Terna SpAMEX:TRN1N 84 Net Margin % is 27.97% as of Mar. 2026, which is 9% below its 10-year median of 30.82. GuruFocus rates MEX:TRN1N with a GF Score™ of 84/100. The stock has 3 warning signs investors should review. Among 501 Utilities - Regulated companies, Terna SpA ranks better than 90.82% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Terna SpA's Net Income for the
three
months ended in Mar. 2026 was MXN5,764.21 Mil. Terna SpA's Revenue for the
three
months ended in Mar. 2026 was MXN20,611.48 Mil. Therefore, Terna SpA's net margin for the quarter that ended in Mar. 2026 was 27.97%.
The historical rank and industry rank for Terna SpA's Net Margin % or its related term are showing as below:
MEX:TRN1N'
s Net Margin % Range Over the Past 10 Years
Min: 27.77 Med: 30.82 Max: 32.77
Current: 27.41
MEX:TRN1N's Net Margin % is ranked better than 90.82% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs MEX:TRN1N: 27.41
Terna SpA (MEX:TRN1N) 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.
Terna SpA Net Margin % Related Terms
Terna SpA Net Margin % Historical Data
* Premium members only.
The historical data trend for Terna 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.
MEX:TRN1N vs NEE, SO, DUK: Net Margin % Comparison
For the Utilities - Regulated Electric subindustry, Terna 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.
Terna SpA Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Terna SpA's Net Margin % distribution charts can be found below:
* The bar in red indicates where Terna SpA'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.
Terna SpA (MEX:TRN1N) has a Net Margin % of 27.97% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Terna SpA and its competitors. This is near median its historical median of 30.82. Over the past decade, Terna SpA's Net Margin % has ranged from 27.77 to 32.77. According to the industry distribution chart, Terna SpA ranks #46 out of 501 companies in the Utilities - Regulated industry, placing it in the top 9.2%.
Is Terna SpA's Net Margin % too high?
Terna SpA's current Net Margin % of 27.97% is near median its 10-year median of 30.82. Over the past 10 years, this metric has ranged from a low of 27.77 to a high of 32.77. The Utilities - Regulated industry median Net Margin % is 8.80. Terna SpA's value of 27.97% is 217.8% above this industry median. Based on the distribution chart, Terna SpA ranks #46 out of 501 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Terna SpA has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's Net Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Terna SpA ranks #46 out of 501 companies for Net Margin %. This places Terna SpA in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 8.80. Terna SpA's value of 27.97% is 217.8% above this benchmark. Historically, Terna SpA's own Net Margin % has ranged from 27.77 to 32.77 over the past decade. While the company's 10-year median is 30.82 vs. the industry median of 8.80, Terna SpA 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 - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 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. Terna SpA's current Net Margin % of 27.97% is 217.8% 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 Terna SpA and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terna SpA's current Net Margin % is 27.97%, which is near median its own 10-year median of 30.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Terna SpA (MEX:TRN1N) has a current Net Margin % of 27.97%. The current Net Margin % is 27.97%, which is near median its 10-year median of 30.82 and 217.8% above the Utilities - Regulated industry median of 8.80. Terna SpA's overall GF Score™ is 84/100 with 3 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 Terna SpA (MEX:TRN1N), the current Net Margin % is 27.97% 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.
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:TRN1N has been successfully added to your 