Natural Gas Distribution Co (SAU:9516) Net Margin % : 2.75% (As of Jun. 2024)

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What is Natural Gas Distribution Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Natural Gas Distribution Co's Net Income for the six months ended in Jun. 2024 was ﷼1.49 Mil. Natural Gas Distribution Co's Revenue for the six months ended in Jun. 2024 was ﷼54.32 Mil. Therefore, Natural Gas Distribution Co's net margin for the quarter that ended in Jun. 2024 was 2.75%.

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

SAU:9516' s Net Margin % Range Over the Past 10 Years
Min: 3.07 Med: 3.85 Max: 4.07
Current: 3.07

SAU:9516's Net Margin % is ranked worse than
72.52% of 524 companies
in the Utilities - Regulated industry
Industry Median: 8.115 vs SAU:9516: 3.07

Natural Gas Distribution Co Net Margin % Historical Data

The historical data trend for Natural Gas Distribution 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.

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Natural Gas Distribution Co Net Margin % Chart

Natural Gas Distribution Co Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

4.07

3.62

Natural Gas Distribution Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Margin %	Get a 7-Day Free Trial			2.15	5.76	3.74	3.49	2.75

Competitive Comparison of Natural Gas Distribution Co's Net Margin %

For the Utilities - Regulated Gas subindustry, Natural Gas Distribution 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.

Natural Gas Distribution Co's Net Margin % Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Natural Gas Distribution Co's Net Margin % falls into.

Natural Gas Distribution 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.

Natural Gas Distribution 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 )
	=	3.291	/	91.005
	=	3.62 %

Natural Gas Distribution 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 )
	=	1.492	/	54.32
	=	2.75 %

Natural Gas Distribution Co (SAU:9516) 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.

Natural Gas Distribution Co Net Margin % Related Terms

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Natural Gas Distribution Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Natural Gas Distribution Co (SAU:9516) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Kharj Road, P.O. 000512, Second Industrial City, Riyadh, SAU, 11382

Website

http://www.ngdc.com.sa

Natural Gas Distribution Co owns and maintains natural gas networks. The company.s activity is the distribution of gaseous fuels through pipes and gas pipelines, their maintenance and repair, the wholesale sale of gaseous fuels, and the transportation of natural gas through pipelines. Its core business is to supply the factories located in the second industrial city of Riyadh. The company is supplied with natural gas from Saudi Aramco through the main pipeline. Its services include the operation and maintenance of natural gas networks.

Natural Gas Distribution Co Headlines

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