Compania General de Electricidad CGE (XSGO:CGE) Operating Income: CLP139,485 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSGO:CGE Compania General de Electricidad SA CGE XSGO:CGE
58 GF Score
Price CLP227.20
GF Value CLP276.68
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Compania General de Electricidad CGE Operating Income?

Compania General de Electricidad CGE XSGO:CGE 58 Operating Income is CLP139,485 Mil as of Jun. 2026. GuruFocus rates XSGO:CGE with a GF Score™ of 58/100 and a GF Value™ of CLP276.68 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Compania General de Electricidad CGE's Operating Income for the three months ended in Jun. 2026 was CLP38,020 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was CLP139,485 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Compania General de Electricidad CGE's Operating Income for the three months ended in Jun. 2026 was CLP38,020 Mil. Compania General de Electricidad CGE's Revenue for the three months ended in Jun. 2026 was CLP593,309 Mil. Therefore, Compania General de Electricidad CGE's Operating Margin % for the quarter that ended in Jun. 2026 was 6.41%.

Good Sign:

Compania General de Electricidad SA CGE operating margin is expanding. Margin expansion is usually a good sign.

Compania General de Electricidad CGE's 5-Year average Growth Rate for Operating Margin % was 4.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Compania General de Electricidad CGE's annualized ROC % for the quarter that ended in Jun. 2026 was 0.00%. Compania General de Electricidad CGE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.67%.


Compania General de Electricidad CGE  (XSGO:CGE) Operating Income Explanation

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

Compania General de Electricidad CGE's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=152081.628 * ( 1 - 100% )/( (3760801.121 + 3965332.729)/ 2 )
=0/3863066.925
=0.00 %

where

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))
=4087722.636 - 662059.169 - ( 21826.739 - max(0, 1206353.947 - 871216.293+21826.739))
=3760801.121

Invested Capital(Q: Jun. 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))
=4125314.17 - 707079.788 - ( 35199.536 - max(0, 1406201.162 - 859102.815+35199.536))
=3965332.729

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

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

Compania General de Electricidad CGE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=65177.412/( ( (1769210.736 + max(-139816.164, 0)) + (1780664.452 + max(-235550.099, 0)) )/ 2 )
=65177.412/( ( 1769210.736 + 1780664.452 )/ 2 )
=65177.412/1774937.594
=3.67 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(560727.511 + 4608.805 + 27417.101) - (662059.169 + 0 + 70510.412)
=-139816.164

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(522775.323 + 5068.096 + 30104.959) - (707079.788 + 0 + 86418.689)
=-235550.099

When net working capital is negative, 0 is used.

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

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

Compania General de Electricidad CGE's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=38020.407/593308.615
=6.41 %

* 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.


Compania General de Electricidad CGE Operating Income Related Terms


Compania General de Electricidad CGE Operating Income Historical Data

* Premium members only.

The historical data trend for Compania General de Electricidad CGE'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.

Compania General de Electricidad CGE Operating Income Chart

Compania General de Electricidad CGE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64,912.51 66,426.67 172,219.50 215,552.38 137,505.00

Compania General de Electricidad CGE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 34,029.70 18,248.81 42,428.72 40,787.25 38,020.41
XSGO:CGE
58GF Score
Compania General de Electricidad SA CGE XSGO:CGE
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Compania General de Electricidad CGE 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CLP139,485 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 CLP139,485 Mil mean?
Compania General de Electricidad CGE (XSGO:CGE) has a Operating Income of CLP139,485 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Compania General de Electricidad CGE and its competitors.
Is Compania General de Electricidad CGE's Operating Income too high?
Compania General de Electricidad CGE's current Operating Income is CLP139,485 Mil. Overall, Compania General de Electricidad CGE has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Compania General de Electricidad CGE's Operating Income compare to NEE and SO?
Compania General de Electricidad CGE's Operating Income of CLP139,485 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 Compania General de Electricidad CGE and its competitors. Compania General de Electricidad CGE's current Operating Income is CLP139,485 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania General de Electricidad CGE stock overvalued right now?
Based on GuruFocus' analysis, Compania General de Electricidad CGE (XSGO:CGE) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP276.68, compared to a current price of CLP227.20 — trading 17.9% below its estimated fair value. The current Operating Income is CLP139,485 Mil. Compania General de Electricidad CGE's overall GF Score™ is 58/100 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 Compania General de Electricidad CGE (XSGO:CGE), the current Operating Income is CLP139,485 Mil as of Jun. 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 Compania General de Electricidad CGE (XSGO:CGE) Overvalued in 2026?

Based on GuruFocus' analysis, Compania General de Electricidad CGE stock appears to be undervalued. The current stock price of CLP227.20 is trading 17.9% below its estimated GF Value™ of CLP276.68. GuruFocus considers Compania General de Electricidad CGE to be Modestly Undervalued.

Key valuation signals for XSGO:CGE:

  • Operating Income: CLP139,485 Mil
  • GF Value™: CLP276.68 vs. price of CLP227.20 (17.9% below fair value)
  • GF Score™: 58/100 with 7 warning signs

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


Compania General de Electricidad CGE Business Description

Address Avenida Presidente Riesco 5561, Piso 17, Santiago, CHL
Compania General de Electricidad SA CGE is an integrated gas and electricity company. It is operating in the areas of gas supply and transportation, distribution, electricity generation, marketing, and trading.
58GF Score

Get the complete analysis for XSGO:CGE

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

CLP227.20
Price
CLP276.68
GF Value