Osaka Gas CoTSE:9532 -0.48%63 Operating Margin % is 6.94% as of Mar. 2026, which is 1% below its 10-year median of 7.00. GuruFocus rates TSE:9532 with a GF Score™ of 63/100 and a GF Value™ of 円3,578.68 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 499 Utilities - Regulated companies, Osaka Gas Co ranks worse than 67.13% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Osaka Gas Co's Operating Income for the
three
months ended in Mar. 2026 was 円41,062 Mil. Osaka Gas Co's Revenue for the
three
months ended in Mar. 2026 was 円591,472 Mil. Therefore, Osaka Gas Co's Operating Margin % for the quarter that ended in Mar. 2026 was 6.94%.
Good Sign:
Osaka Gas Co Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Osaka Gas Co's Operating Margin % or its related term are showing as below:
TSE:9532'
s Operating Margin % Range Over the Past 10 Years
Min: 2.64 Med: 7 Max: 8.61
Current: 8.61
TSE:9532's Operating Margin % is ranked worse than 67.13% of 499
companies
in the Utilities - Regulated industry
Industry Median: 14.97
vs TSE:9532: 8.61
Osaka Gas Co's 5-Year Average Operating Margin % Growth Rate was 5.90% per year.
Osaka Gas Co's Operating Income for the
three
months ended in Mar. 2026 was 円41,062 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円174,810 Mil.
Osaka Gas Co (TSE:9532) 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 Nokias 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.
Osaka Gas Co Operating Margin % Related Terms
Osaka Gas Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for Osaka Gas Co'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.
TSE:9532 vs ATO, NI: Operating Margin % Comparison
For the Utilities - Regulated Gas subindustry, Osaka Gas Co'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.
Osaka Gas Co Operating Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Osaka Gas Co's Operating Margin % falls into.
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.
Osaka Gas Co's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Osaka Gas Co (TSE:9532) has a Operating Margin % of 6.94% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Osaka Gas Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Osaka Gas Co's Operating Margin % has ranged from 2.64 to 8.61. According to the industry distribution chart, Osaka Gas Co ranks #335 out of 499 companies in the Utilities - Regulated industry, placing it in the top 67.1%.
Is Osaka Gas Co's Operating Margin % too high?
Osaka Gas Co's current Operating Margin % of 6.94% is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 8.61. The Utilities - Regulated industry median Operating Margin % is 14.97. Osaka Gas Co's value of 6.94% is 53.6% below this industry median. Based on the distribution chart, Osaka Gas Co ranks #335 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Osaka Gas Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Osaka Gas Co's Operating Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Osaka Gas Co ranks #335 out of 499 companies for Operating Margin %. This places Osaka Gas Co in the lower half of its industry. The industry median Operating Margin % is 14.97. Osaka Gas Co's value of 6.94% is 53.6% below this benchmark. Historically, Osaka Gas Co's own Operating Margin % has ranged from 2.64 to 8.61 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 14.97, Osaka Gas Co has consistently been below 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 14.97, 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. Osaka Gas Co's current Operating Margin % of 6.94% is 53.6% below 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 Osaka Gas Co and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Osaka Gas Co's current Operating Margin % is 6.94%, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osaka Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Osaka Gas Co (TSE:9532) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,578.68, compared to a current price of 円5,412.00 — trading 51.2% above its estimated fair value. The current Operating Margin % is 6.94%, which is near median its 10-year median of 7.00 and 53.6% below the Utilities - Regulated industry median of 14.97. Osaka Gas Co's overall GF Score™ is 63/100 with 3 warning signs 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 Osaka Gas Co (TSE:9532), the current Operating Margin % is 6.94% 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.
Is Osaka Gas Co (TSE:9532) Overvalued in 2026?
Based on GuruFocus' analysis, Osaka Gas Co stock appears to be overvalued.
The current stock price of 円5,412.00 is trading 51.2% above its estimated GF Value™ of 円3,578.68.
GuruFocus considers Osaka Gas Co to be Significantly Overvalued.
Key valuation signals for TSE:9532:
Operating Margin %: 6.94% (near median its 10-year median of 7.00)
GF Value™: 円3,578.68 vs. price of 円5,412.00 (51.2% above fair value)
Industry Position: 53.6% below the Utilities - Regulated median (#335 of 499)
No single metric tells the full story. See the TSE:9532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. The company operates through three segments. The Domestic Energy segment covers city gas production and supply, gas appliances, piping work, LNG and LPG sales, industrial gases, power generation, and electricity sales. The Life & Business Solutions segment engages in real estate development and leasing, information processing, and the sale of fine and carbon materials. The Overseas Energy segment focuses on natural gas and other energy development, investment, and supply. It generates the majority of its revenue from the Domestic energy segment.
63GF Score
Get the complete analysis for TSE:9532
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9532 has been successfully added to your 
