OSGSY (Osaka Gas Co) Operating Income: $1,155 Mil (TTM As of Mar. 2026)


OSGSY Osaka Gas Co Ltd OSGSY
63 GF Score
Price $70.00
GF Value $48.59
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Osaka Gas Co Operating Income?

Osaka Gas Co OSGSY 63 Operating Income is $1,155 Mil as of Mar. 2026. GuruFocus rates OSGSY with a GF Score™ of 63/100 and a GF Value™ of $48.59 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Osaka Gas Co's Operating Income for the three months ended in Mar. 2026 was $259 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1,155 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Osaka Gas Co's Operating Income for the three months ended in Mar. 2026 was $259 Mil. Osaka Gas Co's Revenue for the three months ended in Mar. 2026 was $3,727 Mil. Therefore, Osaka Gas Co's Operating Margin % for the quarter that ended in Mar. 2026 was 6.94%.

Good Sign:

Osaka Gas Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Osaka Gas Co's 5-Year average Growth Rate for Operating Margin % was 5.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Osaka Gas Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.58%. Osaka Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.87%.


Osaka Gas Co  (OTCPK:OSGSY) Operating Income Explanation

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

Osaka Gas Co'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 )
=1035.072 * ( 1 - 31.22% )/( (19823.84 + 19963.714)/ 2 )
=711.9225216/19893.777
=3.58 %

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))
=21336.639 - 645.172 - ( 867.627 - max(0, 3469.512 - 5743.777+867.627))
=19823.84

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))
=20931.11 - 595.705 - ( 371.691 - max(0, 2837.184 - 5223.518+371.691))
=19963.714

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

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

Osaka Gas Co'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 )
=540.804/( ( (9378.995 + max(1406.638, 0)) + (9419.741 + max(2014.643, 0)) )/ 2 )
=540.804/( ( 10785.633 + 11434.384 )/ 2 )
=540.804/11110.0085
=4.87 %

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)
=(1685.765 + 1681.147 + 1509.238) - (645.172 + 0 + 2824.34)
=1406.638

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1869.914 + 1403.322 + 1578.591) - (595.705 + 0 + 2241.479)
=2014.643

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 %:

Osaka Gas Co'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 )
=258.768/3727.388
=6.94 %

* 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.


Osaka Gas Co Operating Income Related Terms


Osaka Gas Co Operating Income Historical Data

* Premium members only.

The historical data trend for Osaka Gas Co'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.

Osaka Gas Co Operating Income Chart

Osaka Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 836.60 448.90 1,151.75 1,078.32 1,101.63

Osaka Gas Co 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 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 410.74 330.00 283.97 282.71 258.77
OSGSY
63GF Score
Osaka Gas Co Ltd OSGSY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Osaka Gas Co 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 $1,155 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 $1,155 Mil mean?
Osaka Gas Co (OSGSY) has a Operating Income of $1,155 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Osaka Gas Co and its competitors.
Is Osaka Gas Co's Operating Income too high?
Osaka Gas Co's current Operating Income is $1,155 Mil. Overall, Osaka Gas Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Osaka Gas Co's Operating Income compare to ATO and NI?
Osaka Gas Co's Operating Income of $1,155 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 Osaka Gas Co and its competitors. Osaka Gas Co's current Operating Income is $1,155 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osaka Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Osaka Gas Co (OSGSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $48.59, compared to a current price of $70.00 — trading 44.1% above its estimated fair value. The current Operating Income is $1,155 Mil. Osaka Gas Co's overall GF Score™ is 63/100 with 3 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 Osaka Gas Co (OSGSY), the current Operating Income is $1,155 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 Osaka Gas Co (OSGSY) Overvalued in 2026?

Based on GuruFocus' analysis, Osaka Gas Co stock appears to be overvalued. The current stock price of $70.00 is trading 44.1% above its estimated GF Value™ of $48.59. GuruFocus considers Osaka Gas Co to be Significantly Overvalued.

Key valuation signals for OSGSY:

  • Operating Income: $1,155 Mil
  • GF Value™: $48.59 vs. price of $70.00 (44.1% above fair value)
  • GF Score™: 63/100 with 3 warning signs

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


Osaka Gas Co Business Description

Other Exchanges 9532:JapanOSA:Germany
Address 4-1-2 Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. The company operates through three segments. The Domestic Energy segment covers city gas production and supply, gas appliances, piping work, LNG and LPG sales, industrial gases, power generation, and electricity sales. The Life & Business Solutions segment engages in real estate development and leasing, information processing, and the sale of fine and carbon materials. The Overseas Energy segment focuses on natural gas and other energy development, investment, and supply. It generates the majority of its revenue from the Domestic energy segment.
63GF Score

Get the complete analysis for OSGSY

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

$70.00
Price
$48.59
GF Value