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Manila Electric Co (PHS:MER) Net Margin % : 9.66% (As of Jun. 2024)


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What is Manila Electric Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Manila Electric Co's Net Income for the three months ended in Jun. 2024 was ₱12,844 Mil. Manila Electric Co's Revenue for the three months ended in Jun. 2024 was ₱132,929 Mil. Therefore, Manila Electric Co's net margin for the quarter that ended in Jun. 2024 was 9.66%.

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

PHS:MER' s Net Margin % Range Over the Past 10 Years
Min: 5.93   Med: 7.35   Max: 9.34
Current: 9.34


PHS:MER's Net Margin % is ranked better than
54.87% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.11 vs PHS:MER: 9.34

Manila Electric Co Net Margin % Historical Data

The historical data trend for Manila Electric Co'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.

Manila Electric Co Net Margin % Chart

Manila Electric Co 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 7.32 5.93 7.38 6.67 8.57

Manila Electric Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.21 9.55 8.88 9.18 9.66

Competitive Comparison of Manila Electric Co's Net Margin %

For the Utilities - Regulated Electric subindustry, Manila Electric Co'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.


Manila Electric Co's Net Margin % Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Manila Electric Co's Net Margin % falls into.



Manila Electric Co 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.

Manila Electric Co'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 )
=38023/443612
=8.57 %

Manila Electric Co'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 )
=12844/132929
=9.66 %

* 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.


Manila Electric Co  (PHS:MER) 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.


Manila Electric Co Net Margin % Related Terms

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Manila Electric Co Business Description

Traded in Other Exchanges
N/A
Address
Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

Manila Electric Co Headlines

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