Muscat City Desalination CoOG (MUS:MCDE) Operating Margin %: 32.48% (As of Mar. 2026) — Near Median

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What is Muscat City Desalination CoOG Operating Margin %?

Muscat City Desalination CoOG MUS:MCDE +3.33% Operating Margin % is 32.48% as of Mar. 2026, which is 6% above its 10-year median of 30.62. The stock has 3 warning signs investors should review. Among 499 Utilities - Regulated companies, Muscat City Desalination CoOG ranks better than 85.97% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Muscat City Desalination CoOG's Operating Income for the three months ended in Mar. 2026 was ر.ع1.31 Mil. Muscat City Desalination CoOG's Revenue for the three months ended in Mar. 2026 was ر.ع4.02 Mil. Therefore, Muscat City Desalination CoOG's Operating Margin % for the quarter that ended in Mar. 2026 was 32.48%.

The historical rank and industry rank for Muscat City Desalination CoOG's Operating Margin % or its related term are showing as below:

MUS:MCDE' s Operating Margin % Range Over the Past 10 Years
Min: 29.8   Med: 30.62   Max: 34.02
Current: 30.6


MUS:MCDE's Operating Margin % is ranked better than
85.97% of 499 companies
in the Utilities - Regulated industry
Industry Median: 14.85 vs MUS:MCDE: 30.60

Muscat City Desalination CoOG's 5-Year Average Operating Margin % Growth Rate was -0.80% per year.

Muscat City Desalination CoOG's Operating Income for the three months ended in Mar. 2026 was ر.ع1.31 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ر.ع5.34 Mil.


Muscat City Desalination CoOG  (MUS:MCDE) 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.


Muscat City Desalination CoOG Operating Margin % Related Terms


Muscat City Desalination CoOG Operating Margin % Historical Data

* Premium members only.

The historical data trend for Muscat City Desalination CoOG'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.

Muscat City Desalination CoOG Operating Margin % Chart

Muscat City Desalination CoOG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only 29.98 30.62 29.90 29.80 30.46

Muscat City Desalination CoOG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 31.89 28.92 28.87 32.70 32.48

MUS:MCDE vs AWK, WTRG, AWR: Operating Margin % Comparison

For the Utilities - Regulated Water subindustry, Muscat City Desalination CoOG'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.


Muscat City Desalination CoOG Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Muscat City Desalination CoOG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Muscat City Desalination CoOG's Operating Margin % falls into.



Muscat City Desalination CoOG 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.

Muscat City Desalination CoOG's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=5.335 / 17.513
=30.46 %

Muscat City Desalination CoOG'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 )
=1.306 / 4.021
=32.48 %

* 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 Margin % →
What does a Operating Margin % of 32.48% mean?
Muscat City Desalination CoOG (MUS:MCDE) has a Operating Margin % of 32.48% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Muscat City Desalination CoOG and its competitors. This is near median its historical median of 30.62. Over the past decade, Muscat City Desalination CoOG's Operating Margin % has ranged from 29.80 to 34.02. According to the industry distribution chart, Muscat City Desalination CoOG ranks #70 out of 499 companies in the Utilities - Regulated industry, placing it in the top 14%.
Is Muscat City Desalination CoOG's Operating Margin % too high?
Muscat City Desalination CoOG's current Operating Margin % of 32.48% is near median its 10-year median of 30.62. Over the past 10 years, this metric has ranged from a low of 29.80 to a high of 34.02. The Utilities - Regulated industry median Operating Margin % is 14.85. Muscat City Desalination CoOG's value of 32.48% is 118.7% above this industry median. Based on the distribution chart, Muscat City Desalination CoOG ranks #70 out of 499 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers.
How does Muscat City Desalination CoOG's Operating Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Muscat City Desalination CoOG ranks #70 out of 499 companies for Operating Margin %. This places Muscat City Desalination CoOG in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 14.85. Muscat City Desalination CoOG's value of 32.48% is 118.7% above this benchmark. Historically, Muscat City Desalination CoOG's own Operating Margin % has ranged from 29.80 to 34.02 over the past decade. While the company's 10-year median is 30.62 vs. the industry median of 14.85, Muscat City Desalination CoOG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.85, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Muscat City Desalination CoOG's current Operating Margin % of 32.48% is 118.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Muscat City Desalination CoOG and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muscat City Desalination CoOG's current Operating Margin % is 32.48%, which is near median its own 10-year median of 30.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muscat City Desalination CoOG stock overvalued right now?
Based on GuruFocus' analysis, Muscat City Desalination CoOG (MUS:MCDE) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.07, compared to a current price of ر.ع0.09 — trading 32.9% above its estimated fair value. The current Operating Margin % is 32.48%, which is near median its 10-year median of 30.62 and 118.7% above the Utilities - Regulated industry median of 14.85. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Muscat City Desalination CoOG (MUS:MCDE), the current Operating Margin % is 32.48% 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.

Muscat City Desalination CoOG Business Description

Address North Ghubrah, P.O. Box 1935, Muscat, OMN, 114
Muscat City Desalination Co SAOG is engaged in owning, developing, and operating water projects and selling desalinated water. The company focuses on providing clean drinking water by operating Al Ghubrah independent water project. Water sales take place in the Sultanate of Oman. The Company's revenue stream comprises water capacity investment charge, water capacity operation and maintenance charge, water output operation and maintenance charge, and electricity charges.