Transcorp Power (NSA:TRANSPOWER) Operating Margin %: 41.02% (As of Mar. 2026) — Near Median

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NSA:TRANSPOWER Transcorp Power PLC NSA:TRANSPOWER
26 GF Score
Price ₦219.60
! 1 Warning Sign
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What is Transcorp Power Operating Margin %?

Transcorp Power NSA:TRANSPOWER 26 Operating Margin % is 41.02% as of Mar. 2026, which is 2% above its 10-year median of 40.39. GuruFocus rates NSA:TRANSPOWER with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 499 Utilities - Regulated companies, Transcorp Power ranks better than 89.58% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Transcorp Power's Operating Income for the three months ended in Mar. 2026 was ₦38,804 Mil. Transcorp Power's Revenue for the three months ended in Mar. 2026 was ₦94,592 Mil. Therefore, Transcorp Power's Operating Margin % for the quarter that ended in Mar. 2026 was 41.02%.

The historical rank and industry rank for Transcorp Power's Operating Margin % or its related term are showing as below:

NSA:TRANSPOWER' s Operating Margin % Range Over the Past 10 Years
Min: 33.68   Med: 40.39   Max: 47.47
Current: 33.68


NSA:TRANSPOWER's Operating Margin % is ranked better than
89.58% of 499 companies
in the Utilities - Regulated industry
Industry Median: 14.75 vs NSA:TRANSPOWER: 33.68

Transcorp Power's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Transcorp Power's Operating Income for the three months ended in Mar. 2026 was ₦38,804 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₦130,494 Mil.


Transcorp Power  (NSA:TRANSPOWER) 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.


Transcorp Power Operating Margin % Related Terms


Transcorp Power Operating Margin % Historical Data

* Premium members only.

The historical data trend for Transcorp Power'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.

Transcorp Power Operating Margin % Chart

Transcorp Power Annual Data
Trend Dec23 Dec24 Dec25
Operating Margin %
47.47 40.39 34.99

Transcorp Power Quarterly Data
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 45.13 15.24 37.94 41.71 41.02

NSA:TRANSPOWER vs NEE, SO, DUK: Operating Margin % Comparison

For the Utilities - Regulated Electric subindustry, Transcorp Power'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.


Transcorp Power Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transcorp Power's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Transcorp Power's Operating Margin % falls into.


NSA:TRANSPOWER
26GF Score
Transcorp Power PLC NSA:TRANSPOWER
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Transcorp Power 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.

Transcorp Power'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 )
=139352.391 / 398268.482
=34.99 %

Transcorp Power'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 )
=38803.928 / 94591.667
=41.02 %

* 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 41.02% mean?
Transcorp Power (NSA:TRANSPOWER) has a Operating Margin % of 41.02% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Transcorp Power and its competitors. This is near median its historical median of 40.39. Over the past decade, Transcorp Power's Operating Margin % has ranged from 33.68 to 47.47. According to the industry distribution chart, Transcorp Power ranks #52 out of 499 companies in the Utilities - Regulated industry, placing it in the top 10.4%.
Is Transcorp Power's Operating Margin % too high?
Transcorp Power's current Operating Margin % of 41.02% is near median its 10-year median of 40.39. Over the past 10 years, this metric has ranged from a low of 33.68 to a high of 47.47. The Utilities - Regulated industry median Operating Margin % is 14.75. Transcorp Power's value of 41.02% is 178.1% above this industry median. Based on the distribution chart, Transcorp Power ranks #52 out of 499 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Transcorp Power has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Transcorp Power's Operating Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Transcorp Power ranks #52 out of 499 companies for Operating Margin %. This places Transcorp Power in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 14.75. Transcorp Power's value of 41.02% is 178.1% above this benchmark. Historically, Transcorp Power's own Operating Margin % has ranged from 33.68 to 47.47 over the past decade. While the company's 10-year median is 40.39 vs. the industry median of 14.75, Transcorp Power 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 14.75, 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. Transcorp Power's current Operating Margin % of 41.02% is 178.1% 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 Transcorp Power and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcorp Power's current Operating Margin % is 41.02%, which is near median its own 10-year median of 40.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcorp Power stock overvalued right now?
Transcorp Power (NSA:TRANSPOWER) has a current Operating Margin % of 41.02%. The current Operating Margin % is 41.02%, which is near median its 10-year median of 40.39 and 178.1% above the Utilities - Regulated industry median of 14.75. Transcorp Power's overall GF Score™ is 26/100 with 1 warning sign to review. 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 Transcorp Power (NSA:TRANSPOWER), the current Operating Margin % is 41.02% 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.

Transcorp Power Business Description

Address Kilometer 12 warri patani road, Delta State, Ughelli, NGA
Transcorp Power PLC is engaged in power sector in Nigeria. It is a gas-fired open cycle thermal power plant located in Ughelli. It is fossil-fuel-based power-generating station in the country. The plant has an installed capacity of 972 MW and can generate 2,500 GWh of electricity annually. Transcorp power plant uses natural gas supplied by Nigeria, Nigeria Gas Infrastructure Company (NGIC) as the primary fuel for power generation. The Company has two operating segments: International - this segment is responsible for the sale of electric power to customers outside Nigeria and Local - this segment is responsible for the sale of electric power to customers within Nigeria. Key revenue is generated from Local sales.
26GF Score

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

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