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CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Operating Margin % : 11.06% (As of Mar. 2024)


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What is CIA Distrib de Gas do Rio de Janeiro - CEG Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Income for the three months ended in Mar. 2024 was R$137 Mil. CIA Distrib de Gas do Rio de Janeiro - CEG's Revenue for the three months ended in Mar. 2024 was R$1,240 Mil. Therefore, CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin % for the quarter that ended in Mar. 2024 was 11.06%.

Good Sign:

CIA Distrib de Gas do Rio de Janeiro - CEG operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin % or its related term are showing as below:

BSP:CEGR3' s Operating Margin % Range Over the Past 10 Years
Min: 9.99   Med: 15.14   Max: 19.1
Current: 18.5


BSP:CEGR3's Operating Margin % is not ranked
in the Utilities - Regulated industry.
Industry Median: 12.375 vs BSP:CEGR3: 18.50

CIA Distrib de Gas do Rio de Janeiro - CEG's 5-Year Average Operating Margin % Growth Rate was 9.50% per year.

CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Income for the three months ended in Mar. 2024 was R$137 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was R$1,005 Mil.


CIA Distrib de Gas do Rio de Janeiro - CEG Operating Margin % Historical Data

The historical data trend for CIA Distrib de Gas do Rio de Janeiro - CEG's Operating 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.

* Premium members only.

CIA Distrib de Gas do Rio de Janeiro - CEG Operating Margin % Chart

CIA Distrib de Gas do Rio de Janeiro - CEG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.90 19.10 17.50 13.63 18.52

CIA Distrib de Gas do Rio de Janeiro - CEG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % 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 12.02 20.73 24.07 17.06 11.06

Competitive Comparison of CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin %

For the Utilities - Regulated Gas subindustry, CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin %, along with its competitors' market caps and Operating 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.


CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin % falls into.



CIA Distrib de Gas do Rio de Janeiro - CEG Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1037.352 / 5602.206
=18.52 %

CIA Distrib de Gas do Rio de Janeiro - CEG's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=137.149 / 1239.95
=11.06 %

* 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.


CIA Distrib de Gas do Rio de Janeiro - CEG  (BSP:CEGR3) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


CIA Distrib de Gas do Rio de Janeiro - CEG Operating Margin % Related Terms

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CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Business Description

Traded in Other Exchanges
N/A
Address
Av Pedro Ii, 68, Rio de Janeiro, RJ, BRA, 20941070
CIA Distrib de Gas do Rio de Janeiro - CEG distributes natural gas for the residential, commercial, industrial, electrical power generation sectors and also for compressed natural gas stations.

CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Headlines

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