ORXGF (Orca Energy Group) Operating Income: $41.59 Mil (TTM As of Mar. 2026)

What is Orca Energy Group Operating Income?

Orca Energy Group ORXGF 70 Operating Income is $41.59 Mil as of Mar. 2026. GuruFocus rates ORXGF with a GF Score™ of 70/100 and a GF Value™ of $2.27 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Orca Energy Group's Operating Income for the three months ended in Mar. 2026 was $10.55 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $41.59 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Orca Energy Group's Operating Income for the three months ended in Mar. 2026 was $10.55 Mil. Orca Energy Group's Revenue for the three months ended in Mar. 2026 was $28.40 Mil. Therefore, Orca Energy Group's Operating Margin % for the quarter that ended in Mar. 2026 was 37.16%.

Warning Sign:

Orca Energy Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -15.5%.

Orca Energy Group's 5-Year average Growth Rate for Operating Margin % was -15.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Orca Energy Group's annualized ROC % for the quarter that ended in Mar. 2026 was 88.84%. Orca Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 226.24%.

Orca Energy Group (OTCPK:ORXGF) Operating Income Explanation

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

Orca Energy Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	42.212 * ( 1 - 59.93% )	/	( (22.785	+	15.295)	/ 2 )
=	16.9143484	/	19.04
=	88.84 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	167.591	-	117.395	-	( 86.986	-	max(0, 117.395	-	144.806	+	86.986	))
=	22.785

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	134.853	-	111.613	-	( 55.202	-	max(0, 111.613	-	119.558	+	55.202	))
=	15.295

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Orca Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	35.044	/	( ( (19.45 + max(-66.2, 0))	+	(11.529 + max(-54.502, 0)) )	/	2 )
=	35.044	/	( ( 19.45	+	11.529 )	/	2 )
=	35.044	/	15.4895
=	226.24 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23.452	+	0	+	27.743)	-	(117.395	+	0	+	0)
=	-66.2

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(29.4	+	0	+	27.711)	-	(111.613	+	0	+	0)
=	-54.502

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Orca Energy Group's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	10.553	/	28.397
	=	37.16 %

* 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.

Orca Energy Group Operating Income Related Terms

Orca Energy Group Operating Income Historical Data

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The historical data trend for Orca Energy Group's Operating Income can be seen below:

Orca Energy Group Operating Income Chart

Orca Energy Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Operating Income

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47.33

63.09

36.93

18.28

39.31

Orca Energy Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Operating Income	Get a 7-Day Free Trial															8.27	27.61	7.10	-3.68	10.55

70GF Score

Orca Energy Group Inc ORXGF

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Orca Energy Group 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $41.59 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $41.59 Mil mean?

Orca Energy Group (ORXGF) has a Operating Income of $41.59 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Orca Energy Group and its competitors.

Is Orca Energy Group's Operating Income too high?

Orca Energy Group's current Operating Income is $41.59 Mil. Overall, Orca Energy Group has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Orca Energy Group's Operating Income compare to INDO and VOC?

Orca Energy Group's Operating Income of $41.59 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Operating Income depends on the Oil & Gas 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 Orca Energy Group and its competitors. Orca Energy Group's current Operating Income is $41.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Orca Energy Group stock overvalued right now?

Based on GuruFocus' analysis, Orca Energy Group (ORXGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.27, compared to a current price of $1.95 — trading 14.1% below its estimated fair value. The current Operating Income is $41.59 Mil. Orca Energy Group's overall GF Score™ is 70/100 with 7 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 Orca Energy Group (ORXGF), the current Operating Income is $41.59 Mil 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.

Is Orca Energy Group (ORXGF) Overvalued in 2026?

Based on GuruFocus' analysis, Orca Energy Group stock appears to be undervalued. The current stock price of $1.95 is trading 14.1% below its estimated GF Value™ of $2.27. GuruFocus considers Orca Energy Group to be Modestly Undervalued.

Key valuation signals for ORXGF:

Operating Income: $41.59 Mil
GF Value™: $2.27 vs. price of $1.95 (14.1% below fair value)
GF Score™: 70/100 with 7 warning signs

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

Orca Energy Group Business Description

Industry Energy Oil & Gas

Comparable Companies INDO VOC RSRV AMEN PRT BATL CRT SPND BSIN PVL HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Other Exchanges E9NB:Germany ORC.B:Canada

Address Haile Selassie Road, Oyster Plaza Building, 5th Floor, P.O. Box 80139, Dar es Salaam, TZA

Website https://www.orcaenergygroup.com

Orca Energy Group Inc produces and sells natural gas to the power and industrial sectors in Tanzania. The company is focused on maintaining safe and reliable operations at the Songo Songo gas field, offshore Tanzania. It operates several upstream, downstream, and distribution infrastructure for the benefit of the Tanzanian population. The Company has one reportable industry segment, which is international exploration, development, and production of petroleum and natural gas. Its gas revenue is derived solely from customers in Tanzania. It aims to create long-term sustainable and accretive value for stakeholders, while minimizing its impact on the environment.

70GF Score

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

$1.95

Price

$2.27

GF Value

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