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CEZ AS (STU:CEZ) Operating Margin % : 24.85% (As of Sep. 2024)


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What is CEZ AS Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. CEZ AS's Operating Income for the three months ended in Sep. 2024 was €797 Mil. CEZ AS's Revenue for the three months ended in Sep. 2024 was €3,207 Mil. Therefore, CEZ AS's Operating Margin % for the quarter that ended in Sep. 2024 was 24.85%.

Good Sign:

CEZ AS operating margin is expanding. Margin expansion is usually a good sign.

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

STU:CEZ' s Operating Margin % Range Over the Past 10 Years
Min: 11.39   Med: 17.61   Max: 21.98
Current: 20.34


STU:CEZ's Operating Margin % is ranked better than
60.05% of 413 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.49 vs STU:CEZ: 20.34

CEZ AS's 5-Year Average Operating Margin % Growth Rate was 15.30% per year.

CEZ AS's Operating Income for the three months ended in Sep. 2024 was €797 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was €2,530 Mil.


CEZ AS Operating Margin % Historical Data

The historical data trend for CEZ AS'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.

CEZ AS Operating Margin % Chart

CEZ AS 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 11.92 15.54 20.62 20.54 21.98

CEZ AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.95 -5.66 34.59 23.97 24.85

Competitive Comparison of CEZ AS's Operating Margin %

For the Utilities - Renewable subindustry, CEZ AS'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.


CEZ AS's Operating Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CEZ AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CEZ AS's Operating Margin % falls into.



CEZ AS 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.

CEZ AS'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 )
=3019.816 / 13736.286
=21.98 %

CEZ AS's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=796.964 / 3206.514
=24.85 %

* 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.


CEZ AS  (STU:CEZ) 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.


CEZ AS Operating Margin % Related Terms

Thank you for viewing the detailed overview of CEZ AS's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CEZ AS Business Description

Traded in Other Exchanges
Address
Duhova 2/1444, Prague 4, CZE, 140 53
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat. With its subsidiaries, the company operates a portfolio of both conventional and renewable energy power plants. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The majority of its revenue is derived from the Generation segment.

CEZ AS Headlines

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