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AS Latvijas Gaze (ORSE:GZE1R) Net Margin % : 24.24% (As of Mar. 2024)


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What is AS Latvijas Gaze Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. AS Latvijas Gaze's Net Income for the three months ended in Mar. 2024 was €8.7 Mil. AS Latvijas Gaze's Revenue for the three months ended in Mar. 2024 was €36.0 Mil. Therefore, AS Latvijas Gaze's net margin for the quarter that ended in Mar. 2024 was 24.24%.

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

ORSE:GZE1R' s Net Margin % Range Over the Past 10 Years
Min: -50.12   Med: 6.2   Max: 10.91
Current: -50.12


ORSE:GZE1R's Net Margin % is not ranked
in the Utilities - Regulated industry.
Industry Median: 8.14 vs ORSE:GZE1R: -50.12

AS Latvijas Gaze Net Margin % Historical Data

The historical data trend for AS Latvijas Gaze'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.

* Premium members only.

AS Latvijas Gaze Net Margin % Chart

AS Latvijas Gaze Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 5.87 0.62 3.68 -35.61

AS Latvijas Gaze Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 8.18 25.99 -270.09 -81.44 24.24

Competitive Comparison of AS Latvijas Gaze's Net Margin %

For the Utilities - Regulated Gas subindustry, AS Latvijas Gaze'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.


AS Latvijas Gaze's Net Margin % Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where AS Latvijas Gaze's Net Margin % falls into.



AS Latvijas Gaze 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.

AS Latvijas Gaze'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 )
=-56.911/159.819
=-35.61 %

AS Latvijas Gaze's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=8.737/36.041
=24.24 %

* 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.


AS Latvijas Gaze  (ORSE:GZE1R) 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.


AS Latvijas Gaze Net Margin % Related Terms

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AS Latvijas Gaze Business Description

Traded in Other Exchanges
N/A
Address
6 Aristida Bri?na Street, Riga, LVA, LV-1001
AS Latvijas Gaze is a Latvia-based company, which is engaged in the energy supply sector. The operation of the group is the transmission, storage, distribution, and sales of natural gas in Latvia. The operating business segments are the Natural gas sales & trading segment and distribution segment. The Natural gas sales & trading segment comprises the purchase, trade, and sale of natural gas. The Distribution segment provides natural gas distribution services in Latvia. The maximum revenue of the company is derived from the Natural gas sales & trading segment.

AS Latvijas Gaze Headlines

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