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 Fortum Oyj (MEX:FORTUMN) Overvalued in 2026?
Based on GuruFocus' analysis, Fortum Oyj stock appears to be overvalued.
The current stock price of MXN241.57 is trading 57.9% above its estimated GF Value™ of MXN153.02.
Key valuation signals for MEX:FORTUMN:
Net Margin %: 21.13% (46% above median its 10-year median of 14.50)
GF Value™: MXN153.02 vs. price of MXN241.57 (57.9% above fair value)
Industry Position: 242.5% above the Utilities - Independent Power Producers median (#116 of 421)
No single metric tells the full story. See the MEX:FORTUMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortum Oyj is a Finnish energy company that operates power plants that use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, Consumer Solutions, and Other Operations.
58GF Score
Get the complete analysis for MEX:FORTUMN
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:FORTUMN has been successfully added to your 
