Origin Energy (ASX:ORG) Operating Income: A$753 Mil (TTM As of Dec. 2025)

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ASX:ORG Origin Energy Ltd ASX:ORG
71 GF Score
Price A$10.47
GF Value A$10.08
Valuation Fairly Valued
! 5 Warning Signs
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What is Origin Energy Operating Income?

Origin Energy ASX:ORG +2.15% 71 Operating Income is A$753 Mil as of Dec. 2025. GuruFocus rates ASX:ORG with a GF Score™ of 71/100 and a GF Value™ of A$10.08 (Fairly Valued). The stock has 5 warning signs investors should review.

Origin Energy's Operating Income for the six months ended in Dec. 2025 was A$597 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$753 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Origin Energy's Operating Income for the six months ended in Dec. 2025 was A$597 Mil. Origin Energy's Revenue for the six months ended in Dec. 2025 was A$7,993 Mil. Therefore, Origin Energy's Operating Margin % for the quarter that ended in Dec. 2025 was 7.47%.

Origin Energy's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Origin Energy's annualized ROC % for the quarter that ended in Dec. 2025 was 5.43%. Origin Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 29.54%.


Origin Energy  (ASX:ORG) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Origin Energy's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1194 * ( 1 - 21.88% )/( (17246 + 17091)/ 2 )
=932.7528/17168.5
=5.43 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Origin Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1564/( ( (5097 + max(-2538, 0)) + (5470 + max(21, 0)) )/ 2 )
=1564/( ( 5097 + 5491 )/ 2 )
=1564/5294
=29.54 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(935 + 193 + 822) - (3057 + 0 + 1431)
=-2538

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2497 + 222 + 847) - (2348 + 0 + 1197)
=21

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Origin Energy's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=597/7993
=7.47 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Origin Energy Operating Income Related Terms


Origin Energy Operating Income Historical Data

* Premium members only.

The historical data trend for Origin Energy's Operating Income 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.

Origin Energy Operating Income Chart

Origin Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.00 -667.00 254.00 943.00 981.00

Origin Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income 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 713.00 230.00 825.00 156.00 597.00
ASX:ORG
71GF Score
Origin Energy Ltd ASX:ORG
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Origin Energy Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$753 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of A$753 Mil mean?
Origin Energy (ASX:ORG) has a Operating Income of A$753 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Origin Energy and its competitors.
Is Origin Energy's Operating Income too high?
Origin Energy's current Operating Income is A$753 Mil. Overall, Origin Energy has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Origin Energy's Operating Income compare to SRE and AES?
Origin Energy's Operating Income of A$753 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Utilities - Regulated company?
A good Operating Income depends on the Utilities - Regulated industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Origin Energy and its competitors. Origin Energy's current Operating Income is A$753 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Energy stock overvalued right now?
Based on GuruFocus' analysis, Origin Energy (ASX:ORG) is currently considered Fairly Valued. The stock's GF Value™ is A$10.08, compared to a current price of A$10.47 — trading 3.9% above its estimated fair value. The current Operating Income is A$753 Mil. Origin Energy's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Origin Energy (ASX:ORG), the current Operating Income is A$753 Mil as of Dec. 2025. 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 Origin Energy (ASX:ORG) Overvalued in 2026?

Based on GuruFocus' analysis, Origin Energy stock appears to be overvalued. The current stock price of A$10.47 is trading 3.9% above its estimated GF Value™ of A$10.08. GuruFocus considers Origin Energy to be Fairly Valued.

Key valuation signals for ASX:ORG:

  • Operating Income: A$753 Mil
  • GF Value™: A$10.08 vs. price of A$10.47 (3.9% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the ASX:ORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Origin Energy Business Description

Address 100 Barangaroo Avenue, Level 32, Tower 1, Barangaroo, Sydney, NSW, AUS, 2000
Origin Energy is a major vertically integrated Australian energy utility. Its energy retailing business is the largest in Australia, with about 4 million customers and a 33% market share. Its portfolio of base-load, intermediate, and peaking electricity plants is one of the largest in the national electricity market, with a capacity of 6,000 megawatts. Origin also operates and owns 27.5% of Australia Pacific LNG, which owns large coal seam gas fields and LNG export facilities in Queensland.
71GF Score

Get the complete analysis for ASX:ORG

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$10.47
Price
A$10.08
GF Value